Street Signs: Market on edge, unveiling fund manager strategies, and more

Mar 17, 2024
street-signs:-market-on-edge,-unveiling-fund-manager-strategies,-and-more

Any trader with a liability of over Rs 10,000 in the form of capital gains had to pay advance tax this month. Additionally, losses can be set off against capital gains

Stock market, Indian market

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Photo: Bloomberg

Abhishek KumarSundar Sethuraman Mumbai

Market on edge: Liquidity crunch casts shadow

In addition to regulatory actions against small and midcaps, tighter liquidity conditions are another headwind that stocks are facing this month. Market observers say advance tax outflows and capital gains-related adjustments will weigh on the markets in the near term.

Any trader with a liability of over Rs 10,000 in the form of capital gains had to pay advance tax this month. Additionally, losses can be set off against capital gains. “Some selling is likely to happen

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First Published: Mar 18 2024 | 12:37 AM IST

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