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Investors trading gold or silver ETFs must understand tax implications. Long-term holdings attract 12.5% LTCG, short-term less than a year incur 20% STCG. Intraday ETF trades are treated as speculative income, set off only against speculative profits. Losses and exemptions differ from equity funds, affecting overall portfolio planning.
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News and Media
Rising tensions between the United States and Iran risk disrupting crude flows through the strategic Strait of Hormuz, potentially spiking global benchmarks and raising Indias fuel and inflation pressures. Even limited disruption could widen volatility as import-dependent economies brace for higher energy costs.
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News and Media
Markets ended higher despite volatility, with Nifty consolidating in a narrow range. FII positioning shows gradual short covering but remains cautious. IT stocks stay under pressure, while banking and PSU sectors show strength. Analysts expect sideways movement with stock-specific action and highlight key technical levels for the coming week.
Category:
News and Media
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