Bank Nifty weak in short-medium term, Nifty support at 17000; Use PUT Spread strategy for this F&O expiry week

By Rajesh Palviya On the weekly chart, the NSE Nifty 50 index has formed a Doji candlestick formation indicating indecisiveness amongst market participants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above 17500 level it would witness buying which would lead the index towards 17800-18000 levels. However if index breaks […]

Debt mutual funds to lose LTCG benefit: Should you still invest? Should you rush before financial year ends?

A proposed government amendment seeking to remove Long Term Capital Gains Tax benefit from debt mutual funds, gold funds, international fund of funds, etc will prompt debt investors to now weigh their decisions entirely based on gross return and merit, instead of tax arbitrage. The government has reportedly introduced an amendment in the Financial Bill […]

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