by Green Portfolio Team | Jan 30, 2023 | Newsletters
Union Budget 2023-24: The Budget for the financial year 2023-24 will be presented after two days on February 1. The Budget is expected to announce relief to the middle class and different sectors of the economy. The Budget 2023 speech of Union finance minister Nirmala...
by Green Portfolio Team | Jan 30, 2023 | Newsletters
As asset management companies launch passive equity-linked savings schemes (ELSS), individual taxpayers will find them attractive because the costs will be lower which will add to the fund’s performance in the long run. One of the main attractions in ELSS is tax...
by Green Portfolio Team | Jan 27, 2023 | Newsletters
The Indian share market is going to fully shift to a shorter (T+1) trading cycle from Friday (January 27), making the country the first in the world to do so. As of now, the domestic equity market follows the T+2 settlement cycle, which means if you buy a share on...
by Green Portfolio Team | Jan 26, 2023 | Newsletters
T+1 settlement cycle: After inclusion of last set of 256 stocks on Friday this week, Indian stock market is going to become first in the world that will have T+1 settlement cycle for investors. So, from Friday, shares sold or bought would reflect in investors’...
by Green Portfolio Team | Jan 25, 2023 | Newsletters
Indian stock markets tumbled on the monthly derivative expiry day with Sensex tumbling over 800 points while Bank Nifty tanking 2.3%. The Nifty is also in danger of breaching its key support level of 17800. Nifty’s volatility index climbed as much as 10%....
by Green Portfolio Team | Jan 24, 2023 | Newsletters
The Indian stock exchanges will shift to a shorter and faster ‘trade-plus-one’ (T+1) settlement cycle from Friday, January 27. The move marks a significant milestone for the Indian equity market as shares of all large-cap and blue-chip companies are set to move to the...