https://www.taxtmi.com/news?id=72796 Indian equities extended gains for a second consecutive session, with the Sensex rising sharply in volatile trade and the Nifty also closing higher. The recovery was led by value buying in telecom, banking and pharma shares, while IT stocks remained weak. Market sentiment was supported by expectations of possible government measures to address rupee weakness, including consideration of bond tax relief for foreign investors and a possible tightening of the Liberalized Remittance Scheme to curb capital outflows. en-us Thu, 14 May 2026 16:31:03 +0530 Thu, 14 May 2026 16:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72796 Indian equities extended gains for a second consecutive session, with the Sensex rising sharply in volatile trade and the Nifty also closing higher. The recovery was led by value buying in telecom, banking and pharma shares, while IT stocks remained weak. Market sentiment was supported by expectations of possible government measures to address rupee weakness, including consideration of bond tax relief for foreign investors and a possible tightening of the Liberalized Remittance Scheme to curb capital outflows. News - Thu, 14 May 2026 16:31:03 +0530 https://www.taxtmi.com/news?id=72796