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Stock Market Headlines for 29 Feb 2016

Stock Market Headlines for 29 Feb 2016

Stock Market Headlines

Low production likely to rescue cotton prices.
Prospects of gold@31K fade after strong US data.
Will Mr Jaitley restore balance to hybrid funds?
Super rich could brace for Robin Hood tax in Budget session.
Patanjali starts to take a toll on some FMCG firms.
Bond losses trigger sale amid liquidity crunch.
Budget : Govt must focus on education, healthcare.
India to peform better EMs in long-term; like few pvt bks.
Budget 2016: Rupee opens lower by 9 paise at 68.69 per dollar.
Stocks that market will focus as Mr. Jaitley makes Budget speech.
Govt’s food subsidy outgo may jump up to Rs 1.5 lakh crs.
Budget 2016: ITC slips 2% on concerns on excise duty lift.
JP Associates & UltraTech jump 2-8% on Rs 16500-cr cement deal.
Budget 2016: PSU banks rally 2-3% on hopes of rise in recapitalisation amount.
Jet, SpiceJet, InterGlobe slump on fear of 5% custom duty.
Budget 2016: Should balance fiscal deficit & stimulate the economy.
FinMin working to remove ‘unwanted discretions’ in taxation.
NPS investment can lead to an additional tax deduction

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