Shares of broking companies such as Motilal Oswal, Geojit, Religare Enterprises, and Aditya Birla Money will remain in focus on the re-introduction of long-term capital gains tax. Presenting Budget 2019, Finance Minister Arun Jaitley announced an LTCG tax of 10 per cent on stock market gains exceeding ₹1 lakh. Analysts said though it was a knee-jerk reaction, LTCG will not deter investors from entering the market, as it is still the only real investment opportunity available.

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