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FM Sitharaman's LTCG tax remarks lift Sensex by 1,100 points. Can markets hope for a review?

Image: The Economic Times. Rights remain with the publisher.

Indian equities rallied on Tuesday, with the Sensex surging over 1,100 points after Finance Minister Nirmala Sitharaman said discussions around long-term capital gains tax (LTCG) and securities transaction tax (STT) were ongoing. IT stocks also supported gains, led by HCL Tech and TCS. However, mixed broader-market trends, elevated crude prices and inflation concerns continued to temper investor sentiment.

Listen to this article in summarized format Loading... × Indian equities rose sharply in Tuesday’s afternoon session after Finance Minister Nirmala Sitharaman said discussions around long-term capital gains tax (LTCG) and securities transaction tax (... [5503 chars]

Read the full report on The Economic Times

Story file

Section
Business
Topics
Stock market, Economy & RBI
First reported by
The Economic Times
Published
Tuesday, 13 October 2026, 3:06 pm IST
Coverage
One outlet so far

How this page works. The Headline Update lists this report from The Economic Times with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.

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