The recovery seen in the Indian stock markets on Thursday, analysts said, was more on account of value buying at lower levels, but advise investors stay cautious. Markets recovered partially from the near 1,700-point fall (Sensex) on Wednesday with the 30-share index rising around 700-points intraday on Thursday. The volatility in the last two…
The Sensex ended 791 points, or 1.04%, higher at 76,991.22, while the Nifty 50 settled at 24,021.65, up 198 points, or 0.83%. The Nifty Midcap 100 and Smallcap 100 indices rose by 0.10% and 0.39%, respectively. Stock market today: The Indian stock market witnessed solid buying interest on Wednesday, 24 June, with frontline equity…
Foreign investors are subject to a 12.5% LTCG gains tax on listed shares and bonds held for more than 12 months, and a 20% withholding tax on interest earned from govt bonds The Centre said on Friday that it would exempt foreign institutional investors and the Bank for International Settlements from capital gains tax…