Indian equity markets experienced sharp profit-taking, with the Nifty slipping below the crucial 26,000 mark and breaching 25,950, signaling heightened near-term volatility. Experts anticipate this uncertainty to persist until early next week, awaiting U.S. Supreme Court developments. A potential downside to 25,700 is noted if the Nifty sustains below 26,000.
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