Tax exemption limit hiked to Rs 2 lakh
The annual Budget presented by Pranab Mukherjee on March 16 was not a positive, according to many experts. A Citi report title "India Budget2012: Tame at a a tough time" perhaps sums up how much of a mood dampener the Budget has been. Though there were no big bang reforms announced, surely there were provisions in it for enough stocks to react positively or negatively in the Street today.Here are ten stocks reacting to the Budget today:Cairn India is down 1.3 percent after the government raised cess on oil from Rs 2,000 per metric tonne to Rs 4,500. According to analyst reports, prof...
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