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Nifty forms Dark Cloud Cover candle
The volumes were almost equal to the previous day; Benchmark index closed near the prior base support of 21,500 pts
Nifty forms Open High candle
Charts indicate bearish bias; Nifty settles below 4-week low, which is a clear sign of reversal
Markets remain volatile and uncertain
Investors would like to have a smaller position as there could be surprises in the Budget on Thursday (Feb 1)
Tinkering with new concessional tax regime not ruled out
We do not expect any major announcements for tax mobilisation and rationalisation, but some tinkering with the new concessional tax regime cannot be...
New industrial policy will support MSME growth: Sridhar Babu
The policy in its draft stage will be tabled in the upcoming Budget session says Telangana IT minister
Budget expectations to drive stock- & sector-specific movements
Spooked by weak Q3 numbers from index heavyweight HDFC Bank, renewed selling from FIIs, concerns over geo-political situation involving shipping...
Budget likely to continue thrust on major infra projects
FM is comfortably placed on the fiscal consolidation path with tax collections in 2023-24
Sustainable finance: The role of budget planning in stimulating growth...
The country’s solar and wind projects from 2022-2032 require around Rs. 20.67 lakh crore