Money Tree

Yesterday Finance Minister gave clarifications that FIIs shall not be brought under tax brackets as traders, and the controversy which was started because of the CBDT circular has come to an end.

It is expected that the fresh buying may start today, investors may pick up select stocks with a long term view. This is not the right time for panic selling, if your stocks fell sharply yesterday, hold them for some time, the markets are not going to be bearish in the long run.