Showing posts with the label stock

FII and DII Trading activity – January 2020

FII and DII Trading activity – January 2020 The Chinese Stock Market - Shanghai Composite Index fell more than 7 Percent in the first trading day, after the Lunar Festival holidays. Due to the Corona Virus, the Crude prices were also fell down below $USD 50 per barrel in the beginning of this week. India's Budget for FY 2020-21 was announced last Saturday (01-02-2020). The Budget for India set out long term goals and appropriate Funding to boost the Economy.  However there is no change in the LTCG (Long term capital gains) and introduced a New Tax Regime (Optional) for the Personal Income Tax. The Dividend Distribution Tax Changes and other Taxation is not favorable to the Indian Stock Market on that Budget day. Importantly, on the Budget India 2020 day - the Foreign institutional investors had sold shares worth Rs. 2000 Crore and on the other side, the Domestic institutional investors bought shares of worth Rs. 37 Crore in the Indian Equity Market. Unexpectedly, the Post Budget ma