Sensex, Nifty Likely To Extend Gains Amid Mixed Global Cues | Top Market Strategies! | Market Cafe

Sensex and Nifty are expected to continue their gains despite mixed global cues. This news comes along with top market strategies. Zomato has recently acquired Paytm's ticketing business for a whopping ₹2,000 Cr, making it the second biggest acquisition in the company's history. As a result of this deal, Paytm's ticketing business will now become a fully-owned subsidiary of Zomato. Furthermore, this move will also have an impact on Zomato's district app and its overall business outlook.

The FOMC minutes are getting closer to the September rate cuts, while the US job growth is on the decline and China's EU's EV tariffs are causing concerns. Finance Minister Nirmala Sitharaman highlights the importance of the department using its powers responsibly to avoid unnecessary inconvenience to taxpayers and businesses. She discusses the Viksit Bharat initiative, which aims to create taxpayer-friendly policies, and urges tax officials to avoid taking harsh actions.


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Electric vehicle makers are experiencing a slowdown in sales and are demanding standard operating procedures (SOPs) and government schemes to boost the industry. This news has been covered by ET Now.
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