Investing

Understanding TCS on Foreign Remittance

In latest news for investors putting their money in global stock markets, fresh amendments have been introduced to the Finance Bill, 2020. A new provision, under the Liberalised Remittance Scheme (LRS), will come into effect from 1st October 2020, and it would levy a TCS (Tax Collected at Source) at a rate of 5%. This would affect incoming fund transfers to your international investment account and the rate would be
Investing 101

What Is A Day Trader?

A Day Trader is one who executes buying and selling of financial instruments on the same trading day or intraday. Day trading is often seen as a lucrative option by many to maximize profit, but this may not always be an easy game. Day traders usually target highly liquid stocks where slightest movement is being monitored to assess and used to book profit. Day traders use leverage to multiply their
Research Trends

How to know what the market is saying about your stocks

In the last of couple of years you might have noticed multiple instances of people (mostly, media) talking about traders and trading houses making winning stock market bets based on what they read on Twitter or some discussion forum. While cases like these are few and far between, it is certainly a reality that you "cannot follow the stock market enough"! Traditionally, investors have depended on analyst opinion, who, in-turn, often