Till now, a person (besides investing in listed stocks) could invest up to 10% in a foreign ‘holding’ or an unlisted investment company – often created by a group of HNI investors coming together. This investment vehicle in turn traded in financial derivatives and cryptos which are disallowed under the LRS.
ITC, HAL, UltraTech Cement among 37 stock picks from Sharekhan after Budget 2024
Following the Union Budget for 2024-25, brokerage firm Sharekhan has expressed optimism about several stocks across large, mid, and small-cap segments. According to its analysis,