Rajeev Desai
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In Indian stock market for over 30 Yrs. Not SEBI registered or not registered anywhere in the world. AS PER SEBI GUIDELINES-- I CAN'T GIVE BUY/SELL/HOLD CALLS. I CAN'T GIVE TARGETS. I want to write that , this is a mentorship platform. If you want to buy stock I discuss, do it at YOUR OWN RISK. For any queries to this site, Silce, write here, contact@slice-app.io
According to me, Budget is Good.
Lots of plans and lots of funds allocation to Railways, Semiconductor, Bio Pharma, Data Centers,Medical Tourism etc etc....
I was never thinking of LTCG or STT reduction at any point of time.
Why Nirmala Sitaraman will do it? Just to make FII come back? Means succumb under FII pressure? Show weakness?
FII selling is not only because of LTCG. There are many reasons. Google, asking "why FII are selling in India" , and you will get various reasons....
I like the Budget. She gave exemption uptill 12 Lacs in last Budget in personal IT. She can't keep giving concession in every budget.
After cutting down GST in so many items, including cars, in last Sep, how FM can give more concession again so soon....GST rate reduction was a big spike for economical growth!!