SEBI study warns against intra-day trading risks in equity cash as young traders rise
According to the findings, more than 70 per cent (seven out of 10) of individual intraday traders in the equity cash segment have incurred losses in FY2022-23.
According to the findings, more than 70 per cent (seven out of 10) of individual intraday traders in the equity cash segment have incurred losses in FY2022-23.
BSESENSEX gained 85.31 points or 0.11 per cent to close at 80,609.65 points. NIFTY gained 28.75 points or 0.12 per cent to close at 24,530.90 points.
The export of cars from India registered 18.6 per cent year-on-year (Y-o-Y) growth amid strong demand in key markets.
Indian equity markets gave stellar returns in the first six months of 2024.
Markets were open for four trading sessions in the previous week as there was a trading holiday on Monday.
Stocks of Reliance Industries nosedived 11 per cent in its worst single-day fall in at least 10 years as it fell to Rs 1,094.95 per share.
The Sensex of the BSE traded on 88.55 points or 0.22 per cent lower at 40,159.68 and Nifty traded at 11,865.65, down by 51.55 points
The government slashed the effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies.
Mr Partha Chatterjee, party secretary general and state parliamentary affairs minister said that the Union Budget presented by the Centre was one of a “faceless, baseless and actionless” budget.
This is the first full Budget of Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government after returning to power for the second time.
