CBDT ready to address queries on Mauritius DTAA update
The clarification follows concerns by tax experts over the agreement opening past investments to scrutiny from tax authorities at the time of exit following the protocol, which was inked on March 7. A key concern expressed by experts is about reopening of past cases in view of the amended provision.
Gopal Snacks among 5 top smallcap buys of MFs in March
Smallcap funds saw outflows in March for the first time in 31 months, suggesting a possibility of lump sum withdrawals by investors amidst Sebi and fund houses’ efforts to curb inflows. Amid this backdrop, these stocks managed to lure investors and were among the top buys from smallcap space. (Data Inputs: Nuvama Wealth)
U-turn! 81% smallcap mutual funds underperform their benchmarks in 2024 so far
Around 81% of smallcap mutual funds have underperformed their benchmarks in 2024. Only five out of 27 schemes managed to outperform. The smallcap space faces challenges due to overvaluation and regulatory pressures, impacting investor decisions and fund performances.
Tech View: Nifty forms Doji candle on weekly charts. What should traders do next week
Nifty 50 is in the process of retracing the rise it has witnessed from 22,710 to 22,776. The next crucial support level is 22,370. On the upside, 22,620–22,650 shall act as an immediate hurdle from a short-term perspective, said Jatin Gedia of Sharekhan.
Zerodha Co-founder Nikhil Kamath alerts investors about fake post claiming stocks ‘handpicked’ by him
Zerodha Co-Founder Nikhil Kamath has alerted investors about not being part of any WhatsApp group that gives stock recommendations.
With 13% returns in 2024 so far, gold bulls leave Sensex behind by miles
Gold outperforms S&P BSE Sensex in 2024 with 13% YTD returns. Top stocks with superior performance to gold include Tata Motors, Sun Pharmaceuticals, Maruti Suzuki, Mahindra & Mahindra, State Bank of India, Tata Steel, Power Grid Corporation, NTPC, Bharti Airtel, and Reliance Industries.
Top 10 stocks to buy before Sensex grows from 75,000 to 1 lakh
Sensex anticipates 1 lakh in 5 years, projected at 1.5 lakh by 2029. Market surge backed by diverse investors. Various stock upgrades and predictions indicate promising growth potential in the market.
IT earnings may show worst is over for showpiece sector; all eyes on TCS today
Banks spending more on technology to meet regulatory mandates, companies upgrading SAP systems and a broader increase in technology spending after US elections due in November are some of the factors that have raised demand recovery prospects for India’s $245 billion-plus IT services sector next year.
What to expect from TCS Q4 earnings? Sandip Sabharwal answers
So, even a small amount of slippage in expectations can lead to a sell-off. So, I would think that the stock is more than fairly valued at this price. I would believe that the valuations are on the higher side at 196 levels.
Gold Price Today: Yellow metal breaks above Rs 72,000/10 grams mark, silver hits Rs 84,000/kg for first time
Gold prices hit new highs driven by US PPI data, with MCX June gold futures at Rs 72,678. Silver also rose, influenced by the DXY. Prices surged in April, with significant gains YTD.