Budget 2023: Abolish long-term capital gains tax, B Gopkumar of Axis Securities says
Equity markets are well suited for long-term investments and wealth generation, says B Gopkumar, MD & CEO, Axis Securities. In an interview with MintGenie, Gopkumar noted that he expects railways, construction, capital goods, defense equipment manufacturers, fertilizers, and agrochemicals to be the sectors in focus for the upcoming budget. Edited Excerpts:
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### Instruction: Budget 2023: Abolish long-term capital gains tax, B Gopkumar of Axis Securities says

### Response: Equity markets are well suited for long-term investments and wealth generation, says B Gopkumar, MD & CEO, Axis Securities. In an interview with MintGenie, Gopkumar noted that he expects railways, construction, capital goods, defense equipment manufacturers, fertilizers, and agrochemicals to be the sectors in focus for the upcoming budget. Edited Excerpts: