On budget day, investors and savers will notice that life goes on as usual. Despite some tweaks in tax regulations and the investment arena, there are no dramatic upheavals. The updates include slight modifications to the securities transaction tax affecting equity derivatives and capital gains on sovereign gold bonds. Meanwhile, the emphasis on nurturing a vibrant corporate bond market persists.
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