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    Several budget proposals including the reintroduction of tax on long term capital gains(LTCG) exceeding Rs 1 lakh from sale of shares will kick in from April 1, the beginning of 2018-19 financial year. Besides, other tax proposals like reduced corporate tax of 25 per cent on businesses on turnover of up to Rs 250 crore and a standard deduction of Rs 40,000 in lieu of transport allowance and medical reimbursement will come into effect from Sunday. While the exemption limit on income from interest for senior citizens has been raised five times to Rs 50,000 per year, the limit of deduction for health insurance premium and medical expenditure has been raised to Rs 50,000 from Rs 30,000 under section 80D of the I-T Act. For senior and very senior citizens, the tax deduction for critical illness will be Rs 1 lakh from April 1, as against the existing limit of Rs 60,000 for senior citizens and Rs 80,000 for very senior citizens. In the last regular Budget of the p...

The listing of  ICICI Lombard General Insurance  and the reduction of their foreign partner FairFax Holdings' stake in the entity was a surprise announcement for the industry. However, in an annual letter to the shareholders, Fairfax Financial Holdings’ Chairman Prem Watsa said that they had to reduce their ownership due to regulatory norms. The insurance company was a joint venture between  ICICI Bank  and Fairfax. It is the largest private sector general insurer. Watsa explained in his letter that given, property and casualty insurance being the company’s core business, its optimism in the Indian growth story and the fructifying partnership ICICI Lombard, Fairfax increased its shareholding to 35 percent. This move was made immediately after the government allowing 49 percent of foreign ownership in the sector in 2015. However, he added that ICICI Lombard intended to open a new chapter in their journey, by going public. With this move, the promoter, ICICI Ba...

The good thing which is in favor of equity markets is that micros are looking good and the earrings trajectory is looking better, Dhiraj Relli, Managing Director & CEO, HDFC Securities said in an exclusive interview with Moneycontrol’s Kshitij Anand. Q) After a 10% rally in FY18, how is FY19 likely to pan out for investors? A) I feel that FY19 may actually pan out to be a better year than FY18. Why I say that because FY18 was a year of major events. We saw the implementation of GST, tariff war, global central banks started pruning their balance sheet which led to some reversal of liquidity. FY18 has given about 10 per cent kind of return considering Sensex or the Nifty. To that extent, the gains that we saw were largely led by liquidity and in between saw spikes. We also witnessed buoyancy in the primary market, more money flew in from domestic investors etc. But, keeping all that aside – we know that in the short term markets are driven by sentiments, in the midt...

Indian IT sector has managed to perform well in FY18 despite an expectation of subdued performance. According to our interactions and industry readings, the decision making seems to be improving and overall IT budgets are looking better for calendar year 2018, which indicates that in FY19 this sector is expected to perform well. This is corroborated with NASSCOM’s commentary while giving out guidance for FY19E. Buybacks seen in FY18 - FY18 saw majority of the companies tackling over capitalization by the way of buy backs, which has partially supported the stock price. This in case of Infosys provided support in midst of CEO stepping down, an event that sent the share price to low levels of ~Rs875. TCS, HCL Tech and Mindtree bought back 2.5%-3% of their outstanding shares, while Wipro and Infosys bought back ~8% and ~5% respectively. Mid-cap IT run up - Owing to higher earnings growth profile of mid-cap IT companies, the pack has seen P/E multiples expand and outperform larger pee...

नई दिल्ली.   बाजार में लगातार दो दिनों से जारी तेजी पर बुधवार को ब्रेक लग गया। ग्लोबल मार्केट से मिले निगेटिव संकेतों से बाजार की कमजोर शुरुआत हुई और यह कमजोरी कारोबार के अंत तक जारी रही। बैंक, मेटल, रियल्टी और एफएमसीजी शेयरों में बिकवाली के दबाव में सेंसेक्स 206 अंक गिरकर 32,969 अंक पर बंद हुआ। वहीं निफ्टी 70 अंक टूटकर 10,114 अंक पर बंद हुआ। आज के कारोबार में निफ्टी50 में शामिल 30 शेयरों में गिरावट रही। इससे पहले, सेंसेक्स 76 प्वाइंट्स गिरकर 33,098 अंक पर खुला था। वहीं निफ्टी की शुरुआत 41 अंक की कमजोरी के साथ 10,144 के स्तर पर हुई थी। मार्च एफएंडओ एक्सपायरी के दिन बाजार में कमजोरी देखने को मिली। जिससे कारोबार में निफ्टी 10,096.9 तक फिसला था जबकि सेंसेक्स 32,917.7 तक टूटा था।  दो दिन बंद रहेगा बाजार शेयर बाजार अगले दिन गुरूवार और शुक्रवार के महावीर जयंती और गुड्स प्राइडे के अवसर पर बंद रहेगा। 2 अप्रैल 2018 को बाजार में ट्रेडिंग शुरू होगी। वहीं 1 अप्रैल से शेयर से कमाई पर लॉन्ग टर्म कैपिटल गेन टैक्स 10 फीसदी लगेगा। मिडकैप, स्मॉलकैप शेयरों म...

Indian markets ended the last trading day of the week on a negative note and closed in line with global peers. Mid-cap stocks continued to underperform and lost ~1% in trade. Tracking the technicals, Nifty and Bank Nifty indices managed to end below their 200 D-EMA as market breadth ended in favor of declines with advance-decline ratio closing at 1:2x. Considering the open positions of all available expiry contracts (March+April+May), Nifty futures added fresh open interest to the tune of ~45 lakh shares. Tracking the Nifty Index Options, across the board short-selling was witnessed in major out-of-the-money call option strikes, with Nifty 10400CE shedding ~7.21 lakh shares in open positions. At-the-money and out-of-the-money Put option strikes saw a fresh build-up of long position, hinting at a negative start to the April F&O series. India Vix index ended the session 1.3% higher at 15.75. Nifty -71 points @10,114 Bank Nifty -171 points @24,263 Top 2 F&O G...

नई दिल्ली.   बैंकिंग शेयरों ने लगातार दूसरे शेयर बाजार को संभाला। सरकार द्वारा अगले फाइनेंशियल ईयर में कम उधार लेने की घोषणा किए जाने सरकारी बैंकों के शेयरों में तेजी आई। जिससे घरेलू शेयर बाजार लगातार दूसरे दिन बढ़त के साथ बंद हुए। सेंसेक्स 108 अंक चढ़कर 33,174 अंक पर बंद हुआ। वहीं निफ्टी 54 अंक की बढ़त के साथ 10,182 के स्तर पर बंद हुआ। आज के कारोबार में सभी सेक्टोरल इंडेक्स में तेजी रही।  इससे पहले ग्लोबल मार्केट से मिले पॉजिटिव संकेतों से मंगलवार को घरेलू शेयर बाजार शुरुआत बढ़त के साथ हुई। सेंसेक्स 107 अंक बढ़कर 33,173 अंक पर खुला। वहीं निफ्टी की शुरुआत 57 अंक की बढ़त के साथ 10,188 के स्तर पर हुई। हैवीवेट शेयरों में खरीददारी से सेंसेक्स में 300 अंकों से ज्यादा का उछाल आया, जबकि निफ्टी 10,200 के पार होने में कामयाब हुआ है। आज के कारोबार में सेंसेक्स 33371.04 के स्तर तक गया। वहीं निफ्टी ने 10,207.90 के स्तर को छुआ। निवेशकों ने कमाए 1.87 लाख करोड़ रु बाजार में तेजी से मंगलवार के कारोबार में निवेशकों ने 1.87 लाख करोड़ रुपए की कमाई की। सोमवार को बीएसई पर ल...

नई दिल्ली.   ग्लोबल मार्केट से मिले पॉजिटिव संकेतों से मंगलवार को घरेलू शेयर बाजार में बढ़त के साथ कारोबार हो रहा है। अमेरिका-चीन में ट्रेड वार टेंशन कम होने के संकेत से बाजार का माहौल सुधरा है। इससे बाजार में तेजी देखने को मिल रही है। हैवीवेट टीसीएस, एसबीआई, मारुति, एचयूएल, रिलायंस इंडस्ट्रीज, आईटीसी में बढ़त से सेंसेक्स में 200 अंकों से ज्यादा का उछाल आया है, जबकि निफ्टी 10,200 के पार होने में कामयाब हुआ है। वहीं एनएसई पर सभी सेक्टोरल इंडेक्स में तेजी से बाजार को सपोर्ट मिला है। फिलहाल सेंसेक्स 94 अंक की बढ़त के साथ 33,161 औऱ निफ्टी 34 अंक बढ़कर 10,165 के स्तर पर कारोबार कर रहा है। इससे पहले ग्लोबल मार्केट से मिले पॉजिटिव संकेतों से मंगलवार को घरेलू शेयर बाजार शुरुआत बढ़त के साथ हुई। सेंसेक्स 107 अंक बढ़कर 33,173 अंक पर खुला। वहीं निफ्टी की शुरुआत 57 अंक की बढ़त के साथ 10,188 के स्तर पर हुई।  बाजार में तेजी की वजह - मार्केट एक्सपर्ट सचिन सर्वदे के मुताबिक, बाजार में तेजी की वजह शॉर्टकवरिंग है। - अमेरिका और चीन के बीच ट्रेड वार टेंशन कम होने से ग्लोबल मार्केट ...

Equity benchmark indices made a positive start to the session with broad based gains, led by a surge in shares of public sector banks and metal companies, and supported by a positive trend across most global markets. However, caution ahead of expiry of the March derivatives series on Wednesday and a holiday-truncated week limited gains. At 10:19 AM, the  BSE  Sensex was trading at 33,174, up 107 points, while the  Nifty50  index was trading at 10,156, up 25 points. The BSE Midcap and the BSE Smallcap indices rose 1.23% and 1.56%, respectively. Bandhan Bank  stock opened at a premium of 29% at Rs 485 against its issue price of Rs 375 per share. The  Nifty PSU Bank index  rose over 1.5% with all constituents trading in green, as the government's plan to cut Apr-Sep borrowing through dated securities by nearly 23% from a year ago is seen cutting the banks' treasury losses. Shares of  Punj Lloyd  surged over 10% on Rs505cr order from the Natio...

The lure of big money has always thrown investors into the lap of stock markets. However, making money in equities is not easy. It not only requires oodles of patience and discipline, but also a great deal of research and a sound understanding of the market, among others. 1. Avoid the herd mentality 2. Take informed decision 3. Invest in business you understand 4. Don't try to time the market 5. Follow a disciplined investment approach 6. Do not let emotions cloud your judgement 7. Create a broad portfolio 8. Have realistic expectations 9. Invest only your surplus funds 10. Monitor rigorously Whats-app :  7771010963 Click Here For Free Trial :

Benchmark equity indices recovered in the afternoon trade led by HDFC twins, SBI, L&T, Yes Bank and Maruti. All sector gauges barring the Nifty IT index, other sectors were trading higher led by the Nifty PSU Bank index's 3.9% surge. Meanwhile, the Nifty Bank index also rose 1.6%. At 2:39 PM, the  BSE  Sensex was trading at 32,950, up 353 points, while the  Nifty50  index was trading at 10,085, up 87 points. The BSE Midcap and the BSE Smallcap indices up 0.74% and 0.58%, respectively. Adani Enterprises  stock zoomed 4% after the company said Talabira (Odisha) Mining Private Limited a subsidiary of the company, has signed Coal Mining Agreement (CMA) with NLC India along with the company for development and operation of Talabira II and III coal block. BHEL  stock rose 1% after it has won an order for setting up a 75 MW Solar Photovoltaic (SPV) power plant on engineering, procurement and construction (EPC) basis, in Gujarat. JSW Steel  gained 2% ...

Equity benchmark indices are trading flat after the massive corrections and downfall seen during the last week. Today’s gains were led by  SBI , HDFC twins, Yes Bank and ICICI Bank. At 12:31 PM, the  BSE  Sensex was trading at 32,675, up 78 points, while the  Nifty50  index was trading at 10,006, up mere eight points. The BSE Midcap and the BSE Smallcap indices down 0.04% and 0.15%, respectively. On BSE Sensex, Oil and Gas Sector continues its downward trend and is the biggest losing index in today’s trade due to the rise in global crude oil prices. The large-cap companies like GAIL, Hindustan Petroleum,  IOC  and BPCL have dragged the index down. Only Reliance is trading marginally in green in this index. IOC’s 743,000 shares have already been traded till mid-day. IT Sector has also slipped over 1% majorly contributed by two giants namely  Infosys  and Wipro. Infosys contributed 92 points while Wipro contributed 32 points out of the...