Indian benchmark indices, Nifty50 and Sensex, closed at record highs on Friday, marking their best weekly gains in seven weeks. This surge followed a period of range-bound trading, with analysts predicting further upward movement. Market participants anticipate significant gains for both indices in 2026, despite a cautious VIX.
Losing $1 billion a day: Gurmeet Chadha urges PMO, Finance Ministry to revisit capital gains tax, STT
Gurmeet Chadha has urged the government to revisit capital gains tax and STT, citing sustained foreign capital outflows. He claims India is losing nearly $1