One of the major highlights is the personal income tax relief, which is a bold move, with the government forgoing nearly ₹1 lakh crore in revenue. This is expected to boost consumption, as taxpayers will have additional spending power, creating a multiplier effect on the economy.
Positive Breakout: These 3 stocks cross above their 200 DMAs
In the NSE Midcap pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on February 5, according to stockedge.com’s technical scan
February 6, 2025