FII Tax Relief Buzz Puts PFC and REC in Focus
Zee Business Video Team | Updated: June 8, 2026 10:29 AM IST
Indian stock markets witnessed sector-specific action following discussions around potential tax relief on FII bond investments. Investors closely tracked stocks that could benefit from increased foreign capital inflows, particularly within the financial and PSU sectors. Market participants believe that easing tax norms for foreign investors may improve India's attractiveness as an investment destination and support liquidity in debt and equity markets. Stocks such as PFC and REC gained attention amid expectations of stronger institutional participation. Meanwhile, BSE shares experienced weakness due to profit booking, valuation concerns, and changing market sentiment. After a strong rally, some investors opted to lock in gains, leading to pressure on the stock.
