Capital gains tax, especially on short term shares sold within 12-month period, which is currently at 15% may be trimmed in the new budget by Finance Minister Arun Jaitley, going by immense hue and cry in the market circles. However, the silent killer may be the removal of the exemption given to shares held for more than 12 months, which is ...
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Sensex plunges 573 points; auto stocks drop dramatically
Sensex, the benchmark index of Indian equities markets on Tuesday plunged 573 points or 1.52 percent as auto stocks plummeted sustaining heavy losses due to negative global cues. All the sectors were trading in red. Heavy selling pressure was seen in auto, banking, capital goods, healthcare, IT, metal, oil and gas and consumer durables sectors. The 30-scrip Sensitive Index (Sensex) ...
Read More »Sensex up 47 points; banking stocks gain
A benchmark index of Indian equities markets Wednesday was trading 46.71 points or 0.17 percent as banking stocks gained. Good buying was observed in banking and fast moving consumer goods (FMCG) sectors, while marginal selling pressure was seen in IT sector. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,530.26 points, was trading ...
Read More »Sensex Surges at 124 points riding on auto sector gains
Sensex, the benchmark index of Indian equities markets on Wednesday was trading 124.06 points or 0.46 percent up as auto stocks gained and all the sectors were trading in green and the rally was led by auto, capital goods, IT and healthcare sectors. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,017.44 points, ...
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