So currently a palm oil move indicates there should be some momentum. I would be a little wary of this momentum trade on FMCG so we should avoid these stocks. The only FMCG stock which is coming up on our radar is Emami Ltd. which has broken out and is still holding on.
Higher capital gains tax: Who benefits the most?
Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount