Indian benchmark indices decline on Thursday
BSE Sensex was down 92.89 points at 26559.92 and NSE Nifty was down 31.60 points at 8192.90.
Banks and telecom stocks were partly responsible for the decline, reports said.
Some of the key stocks that gained on Thursday were GAIL, Sun Pharma, Hero Motocorp, Dr Reddys Lab, and ONGC, while key losers included Asian Paints, Tata Motors, Mahindra and Mahindra, ICICI Bank and Bhart Airtel.
Reliance Industries on Thursday announced the launch of Jio Money Merchant Solutions, a new payment app for digital transaction for traders, besides making a "Happy New Year offer", extending by another three months the benefits of unlimited voice calling, text messages and data for free.
The Union Finance Ministry said on Thursday that gold purchased from disclosed income and legally inherited gold is not taxable, according to reports.
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