Tips to save IPO listing gains tax!
In the years 2023 and 2024, many IPOs brought huge earnings for the investors. But tax also has to be paid on this! What is the tax rule on booking listing gains from IPO? How can tax liability on listing gains be reduced? How will the tax be calculated on selling IPO shares?
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 22 points at the opening bell. Overseas, Asian stocks traded mixed on Tuesday following overnight declines for the Dow Jones Industrial Average and S&P 500 on Wall Street. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Reliance Industries | Buy | Stop loss: Rs 2,040 | Target price: Rs 2,130
HDFC Life | Buy | Stop loss: Rs 650 | Target price: Rs 700
Lupin | Buy | Stop loss: Rs 1,100 | Target price: Rs 1,200
Recommendations by: Manish Shah, Nifty Triggers
Aarti Industries | Buy | Target price: Rs 1,000-1050 | Stop loss: Rs 900
Kotak Mahindra Bank | Buy | Target price: Rs 1,825-1,860 | Stop loss: Rs 1,755
Bajaj Auto | Sell | Target price: Rs 3,795-3,760 | Stop loss: Rs 3,895
(Disclaimer: Stocks recommendations by experts or brokerages are their own and not those of the website or its management. Money9.com advises market participants to check with certified experts before taking any buy, sell or hold decisions.)