There are hopes that the surcharge tax on FPIs will be reduced but if it happens or not is anybody’s guess. And if it does, markets will cheer and open gap up in the next week.from Moneycontrol Market Outlook https://ift.tt/2YV1fD2
Friday, August 9, 2019
If Govt reduces tax surcharge next week on FPIs, expect a bounce towards 11,450
There are hopes that the surcharge tax on FPIs will be reduced but if it happens or not is anybody’s guess. And if it does, markets will cheer and open gap up in the next week.from Moneycontrol Market Outlook https://ift.tt/2YV1fD2
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