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Finance Minister Nirmala Sitharaman explained that the new 12.5% long-term capital gains tax would cost less without indexation. She highlighted middle-class benefits, including increased standard deductions and subsidies on student loans and housing. She denied political favoritism in budget allocations and affirmed the government’s commitment to anti-corruption measures. Sitharaman urged people to consult the CBDT’s clarifications.

​What happened in the COVID period, there was a gamification. The trading became a video game. You got access through online brokerages and the cost of access with this zero brokerage without realising the STT, the GST in terms of IGST, the exchange charges, the government charges, the stamp duty, all those if you add in it was a hefty sum as well.

Shares of RBL Bank fell 4% to Rs 228 on BSE after a block deal involving Rs 1,081 crores was executed. The stake sale represented a 7.9% equity holding, reportedly sold by Maple II BV. The shares were offered at a 5% discount to the previous close. EQT AB held a 7.89% stake as of June 2024.

On July 24, three stocks from the Nifty50 pack appeared in the RSI Trending Up scan, according to the stockedge.com data.

Gold August futures fell by 0.06% to Rs 68,910 per 10 gram, and silver September futures dropped by 0.19% to Rs 84,730 per kilogram on Thursday.

The Nifty Auto index was trading 0.72 per cent up at 25492.4.

A total of 189,584 shares changed hands on the counter till time (IST).

As of 30-Jun-2024, promoters held 44.78 per cent stake in the company, while FIIs held 27.41 per cent and domestic institutional investors had 10.36 per cent.

The stock quoted a 52-week high price of Rs 593.7 and a 52-week low of Rs 420.85.