Before investing, the very first lesson any investor must learn is the art of managing risk. You see, the stock market is known for its volatile nature. Some investors take advantage of this market volatility, while some struggle to keep up with it. For those who struggle with the roller-coaster ride of the stock market, … Read more
Indian market closed in the green for the sixth day in a row on Friday. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed above 19800 levels. Sectorally, buying was seen in infra, realty, public sector, and oil & gas stocks while selling was seen in healthcare and FMCG space. Stocks … Read more
Indian market closed lower on Friday for the second consecutive day in a row. The S&P BSE Sensex fell more than 200 points while the Nifty50 closed below 19400 levels. Sectorally, buying was seen in power, utilities, FMCG and some infra stocks while selling was visible in IT, metals, public sector and telecom stocks. Stocks … Read more
India’s capital market regulator has proposed discontinuing the current practice of an advance transfer of funds to stockbrokers before secondary market trades are executed. Such a move will prevent misuse of client funds, brokers’ defaults and the consequent risk to investors’ capital, the regulator said in a discussion paper to seek views before it finalises … Read more
New Delhi: The Income Tax department has disposed of 7,116 cases under the first phase of faceless assessment system, an official source said. Since its launch on October 7, 2019 and implementation of first phase, faceless scrutiny assessment scheme has provided for assessment of income tax in electronic mode, where taxpayers need not see face-to-face … Read more