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LTCG tax

Sensex fell 252 points to 72,781.89 and Nifty dropped 99 points to 22,622.70 as pharma and healthcare stocks dragged markets lower.

Sensex opened 16 points higher and Nifty edged down as IT stocks gained over 1%, while consumer durables and healthcare shares declined.

Sensex closed 1,109 points higher and Nifty gained 1.6% as IT stocks rallied and investors tracked Sitharaman’s remarks on LTCG tax and STT.

Will Budget 2027 bring changes to LTCG tax and STT? Nirmala Sitharaman responds to investor concerns over market taxation.