Of the 30 index shares, 26 close in the red At a time when global markets are witnessing high volatility due to geopolitical uncertainties, the increase in securities transaction tax (STT) on derivatives trading has adversely affected investor sentiment on Dalal Street on Budget Day. This in turn led to a sharp sell-off, causing the […]
The net worth of most of India’s richest individual investors fell in the July-September quarter as market declines eroded the values of several portfolios. Benchmark Nifty ended 2.9% and 1.4% lower in July and August, but recovered 0.8% in September. The Nifty Midcap 150 and Smallcap 250 indices fell 4.3% and 6.2% respectively between July […]