The passing week was the last full week of the calendar year 2021 and Indian equity markets posted significant gains with Nifty and Sensex ending near their crucial levels of 17,350 and 58,200 respectively.
Highlights
• GST regime will see a host of tax rate and procedural changes from 1st Jan
• Indian economy is likely to maintain a real GDP growth of 9% in FY22
• Spain`s retail sales grew at the fastest pace in six months in Nov’21
• People`s Bank of China injected $31.39 billion into the banking system
• China unveiled sweeping regulations governing overseas share sales by the country`s firms