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3 changes stock market investors need to be aware of from October 1

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[hfe_template id='11223'] [ad_1] As Indian markets continue their bull run, investors are faced with key changes, effective October, which could impact their trading strategies and profits. Among the notable changes are charges levied by the exchanges, a hike in Securities Transaction Tax (STT), and revamped rules governing share buybacks. NSE, BSE revise transaction charges Leading stock exchanges BSE and NSE revised their transaction fees for cash and futures and options trading. These changes, which will kick in from October 1, came after markets regulator Sebi mandated a uniform flat fee structure for all members of market infrastructure institutions.BSE has revised the transaction fees for Sensex and Bankex options contracts in the equity derivatives segment to Rs 3,250 per crore of premium turnover. However, the transaction charges for other contracts in the equity derivatives segment remain unchanged. For Sensex 50 options and stock options, BSE charges a transact...

New BSE & NSE transaction fee, FII action among 8 factors likely to drive market this week

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[hfe_template id='11223'] [ad_1] Nifty hit fresh intra-day record highs on each trading session last week ending with weekly gains of 1.5% led by banks and pharma stocks. When markets resume trading on Monday, a host of important domestic and global events lined-up during the week are likely to impact them. On Friday, benchmark indices took a breather as BSE Sensex declined 264 points or 0.31%, settling at 85,571. Nifty ended with a marginal loss of 37.10 points or 0.14% at 26,178.95. "The Nifty took a breather after a few days of continuous gains though the sentiment remains strong as the index continues to stay above important moving averages," Rupak De, Senior Technical Analyst at LKP Securities said. In his view, the strength will likely persist as long as it remains above 25,900 and a fresh rally could begin above 26,300 leading the 50-stock index towards 26,600. It will be a holiday shortened week as domestic stock markets will remain closed on October 2,...