Few businesses have done an impact assessment study to identify the areas of financial reporting that would change significantly while migrating to the new Ind-AS accounting standards that are compliant with the International Financial Reporting Standards, advisory firm KPMG said quoting a survey of 100 companies.
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The Indian equity indices, BSE Sensex and NSE Nifty 50, are expected to open positively on Tuesday, with GIFT Nifty trading up by 73.50 or 0.33%. The NSE Nifty 50 and BSE Sensex saw a significant rise on Monday, with a broad-based recovery across sectors. Top stocks to watch for the day are RIL, Adani Group, Tata Consumers and more.
