Budget 2024: Any reduction in capex or defence outlay can hamper market momentum, says Apurva Sheth of SAMCO Securities

In an interview with MintGenie, Apurva Sheth noted that any increase in taxes related to the capital markets like STT, Capital Gains, etc. can lead to a negative impact on the markets. A reduction in capex or defence outlay could hamper the current momentum in the markets, added Sheth.

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