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Market veterans expect volatility to settle and caution investors not to rush in to buy any likely dip. Mutual fund investors, though, can continue their investments as before. Long term, the market's prospects are seen intact. Continue Reading »
V L Infraprojects IPO subscriptions open from July 23 to July 25 at ₹39-42 per share. Focuses on water infrastructure projects in Karnataka, Telangana, and Madhya Pradesh. V L Infraprojects IPO oversubscribed at 62.22 times on day 1. Retail portion subscribed 106.07 times. Continue Reading »
Railway stocks decline post limited focus on the sector in Union Budget 2024-2025. Ircon International shares fell 8%, while other stocks saw decline between 3.3% and 6.2%. Despite the downturn, stocks are up by over 100% in the last year. Continue Reading »
Budget 2024: Sitharaman announced that short-term capital gains on specified financial assets will henceforth attract a tax rate of 20 per cent instead of 15 per cent. Continue Reading »
Budget 2024 introduces higher capital gains taxes, impacting market sentiment negatively in the short term. Despite challenges, positives include reduced fiscal deficit and focus on welfare schemes supporting the rural economy. Continue Reading »
In the interim budget in February, finance minister Nirmala Sitharaman allocated ₹24.4 billion to the tourism sector, a 44.7% increase from the previous financial year. Continue Reading »
Stocks to buy after Budget 2024: SS WealthStreet recommends buying nine stocks, which include Ramco Cement, Rajesh Exports, NCC, Tata Consumer, and SBI Card Continue Reading »