We had a golden period from 2004 to 2018 wherein the capital gains were exempted from taxes. Arun Jaitley – Finance Minister(then), re-introduced long-term capital gains (LTCG) in 2018 to squeeze out additional revenues for the central government. LTCG was 10% then and is currently 12.5%. FIIs vs Indian retail investors Capital markets react inversly…
Nifty Analysis — Stance Neutral ➡️ Recap from yesterday: “For tomorrow, we wish to maintain the bullish stance, but the first test would be the ATH which would otherwise act as a triple top. The moment we get past that, I could remove the M pattern drawn for the period 05 to 12th April.” Nifty hit a…
Nifty Analysis — Stance Neutral ➡️ Recap from yesterday: “Today’s price action has confirmed that the channel is broken, but not the support/resistance of 21491. If Nifty trades above 21491 in the morning session — the bears may really feel abandoned. Ideally, the next stop should be 21041 — that was where Nifty bounced off from the trendline on 21st Dec…
