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'Benchmark To Hong Kong, Singapore, Dubai': Ajay Bagga Makes The Case For LTCG, STT Relief
· NDTV Profit
Market experts Ajay Bagga and Gurmeet Chadha say tax relief is one lever India can pull to stem foreign outflows, as the Finance Minister signals she is open to hearing views.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- This is a market-wide development — its reach goes beyond any single stock.