Mutual Fund Elss: In the financial year 2023-24, about three-fourths of taxpayers filed their income tax return in the new tax system. Finance Minister Nirmala Sitharaman has increased the limit of tax-free income in the new system in the budget 2025 to ₹ 12 lakh (₹ 12.75 lakh for salary taxpayers). It is expected that … Read more
Stocks to watch today: The start of Nifty50 and Sensex in Thursday’s market is expected to be strong due to global positive signals. At 6:33 am, Gift Nifty Futures were traded at 23,804 with a gain of 31 points, indicating positive opening for the Indian market. In Wednesday’s trading, Sensex declined by 312.53 points, or … Read more
Stock Market Today, February 6: The start of Nifty50 and Sensex in Thursday’s market is expected to be strong due to global positive signals. At 6:33 am, Gift Nifty Futures were traded at 23,804 with a gain of 31 points, indicating positive opening for the Indian market. In Wednesday’s trading, Sensex declined by 312.53 points, … Read more
Bonus Issue: The shares of Sangam Finserv, a company of Financial Sector Sangam Finserv, are set to go on an X-date after climbing about 33 per cent in the last one month. In December last year, Sangam Finserv announced the gift of bonus share to its investors. The first record date for this was fixed … Read more
After encouraging information about business, Angel One’s stock rose by 6.3 per cent to Rs 2,497 on Wednesday. Despite the selling in the broad market, the brokerage firm recorded an increase in its client base (increased to 3 crore) and an increase in order volume. The futures and options recorded a 6 per cent increase … Read more
After a recent rise, both benchmark Sensex and Nifty broke on Wednesday in the stock market. BSE Sensex broke 313 points in ups and downs. Investors took a cautious stance amid the Reserve Bank of India (RBI )’s monetary policy review and concern about the trade war being introduced this week. The BSE Sensex fell … Read more
According to a report by domestic brokerage company Motilal Oswal, the two-thirds of the regional indices are still trading above their 10-year average P/E multiple, despite a fall of more than 10 percent in benchmark indices in benchmark indices. The areas trading at the highest premium include infrastructure, utilities and consumer durables. In contrast, media, … Read more
Jomato and Jio Financial Services may find a place in the upcoming changes in the benchmark Nifty-50 in March. It is believed that Nuwama is of Altonative and Quantitative Research. In a report, the research firm said that we are confident that both these shares can replace BPCL and FMCG veteran Britannia in the index. … Read more
The Mutual Fund (MF) search for the tax affordable date option has reached the Fund of Funds (FOF) segment. At this time there are two date-centric FOFs that invest some part in Arbitraj Funds to provide better tax efficiency. Two other such schemes are to be introduced by 3 March. The Kotak Fund first offered … Read more
The National Stock Exchange (NSE) and BSE have still not been able to agrees with clearing and settlement charges and the dispute has been going on for more than a year. The NSE has said in its latest financial description that its full -owned assistant NSE Clearing (NCL) has a decrease of Rs 177 crore … Read more