A speculative income is defined as a transaction, which is not based on any delivery of the commodity, be it shares or others. For instance, equity intraday income is considered as speculative income as traders buy and sell the stock on the same day and there is no delivery to the demat account.
Suzlon shares dip 4% on NSE, BSE’s warning letter for non-compliance
Shares of Suzlon Energy fell 4% to a low of Rs 76.35 on the BSE following advisory letters from NSE and BSE. The letters were