What to watch: Will broking firms beat LTCG blues?

Updated - February 01, 2018 at 07:48 PM.

 

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 1, 2018 14:18