Weekend Wrap: From Indian Railway Finance Corporation to NTPC, top news and market movers this week: 4 August 2023

Updated: 05 Aug 2023, 12:17 PM IST
TL;DR.

From top news makers to market performance, here's the market wrap for the week ended 4 August 2023.

Gross GST revenue collected in July 2023 is 1,65,105 crore, up 11% (YoY)

Top News

  • SEBI announces MF industry to move towards T+1 settlement (trade plus one day) for buy and redemption of units, aligning with the equity markets. This change is expected to benefit investors and encourage them to consider equity schemes for higher returns.
  • Gross GST revenue collected in July 2023 is 1,65,105 crore, up 11% (YoY)
  • The Income Tax Return (ITR) filings for Assessment Year 2023-24 reached a new record of over 6.77 crore filings till July 31, 2023, representing a 16.1 percent increase from the previous year, with the highest number of filings happening on the last day.

Index Returns
Best Performers
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First Published: 05 Aug 2023, 12:16 PM IST