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…
Have you heard of the term “model portfolio” before? I am quite sure 90% of investors would not have heard this, as most of them are Do-It-Yourself type of investors. The real reason most of the investors would not have heard about “model portfolio” may be because they would not have met a professional investment…
Exactly one year back, I started a small case of 30 stocks. The dream — just one, to spot multibaggers. For the uninitiated, multibaggers are stocks that go up multifold, at least 10 times. So if a stock is priced at 100 now, it should be priced at 1000 within a period. A conservative investor would want…
“According to SEBI, only 5% of the Indian population has ventured into the stock market, compared to significantly higher rates in countries like the United States (55%), the United Kingdom (33%), and China (13%). On the other hand, data from the Reserve Bank of India (RBI) indicates that a staggering 95% of Indian households have…
Nifty Analysis — Stance Bullish⬆️ Recap from yesterday: “For Monday, we will go short if 22295 is taken out and will go long if 22519 is taken out.” Nifty started with a gap-up, then came down to close the gap. Once we hit the previous close level, magically Nifty50 got real strength and then started climbing. Nifty…
Nifty Monthly Analysis In the Aug monthly series, Nifty is down 387pts ~ 1.97%. This month did not produce a reversal signal even though there were 2 attempts on 24th & 30th respectively. As it stands Nifty is following a bearish trend channel quite efficiently. My next support comes at 18880, so if the fall…
I became a believer today, amazing outperformance by our stock market indices, Nifty50 hits a new all time high of 19512.2 (conquering the 19500 level for the first time). At 19350 levels I had an interim top call & the market has proven me wrong (yet again). Today’s super surge is nothing short of extra…
Quite an unexpected turn of events. On 23rd Dec we thought there could be a slight option for a short covering rally — read here — but i never thought the short covering will turn into a bear rally breaker. 2.31% intraday rally on a weak market — quite impossible to comprehend. BN started the day at the support level and…
