High-Yield Stocks May Be Winners of India’s Surprise Tax Boost
The Bombay Stock Exchange (BSE) stands in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

High-Yield Stocks May Be Winners of India’s Surprise Tax Boost

(Bloomberg) -- India’s surprise $20 billion tax break to companies bodes well for high dividend-yield stocks that benefit in a low-rate environment, according to ICICI Securities Ltd.
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