Sensex and Nifty declined amid fresh tariff threats and weak Asian markets. Focused stocks included Just Dial, Adani Enterprises, and JBM Auto with distinct movements. Analysts suggest buying these stocks at dips for long-term gains, with specific target levels and stop loss points.
FCNR(B) hurdle: Singapore holds ground on withholding tax
Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would