https://www.taxtmi.com/news?id=31541 Equity benchmarks opened lower as Telecom and Industrials stocks led declines, with foreign institutional selling and mixed global cues adding downward pressure. Sectoral weakness in major technology, energy and banking names outweighed gains in select banks and consumer staples. Markets face elevated volatility ahead of a central bank decision and the national budget, where expectations of fiscal stimulus through income tax cuts may prompt a relief rally but sustainable recovery depends on data-driven growth and earnings improvement. en-us Mon, 27 Jan 2025 10:31:03 +0530 Mon, 27 Jan 2025 10:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31541 Equity benchmarks opened lower as Telecom and Industrials stocks led declines, with foreign institutional selling and mixed global cues adding downward pressure. Sectoral weakness in major technology, energy and banking names outweighed gains in select banks and consumer staples. Markets face elevated volatility ahead of a central bank decision and the national budget, where expectations of fiscal stimulus through income tax cuts may prompt a relief rally but sustainable recovery depends on data-driven growth and earnings improvement. News - Mon, 27 Jan 2025 10:31:03 +0530 https://www.taxtmi.com/news?id=31541