1. FM Cuts duty on cut and polished diamonds from 5 percent to 3 percent
2. Duty on rough synthetic stones cut from 12.5 percent to5 percent
3. Duty on raw corals cut from 30 percent to 10 percent
4. This will have a positive impact on Diamond Companies Like GITANJALI GEMS, SURAJ DIAMONDS & RAJESH EXPORT.
5. Trading Strategy for GITANJALI GEMS for day Trading
Buy at opening for a tgt of 209.9,211.5 Sl 199.9.
Additional Buy Recommendation inview of Budget impact
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