"There is no greater transparency in trading than sharing Verified Long-term P&L" - Abraham Lincoln. Here's me being 100% transparent with my trading. #Sensibull#VerifiedBySensibull#LongTermPnL https://t.co/VotAHssVW2
@connectgurmeet Useless idea. Instead we should follow China which faced same problem earlier. We have enough talent here, but should create the same ecosystem as in USA , provide robust IP protection laws , and reduce bureaucratic red tape etc.
@RBI Projected inflation rate is 5.1% and repo rate is unchanged at 5.25%. It means real interest rate is only 0.15% and if actual inflation is higher, we will have negative interest rates. Does this not affect the poor savers and pensioners who depend on interest income?
@connectgurmeet Projected inflation rate is 5.1% and repo rate is unchanged at 5.25%. It means real interest rate is only 0.15% and if actual inflation is higher, we will have negative interest rates. Does this not affect the poor savers and pensioners who depend on interest income?
@connectgurmeet It is wrong to give special tax benefits only to FII. We should also get same capital gains tax benefits for investment in bonds or debt mutual funds.
@indtraderleague Why don't you consider all the traders whose verified P&L are updated and published in the verified P&L showcase in Sensibull app. There are many traders there who have done much better than the traders listed in your indiantradeleague list.
@Mf360WW Have you considered P/E ratio of Nifty 50 or Nifty 500? Have you made corrections for change in P/E ratio calculation using consolidated and standalone P/E from 2021 and changes in composition of the index considered.
@iamrakeshbansal Number of SIP folios might have dropped, but total SIP amount is continuously increasing even now. There is no need to panic, since people have no other place to invest white money, with debt taxation not attractive.
@1shankarsharma@livemint I agree. FIIs will definitely come back once valuations correct and become attractive. If LTCG tax for debt mutual funds is reduced to 12.5%, retail investors can divert their money to debt and allow market to correct and become attractive for both retail and FIIs.
@PRSundar64 LTCG is quite low on India compared to other big countries like USA or UK. Only your Dubai has no taxes to attract all smugglers and black money holders. FIIs are not exiting due to high taxation, but due to high valuations of equity market in India compared to earnings growth