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"Our expectations not met"

June 02, 2023 00:00:00

The capital market will remain as bearish in FY24 as it is now for the proposed budget offers no new incentive for the market.

"We expected new incentives."

New tax incentives could make the market vibrant. Many securities have already moved up from the floor prices and the remaining securities will regain in terms of market value in the days to come.

"The market force will determine which securities will rebound and when."

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