STOCK MARKET – SENSEX– Lect 1

 Stable Government drives market up – alliance with like minded parties; single party
 Long Term Capital Gain – held stock for more than 1 year – no tax on profit*(subject to limits)
 Divident – is tax free as well; company’s decision to declare dividend or not *(subject to limits)
 Divident given on Facevalue – original value of the shares
 DeMat – DeMaterialised Securities
 Annual Report –
 9:15 AM – 3:30PM
 Pvt Ltd – Public Limited (not necessary listed on market) - IPO