The Indian stock market indices, Sensex and Nifty 50, traded flat on Tuesday amid mixed global market cues. Gains in IT, FMCG and PSU banking stocks were countered by selling in metals, Oil & Gas and realty stocks. The benchmark Sensex was up 109.5 points, or 0.13%, at 83,386.70, while the Nifty 50 traded 4.05…
SEBI New Rule, Futures and Options Trading: SEBI has decided to eliminate the calendar spread margin benefit on expiry day in single-stock derivatives… highlights An important change has emerged for those doing derivative trading in the Indian stock market. This will have a direct impact on retail investors. Now more than ever, one has to…
STT on Futures and Options Trading: Governments impose heavy taxes on cigarettes, so that people smoke less, and those who do, get revenue for the government… highlights In India, governments have been directing the behavior patterns of the society through taxes for a long time. Cigarettes are a big example of this. Despite being harmful…
The latest data from SEBI suggests that retail investors are losing $12 billion a year in futures and options trading, said Saurabh Mukherjea, Founder of Marcellus Investment Managers. “Typically, the person losing this money is a 30–40-year-old male from small-town India, and the average such investor is losing about 1 lakh annually,” added Mukherjea. Those…
