Dalal Street faced another tough day with indices falling for the fifth session. Investor sentiment remains cautious amid sector volatility and global concerns. However, technical indicators suggest the market is near a significant support level. Experts advise caution on bearish bets and suggest focusing on PSU banks and auto stocks for potential recovery.
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