After a very strong move in the week before this one, the markets chose to take a breather. They moved in a wide range but ended the week on a mildly negative note after rebounding from their low point of the week. While defending the key levels, the markets largely chose to stay within a … Read more
As the financial year draws to a close on March 31, taxpayers are focusing on maximising their savings through investments under Section 80C of the Income Tax Act. Among the various options available, Equity Linked Savings Schemes (ELSS) stand out as a favourable choice for both tax savings and potential long-term wealth creation. Under Section … Read more
Shares of the private lender IndusInd Bank Ltd. experienced a 26% decline on Tuesday. This was in response to additional analysts who cover the lender issuing downgrades and revising their price target on the stock. This followed the bank revealing another unfavorable development on Monday, March 10, to the exchanges. Following the recent fall, mutual … Read more
Trading activity in shares and equity derivatives slumped in November, weighed down by souring stock market sentiment and the new measures introduced by the Securities and Exchange Board of India (Sebi) to curb excessive speculation in futures and options in order to protect investors. Within derivatives, turnover in options — the most popular among retail … Read more
Mutual Fund SIP: The Lok Sabha election result, where the Bharatiya Janata Party (BJP) got a slimmer majority, triggered a fresh correction in the market. On Tuesday, June 4, the day the counting took place, Sensex saw the sharpest drop in four years. During the intraday trading, the Nifty 50 declined sharply by nearly 1,900 points, … Read more
In India, general elections hold high significance for Dalal Street investors as early trends, opinion polls, and exit polls ahead of the final outcome provide cues on which party is likely to win the game. This time around, the election has gained prominence in light of India’s rising importance in geopolitics, its leading position in … Read more
In the current market, you can save your income tax as there are various tax savers that are available. However, there are some tax savings plans like NPS, ELSS mutual funds, and Ulips that are also market-based investments but due to non-fixation of the returns, multiple investors find it as one of the causes to … Read more
Rise and fall are a part and parcel of investments in the equity market. Every phase of the market has its unique characteristic and an appropriate approach is required, with the right mindset, to limit losses or maximise gains, as the case may be. More often than not, investors fall into illusions and trial with … Read more