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How midcap stocks performed: EY India analyses trends and key drivers

Buying in consumption-related sectors after Sitharaman exempted annual income of up to Rs 12 lakh from income tax

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BS Reporter

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Benchmark indices Sensex and Nifty ended flat in a special trading session on Saturday as investors saw little coming in from the Finance Minister Nirmala Sitharaman for retail investors and the overall markets in the Union Budget. But, buying in consumption-related sectors after Sitharaman exempted annual income of up to Rs 12 lakh from income tax and rejigged tax slabs as part of her reformist Budget prevented any major fall in the markets. 
  

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First Published: Feb 02 2025 | 12:30 AM IST

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