By Siddhant Mishra The markets cheered the Budget announcement of not to tinker with capital gains tax, but a proposal to tax income from market-linked debentures (MLDs) as short-term capital gains has come as a rude shock. MLDs differ from regular non-convertible debentures or NCDs, which come with regular interest payouts, as investors get their […]
By Dharmesh Shah Equity benchmarks edged last week higher amid volatile global cues. The Nifty ended the week at 15752, up 0.3%. The broader market performed in tandem with the benchmark as Nifty midcap, small cap gained 0.5% and 1%, respectively over the week. Sectorally, FMCG, metal, IT, realty extended pullback while financials relatively underperformed […]
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