NIFTY 50 (^NSEI)
- Investing.com
India hikes taxes on futures and options trading gains
Investing.com -- India's Finance Minister, Nirmala Sitharaman, on Tuesday announced a significant hike in the Securities Transaction Tax (STT), increasing it from 0.01% to 0.02%.This doubling of the tax rate will have a substantial impact on Futures and Options (F&O) traders, who will now face a considerably higher tax burden on their trades.The market reacted sharply to this news on July 23, with benchmark indices Sensex and Nifty dropping by over 1% each in the afternoon. Despite the initial p
- Yahoo Finance UK
How to invest in the Indian stock market
India’s stock market capitalisation topped $4.3tn to overtake Hong Kong as the world’s fourth-largest market.
- Investing.com
RBI keeps interest rates steady, hikes GDP outlook
Investing.com-- The Reserve Bank of India kept interest rates unchanged as expected on Friday, but slightly hiked its annual growth forecast for the Indian economy amid persistent strength in consumption.
