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GST 2.0 rollout, H-1B visa fee hike and India-US trade talks to drive market sentiment next week
['Ibt Business Desk']
IBTimes India : Top News
The coming week will be crucial for Indian equities as key global and domestic developments such as the rollout of GST 2.0, the hike in H-1B visa fees, updates on the India-US trade deal, along with FII activity, are expected to guide market momentum.
Meanwhile, US President Donald Trump has announced a sharp increase in the H-1B visa fee to $100,000.
However, the Trump administration has clarified that this will be a one-time fee, applicable only to new visa applications.
Among sectoral indices, the Nifty PSU Bank index led the gains with a jump of 4.83 per cent during the week.
Realty stocks surged 4.43 per cent, energy gained 2.31 per cent, PSE advanced 2.19 per cent, and services added 0.95 per cent.
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