News for Golden Tobacco Limited (GOLDENTOBC.BO)

Sandeep Chilana, Managing Partner at CCLaw said raising the income tax exemption threshold to Rs 12 lakh is a deeply positive move, especially for the middle class.

Union Budget 2025 special trading session: Vijayakumar said the market will be looking for growth stimulating measures and not market-related taxation reliefs like changes in the capital gains taxation.

The Nifty Bank index was trading 0.12 per cent up at 49223.7.

The Nifty Realty index was trading 1.18 per cent at 1006.45.

Bajaj Auto, Hindalco, Dr. Reddys, Adani Ports SEZ and Eicher Motors were among the top losers on NSE.

The Nifty Realty index was trading 0.78 per cent at 1044.15.

The Nifty IT index was trading 0.02 per cent at 45645.05.

The Nifty Auto index was trading 0.07 per cent up at 23356.1.

The Nifty Bank index was trading 0.38 per cent down at 48018.6.

The Nifty IT index was trading 0.59 per cent down at 33241.45.

The NSE Nifty index closed 83.45 points up at 19393.6

In the Nifty pack, 33 stocks were trading in the green, while 17 stocks were trading in the red.

Shares of diversified ITC, which is also the country's leading cigarette player, witnessed wild swings, before finally settling with a gain of 2.61 percent at Rs 361.45.

Shares of ITC were trading 0.78 per cent lower at ₹349 on the bourse

Shares of cigarette companies, including Godfrey Phillips India and ITC Ltd, plunged by up to 5 per cent on the BSE on Wednesday after Finance Minister Nirmala Sitharaman announced a hike in taxes on cigarettes in the Union Budget.

ITC shares corrected sharply by 6 percent during the day but later recovered to trade with 0.6 percent losses at Rs 351.

Despite the negative sentiment, a total of 173 stocks hit their respective 52-week highs, of which the top 60 stocks touched record highs. This included nine stocks from the 'A' group.