A stock market âcorrectionâ implies a sobering up of investors after a heady uprun in prices that overshot its rational limits. The slump in Indian indices over the past five months, a long slide unseen since 1996, has not been as deep as what we saw after crashes triggered by the Westâs financial crisis of…
First introduced in 2004, STT is levied on transactions involving listed securities on stock exchanges and on units of equity mutual funds (MFs) being redeemed. Itâs a part of the income tax earned by the Union government. In 2018-19, it formed around 2.4% of the income tax collected. In 2024-25 and 2025-26, itâs expected to…
Recently, a two-wheeler dealership with a few dozen employees was in the news for an initial public offer (IPO) that attracted 400 times the money it sought to raise. This subscription rush highlighted the casino-like appeal of IPOs that seems to have taken retail investors in its thrall. Now, a study by the Securities and…
In comparison, at the end of March 2020, that count was 31 million. This jumped to 40 million as of March 2021, 59.4 million as of March 2022, 72.7 million as of March 2023 and 91.6 million as of March 2024 before reaching 100 million. While not all unique registered investors are individuals, such a…
Sebi first released rules for RAs in 2014. The idea was to create a framework through which individuals and entities could provide research and advisory services to the masses. As internet connectivity improved, many began to offer these services online. Now, Sebi has said that anyone who earns money â directly or indirectly â from…
Retail investors, through the mutual fund route, are yet again absorbing the selling by foreign institutional investors (FIIs) post the budget, which is being reflected by a decline in fear gauge India VIX to a three-month low on Wednesday after wild intraday swings. FIIs have sold shares worth almost âš6,700 crore in the past two…
