Articles

It is that time when you are nudged to start something new. The festive season brings auspicious moments that you hope will benefit you in the future. If you are into investing, you probably know about Muhurat Trading. During Diwali, traders and investors worship their account books and execute trades to make a new beginning. Stock exchanges open for trade in the evening for Laxmi Puja during Diwali. Goddess Laxmi is the deity for wealth and prosperity for Hindus. It is also the start of the new financial year in the Hindu calendar and is considered auspicious. 

Historically Q4 returns for Nifty has been positive, Results to drive stock specific moves

Indian equity benchmarks snapped three week losing streak. Midcaps outperformed with gains of ~2% for the week

Globally, the epic centre of the recent sharp fall in equity markets including India is the global bond market. During the week, U.S. 10-year bond yield crossed 4.0% mark for the first time in 12 years reacting to previous week’s rate hike and hawkish commentary by U.S. Federal Reserve. Rising expectations of higher terminal rate in U.S. from less than 4.0% to 4.5-4.75% in last one week has led to current further sell-off in bonds. 

A long-term capital gain refers to the profit earned from the sale of an investment held for more than a specified period. For equity investments, this period is 12 months. These gains are subject to capital gain tax. In addition to that, there is a surcharge payable depending on the income.

Margin of Safety (MOS) has major relevance and application for investors and companies. Using MOS, an investor purchases securities only when their market price is drastically lower than their intrinsic value. The margin of safety formula is used to calculate the difference between a stock’s intrinsic value and its market price.