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I am not necessarily of the view that this will have to come at the cost of the investment economy or the investment portion of the portfolio. And therefore, to that extent, up until now that we were probably confronted with a situation where only one engine or one cylinder was firing, we probably now have the other cylinder firing for us as well from a market standpoint.
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News and Media
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.
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News and Media
L&T shares rose 3% after securing a major Rs 5,000-10,000 crore steel project in MENA. The stock rebounded after budget-related weakness. Analysts highlight slowing capex growth but strong order inflows support optimism.
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News and Media
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