India's Sensex up 228 points.

 
FREE EXCERPT

Indices settled higher on Friday ahead of finance minister Nirmala Sitharaman's media address, scheduled later in the day, wherein measures to revive the economy, clarity on the possible rollback of super-rich tax on FPIs, and implementation of direct tax code (DTC) are expected.

That apart, investors were also eyeing Federal Reserve chair Jerome Powell's speech at Jackson Hole, Wyoming for clarification on whether the US central bank remains on course to deliver another interest rate cut in next month.

The benchmark SandP BSE Sensex settled 228 points, or 0.63 per cent, higher at 36,701 levels...

To continue reading

REQUEST YOUR TRIAL