Markets zoomed to cross 5000 after the FM slashed proposed transaction tax from 0.15% to 0.01% for Derivative trades and 0.015% for intra-day trades.
Delivery trades will continue to attact a 0.15% transaction tax.
He clarified that the debt market will be totally exempt from the transaction tax.
Markets to OPEN with A GAP tomorrow.
Keep a watch on the MID-CAP stocks for more action there!
Happy Trading!
Delivery trades will continue to attact a 0.15% transaction tax.
He clarified that the debt market will be totally exempt from the transaction tax.
Markets to OPEN with A GAP tomorrow.
Keep a watch on the MID-CAP stocks for more action there!
Happy Trading!