D-Street honcho proposes estate duty on HNIs in Budget; How to know where Trump is headed

ET Markets Daily Brief | Mon, Jan 23, 2017 | 05:01 PM IST Follow ET Markets

NOT TO MISS #StocksInNews,#Recos,#Expert Views,#IPOs,#Commodities

Nilesh Shah's Budget: Levy wealth tax, estate duty on HNIs; acquire undeclared real estate "It is necessary to expand the tax base, as the tax burden is unequally distributed between the salaried class and others," says MD of Kotak Mutual Fund. Most economists feel FM will go easy on fiscal deficit: Will it mean pain for Dalal Street? The impact of the demonetisation drive on the economy and the looming GST tax are likely to keep the government guessing the revenue base for FY18. 17 metrics that will tell you where is President Donald Trump headed Trump's success or failure, both economically and as it pertains to his re-election prospects, will be judged by how the four key Midwest states he flipped perform.

Interview One to One The tax structure for FIIs, Trump's budget and moves on black money crack down -- will have a bearing on economic gro... Saurabh Mukherjea , Ambit Capital

Advertorial 8 things you must do right now to retire as a billionaire Here's a sneak peek into the life of famous billionaire Mark Zuckerberg: He is the world's fifth-richest person with a net worth estimated to be $56.7 billion.

Advertorial Rise of direct plans of mutual funds Ever since the Securities and Exchange Board of India (SEBI) introduced the game-changing alternative of direct plans in mutual funds there has been a significant rise in the portfolios switching to and investing in this option.

Market Watch 23 Jan | 05:01PM| SENSEX NIFTY USD/INR GOLD 27117.34 ↑82.84 8391.50 ↑42.15 68.21 ↑0.02 28746.00 ↑121.00

Gainers Losers 23 Jan, 2017, 05:01PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Bharat Rasayan Ltd. 2288.85 20.00 9030 2288.85 1905.20 Oriental Hotels Ltd. 27.00 20.00 821909 27.00 22.50 Bella Casa Fashion & Retail Ltd. 67.80 20.00 330000 67.80 56.00

Tweet of the day... Donald Trump spells end of integrated world order, asset classes not to move in tandem

FROM THE NEWSPAPER

BLOG: Look who moved the market all through Monday The Nifty is not expected to see any structural breach on the charts as long as it trades below the 8,460-8,480 zone. Watch this space as we bring you all the action in this live blog from Dalal Street. Unease over Trump sends dollar to 1.5-month low The index, which measures the greenback against six major rivals, fell half a per cent to 100.28, while it dropped more than 1 per cent to 113.440 yen and 0.35 per cent to $1.0755 per euro. Will Budget transform India from price taker to price setter in the gold market The precious metal has been a beneficiary and even a victim of demonetisation. On a net basis, this demonetisation exercise as of now has been neutral for gold. IT sector set to look up, two stocks to watch out for The IT sector is expected to remain resilient with an upward bias. The weekly MACD remains in continuing buy mode, while trading above its signal line. Oil eases after 2-day gain, rising US production weighs Brent crude, the international benchmark for oil prices, was trading at $55.42 per barrel at 0441 GMT, down 7 cents from its last close. US WTI crude futures fell 11 cents to $53.11 a barrel.

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