![Budget to dictate market trends in the short term](https://images.assettype.com/fortuneindia%2F2018-07%2F721a2d7c-8bf2-411d-b9c3-e1bc9edadf1c%2Fblur_business_chart_159888.jpg?rect=0,418,4608,2304&w=300&q=95)
Budget to dictate market trends in the short term
A cut in personal tax rates to spur consumption could lift shares of auto, consumer durables, and FMCG companies.
A cut in personal tax rates to spur consumption could lift shares of auto, consumer durables, and FMCG companies.
Here’s how the key indices moved in a year marred by a slowing economy, rising crude oil prices, and trade tensions between the U.S.and China. But FPI flows were a bright spot.