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Angel One, CDSL, Motilal Oswal shares rise up to 7% as FM Sitharaman says open to reviewing equity tax concerns

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Core Development: Angel One, CDSL, Motilal Oswal shares rise up to 7% as FM Sitharaman says open to reviewing equity tax concerns
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Shares of capital market-related companies, including Angel One, Central Depository Services (India) Ltd (CDSL) and Motilal Oswal Financial Services, rose up to 7 per cent on Tuesday after Finance Minister Nirmala Sitharaman acknowledged concerns raised by foreign portfolio investors (FPIs) and domestic equity market participants over India's taxation regime.

The Nifty Capital Markets index gained more than 3 per cent, with all its 17 constituents trading in positive territory.

Angel One was the top gainer, rising 7 per cent, while Motilal Oswal Financial Services advanced 6 per cent.

CDSL and Computer Age Management Services gained 5.4 per cent and 4.64 per cent, respectively.

Groww, BSE, Nuvama Wealth Management and Multi Commodity Exchange of India (MCX) rose between 1 per cent and 3 per cent.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Moneycontrol ↗
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