Budget 2024:Share Market के लिए कैसा था बजट? अभी और क्रैश होगी मार्केट? Dr Ravi Singh| GoodReturns
Budget Gold Silver Down: वित्त मंत्री निर्मला सीतारमण ने आज संसद में मोदी सरकार के तीसरे कार्यकाल का पहला बजट पेश किया. बजट के बाद शेयर मार्केट में गिरावट देखने को मिली. अब आगे बाजार कैसा रहेगा. समझिए Dr Ravi Singh से.
#BudgetWithGoodreturns #budget2024 #Unionbudget #FMSitharaman #NirmalaSitharaman #ShareMarketToday #budgetHighlights #BudgetAnalysis #budget2024 #budgetstocks #sharemarket #budget2024live #budget2024update #budget2024news #budget2024liveupdates #budget2024highlights
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#BudgetWithGoodreturns #budget2024 #Unionbudget #FMSitharaman #NirmalaSitharaman #ShareMarketToday #budgetHighlights #BudgetAnalysis #budget2024 #budgetstocks #sharemarket #budget2024live #budget2024update #budget2024news #budget2024liveupdates #budget2024highlights
~PR.147~ED.148~HT.96~GR.124~
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NewsTranscript
00:00Hi, this is Bhavna and you are watching GoodReturns.
00:04You are watching GoodReturns Par Soda Khara Khara.
00:06Finance Minister Nirmala Sitharaman has presented the budget of Modi Government 3.0 in the 5th
00:12session.
00:13But as the budget announcements were happening, the same way, the fall was seen in the share
00:17market.
00:18In the morning, there was a good start in the share market.
00:22Sensex and Nifty were opened with a bang, but after that, the series of falls started.
00:28What was thought and what happened, although after noon, a little recovery was seen, but
00:33Nifty has fallen by 30 points and closed at 24,489.
00:38There has been a slight drop in Sensex and it has fallen by 73 points and closed at 80,429.
00:45In the middle, around 1 o'clock, there was a drop of more than 1200 points in Sensex.
00:51There was a drop of more than 300 points in Nifty.
00:55Dr. Ravi Singh, who is a Senior Market Analyst, is joining us to discuss the budget on the stock market.
01:08Hi Ravi Sir, how are you?
01:10Welcome to GoodReturns.
01:11Thank you for calling me here, Bhawana ji.
01:16The discussion of the budget is hot here, which is visible.
01:19The market has cooled down a bit and returned to normal, which is at least a good thing.
01:25For now, if you look at it once, there will definitely be a panic situation in the market.
01:32You people are live with us, but you can also ask us your question through the comments.
01:39Apart from this, you can also WhatsApp us with 9354831271 and ask us your question.
01:47Sir, a big drop in the market.
01:50I remember the day when Election Day was the result.
01:53We were discussing what we had thought about the market and the result of the market was the opposite.
02:04Even today, we have seen such a situation.
02:07First of all, how are you looking at today's budget, particularly in terms of the share market?
02:17If you look at the share market, the highlights of the budget were negative.
02:26Because two important bums were put on the budget, due to which there was a crash in the market.
02:33And that crash was sustained or it was seen to be recovering because later the government's planning came out.
02:43According to which the subsidy came out, according to which the allocation of the budget came out.
02:47He certainly gave confidence, but it is clear that Bhawana Ji dropped the atom bomb for the stock market at one time.
02:54The first atom bomb, you are seeing that as soon as the news came about STT, the immediate market showed a drop of 1250 points.
03:04Also, as soon as it seems that this is also right, he said that long-term capital will also have to be given.
03:12As long as he was thinking that he should take food in his mouth, he said that he would do this, give us a little more, take a little more.
03:18So, the same situation was here in the market.
03:21And according to that, the impact on the market was seen.
03:24But there is no doubt that the policies have been very good.
03:27But if you look at the market from today, then the two important news had a negative impact.
03:33And because of this, the market seems to be recovering again due to the policy after the crash.
03:40Sir, you are talking about two important news on the share market.
03:44The first is that the capital gain has increased in the tax.
03:47If we talk about the long term, then it has been reduced from 10 to 12.5%.
03:51And the short term has been reduced from 15 to 20%.
03:55The second is that the STT has been increased on F&O.
03:57It has been almost doubled.
03:59It has been reduced by 0.2%.
04:01How will investors take this decision?
04:04And what will be the impact on investors?
04:06What are your views on this, sir?
04:09See, the investors will take it in a negative way.
04:12Because if I try to explain the calculation to you.
04:16Suppose you are in the 30% tax slab.
04:19And you earned Rs. 1000 in the market.
04:22So, first 30% tax went.
04:24Then after that, 20% tax was added.
04:26So, you earned Rs. 2000, which you get Rs. 500.
04:30So, somewhere or the other, very bad conditions are being seen according to the stock market at this time.
04:36And from the point of view of the investor, it is very negative.
04:39On one hand, the government says that people invest in the stock market to get returns.
04:47But I think that if a short-term trader invests in the stock market.
04:51Then he will invest to earn and give to the government.
04:54Not to increase his own earnings here.
04:57So, there is a big difference.
04:58It is a big disappointment for investors.
05:00Especially its negative impact.
05:03It will have a big impact on those small brokers.
05:06I will tell you that the government will not get much benefit from this.
05:13And I completely disagree with this.
05:16That the government has increased the STT here.
05:19Because you improve the systems here.
05:23Instead of bringing such discrimination or discouragement.
05:28Which is not in the interest of the investor.
05:30It is possible that the government's thinking is like this.
05:33But who is such an advisor who advises?
05:35I also find this to be a big challenge.
05:37Because on one hand, where we talk that we are going against the world market.
05:42We are coming on the third number.
05:44There our policies are going in the 70s.
05:46This is also a big negative impact.
05:48So, I feel that from an investor's point of view.
05:51Investing in STT or long-term capital gains.
05:54Both are not in the interest of the government.
05:57In fact, this will harm the government.
06:00Because the way the volume was increasing.
06:02The government could have taken more tax here.
06:05But because of this, the volume will be dry.
06:07Because of that, the government will be at a loss.
06:09And I think that the government should think as soon as possible.
06:12That it should take it back.
06:14Because it is not in the interest of the investor.
06:16To earn 50% and give 50% to the government.
06:19No investor should invest here.
06:22Sir, from this answer.
06:25What happened to me a few days ago.
06:28The statement of the chief of SEBI also came in front.
06:31And his statement was that the volume in the market has increased a lot.
06:35Because 9 out of 10 deals remain in the share market.
06:40Retail investors trade in futures and options without thinking.
06:44And they lose their money in 9 out of 10 deals.
06:47If you look at the recent 1-2 years.
06:49The number of DEMAT has also increased a lot.
06:52If you look at it roughly.
06:5420% of their household savings.
06:58People are investing it in the share market.
07:04What are your views on this?
07:06Because SEBI and RBI were worried about it in the last few days.
07:12I think SEBI's concern is valid.
07:15But to worry about SEBI means.
07:18Don't make a pyre in worry.
07:20And make that worry applicable.
07:22Which is in the interest of the common man's investor.
07:24Something is also written on cigarettes.
07:27That it is injurious to health.
07:30But people still smoke cigarettes.
07:32But this is not the way.
07:34Whatever you said.
07:36I try to explain it on the ground level.
07:39The first thing is that only 16 crore people.
07:42Work in the Indian stock market.
07:44It is a DEMAT account.
07:46Only 3-4 crore people work.
07:48And because of that.
07:501-1.5 crore people get employment.
07:53On the one hand, you are saying.
07:554.1 crore people will get employment.
07:58On the other hand.
08:0020-25 lakh people have lost their jobs.
08:02Why did they lose their jobs?
08:04Look, understand.
08:06The strategy in India is completely different.
08:09Here we trade through brokers.
08:11To remove the loss.
08:13I remember a few days ago.
08:16When Nirmala Sitharaman.
08:18Went to give a speech.
08:20A broker from the community.
08:22Asked a very good question.
08:24He said that we earn for the government.
08:26You do not take the remaining expenses.
08:29We are going to loss.
08:30You are earning.
08:31And you put STT on it.
08:33CGST, SGST.
08:35Have you left anything?
08:36You have not left anything.
08:37Completely disagree.
08:39I am not just saying this for the broker community.
08:42I am also saying this for the public.
08:44Because you will have to pay more charges.
08:46Manipulations will be seen more.
08:48The government will get less tax.
08:50So the policy you said.
08:52The revision of the policy should be different.
08:54You develop an education fund.
08:56You develop education content.
08:58And where only 3 crore people.
09:00Think.
09:01Bhawanaji, I give a data.
09:03You tell me.
09:04In a population of 140 crores.
09:07110 crore smartphones are used.
09:09And 65% of the population earns.
09:13And it is not in the public stock market.
09:16So if it is 4 crore to 8 crore.
09:18Then you will close the stock market.
09:20You are going on something like this.
09:22This government is the same government.
09:24Which at the time of Congress said.
09:26That this policy is wrong.
09:28And now they are moving forward with the same policy.
09:30I feel.
09:31Maybe this is not a public policy.
09:35Especially increasing the long-term capital gains.
09:39On the contrary, the public will suffer more.
09:42Brokerage will suffer more.
09:44And this will cause disappointment in the stock market.
09:47If the government wants disappointment.
09:49Then why do you set this target?
09:51That we will become the world's second economy soon.
09:54We are becoming a developed India.
09:55Then these things are also contradictory from somewhere.
09:58So I think there is a lot of need for the government to think about it.
10:01And I think thinking about it.
10:03It should definitely take a step back.
10:08Sir, let's talk a little bit about the income tax along with the share market.
10:11In the new tax system in the income tax.
10:13Standard deduction from 50,000 to 75,000 has been done.
10:16But no change has been made in the old tax regime.
10:19What will be the effect of the government's decision on the taxpayer?
10:23And the government's income tax.
10:25Which has been changed only in the new tax regime.
10:28On standard deduction.
10:29How are you looking at this decision?
10:32The government wants to tell you.
10:35Stay on the old tax regime.
10:38There is no use of the old tax regime.
10:40And there is no meaning to it either.
10:42First.
10:4315,000 to 25,000.
10:45On the other hand.
10:46A new strategy has been given to you.
10:48In which you.
10:50On 7 lakhs to 10 lakhs.
10:52The tax percentage that is left.
10:54Go towards it.
10:55This means that you leave the old tax regime.
10:58There is no special benefit of it.
11:00You are getting 17,000 rupees from the government's system.
11:03If you trade that 17,000 in the share market.
11:06Then give it to Long Term Gain and Tax ACT.
11:09There is no need to do anything else.
11:13Absolutely.
11:14Sir, after today's fall.
11:15How will the market move now?
11:17Because.
11:18What will you give at the support level?
11:20And second.
11:21Whatever happened between the investors today.
11:24A panic has been created after that.
11:26So how will the market move now?
11:30Look, first of all.
11:31Try to understand the point.
11:33Panic in the market.
11:35That is because of this.
11:36Because when such a policy comes.
11:38Then there is a fear.
11:39That there are no more hard decisions in the market.
11:42And there is no more big fall.
11:44But let me tell you a good thing.
11:46The policy that the government has made.
11:49It is really made according to developed India.
11:51And when we are talking about developed India.
11:53Look, first we used to do.
11:55Make in India.
11:56And then after that.
11:57We were looking at the domestic level here.
11:59But the policies that the government has distributed today.
12:02According to which you can say.
12:04Fund allocation has been done in a way.
12:07Whether it is in the agriculture sector.
12:09Whether it is in the MSME sector.
12:11Talking about education.
12:12Talking about jobs.
12:13That is a good thing.
12:14And that fundamental is very strong.
12:16And because of its impact.
12:18Here the market fell.
12:20It was seen recovering.
12:22And let me tell you.
12:23What was said earlier in the market.
12:25That the market will fall after the budget.
12:28There can be a correction of 20%.
12:30These are all rumors.
12:31The market is still strong.
12:33And the second thing is.
12:34The fundamental that you have invested in a strong stock.
12:37There is no need to be afraid.
12:38Follow the good return.
12:40You will get all the conclusion points here.
12:43So there is no need to worry.
12:44And I say that.
12:46If you are making a long-term strategy in this market.
12:49The government also wants long-term.
12:51That's why it is stopping you from short-term trading.
12:53So you will benefit in the long term.
12:55And according to that.
12:56If we go from short-term.
12:57Then we will have a good moment.
13:01The atmosphere of decline.
13:02The atmosphere of disappointment.
13:03That will end in a day or two.
13:07Sir, what target would you like to give to the market this week?
13:10And also tell us.
13:11What other strategies can the investors adopt for this week?
13:17See at this time.
13:18I will say that.
13:19Mr. Bhavna.
13:20Right now, it is in the market.
13:22There is no need to be afraid.
13:23Because people are afraid.
13:25That from somewhere.
13:26The market can fall completely.
13:27First thing you understand.
13:28See.
13:29Now I will do one by one.
13:30According to the allocation done by the government.
13:33First of all.
13:34You come to the agricultural segment.
13:36That is.
13:37Our inflation.
13:38Because of which it is increasing.
13:40Radial inflation is increasing.
13:41It was talked about supporting it.
13:43The government has 1.52 crore rupees here.
13:461.52 crore.
13:48Right.
13:49The money that has been given.
13:51If we talk about it.
13:52If we talk about it.
13:53So.
13:54It is very positive for the stock market.
13:56Who is positive?
13:57The agro-commodities.
13:58Chemical.
13:59In all these sectors.
14:00Deals.
14:01It is very beneficial for them.
14:02So.
14:03I think.
14:04The government has given benefits according to that sector here.
14:06As far as Nifty is concerned.
14:08So.
14:09Nifty has also made it clear.
14:10That now.
14:11Under 24,300.
14:12Until Nifty.
14:13There is no trade.
14:14Until then.
14:15There is no need to be afraid.
14:16Upside.
14:17The target of 25,000.
14:18That will be seen to be achieved.
14:21So.
14:22In today's decline.
14:23Keep a little pain.
14:24Drink some tea.
14:25Eat samosas.
14:26If it is raining.
14:27But.
14:28Do not worry in the market.
14:29Why?
14:30Because in 2 to 3 days.
14:31The market will recover again.
14:32And.
14:33There is no reason for worry.
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