Nifty fell 102 points, or 0.44%, to close at 22,929. Sensex declined 199 points, or 0.26%, to end at 75,939. Both indices have declined 2.5-2.7% this week. “We have seen weakness in the market because, in recent days, even retail participants and HNIs(high networth individuals) have started booking profits along with FPIs,” said Amit Khurana, head of equities at Dolat Capital Market.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
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