Date 09.06.2026
NIFTY OUTLOOK: 23123.00 FII -5555.67 cr DII 5165.24 cr
As discussed yesterday market behaviour remained on the expected lines during the day, as bearish sentiments and profit booking were drift down the nifty near to our support of 23077 i.e. day low of 23070.15.
After raising LTCG from nil to 12.5%, STCG from 15% to 20%, STT from 0.01% to 0.05%, removing indexation benefits on debt funds and taxing them at slab rates, and imposing 12.5% tax on SGBs in the secondary market, investors believe several policy blunders have hurt sentiment. Rupee depreciation and lack of concern over FII exits have further weakened confidence. As per market grapevine, Government should reduce STT & long-term capital gains tax to attract FFIs, FPIs & NRIs.
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