Tuesday, January 16, 2024

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

Union 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/union-budget-2024-|-market-seeks-higher-capex-boost-to-rural-demand-reliefcap-gains-tax_17400911.html

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Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian Railways

Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expe...