Experts Financial News

Scammers look for ways to trick people into giving them money year-round, but tax season can be particularly fraught

Penny stock below ₹5: Shares of Gala Global Products Ltd (GGPL) are one of the circuit-to-circuit stocks in the Indian stock market. The small-cap stock has been hitting new 52-week lows for the last few days. However, the micro-cap stock with a market cap of ₹16.81 crore is news today for a bulk deal executed on the first trade session of the new financial year 2024-25.

My PPF corpus of about Rs 30 lakh matures on 31 March. I can continue the account for five years and withdraw every year an amount equivalent to the annual interest earned, or I can invest Rs 15 lakh each in two Senior Citizens’ Savings accounts for me and my spouse. My income tax slab is 20%. Which option is better? Amit Maheshwari, Partner, AKM Global: A PPF account matures after 15 years from the end of the financial year in which it is opened.

The Nifty future closed positive with gains of 0.54% at 22,610 levels on Monday. India VIX was down by 5.84% from 12.83 to 12.08 levels.

Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, started Tuesday's trading mostly down but subsequently gained back some of their initial losses. The 30-share BSE Sensex opened lower by 145.74 points or 0.20% at 74,022.30 level while the Nifty 50 opened at 22,458.80 level, down 23.20 points or 0.10%. A bull market is defined by its capacity to reach new highs, according to Dr.

Intraday trading stocks for today: Following the bull trend in the global market, the Indian stock market ended higher on Monday for the third straight session. Out of three frontline indices, the Nifty 50 and the BSE Sensex hit a new lifetime high that further cemented the bulls' control over the bears. However, the broad market outshined the key benchmark index as the small-cap index shot up nearly 3 percent and the mid-cap index gained to the tune of 1.64 percent.

Buy or sell stocks: Following positive global cues on US Fed rate cut buzz, the Indian stock market ended higher for the third straight session on Monday. The Nifty 50 index gained 135 points and closed at the 22,462 level, and the BSE Sensex shot up 363 points and regained the 74,000 level. After regaining the psychological 74,000 levels, the 30-stock index went on to touch a new lifetime high of 74,254.62 mark.

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₹111 to ₹119 per share. Investors can bid for a minimum of 1200 shares and in multiples thereof. The minimum amount of investment required by retail investors is ₹142,800.

₹5000 crores on the purchase of 24 lakh VVPATs, but VVPAT slips of only 20,000 VVPATs are verified (approx) "Given that many questions are being raised by experts with regard to VVPATs and EVMs and the fact that large number of discrepancies between EVM and VVPAT vote count have been reported in the past, it is imperative that all VVPATs slips are counted and the voter is given an opportunity to properly verify that his vote as cast in the ballot is also counted by allowing him to physically drop his/her VVPAT slip on the ballot box," the plea added.Milestone Alert! Livemint tops charts as the fastest growing news website in the world

The general take on India’s rapid economic growth is that it’s powered by the government’s capex push. But a recent report questions this narrative, saying it underestimates the role of consumption. Mint unpacks the investment versus consumption debate.

The impact of the Francis Scott Key Bridge disaster in Baltimore is «hard to comprehend» when it comes to the local economy and governments, according to tax revenue expert and CEO Niko Spyridonos.

₹70,000 crore, equivalent to $8.4 billion, in FY25. Moreover, 19 companies have already secured the Securities and Exchange Board of India (SEBI) approval to raise a substantial ₹25,000 crore. Bharti Hexacom, Go Digit Insurance, Swiggy, Ola Electric, Waaree Energies and Brainbees Solutions are some of the most awaited IPOs in FY25.

Arvind Kejriwal to run the government from jail. He said, "All the rules have to be broken for it". His statement came after Kejriwal was taken to Delhi's Tihar Jail following a city court's order sending him to judicial custody till April 15.

Indian Hotels Company , EIH Ltd , Lemon Tree Hotels, Chalet Hotels share price have risen 70%-189% in last one year. The same has been helped by continuing upcycle as Revenue per available room (RevPAR) have improved regularly in the back of rising occupancy and improvement in average room rates (ARR). The outlook remains strong and share prices of EIH, Lemont Tree Indina Hotels, Chalet Hotels rose up to 5.7% on Monday The analysts and experts expect the earnings growth trend to continue.

BSE Midcap index rose 1.64 per cent while the Smallcap index jumped 2.98 per cent. The overall market capitalisation (mcap) of BSE-listed firms rose to nearly ₹393.2 lakh crore from nearly ₹387 lakh crore in the previous session, making investors richer by nearly ₹6.2 lakh crore in a single session. Nearly 170 stocks, including Larsen & Toubro, Tata Steel, Adani Ports, DLF, Ambuja Cements, IndiGo, ICICI Prudential Life Insurance Company and Grasim Industries, hit their fresh 52-week highs in intraday trade on BSE.

Stock market today: Dixon Technologies shares have been in uptrend for nearly one year. In this time, Dixon Technologies share price has risen from around ₹2,893 to ₹7,626.90 apiece level on NSE, logging around 160 percent rally in this time. So, this electronic manufacturing services company share is one of the multibagger stocks in India.

Read here: Tata Motors vs M&M: Which auto major should you pick for the long term? The Nifty Auto index has surged 75 percent in the last 1 year and almost 16 percent in 2024 YTD. In comparison, the benchmark Nifty has advanced over 29 percent in the last 1 year and 3.5 percent in 2024 YTD. The auto index rose 5 percent in March, extending gains for the 5th straight month since November 2023.

Adani Total Gas share price jumped as much as 8 per cent in intraday trade on BSE on Monday, April 1, after the company announced it started production at Barsana Biogas Project. Adani Total Gas share price opened at ₹947 against its previous close of ₹925.45 and jumped 8 per cent to hit its intraday high level of ₹1000 in trade so far.

SRF, part of the specialty chemical space, remained rangebound for the past 1 year but recent momentum helped the stock to break out from a 9-month consolidation on the weekly charts. Short-term traders can look to buy the stock now for a possible target of Rs 2,900-3,000 in the next 3-4 weeks, suggest experts.

hydroelectricity output fell at the steepest pace in at least 38 years during the year ended March 31, a Reuters analysis of government data showed, as erratic rainfall forced further dependence on coal-fired power amid higher demand. The 16.3% drop in generation from the country's biggest clean energy source coincided with the share of renewables in power generation sliding for the first time since Prime Minister Narendra Modi made commitments to boost solar and wind capacity at the United Nations climate talks at Paris in 2015. Renewables accounted for 11.7% of India's power output in the year that ended in March, down from 11.8% a year earlier, a Reuters analysis of daily load despatch data from the federal grid regulator Grid-India showed.