No investor can forget 1st Feb 2018. Everything was going fine in the budget speech by the FM Mr.Arun Jaitely. And then he introduced Long Term Capital Gains on Equity. This was the very same day when LTCG went up from 0% to 10%. The thought was this bad
An Employee Stock Ownership Plan (ESOP) buyback in India involves the company buying back shares issued to employees under the ESOP scheme. Hereβs a detailed look at how it works and the associated tax implications: ESOP Buyback Process in India Issuance of ESOPs: * Companies grant stock options to employees
Nifty 50 is up 1% in June. This is despite extreme volatility induced due to exit poll and election results. Now that things are looking like falling in place, its important to look ahead. Market participants now will shift their focus away from election results. Here are the key events
Exit polls, the surveys conducted immediately after voters leave polling stations, have long been a staple of election coverage. These polls provide a snapshot of voter behavior and preferences, offering insights into who voted, why they voted, and how they made their decisions. Historical Importance of Exit Polls in India
Please pay close attention to this message. π»πππ πππ ππππ πππ πππ ππππ πππ πππππππππ ππ πππ ππππππ. The RBI will pay Rs 2.1 lakh crore as a dividend for FY 2024. This is the highest-ever surplus, last year it was Rs.87,416 crores. πΎπππ π ππ ππππ ππππ π π? Nifty was up 80 points immediately before the market closed. 10-year G-Sec yield fell below
Issue period is from 18th December to 22nd December 2023. Should you apply ? Our rationale is summarized in this short note. We believe SGB is one of the best ways to invest in Gold & here are our reasons to choose SGBs 100% Tax free on capital gains when held till
Indian economy to expand by 7% up against earlier projection of 6.5%. Please note that this is a conservative estimate. What are the factors? - Rising rural consumption - Increasing Government capital expenditures - Pick up in private capex - Rising capacity utilisation - Falling demand for MNREGA indicating
Bank index in the last 1yr has underperformed with 2.9% returns. However, the earnings have grown about 28% on a Y-o-Y basis until Oct 23. Are the returns justifying the trends which we are seeing in the Banking & Financial Services space? Points in favour 1. Β Β Macro: One of the
Warren Buffett sheds light on the invaluable insights he's garnered over 45 years of partnership with Charlie Munger. βThe world is full of foolish gamblers, and they will not do as well as the patient investor.β If a previously promising business starts sinking, he asserts the wisdom in abandoning ship:
A short note with some examples of poor stock performance. Asian Paints Bajaj Finance Dmart are some of the darlings of investors. Both retail and institutions. Many fund managers can keep going on and on about their growth prospects, management quality, value accretion and why they are a must in
Mr. Vijaypat Singhania, was once worth more than Rs.1,000 crores. Under his leadership, Raymonds grew to become the leading textile brand. He was called Textile King and Sheriff of Mumbai. He was also an avid aviator But this Padma Bhushan awardee was thrown out of his own office.
Bad US job reports = Good for Indian markets How? In the recently released US job market dat, Unemployment rate rose to 3.9%, But the stock markets were happy S&P 500 & Nasdaq rose Why did investors cheer bad jobs data? * Bad Jobs data means peopleβs ability to spend