In a volatile stock market, you may not expect maximum returns but even minimum is good news for you. How do you go about gaining even the minimum in a situation where panicky prevails most of the time. Cautious and wise investing decisions always pay. When we speak about cautious and judicious investment, we mean to say following the right strategy considering all considerations. Exclusive knowledge about the stock market is a must. You should know which sensex and nifty stocks will perform well even for the short term. Long term investment will no doubt give you returns provided again you know where to invest.
The announcement by the government of selling food grains to the poor at cheap rates triggered many a jumpy investor to sell sensex and nifty stocks on 19th Dec. leading to the stock market indices exhibiting a 28-month closing low. Market statistics revealed that 158 sensex and nifty stocks hit record lows with three stocks falling for every one that gained. The downcast mood of the Indian stock market was contributed by a bleak forecast on India by brokerage CLSA and possible credit downgrades of European nations. According to a poll, Indian stock market indices may fall by 22 percent by March 2012 and then rise only after that. Given the predictions, choose those sensex and nifty stocks that will turn out to be profitable for you.
Stay updated with the latest stock market news at an India news portal. Here, you can read all relevant international and India news that matter to you. Govt. mulling putting CJI on panel to select CBI chief, India fearing revival of North Korea-Pak nuclear bonding with Kim Jong-il's death, AR Rahman denying nod to perform near Taj Mahal, IGI fogged out with 200 flights taking hit, 233 mentally ill patients subjected to drug trials, and more are top India news (20th Dec.) at the moment. Anna's Lokpal Bill has been a hot topic in India news for days together.
So, by now most of you must be already familiar with the 'direct tax code' terminology. The existing Indian Income Tax Act, 1961 may be replaced with Direct Tax Code (DTC) if approved. Implementation may take place on April 1, 2012. Fiscal 2012-2013 income earned will then be calculated according to Direct Tax Code. Visit a news portal to know about the salient features, highlights and more about Direct Tax Code.
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