Domestic institutional investors (DIIs) have emerged as strong support pillars of the markets, but it is only mutual funds within this segment that have been aggressive buyers of equities. On most days while mutual funds are net buyers, other DIIs like banks, insurance companies along with AIFs and PMS are mostly net sellers as per data from SEBI and NSE.
NRIs to pay lower LTCG tax on these equity shares due to proposed forex fluctuation benefit in New Income Tax Bill 2025
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