Indian oil refiners are on track to take the most American crude in almost a year after tighter enforcement of US sanctions crimped trade with Russia and forced processors to look elsewhere for supply. State-owned Bharat Petroleum Corp. and Indian Oil Corp., along with top private refiner Reliance Industries Ltd., have purchased about 7 million … Read more
The ability to transfer shares between demat accounts offers shareholders greater flexibility, efficiency, and control over their investments. Whether for consolidation purposes, ownership changes, or portfolio management needs, leveraging this functionality can streamline the process of managing and monitoring shares effectively. Advantages Transferring shares between demat accounts offers several advantages: Consolidation of Shares: By transferring … Read more
However, the long-term outlook of the market remains positive as India is expected to witness strong economic growth in the coming financial year as well. Also Read: Indian stock market remains attractive, say experts, suggest stocks to buy for long term Recently Fitch Ratings has raised its forecast for India’s economic growth to 7 per … Read more
This article seeks to demystify the intricacies of Power of Attorney (PoA), exploring its various types, precautions to take, and more. Whether you’re a seasoned investor or a newcomer to the stock market, this guide aims to provide you with the insights needed to make informed decisions. First let’s understand, what is a Power of … Read more
Q. I am Ranjan. I want to harvest tax loss for my investments. How does tax-loss harvesting work? How can it help minimise my tax outgo? What are the risks? Tax-loss harvesting is a strategy used to minimise tax liability by selling investments that have declined or are declining in value. When an investment is … Read more
There are definite data points and trends that investors can look at to chart out their equity map during India’s moves in the elections. “Irrespective of election outcome, markets have delivered double digit returns during the election year,” says Feroze Azeez, Deputy CEO, Anand Rathi Wealth. View Full Image Nifty Before and After Lok Sabha … Read more
New Delhi: The central government plans to borrow a gross ₹14.13 trillion from the bond markets in 2024-25 to finance its fiscal deficit, according to the interim budget for FY25 presented in parliament on Thursday. The government, which reiterated its commitment to a continued fiscal consolidation, has set a fiscal deficit target of 5.1% of … Read more
‘Don’t put all your eggs in one basket’, once said a wise man. In the dynamic landscape of financial markets, constructing a robust investment portfolio is crucial for achieving long-term financial goals. One strategy that is gaining prominence is the adoption of a multi-asset portfolio. This approach involves diversifying investments across various asset classes, offering … Read more
Adani Group stocks have witnessed significant investor interest in recent months, evident from notable surge in the share values. The group’s decent performance in the third quarter has further bolstered the group stocks to trade at higher levels. Most of the group’s stocks have made a robust recovery since the release of a critical report … Read more