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Union Budget proposes to increase the minimum public shareholding in listed firms to 35% from 25%
Updated : Jul 5, 2019

Minimum public shareholding at 35%; here's how it will impact stock market liquidity

While the move is positive for minority shareholders and it will lead to a better price discovery, some MNCs with low public float may even prefer to delist instead of relinquishing their stakes

With no major surprises, the speech that lasted for over two hours failed to excite the market and cautious investors later sold their positions in absence of positive announcements for market.
Updated : Jul 5, 2019

Union Budget 2019: Banking stocks rise on Rs 70,000-cr recapitalisation of public lenders

FM Sitharaman specified multiple provisions and structural changes towards the banking sector, starting with provision of about Rs 70,000 crore in terms of additional capital infusion to state-owned banks to support credit improvement.

Companies in the FMCG and consumer durables segment will look out for announcements made regarding income tax slabs and direct taxes.
Updated : Jul 5, 2019

Union Budget 2019: FMCG, consumer durables stocks may log gains as govt likely to announce relief in income tax

Finance Minister Nirmala Sitharaman will present her maiden Union Budget 2019 on July 5, which will be keenly watched by the Dalal Street. In order to kick start the economy, and to encourage investments, Sitharaman may raise income tax exemption limit for an individual income tax payee, which can boost consumption-based stocks.

Analysts believe that 2019 Budget is bound to trigger a bull rally in the equity market, that is currently undergoing correction.
Updated : Jul 5, 2019

Union Budget 2019: Infra stocks may gain as Modi govt set to provide additional focus on key sector

Most of the market experts have maintained a stable outlook on the infrastructure sector and the recent trends suggest an optimistic outlook on the infra stocks on a near-term basis.

Dalal Street too expects Sitharaman to announce a slew of measures to prop up the economy.
Updated : Jul 5, 2019

Union Budget 2019: What Dalal Street expects from Sitharaman's first budget

Finance Minister Nirmala Sitharaman will present her maiden Union Budget on July 5 this year. Union Budget 2019 is likely to focus on infra development, providing tax relief to common man, resolving agrarian crisis, creation of jobs, disinvestment and fiscal consolidation.

STT was introduced in the 2004 Union Budget and came into effect from 1 October 2004.
Updated : Jul 5, 2019

Union Budget 2019: FM Nirmala Sitharaman expected to scrap securities transaction tax this year

Finance Minister Nirmala Sitharaman will present her maiden Union Budget on July 5 this year. Market expects Sitharaman to scrap Securities Transaction Tax (STT) to raise volumes on the bourses.

Apart from LTCG tax, equity mutual funds and stock market investors are paying STT, commodity transaction tax (CTT), dividend distribution tax (DDT), dividend tax and health and education cess among others.
Updated : Jul 5, 2019

Union Budget 2019: Sensex, Nifty investors pray for Sitharaman to roll back Jaitley's LTCG tax

Withdrawal of capital gains tax can help bring stability in the market while making the investments in stock market and mutual funds more lucrative and beneficial for the investors. Removal of LTCG will help channelise more funds to markets either directly or through mutual funds.

Analysts believe that 2019 Budget is bound to trigger a bull rally in the equity market, that is currently undergoing correction.
Updated : Jul 5, 2019

Union Budget 2019: Real estate stocks set to rally as Modi govt expected to give relief to homebuyers

In her Budget speech, Sitharaman is expected to focus on making housing more affordable for the masses and arrange GST cuts as well as promote affordable housing for weaker section through credit linked subsidy.

With Union Budget 2019 to be presented on Friday, here's a look at how  Sensex and Nifty are likely to move this week.
Updated : Jul 4, 2019

How Sensex, Nifty are likely to move in run-up to Budget 2019

Sensex has risen 8.82% compared to the 36,469 level  on February 1 when last Budget was presented by former FM Arun Jaitley. Similarly, Nifty has gained 8.92% during the same period.

Finance Minister Nirmala Sitharaman
Updated : Jul 3, 2019

Budget 2019: Sensex, Nifty likely to rise if govt presents a strong reform agenda for the next five years

Sitharaman will have to walk a tight rope between fiscal prudence and spending on social welfare. The budget will set the tone for the next five years and offer insights into its thinking and critical focus areas.

From an investor perspective, given the current macro-economic conditions, Modi 2.0 could provide stimulus to revive consumption and investments.
Updated : Jul 2, 2019

Budget 2019: Task cut out for FM Nirmala Sitharaman to calm investors' nerves

Banks' recapitalisation and infrastructure outlay in the budget would help in reviving investment demand. Job creation is the need of the hour, and the government might offer fiscal incentives for adding new capacity by industrial units in economic zones for 'Make in India' initiative.

Updated : Jun 28, 2019

Budget 2019: How change in LTCG tax rate may affect the market

Increase in LTCG tax is expected to reduce gains in the benchmark  indices Sensex and Nifty this year. While Sensex has gained 9.55% since the beginning of this year, Nifty is not far behind logging 8.77% rise during the same period.

Budget 2019: What govt needs to clarify on capital gains tax
Updated : Jun 26, 2019

Budget 2019: What stock market expects on capital gains tax

Since the law does not allow long-term loss to be offset against short term gains, the investor would need to pay full tax on short term gains which would be significant since no cost is associated with bonus shares.