JPMorgan Chase CEO Jamie Dimon advocates for taxing carried interest, aligning with Donald Trump’s efforts to close the loophole benefiting private market investors. Dimon suggests using the additional revenue to double income tax credits, benefiting communities and families. He also cautioned about a potential “crack in the bond market” due to government overspending and quantitative easing.
Stocks to buy or sell today: Biocon, Voltas among 7 trading ideas
Indian market is expected to consolidate, mirroring mixed global signals, with Nifty futures closing negatively. Option data indicates a trading range between 24,600 and 25,600.