Indian markets are experiencing a strong rally, sparking optimism. Technical indicators suggest a possible shift in momentum. Experts believe a short-term bottom may have formed, creating favorable risk-reward for buyers. Banking stocks are also showing strength. While real estate has seen gains, its long-term outlook remains uncertain. The market appears poised for further upside in the near term.
Lok Sabha approves Finance Bill, tax rules eased
The Lok Sabha approved the Finance Bill, introducing enhanced tax authority powers and changes to share buyback taxation, capping the surcharge at 12%. The bill