Hi traders,
What would be tax deductions, tax reforms, tax incentives, tax surcharge, discounts, taxes on short term and long term capital gains, capital losses, amendments to company law, rules in regard to corporate governance in the new budget are to be seen. Then only post-budget rally is coming to take place. Up to budget, nifty in July series may go to 7850.New BJP Government increased the rail fares which resulted in severe protest by the opposition parties all over the country.PSU like MTNL also increased its service charges for its broadband subscribers. Now we have to see how would rail stocks and PSU stocks like MTNL fare in the coming months.
Meanwhile, happy trading.
What would be tax deductions, tax reforms, tax incentives, tax surcharge, discounts, taxes on short term and long term capital gains, capital losses, amendments to company law, rules in regard to corporate governance in the new budget are to be seen. Then only post-budget rally is coming to take place. Up to budget, nifty in July series may go to 7850.New BJP Government increased the rail fares which resulted in severe protest by the opposition parties all over the country.PSU like MTNL also increased its service charges for its broadband subscribers. Now we have to see how would rail stocks and PSU stocks like MTNL fare in the coming months.
Meanwhile, happy trading.
