The private equity and venture capital industry is batting for parity in terms of capital gains tax and holding periods between unlisted and listed securities. The listed shares are considered long term if held for more than 12 months. For unlisted shares this period is 24 months. Short term capital gains for listed shares are […]
Indian benchmark indices are likely to open on a mildly positive note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the green at the 17,629 level. In the previous session, Sensex closed in the red at 59,606, down 0.23% and the Nifty extended losses for a fifth session. “The equity market traded […]
Infosys shares were trading marginally higher on Friday at Rs 1,484 on NSE after the company reported a 13.4% rise in its consolidated net profit for the quarter ended December 2022 at Rs 6,586 crore on January 12. The company’s consolidated revenue from operations increased 20.2% to Rs 38,318 crore against Rs 31,867 crore in […]
Amid an ongoing operation to track down terrorists behind the ambush that left four soldiers dead in Poonch last week, Army Chief General Manoj Pande visited the ground zero on Monday and exhorted the commanders to conduct the operations in the “most professional manner”. The Chief of Army Staff (CoAS) also asked them to remain […]
By Rahul Shah Nifty saw a sell-off last week and was not able to move out of range 17650 on Nifty levels. Equity benchmarks logged their second-worst week in almost 10 months since the week ended February 26, 2021, dragged by broad based losses across sectors barring information technology. Sensex tanked by 1775 points or […]
Gold price fell Rs 80 to Rs 55,025 per 10 grams in the national capital on Thursday, according to HDFC Securities. The precious metal had closed at Rs 55,105 per 10 grams in the previous trade. “Spot gold prices in the Delhi markets traded at Rs 55,025 per 10 grams, down Rs 80 per 10 […]
ICICI Securities has given a buy call on Indraprastha Gas with a target price of Rs 540. Key takeaways: Kirit Parikh Committee recommendations are mostly positive: The recommendations to fix a first year price ceiling of US$6.5/ mmbtu is a material positive for gas costs, with an annual escalation of US$0.5/mmbtu, a manageable price increase […]
The stock exchanges are set to move to a shorter ‘trade-plus-one’ (T+1) settlement cycle from January 27. Future and options (F&O) stocks were to be transitioned to this regime in two phases, in December 2022 and January 2023. T+1 comes with its own benefits and issues. Ashley Coutinho takes a look at what this move […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian equity benchmark indices ended Monday’s volatile session in green. After falling over 1% intraday, Nifty and Sensex recovered losses and broke the 2-day losing streak. The Bank Nifty tanked over 1000 points during the day but managed to close in the positive territory. The […]
By Shrikant Chouhan The benchmark indices NSE Nifty 50 and BSE Sensex continued positive momentum on Tuesday. After a muted opening, the Nifty/Sensex slipped over 50/150 points, but one more time they took support near 17850/59850 and reversed sharply. Among sectors, PSU bank stocks outperformed, and the Nifty PSU Bank index rallied over 3 per […]