The government’s budget introduced changes impacting capital markets, including increased trading costs for futures and options, and revised tax treatment for Sovereign Gold Bonds. While buybacks are now more tax-friendly, efforts are underway to boost corporate bond liquidity and support export-competitive sectors like deep-tech and manufacturing.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj