11-year data suggests bears control D-Street in October; can bulls make a comeback?

Money Control, Oct 2, 2019

Foreign institutional investors (FIIs) have bought Indian shares worth $1.04 billion in September, the highest monthly inflow since May, said a report. After a historic September, all eyes are on October, which has remained in the clutches of bears in at least six out of the last 11 years. The bulls had a stellar run…

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Bharat 22 ETF opens on 4 Oct: Should you invest?

LiveMint, Oct 2, 2019

• Bharat 22 ETF invests in the 22 companies that comprise the S&P BSE Bharat 22 index • The 3% discount on offer may be wiped out by a single day’s decline; then there are other costs to consider Topics Bharat 22 ETF The government is coming up with a fresh tranche of Bharat 22…

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Dalal Street investors gain over Rs 7 lakh crore within minutes of corporate tax rate cut

Business Today, Sep 23, 2019

FM’s announcements cheered the investors taking market capitalisation of BSE to 144.72 lakh crore from 138.54 lakh crore on Thursday, a gain of 5.28% or Rs 7.31 lakh crore within minutes Nirmala Sitharaman on Friday answered the long-standing demand of the corporate sector to reduce tax on domestic firms, pushing the stock market to the…

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Corporate tax cut: Uday Kotak, Kiran Mazumdar Shaw, Ajay Piramal, others welcome ‘bold move’

Business Today, Sep 20, 2019

Corporate tax cut: Kiran Mazumdar Shaw said that the move will revive growth and investment, while Uday Kotak called it a bold and progressive step forward. Finance Minister Nirmala Sitharaman on Friday announced that corporate tax rates will be cut for domestic firms and new domestic manufacturing companies. The FM announced that current corporate tax…

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