Stocks

What to watch: Will broking firms beat LTCG blues?

| Updated on February 01, 2018 Published on February 01, 2018

 

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.

Published on February 01, 2018
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