PSU stocks continue to surge, with the BSE PSU index reaching a record peak of 18,025 points. The rally is attributed to increased capital expenditure in the interim budget for 2024-2025, benefiting PSU companies.
Sensex mcap increased 21.3 percent or Rs25.11 lakh crore since last budget while BSE MidCap and BSE SmallCap jumped 51 percent and 58.5 percent or Rs21.47 lakh crore and Rs 25.45 lakh crore respectively.
Interim Budget 2024: Top Statements By Finance Minister Nirmala Sitharaman indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Budget 2024: Union Finance Minister Nirmala Sitharaman highlighted plans for tourism infrastructure and amenities in Lakshadweep, aiming to stimulate domestic tourism and generate employment.
The crypto industry players assert that the virtual and digital assets (VDA) industry was looking forward to slashing of capital gain tax rate and TDS, however, their hopes have not been dashed, albeit pushed to a later date