He proposes to repeal a currently allowed tax adjustment known as step up in basis. Currently, when people die with stocks, real estate and other assets that grew in value during their lifetimes, heirs who inherit those assets don't have to pay capital gains tax on any of the appreciation that occurred under the previous owner. The purchase price of the assets, which is used to determine capital gains tax liability, is adjusted -- "stepped up" -- to the current market value. No taxes are paid at death, and the eventual tax bill is much lower when the heirs finally sell the assets.
Wednesday, April 28, 2021
Volumes spurt at TVS Motor Company Ltd counter
TVS Motor Company Ltd registered volume of 7.65 lakh shares by 10:49 IST on BSE, a 15.08 fold spurt over two-week average daily volume of 50762 shares. The stock rose 14.16% to Rs.646.50. Volumes stood at 89797 shares in the last session.
Tuesday, April 27, 2021
Sunday, April 25, 2021
Stock Monitor
https://economictimes.indiatimes.com/markets -> Markets Dashboard -> Volume action
https://economictimes.indiatimes.com/marketstats/pid-11,pageno-1,sortby-Volumepercentagechange,sortorder-desc,service-volumeshocker,avgvolumeover-DAY_3,exchange-50.cms
Volumes spurt at Ingersoll-Rand (India) Ltd counter
Whirlpool of India Ltd, HFCL Ltd, Rallis India Ltd, Alkyl Amines Chemicals Ltd are among the other stocks to see a surge in volumes on NSE today, 23 April 2021.
Ingersoll-Rand (India) Ltd notched up volume of 4.72 lakh shares by 14:19 IST on NSE, a 30.08 fold spurt over two-week average daily volume of 15700 shares. The stock rose 5.07% to Rs.727.05. Volumes stood at 16147 shares in the last session.
Whirlpool of India Ltd witnessed volume of 6.4 lakh shares by 14:19 IST on NSE, a 7.04 times surge over two-week average daily volume of 91015 shares. The stock increased 2.06% to Rs.2,133.85. Volumes stood at 1.04 lakh shares in the last session.
HFCL Ltd registered volume of 175.49 lakh shares by 14:19 IST on NSE, a 5.34 fold spurt over two-week average daily volume of 32.85 lakh shares. The stock rose 15.08% to Rs.27.85. Volumes stood at 22.31 lakh shares in the last session.
Rallis India Ltd registered volume of 34.33 lakh shares by 14:19 IST on NSE, a 4.62 fold spurt over two-week average daily volume of 7.43 lakh shares. The stock rose 0.21% to Rs.282.20. Volumes stood at 20.28 lakh shares in the last session.
Alkyl Amines Chemicals Ltd saw volume of 1.66 lakh shares by 14:19 IST on NSE, a 4.57 fold spurt over two-week average daily volume of 36192 shares. The stock increased 4.95% to Rs.6,234.90. Volumes stood at 56173 shares in the last session.
Source: Capitalmarket.com
Orchid Pharma: The Script Hitting Upper Circuit!
Orchid Pharma was taken over by Dhanuka Laboratories after the proceedings of NCLT. Furthermore, Dhanuka Laboratories owns about 98.04% of the entire stake of the company.
This is a perfect instance of disparity of demand and supply. When there was a demand of 135,000 shares (buy orders), only a little to 83 shares were traded in the market (as of November 2020). This created a false image that the stock is highly demanded. When in reality, the supply was just less.
Saturday, April 24, 2021
Adani Stocks in 1 year
1Apr20 1Apr21 times
Adani total gas 80 1140 14
Adani Enterprises 150 1200 8
Adani Green energy 150 1250 8
Adani Transmission 200 1060 5
Adani Ports & SEZ 230 750 5
Adani Power 30 90 3
Friday, April 23, 2021
Thursday, April 22, 2021
Dollar x Bond = Gold
Yesterday American dollar dropped 600 points and gold did not benefit because the yields of the Devil's Bonds increased. Today, bond yields are lower, and gold has also not benefited because the dollar has strengthened. It is quite clear that the US Fed is manipulating the markets so that gold, which has become the Fed's only enemy, does not rise. He is now using his diabolical tools to stop the rise in gold, when the dollar falls, the US Federal Reserve immediately raises the interest on bond yields so that gold does not rise and vice versa when bond yields decrease, the US Federal Reserve raises the dollar's price immediately so that gold does not rise. Intellectual bankruptcy so that gold has become the enemy of the US federation is unjustified.
venezuela stock market recently lost 99%
venezuela stock market recently lost 99% of its value in one day. 2,500,000 to 3,200 . They halted the market then crashed it. longs lost everything, shorts made nothing !
make up a shopping list of companies you've always wanted to buy with a 95% discount, buy those companies when their PE's are below 10 and those $500/share companies without a PE become penny stocks scoop them up for pennies and you will be Thanos, lol, just pray the stock brokerages don't crash, the Government doesn't shut down the Stock Market trading for a month and Banks don't bail in to depositors accounts so you don't have the money to buy.
Tuesday, April 20, 2021
Saturday, April 17, 2021
Inflation
As an Argentine I understand this very well. I remember when I went to Turkey, people were almost the same mentality as in Argentina. Even the poor knew the US dollar or Euro price because people don't trust their savings into the local currency. And since they don't invest their earnings in the local economy but save it for a better future, in some cases abroad, the government has to print more money to cover the expenditures. Finally, shops owners inflate their prices even before the currency drops, as they expect that to happened so they can afford to pay the next supplies with the new prices. An endlessly vicious circle...
Friday, April 16, 2021
Thursday, April 15, 2021
Tuesday, April 13, 2021
Sunday, April 11, 2021
Saturday, April 10, 2021
Tuesday, April 6, 2021
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