Tuesday, January 16, 2024

Budget 2024 | Market seeks higher capex, boost to rural demand, relief in cap gains tax

Budget 2024 | Market seeks higher capex, boost to rural demand, relief in cap gains tax Budget 2024 Expectations: Over the past few years, government#39;s focus on increasing capex to improve the country#39;s infra has helped capital goods and several PSU stocks rally. For instance, Nifty CPSE index has gained over 80 percent in the past one year. This has generated massive investor wealth and the markets want this to continue gung-ho

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/budget-2024-|-market-seeks-higher-capex-boost-to-rural-demand-reliefcap-gains-tax_17400911.html

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Global Market Today: Asian markets temper Iran deal optimism, BOJ decision in view

Asian stocks saw a modest rise, following a rally on news of a peace deal between Iran and the U.S. Investors are now focused on central ban...