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Will Nifty hit fresh record highs? Experts see these 5 triggers in Budget 2022 | Zee Business
<!DOCTYPE html> <html lang='en'> <head> <meta charset="utf-8"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="viewport" content="width=device-width, initial-scale=1"> <link http-equiv="x-dns-prefetch-control" content="on" /> <link rel="dns-prefetch" href="//cdn.zeebiz.com" /> <!--[if IE 9]> <link rel="prefetch" href="//cdn.zeebiz.com" /> <![endif]--> <link rel="amphtml" href="https://www.zeebiz.com/market-news/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528/amp" /> <script type="application/ld+json"> {"@context":"https:\/\/schema.org","@type":"NewsMediaOrganization","name":"Zee Business","url":"https:\/\/www.zeebiz.com","logo":"https:\/\/cdn.zeebiz.com\/html\/images\/zeebiz.png","address":{"@type":"PostalAddress","streetAddress":"Essel Studio FC-19 Film City","addressLocality":"Sector 16A","addressRegion":"Noida","postalCode":"201301","addressCountry":"India"},"contactPoint":{"@type":"ContactPoint","contactType":"customer support","telephone":"[+91-0120-2511064]","email":"zeebizenglish@zeemedia.esselgroup.com"},"sameAs":["https:\/\/www.facebook.com\/ZeeBusinessEnglish","https:\/\/x.com\/ZeeBusiness","https:\/\/www.instagram.com\/zeebusinessofficial\/","https:\/\/www.youtube.com\/@ZeeBusiness","https:\/\/whatsapp.com\/channel\/0029Va89fXr60eBihrpYvB2f"]} </script><script type="application/ld+json"> {"@context":"https:\/\/schema.org","@type":"WebPage","name":"Will Nifty hit fresh record highs? Experts see these 5 triggers in Budget 2022","description":"Indian markets rallied over 4 per cent so far in January in the run-up to the Budget 2022. The index is hardly 3 per cent away from hitting its record high above 18604.45 that was hit back in October 2021.\n","url":"https:\/\/www.zeebiz.com\/market-news\/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528","headline":"Will Nifty hit fresh record highs? Experts see these 5 triggers in Budget 2022","image":"https:\/\/cdn.zeebiz.com\/sites\/default\/files\/2022\/01\/19\/173126-untitled-design-2022-01-19t110733090.jpg","keywords":"Budget 2022,stocks in your budget 2022","publisher":{"@type":"Organization","name":"Zee Business","url":"https:\/\/www.zeebiz.com\/","logo":{"@type":"ImageObject","url":"https:\/\/cdn.zeebiz.com\/html\/images\/zeebiz.png","width":600,"height":60}}} </script><meta name="news_keywords" content="Budget 2022,stocks in your budget 2022" /> <meta name="robots" content="max-image-preview:large" /> <script type="application/ld+json"> {"@context":"https:\/\/schema.org","@type":"NewsArticle","url":"https:\/\/www.zeebiz.com\/market-news\/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528","mainEntityOfPage":{"@type":"WebPage","@id":"https:\/\/www.zeebiz.com\/market-news\/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528"},"headline":"Will Nifty hit fresh record highs? Experts see these 5 triggers in Budget 2022","description":"Indian markets rallied over 4 per cent so far in January in the run-up to the Budget 2022. The index","thumbnailUrl":"https:\/\/cdn.zeebiz.com\/sites\/default\/files\/2022\/01\/19\/173126-untitled-design-2022-01-19t110733090.jpg","keywords":"Budget 2022,stocks in your budget 2022","image":{"@type":"ImageObject","url":"https:\/\/cdn.zeebiz.com\/sites\/default\/files\/2022\/01\/19\/173126-untitled-design-2022-01-19t110733090.jpg","height":900,"width":1200},"datePublished":"2022-01-19T11:11:39+05:30","articleSection":"'.Markets.'","dateModified":"2022-01-19T12:24:53+05:30","articleBody":"'Indian markets rallied over 4 per cent so far in January in the run-up to the Budget 2022. The index is hardly 3 per cent away from hitting its record high above 18604.45 that was hit back in October 2021. The steady rise above 18000 levels suggests that we are in a pre-budget rally as most of the dips are getting bought into. Hence, investors are advised to sit tight and maintain their positions. \u201cWe are in a Pre-budget rally. The trend is broad-based which is a very positive sign for the markets. There is buying across stocks and across sectors. If we go by the trend, we might see the market breaking previous all-time high,\u201d Ashish Chaturmohta, Director, Equity Research, Sanctum Wealth, said. \u00a0 \u201cThere are various expectations from the budget, as usual, every year, which includes capital expenditure and infrastructure spending, to help fuel the investment cycle, create employment opportunities and improve domestic demand,\u201d he said. We have collated a list of top 5 trigger points that could give a boost to D-Street in Budget 2022: Fiscal Deficit: The path of fiscal trajectory would be the most important part of the Union Budget 2022-2023 amid the ongoing pandemic situation. Although most analysts see the government maintaining the fiscal deficit path, if the government lowers the fiscal deficit target it could certainly add more strength to markets. \u201cAny encouraging step which might give a clear path to lower fiscal deficit will be an important trigger for markets,\u201d Prem Prakash, Co-founder & CEO of CapitalVia Global Research Limited, said. Owing to the current fragile status of the economy, government support is still needed to sustain the ongoing economic momentum. Hence, the government may not opt for an aggressive fiscal consolidation path. \u201cGiven a sharp rise in GST collection and higher advance taxes, the government may find some cushion in actual fiscal deficit in FY22 despite revenue loss due to cuts in fuel excise duties, higher subsidies and a rise in expenditures due to extension of free food grain scheme until March 2022. The government is likely to maintain its fiscal deficit target at 6.7% for FY22E,\u201d said a Sharekhan report. Kickstart Investment Cycle: Given the need to support economic revival, kick-starting the investment cycle would continue to be high on the policy agenda. Recent reports indicate that the budgetary allocation on capital expenditure could be around Rs. 6.5 trillion in 2022-23, up by close to 20% as compared to Rs. 5.5 trillion (26% up from 2019-20) in 2021-22. Further, sustained focus towards the production-linked incentive (PLI) and National Infrastructure Pipeline (NIP) schemes, tax incentives for investments in Infrastructure Investment Trusts (InvITs), and continued thrust towards investments in Agri infrastructure such as cold storage, warehousing, etc. are likely to be seen in upcoming Budget. Notably, so far, private investments remain sluggish in the country, which is of utmost importance to sustain ongoing recovery. Therefore, the government may influence private companies to expedite capacity expansion programme. \u201cPresently, the private sector is operating at below 70% CAPEX cycle and certain incentive to boost capex expenditure by the private sector would be a big positive for markets,\u201d Jay Prakash Gupta, Founder, Dhan and Co-Founder, Raise Financial Services, said. \u201cSimultaneously clarity on reducing the fiscal deficit would also be keenly watched. The government needs to increase investments through FDI, plan for Asset Monetisation and disinvestments to cover the fiscal deficit,\u201d he said. Change in Tax Structure: A change in tax structure will give a good boost to markets because more disposable in the hands of people will boost consumption. \u201cIncentives to support domestic personal consumption may include higher standard deduction and Leave Travel Concession cash vouchers for central government employees to support domestic travel,\u201d Nirmal Bang said in a report. Prakash of CapitalVia Global Research Limited also highlighted that on the direct tax front, if the government does some tweaks to the structure or with the various sub-limits, which increases disposable income for the tax-payer, it can be a good positive. Divestment: Divestment revenue may be Rs1.75tn in FY23 despite the shortfall in FY22. Brokerage firm Nirmal Bang is factoring in divestment revenue of ~Rs1.75tn in FY23, although we anticipate slippage in the divestment target for FY22. \u201cWe are factoring in the divestment of ~Rs1tn in FY22, assuming the LIC divestment goes through,\u201d it said. Sectors in Focus: Sectors that are linked to the economy, consumption, automobile, as well as banking and financial services are likely to do well, suggest experts. It is imperative for the Centre to take all necessary measures to sustain the ongoing economic recovery. \u201cThe government may maintain its focus on the development of infrastructure (roads, water, and affordable housing) that would give the economy a much-needed earnings\/ employment stimulus,\u201d Sharekhan said in a note. \u201cFurther, much needed support for MSME and rural economy may also result in higher incomes and job creation, which should aid sectors like automobile, cement and consumers,\u201d it said. The note further added that BFSI, infrastructure, Real Estate, Construction, and Energy (especially green energy) are some sectors, which may be in focus in the upcoming Budget 2022. (Disclaimer: The views\/suggestions\/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.) \"","author":{"@type":"Person","name":"Kshitij Anand","url":"https:\/\/www.zeebiz.com\/authors\/kshitij-anand-165445"},"publisher":{"@type":"NewsMediaOrganization","name":"Zee Business","logo":{"@type":"ImageObject","url":"https:\/\/cdn.zeebiz.com\/html\/images\/zeebiz.png","width":600,"height":60}}} </script><script type="application/ld+json"> {"@context":"https:\/\/schema.org","@type":"Person","name":"Kshitij Anand","url":"https:\/\/www.zeebiz.com\/authors\/kshitij-anand-165445","jobTitle":"Writer"} </script><meta name="description" content="Indian markets rallied over 4 per cent so far in January in the run-up to the Budget 2022. The index is hardly 3 per cent away from hitting its record high above 18604.45 that was hit back in October 2021. 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relative;z-index: 2;} } /* Read More CSS */ </style> <div class="article-box article-box-new" id="176528" data-url="/market-news/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528" data-title="Will Nifty hit fresh record highs? Experts see these 5 triggers in Budget 2022"> <div class="article-section article-section-new"> <div id="breadcrumb"> <div class="breadcrumb-container"> <div class="breadcrumb breadcrumb-gs"> <span> <a href="/"><span>Business News</span></a></span> » <span> <a href="/markets" itemprop="url"><span itemprop="title">Markets News</span></a></span> </div> </div> </div> <script type="application/ld+json"> { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Business News", "item": "https://www.zeebiz.com/" }, { "@type": "ListItem", "position": 2, "name": "Markets", "item": "https://www.zeebiz.com/markets" }, { "@type": "ListItem", "position": 3, "name": "Will Nifty hit fresh record highs? Experts see these 5 triggers in Budget 2022" } ] } </script> <div class="article-start"> <h1 class="article-heading article-heading-biz margin-bt10px">Will Nifty hit fresh record highs? Experts see these 5 triggers in Budget 2022</h1> <h2 class="biz-a-sum">Indian markets rallied over 4 per cent so far in January in the run-up to the Budget 2022. The index is hardly 3 per cent away from hitting its record high above 18604.45 that was hit back in October 2021. </h2> <ul class="social-biz"> <li><a href="https://twitter.com/share?url=https://www.zeebiz.com/market-news/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528&text=Will+Nifty+hit+fresh+record+highs%3F+Experts+see+these+5+triggers+in+Budget+2022" target="_blank"><img src="https://cdn.zeebiz.com/sites/all/themes/zeebiz/images/X-13x27.svg" alt="Twitter" title="Twitter"></a></li> <li><a href="https://www.facebook.com/sharer/sharer.php?u=https://www.zeebiz.com/market-news/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528" target="_blank"><img src="https://cdn.zeebiz.com/html/images/fs-face-icon.gif" alt="Facebook" title="Facebook"></a></li> <li><a href="https://www.linkedin.com/shareArticle?mini=true&url=https://www.zeebiz.com/market-news/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528" target="_blank"><img src="https://cdn.zeebiz.com/html/images/linked_zeebiz.png" alt="Linkedin" title="Linkedin"></a></li> <li class="hidden-lg"><a href="whatsapp://send?text=Will+Nifty+hit+fresh+record+highs%3F+Experts+see+these+5+triggers+in+Budget+2022 - https://www.zeebiz.com/market-news/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528" title="Whatsapp" target="_blank"><img src="https://cdn.zeebiz.com/html/images/fs-whatsapp-icon.gif" alt="whatapp"></a></li> <li class="viewinapp"><a href="https://zeebusiness.page.link/?link=https://www.zeebiz.com/market-news/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528%23English&apn=com.zeebusiness.news" target="_blank" title="" onclick="gtag('event', 'ViewInApp', {'event_category' : 'Download App', 'event_label' : '/market-news/news-will-nifty-hit-fresh-record-highs-experts-see-these-5-triggers-in-budget-2022-176528'});">View in App</a></li> </ul> <div class="pos-relative"> <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2022/01/19/173126-untitled-design-2022-01-19t110733090.jpg?itok=f5qmapt-"><img class="img-responsive article-img" data-qazy="true" class="" src="https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2022/01/19/173126-untitled-design-2022-01-19t110733090.jpg?itok=f5qmapt-&c=c5af8c0f92ccc8e249257bf0f1cb18e8" alt="Will Nifty hit fresh record highs? Experts see these 5 triggers in Budget 2022" title="Will Nifty hit fresh record highs? Experts see these 5 triggers in Budget 2022" /></div></div></div> <div class="black-transparent">A change in tax structure will give a good boost to markets because more disposable in the hands of people will boost consumption. Pic: Reuters</div> </div> </div> <div> <div class="row artposchngbox" style="padding-bottom:20px;"> <div class="col-lg-9 col-md-9 col-sm-12 pad-left sidebar176528 col-md-push-3"> <div class="sidebar-inner"> <div class="article-para"> <!-- CRE Widget --> <script> var c_id = ''; gtag('get', 'UA-75361766-1', 'client_id', (client_id) => { c_id = client_id; }); // CRE Splide Click $("body").on("click", ".splide__slide_tranding", function(){ var itemJSON = {}; itemJSON = itemJSONCompile($(this),"click", c_id); dataLayer.push(itemJSON); //console.log('event fired ', itemJSON); }); // CRE Splide Click left $("body").on("click", ".slider-trending .slick-prev", function(){ var itemJSON = {}; itemJSON = itemJSONCompile($('.splide__slide_tranding.slick-current'),"left", c_id); dataLayer.push(itemJSON); //console.log('event fired ', itemJSON); }); //CRE Splide Click right $("body").on("click", ".slider-trending .slick-next", function(){ var itemJSON = {}; itemJSON = itemJSONCompile($('.splide__slide_tranding.slick-current'),"right", c_id); dataLayer.push(itemJSON); //console.log('event fired ', itemJSON); }); //CRE Splide Click right rec temp commenet start // $("body").on("click", ".splide__slide_recommended", function(){ // var itemJSON = {}; // itemJSON = itemJSONCompile($(this),"clickr", c_id); // dataLayer.push(itemJSON); // //console.log('event fired ', itemJSON); // }); // // CRE Splide Click left // $("body").on("click", ".slider-recommended .slick-prev", function(){ // var itemJSON = {}; // itemJSON = itemJSONCompile($('.splide__slide_recommended.slick-current'),"leftr", c_id); // dataLayer.push(itemJSON); // //console.log('event fired ', itemJSON); // }); // //CRE Splide Click right // $("body").on("click", ".slider-recommended .slick-next", function(){ // var itemJSON = {}; // itemJSON = itemJSONCompile($('.splide__slide_recommended.slick-current'),"rightr", c_id); // dataLayer.push(itemJSON); // //console.log('event fired ', itemJSON); // }); // temp commenet end function itemJSONCompile(itemBind, eventType, c_id){ console.log("eventType", eventType); var itemCount = itemBind.attr("data-count"); var clientId = c_id;//itemBind.attr("data-clientid"); var authorName = 'na'; var postId = itemBind.attr("data-postid"); var articleCat = itemBind.attr("data-Category"); var articleName = itemBind.attr("data-articlename"); var itemJSON = {}; if(eventType == "click"){ if(itemBind.hasClass("splide__slide_tranding")){ itemJSON = { 'event':'cre_article_click', 'eventCategory':'CRE', 'eventAction':'cre_article_click', 'eventLabel': itemCount, 'Client_ID': clientId, 'author_name': authorName, 'section':'Trending Now', 'postID': postId, 'publish_date':'na', 'article_category': articleCat, 'article_name': articleName, 'widget_position': 'Top' }; } } else if(eventType == "left"){ if(itemBind.hasClass("splide__slide_tranding")){ itemJSON = { 'event':'cre_arrow_click', 'eventCategory':'CRE', 'eventAction':'cre_arrow_click', 'eventLabel': 'left', 'Client_ID': clientId, 'author_name': authorName, 'section':'Trending Now', 'postID': postId, 'publish_date':'na', 'article_category': articleCat, 'article_name': articleName, 'widget_position': 'Top' } } } else if(eventType == "right"){ if(itemBind.hasClass("splide__slide_tranding")){ itemJSON = { 'event':'cre_arrow_click', 'eventCategory':'CRE', 'eventAction':'cre_arrow_click', 'eventLabel': 'right', 'Client_ID': clientId, 'author_name': authorName, 'section':'Trending Now', 'postID': postId, 'publish_date':'na', 'article_category': articleCat, 'article_name': articleName, 'widget_position': 'Top' } } } return itemJSON; } </script> <!-- CRE Widget --> <div id="fieldcontent" class="star176528"><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Indian markets rallied over 4 per cent so far in January in the run-up to the Budget 2022. The index is hardly 3 per cent away from hitting its record high above 18604.45 that was hit back in October 2021.</p><div class='block margin-bt30px adATF'><div id='div-gpt-ad-AS-Inarticle-1'></div><script> googletag.cmd.push(function() { googletag.defineSlot('/11440465/Zeebiz_Web/Zeebiz_AS_Inarticle_1_300x250', [300, 250], 'div-gpt-ad-AS-Inarticle-1').addService(googletag.pubads()); googletag.display('div-gpt-ad-AS-Inarticle-1'); }); </script></div></p> <p>The steady rise above 18000 levels suggests that we are in a pre-budget rally as most of the dips are getting bought into. Hence, investors are advised to sit tight and maintain their positions.</p><div id='v-zeebiz-v0'></div></p> <p>“We are in a Pre-budget rally. The trend is broad-based which is a very positive sign for the markets. There is buying across stocks and across sectors. If we go by the trend, we might see the market breaking previous all-time high,” Ashish Chaturmohta, Director, Equity Research, Sanctum Wealth, said.<br /> <br /> “There are various expectations from the budget, as usual, every year, which includes capital expenditure and infrastructure spending, to help fuel the investment cycle, create employment opportunities and improve domestic demand,” he said.</p> <p>We have collated a list of top 5 trigger points that could give a boost to D-Street in Budget 2022:</p> <p><strong>Fiscal Deficit:</strong></p><div class='block margin-bt30px adATF'><div id='div-gpt-ad-AS-Inarticle-2'></div><script> googletag.cmd.push(function() { googletag.defineSlot('/11440465/Zeebiz_Web/Zeebiz_AS_Inarticle_2_300x250', [300, 250], 'div-gpt-ad-AS-Inarticle-2').addService(googletag.pubads()); googletag.display('div-gpt-ad-AS-Inarticle-2'); }); </script></div></p> <p>The path of fiscal trajectory would be the most important part of the Union Budget 2022-2023 amid the ongoing pandemic situation. Although most analysts see the government maintaining the fiscal deficit path, if the government lowers the fiscal deficit target it could certainly add more strength to markets.</p> <p>“Any encouraging step which might give a clear path to lower fiscal deficit will be an important trigger for markets,” Prem Prakash, Co-founder & CEO of CapitalVia Global Research Limited, said.</p> <p>Owing to the current fragile status of the economy, government support is still needed to sustain the ongoing economic momentum. Hence, the government may not opt for an aggressive fiscal consolidation path.</p> <p>“Given a sharp rise in GST collection and higher advance taxes, the government may find some cushion in actual fiscal deficit in FY22 despite revenue loss due to cuts in fuel excise duties, higher subsidies and a rise in expenditures due to extension of free food grain scheme until March 2022. The government is likely to maintain its fiscal deficit target at 6.7% for FY22E,” said a Sharekhan report.</p> <p><strong>Kickstart Investment Cycle:</strong></p> <p>Given the need to support economic revival, kick-starting the investment cycle would continue to be high on the policy agenda.</p> <p>Recent reports indicate that the budgetary allocation on capital expenditure could be around Rs. 6.5 trillion in 2022-23, up by close to 20% as compared to Rs. 5.5 trillion (26% up from 2019-20) in 2021-22.</p> <p>Further, sustained focus towards the production-linked incentive (PLI) and National Infrastructure Pipeline (NIP) schemes, tax incentives for investments in Infrastructure Investment Trusts (InvITs), and continued thrust towards investments in Agri infrastructure such as cold storage, warehousing, etc. are likely to be seen in upcoming Budget.</p> <p>Notably, so far, private investments remain sluggish in the country, which is of utmost importance to sustain ongoing recovery. Therefore, the government may influence private companies to expedite capacity expansion programme.</p> <p>“Presently, the private sector is operating at below 70% CAPEX cycle and certain incentive to boost capex expenditure by the private sector would be a big positive for markets,” Jay Prakash Gupta, Founder, Dhan and Co-Founder, Raise Financial Services, said.</p> <p>“Simultaneously clarity on reducing the fiscal deficit would also be keenly watched. The government needs to increase investments through FDI, plan for Asset Monetisation and disinvestments to cover the fiscal deficit,” he said.</p> <p><strong>Change in Tax Structure:</strong></p> <p>A change in tax structure will give a good boost to markets because more disposable in the hands of people will boost consumption.</p> <p>“Incentives to support domestic personal consumption may include higher standard deduction and Leave Travel Concession cash vouchers for central government employees to support domestic travel,” Nirmal Bang said in a report.</p> <p>Prakash of CapitalVia Global Research Limited also highlighted that on the direct tax front, if the government does some tweaks to the structure or with the various sub-limits, which increases disposable income for the tax-payer, it can be a good positive.</p> <p><strong>Divestment:</strong></p> <p>Divestment revenue may be Rs1.75tn in FY23 despite the shortfall in FY22. Brokerage firm Nirmal Bang is factoring in divestment revenue of ~Rs1.75tn in FY23, although we anticipate slippage in the divestment target for FY22.</p> <p>“We are factoring in the divestment of ~Rs1tn in FY22, assuming the LIC divestment goes through,” it said.</p> <p><strong>Sectors in Focus:</strong></p> <p>Sectors that are linked to the economy, consumption, automobile, as well as banking and financial services are likely to do well, suggest experts.</p> <p>It is imperative for the Centre to take all necessary measures to sustain the ongoing economic recovery. “The government may maintain its focus on the development of infrastructure (roads, water, and affordable housing) that would give the economy a much-needed earnings/ employment stimulus,” Sharekhan said in a note.</p> <p>“Further, much needed support for MSME and rural economy may also result in higher incomes and job creation, which should aid sectors like automobile, cement and consumers,” it said.</p> <p>The note further added that BFSI, infrastructure, Real Estate, Construction, and Energy (especially green energy) are some sectors, which may be in focus in the upcoming Budget 2022.</p> <p><strong><em>(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)</em></strong></p> </div></div></div></div> <!-- CRE Widget --> <p><i> Get <a href="https://www.zeebiz.com"><strong>Latest Business News</strong></a>, <a href="https://www.zeebiz.com/india/markets"><strong>Stock Market</strong></a> Updates and <a href="https://www.zeebiz.com/videos"><strong>Videos</strong></a>; Check your tax outgo through <a href="https://www.zeebiz.com/personal-finance/income-tax-calculator"><strong>Income Tax Calculator</strong></a> and save money through our <a href="https://www.zeebiz.com/personal-finance"><strong>Personal Finance</strong></a> coverage. Check <a href="https://www.zeebiz.com/live-tv"><strong>Business Breaking News Live</strong></a> on <a href="https://twitter.com/zeebusiness"><strong>Zee Business Twitter</strong></a> and <a href="https://www.facebook.com/Zeebusinessonline/"><strong>Facebook</strong></a>. 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