🚨 BREAKTHROUGH IN CANCER
Moderna + Merck’s personalised mRNA cancer vaccine has succeeded in Phase 3 in melanoma.
🔥 49% lower risk of cancer recurrence or death
This could be a major breakthrough for personalised cancer treatment.
And this may just be the beginning for mRNA in oncology. 🧬🚀
Optical fibre sector 🔖🔖🔖
AI is reshaping the US fibre market as data centres demand more connectivity and China faces rising restrictions. Could these two Indian suppliers emerge as the next beneficiaries.
Commodity Research Unit expects optical-cable demand from data centres to rise 63% globally in 2026
#HFCL #STLtech
https://t.co/GeTNgRZhBO
Tax Reforms that India need
~ Remove surcharges
~ Remove cess
~ Remove STT
~ Remove advance tax liability on stock market gains as this is very variable income
~ Since there already is advance tax liability for every kind of income earned, remove the TDS completely.
~ Increase registration tax as well as GST on anyone buying vehicle, who already has another vehicle registered in his name. Link this with the number of vehicles. This should include companies as well.
Benefits
~ Will add simplicity in the system
~ Will create more money for the govt because ultimately more money in the hands of consumer will trigger more spending and hence more taxes
~ Stock market will cheer all this and hence more and more people will be part of this ecosystem and hence more contribution towards the taxes
~ Vehicle load especially in the cities has to reduce sooner or later. This can be one small step in this direction.
@nsitharaman@nsitharamanoffc@narendramodi@narendramodi_in@PMOIndia
Earlier only retailers used to protest against high STT, now FIIs also urged SEBI to reduce STT.
In my opinion, STT should be fully abolished.
Double taxation shouldn't be allowed.
So according to my ITR, I have paid a net 33% tax on F&O profits, including surcharge and cess.
Shockingly, this is on top of STT, exchange transaction charge, brokerage, and GST on all of them.
Trading is not difficult but it has been made difficult by the govt themselves.
India needs better STT Reforms to encourage market participation and remove unethical double taxation from financial markets
We need to understand the history of STT, LTCG & STCG in India to see how investors are treated as cattle by the policymakers
STT stands for Securities Transaction Tax, which was introduced in 2004 by P. Chidambaram to simplify tax collection in the markets.
The core idea was to collect the tax at the time of transaction as government removed LTCG from the equation. The tax for securities held less than 1 year was 10% in 2004 under the provision of Short Term Capital Gains tax.
In 2008, STCG was increased from 10% to 15%. This is literally a 50% hike in taxation. This affected active market participants who held securities for less than one year.
In 2018, FM Arun Jaitley reintroduced a 10% LTCG tax on securities held for more than one year and still kept STT alive. STT was originally added in place of the LTCG tax to make tax collection easier but now market participants had to pay both forms of taxes.
In 2024, FM Nirmala Sitharaman dropped a bomb on the market participants by raising LTCG tax to 12.5% (from 10%) and STCG tax to 20% (from 15%).
This was a flat 25% and 33% hike for long-term and short-term investors, respectively. There was still no consideration to remove STT from the provisions.
In 2026, investors were expecting FM Nirmala Sitharaman to deliver tax cuts as India was underperforming global markets & FIIs were leaving. Sitharaman raised the STT on F&O transactions by 150% to disappoint market participants again.
The biggest problem with STT is that you cannot adjust it against your capital gains tax the way you adjust TDS deducted from your salary. You will be paying tax even if you make a loss on your trades/investments. This is purely unethical as STT was introduced to avoid the hassle of capital gains tax.
India's STT collection has increased from 11,500 Crores in FY 2018-19 to more than 60,000 Crores in FY 2025-26. This is the annual growth rate of 27% in tax collection against a poor 6% growth rate in India's GDP.
Retail Investors are constantly raising their voice against this double taxation. It can be solved by simply allowing these options.
1. Give choice to the market participants to adjust STT paid by investors against LTCG/STCG tax at the end of the financial year
2. Refund STT to the investors similar to income tax refund if they made a loss at the end of the financial year
3. Reduce the STT rate to maintain a stable tax collection instead of aiming to grow abnormally higher than India's GDP growth
India's market veterans never speak on this issue as it still takes some spine to speak against unfair policies in the largest democracy of the world
India's market culture is growing rapidly and it needs fair policies from the government to support market participants
This is an open letter to policymakers on behalf of every retail market participant still burdened by unfair double taxation, as no one is speaking up for them in Parliament
Since my account getting hacked a few weeks ago, my post reach has gone down significantly
Would be really happy to see if you can hit a ♥️ and comment if my posts are reaching you promptly.
Hope my content has helped you maneuver the markets in the last many years.
20 months done of bear markets !
This week's strong close in wider Midsmall400 Index is an important step towards bull market.
Kind of long wait where the bear market exceeded the avg duration of bears by 3-4 months
I have posted previously also too many times on market cycles but it's getting extremely tough to find old posts as twitters search has become shitty
If things go fine next 12-15 months can do good. If this has to fail it will fails quick and we then close below this weeks close negating views. But chances of the 1st one are more to happen
Raymond Realty
#RaymondRealty#RaymondRel
Annual report 2026:
FY21-26:
50% CAGR in booking value
46% CAGR in collections
84% CAGR in revenue recognition
RoCE 23%
100 acre owned Thane land bank with estimated revenue potential of 25,000cr at current market realizations
Marquee Project acquisition in Kandivali with 3000cr GDV
42,000cr pipeline
25,000cr in Thane and 17,000cr across 7 JDAs
FY26:
Crossed 3000cr in revenue in just 6 years of existence
FY26 pre sales and revenue of over 3000cr
FY26 EBITDA of almost 500cr
Mkt cap at 4400cr
🚨 BREAKING:
🇺🇸🇮🇷 IRAN’S NEGOTIATING TEAM JUST SAID:
“TALKS IN SWITZERLAND ON UNFREEZING $12B IN IRANIAN ASSETS HAVE CONCLUDED.”
US-IRAN INSIDERS SAY THE STRAIT OF HORMUZ IS NOW FULLY OPEN
THIS IS EXTREMELY BULLISH FOR MARKETS!!
US LIFTS CRUDE OIL SANCTION ON IRAN
US AUTHORIZES SOME SALES OF CRUDE OIL OF IRANIAN ORIGIN
US LICENSE AUTHORIZES SALES THROUGH TO AUGUST 21, 2026
US LICENSE AUTHORIZES IMPORTATION OF CRUDE OIL OF IRANIAN OIL
Gift Nifty is indicating a positive start to the week, trading higher by nearly 75 points in early trade. While US markets remained closed on Friday, Asian markets have begun the week on a strong footing, with most major indices trading in the green.
Accumulation during the previous week was significantly stronger than in recent weeks, suggesting that institutional money flows are gradually returning to the market. If this trend continues, the coming week could provide a favourable environment for the bulls, with improving participation supporting the broader market.
U.S. Central Command said Thursday that American forces had lifted all blockade enforcement on maritime traffic entering and exiting Iranian coastal areas.
“All U.S. military blockade enforcement efforts have ceased,” CENTCOM said in a social media post, adding that its naval ships would remain in the general area to ensure all aspects of the agreement are followed.