Share market today: Today, on the first business day of the week, it is expected to remain fast. The stock market is expected to open on the green mark today amidst good signs from the global market. On Friday, the last trading day of last week, the Reserve Bank of India cut the repo rate by 50 basis points. Cash reserve ratio (CRR) also announced 1 percent cut. The result was that the BSE Sensex closed at 82188.99 on Friday with a jump of 746.75 points or 0.92 %. At the same time, the Nifty also climbed 252.5 points or 1.02 percent to close at 25003.05. Today, good business is happening in the Asian market. Nikkei of Japan, Kospi in South Korea and futures of Hong Kong are also seeing a boom. Gift Nifty is also around 25,167. Today there are some stocks in which a stir can be seen. Let’s take a look at them-
Infosys
The show cause notice has been stopped against the FY 2018-19 to 2021-22 against Global IT service company Infosys. Along with this, the company has got relief from the demand notice of Rs 32,403 crore sent by GST officials of Karnataka in July last year. This notice was sent to not pay GST under Reserve Charge Mechanism for imported services from foreign branches. With this happiness, today the company’s shares can be seen in a boom. On Friday, the stocks closed at Rs 1564.05 with a jump of 0.62 percent.