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अंदाजपत्रक २०१८ - आर्थिक पारतंत्रतून मुक्ततेची शेवटची संधी
BAD BUDGET FOR MARKET
Another step towards Indian financial independence , nse, bse stopped trading nifty on foreign exchange. with sgx nifty, fii used to buy at one place and sell at other place to book profit. thus trading maximum hours of day. but this benefit not available for dii. thus level playing field denied to dii.
next step in same direction will be banning p-note. this will avoid tax facility to fii.
late final step towards fin liberty will be devaluation of rupee. in 2015 china did it. if crude fail to rally from here. govt may decide for devaluation. thus IT, export sector will benefit from it.
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GANN TABLE
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