Indian equities are experiencing a sharp correction due to geopolitical tensions, with valuations becoming attractive. However, elevated oil prices and conflict duration pose significant risks, potentially impacting trade deficits and currencies. Investors are advised to focus on reasonably valued stocks, with engineering, EPC, and IT midcaps showing promise.
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