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Market News

Location American Market News for 2 October 2021
Can I avail tax rebate under Section 87A for long term capital gains on listed shares? Equity shares of companies listed on the Indian Stock exchange are treated as long term capital assets if the same is sold/transferred after having held for more than one year
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Market Is Right to Be Spooked by Rising Bond Yields

Wall Street Journal - 2 Oct 2021 14:00
If the sharp rise in yields since the Federal Reserve meeting last week is the start of a rising trend, then shares are in trouble.
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What Technical Levels Should Traders Watch After Bitcoin's Latest Rally? Bitcoin prices rose more than 10% today, climbing from close to $43,000 to nearly $48,500. What key levels of support and resistance should traders watch out for after this latest upward movement?
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A consortium led by U.S. buyout firm Clayton, Dubilier & Rice is set to win the bidding war for U.K. grocery chain Wm Morrison Supermarkets, an almost $9.4 billion bet that highlights the extreme lengths private-equity f...
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U.S. regulators gear up for a three-year countdown that will force many Chinese companies to leave American stock exchanges, after a long impasse between Washington and Beijing over access to the companies' audit records...
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Bull Markets Usually Don't End With a Bang

Wall Street Journal - 2 Oct 2021 11:30
The implication: Stock investors shouldn't try to pick a specific time when it makes sense to get out of the market.
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My Favorite Play On 5G Yields 6.4% (And Is 10% Off) Let's dive into a brand-new CEF many people are ignoring.
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The Fed Turns Hawkish; Ill-Timed As The Economy Begins Its Fade In the U.S., the Q4 outlook for consumption has dimmed. And the world's second largest economy, China, has already shown significant growth recession and outright contraction in some heavy industries.
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Should Investors Create Their Own Target-Date Fund?

Wall Street Journal - 2 Oct 2021 18:00
Do-it-yourself investors, especially younger ones, can save money by re-creating their own target-date fund, a professor finds
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Facebook's Trials Aren't Everyone's Tribulations

Wall Street Journal - 2 Oct 2021 16:00
Facebook appears to be particularly damaging to teens, even compared with other social networks. That could benefit its rivals.
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Investing in Reits? These are the things you should be cautious about During the pandemic, many commercial offices were vacated, office space were reduced. Due to this, rental income took a hit.One should invest in Reits through index funds or a small portion of a mutual fund
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Switch out of mutual funds which show sustained underperformance In ELSS, the fund should have a minimum of 80% in equity whereas in other equity diversified funds this limit is up to 65%
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Tax benefits claimed on home loans get reversed if house sold in five years One can claim a deduction for repayment of a home loan taken from specified entities for acquiring a residential house up to ₹1.50 lakh every year
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Tax liability in case of income from assets after death without a Will In case a person dies without leaving any valid Will, in respect of the assets owned by him, he is said to have died intestate to that extent
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Systematic Withdrawal Plan from equity MFs not recommended When you switch from equity mutual fund schemes to debt mutual fund schemes, you should take care of your long-term capital gain tax liability and ensure that you pay the tax
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Aadhaar update, enrollment update to become more easy. Check UIDAI announcement The UIDAI has opened 55 Aadhaaar Seva Kendras as part of its plan to open 166 stand-alone Aadhaar enrollment and update centres in 122 cities across India
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Muthoot Fincorp Rs400 crore NCD issue offers up to 10.2% interest The NCD has a face value of ₹1,000 with a minimum application size of ₹10,000, and in multiples of one NCD, thereafter
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Mutual fund calculator: ₹2100 monthly SIP can help you get ₹1 lakh pension Mutual fund calculator: One would need ₹1.35 crore amount for SWP to get ₹1 lakh monthly income post-retirement for next 25 years, experts believe
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Digital gold: Where to buy? Features and disadvantages explained With rising online purchases more people are exploring the option of buying digital gold via the internet
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Facebook, Warby Parker, Merck: Stocks That Defined the Week

Wall Street Journal - 2 Oct 2021 01:26
Here are seven major companies whose stocks moved on the week's news.
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