Sebi has asked the government to approve tax breaks for municipal bonds to fund grass-root infrastructure. Currently, India’s municipal bond market is 0.6% of the nation’s bond market, contrasting with the US’s $4 trillion market. Sebi is also planning steps to enhance investor protection in the futures and options (F&O) segment.
Nifty Weekly Outlook: Reversal confirmed, big moves expected around August 8, says Harshubh Shah
The Indian equity market ended its fifth straight week in the red, with the Nifty50 falling over 1%. July 29 marked a crucial reversal point