The Budget’s capital gains tax changes caused a stir in the market, forcing sell-side analysts to defend their optimistic stock valuations despite the negative tax impact. This added to existing challenges in the market.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to