The Market Podcast | Zerodha s Nikhil Kamath has these 3 expectations from FM in Budget 2021
Indian market might well be trading at the higher end of the valuation bank which has made Nikhil Kamath slightly cautious on D-Street. January 15, 2021 / 05:08 PM IST
Indian market might well be trading at the higher end of the valuation bank which has made Nikhil Kamath slightly cautions on D-Street, he said in The Market Podcast with Moneycontrol.
Kamath who is a Co-founder and CIO, True Beacon, and Zerodha has three broad expectations from the Finance Minister in the Budget 2021.
The first expectation is the long-standing one – the abolition of STT or Securities Transaction Tax (STT). The government should aim at bringing more people in the equity markets and by the abolition of STT we expect participation would increase.