Nifty IT Index saw itself underperforming the broader markets on relative terms. However, over the past few sessions, this pocket has tried to improve its relative momentum and performance against the broader markets.
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while
Sebi has dropped insider trading charges against Pranav Adani and two others, ruling their Adani Green trades occurred after news of the SB Energy acquisition
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