The week saw the budget fine print causing havoc in the markets on the first two days. These were the tax on buyback and the higher surcharge on income above Rs 2 crs. FPI’s have got covered under this section and the same created heartburn and panic in the markets. While the markets did recover […]
Archive for the ‘General’ Category
Tax On Buyback And Additional Surcharge On FPI’s Hurting Markets
July 15th, 2019
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Performance of Newly Listed Shares as on 12th July
July 15th, 2019
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Name Date of Listing Issue Price Closing Price Closing Price % Gain Loss % Change Over 120719 050719 Over Week lssue Price HDFC Asset Management Co Ltd 6th August 1100.00 1947.15 1975.00 -2.53 77.01 Credit Access Grameen Limited 23rd August 422.00 488.80 517.35 -6.77 15.83 Ircon International Limited 28th September 475.00 396.35 407.95 -2.44 -16.56 […]
Budget to Prove Positive for Markets in the Medium Term
July 8th, 2019
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The week gone by consisted of two distinct phases with the first four days of trading forming the first half and Friday, the day that the budget was presented forming the second half. Markets gained on all four trading days of the first half including expiry of futures for June series. It fell on Friday […]
