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Indian Markets Trade Higher on Hopes of LTCG Tax Relief and FII Inflows

Indian Markets Trade Higher on Hopes of LTCG Tax Relief and FII Inflows

Indian stock markets traded in positive territory on October 15 amid hopes of relief in long-term capital gains (LTCG) tax and a possible reversal in foreign institutional investor (FII) outflows. Investor sentiment received support from expectations of potential tax changes following recent comments by Finance Minister Nirmala Sitharaman. However, the possibility of relief remains uncertain, while sustained foreign selling and global economic concerns continue to influence market movements.

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