The silver lining for India in the current global meltdown is that we may continue to do better than other markets on a relative basis because of the low levels of leverage in our capital markets...
I think many Indian crypto investors accidentally got lucky due to TDS & Tax on Crypto announcement this budget in Feb. If not, many could have potentially been trapped trying to buy the dip & then averaging down...
Fractional investing or the ability to invest say $10 in Amazon at $3200 has been the biggest reason for stock market participation to go up in the US...
Over $400billion went out of India to import gold vs $600 billion+ that came in through FPI, FDI & VC. Imagine, instead of gold, some of that money was invested in Indian companies...
I'm surprised that, so many are surprised that just 1% of active traders make more than bank fixed deposits over 3 years timeframe. Active trading is like running a business, only a small % succeed...
With mandatory physical delivery for stock options and the removal of the Do Not Exercise (DNE) facility for options (Especially buy options), the risk of huge losses has gone up significantly...
You need to get a CA to validate IT returns (ITR) or get a tax audit if profit when trading is< than 6% of turnover or if the turnover is> Rs 10 crores. This is an anomaly...