Investor wealth eroded by Rs 4.46 lakh crore in a single day on Friday with the benchmark BSE Sensex tanking more than 1 per cent in line with global stocks rout. Illustration: Dominic......
Overall market reaction to the Budget was neutral. Illustration: Dominic Xavier/Rediff.com Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes......
The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year.......
'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.''Investors may not want to jump into the markets until there is clarity on this front.'......