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Budget > Should we buy or Hold Mid or Small cap

Posted: Fri Jan 19, 2018 11:55 pm
by deepakgoyal9
Budget is on corner now , is this right time to buy mid or small caps ( Deepak Nitride , Sterlite technology ) or should we wait for correction ?

Re: Budget > Should we buy or Hold Mid or Small cap

Posted: Sat Jan 20, 2018 3:00 pm
by Pee Vee
deepakgoyal9 wrote:Budget is on corner now , is this right time to buy mid or small caps ( Deepak Nitride , Sterlite technology ) or should we wait for correction ?
It may be better to wait. There is talk that the exemption for long-term capital gains (LTCG) may be withdrawn or curtailed. If so, there may be a correction in the markets.

LTCG on equities: Will it make a comeback in Budget 2018?

Extending the tenure of the Long-term Capital Gains (STCG) tax to two-three years from one, in line with non-equity mutual funds could be one possibility, experts said.