Indian stock markets smile on P-note clarification by Pranab

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The Bombay Stock Exchange's Sensex closed near intermediate resistance levels as investors cheered Finance Minister Pranab Mukherjee's clarification that there will be no tax liability P-Notes holders.

Following are highlights of Indian stock markets for today:

NSE Updates

Top Losers	Top Gainers	Most Active stocks
CAIRN	RANBAXY	ICICIBANK
JINDALSTEL	IDFC	SBIN
SUNPHARMA	TATASTEEL	AXISBANK
---	ICICIBANK	RELIANCE
---	KOTAKBANK	INFY

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BSE's SENSEX | NIFTY gains on P-notes rumors weigh

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Greetings from LiveBombayStockExchange, your one stop website for daily Indian Stock markets updates. Major Indian stock indices including Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY closed up today as investors took positive cues from finance ministry saying that only participatory notes, or P-Notes, which fail certain regulatory tests may be subject to taxation. Though these are unclaimed statements and said on anonymity by the officials, but looks strongly true.

Bombay Stock Exchange's SENSEX reacted positively and gained 204 points at 17,257.36 points. The broader index 50-share Nifty gained 58.90 points to close at 5,243.15 today.

Following are highlights from Indian stock markets for today:

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General - why Invest in Stock markets then other options of investments

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Stock markets investments are regarded as best investment options since it delivers better returns as compared to bonds. But these returns come on with a risk factor of stock market investments.

So here are major Advantages and Disadvantages of Investment in stock markets:

Returns on investment: Over time, stocks outperform bonds and real estate. Stocks on average return about 10% a year, whereas these other investments generally return at about 5-7%.


Save on Taxes: If you hold a stock for more than a year, your profits (when you choose to sell your stock) are taxed at long-term capital gains rate of 15% instead of your standard tax rate. Money you make from interest in a savings account or CD is taxed at your regular tax rate, which can be as high as 35%. Option of 

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Indian Union Finance budget 2012-13 highlights

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Following are highlights of Union finance budget 2012-13, Inflation would increase further with price of virtually everything rising. Pranab Mukherjee raised tax exemption slab by just 20000 per annum costing 4500 crore to govt but increasing service tax in order to get 45000 crores additional revenue...so does he think we are headless as govt??

So readers Do you like the budget 2012-13?? is it pass or fail from your side?? leave a comment for healthy discussion..

-Tax burden for individuals to come down: Income tax exemption limit raised from Rs 1,80,000 to Rs 2,00,000; 10% tax for 2-5 lakh income; 20% for 5-10 lakh and 30% beyond Rs 10 lakh; Savings bank account interest up to Rs 10,000 exempted from tax. -Many services and goods to cost more: No change in corporate tax rate, but standard rate of excise duty, as also service tax rates, raised from 10% to 12%; No change in peak customs duty of 10% on non-agri goods.

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SENSEX | NIFTY nosedive in red down 1.5 percent

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Greetings from LiveBombayStockExchange, Your one stop website for daily updates about Indian stock markets and more..

Benchmark Indian stock indices including Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY closed down by over 1 percent today as investors got dissappointed on RBI decision to keep interest rate unchanged. almost all the sectoral indices like realty, banks and capital goods declined and only IT index remained in green.

NSE's Nifty ended at 5382.85, down 81.05 points. The broader index touched a high of 5462.50 in daytrade today. The Bombay Stock Exchange's Sensex closed at 17682.14, down 237.16 points. It touched intraday low of 17622.13 today.

Indian Stock markets analysis report for today is as follows:

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Indian Stock markets today's analysis and report

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Greetings from LiveBombayStockExchange, your one stop website for all about Indian Stock market analysis and daily stock markets updates.

Benchmark stock indices including Bombay Stock Exchange's most watched SENSEX and National Stock Exchange's NIFTY remained in green today as positive global cues helped.

NSE Nifty closed at 5466.55, up 37.05 points. The broader index touched a high of 5499.40 during daytrade today. The Bombay Stock Exchange's Sensex ended at 17919.30, up 105.68. The 30 component index touched low of 17837.22 during intraday trading today.

Indian Stock market highlights for today are as follows:

NSE Updates

Top Losers	Top Gainers	Most Active stocks
TCS	PNB	SBIN
JPASSO	AXISBANK	ICICIBANK
TATASTEEL	ICICIBANK	TCS
WIPRO	L&T	INFY
RCOM	NTPC	HDFC

BSE Updates

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