As we discuss in the previous session that any news could turned down the market phenomenon so as the current market scenario the news” that will allow India to tax Mauritius investments” turn dragged the equity indices down on Dalal Street on Wednesday.
After made a smart gain on Monday and Tuesday, Wednesday the market started the day with highly volatility as loss of nearly 200 point and whole of the day that still maintain its downward trend and closed the day with the loss of 175 point at 25597 and Nifty ended at 7848.85 with loss of 38.95 point.