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The Stock Market thread

KnackChap

By KnackChap,
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Posted by KnackChap,

Stock Market trades and Investments are subject to market risk, Plz read the OP carefully before investing.    This thread is for educational purposes only.  Neither IVG or any of the members are responsible for any trades (good or bad) If you're a new trader always use paper trading before jumping into the real thing. No one can predict the markets 100%. don't believe in those paid tips available online. Do your own research before trading.  Ask be
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dylanjosh Grand Master

dylanjosh

Posted
Posted (edited)
6 minutes ago, dante77 said:

Via Ind Money and other apps I think, not in usual way like Zerodha/Groww

Yeah i use ind money only.. for some reason groww never worked with me.. it got stuck in digi locker kyc stage and would never go past that screen 

 

Tried 2-3 times by reinstalling the app. Everytime same issue

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dante77 Veteran

dante77

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Posted
33 minutes ago, dylanjosh said:

Yeah i use ind money only.. for some reason groww never worked with me.. it got stuck in digi locker kyc stage and would never go past that screen 

 

Tried 2-3 times by reinstalling the app. Everytime same issue

Zerodha dude. I don't even think about anything else. 

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KunjanPSD Grand Master

KunjanPSD

Posted
Posted
3 hours ago, dylanjosh said:

Yeah i use ind money only.. for some reason groww never worked with me.. it got stuck in digi locker kyc stage and would never go past that screen 

 

Tried 2-3 times by reinstalling the app. Everytime same issue

Groww has stopped US investing.

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SuperT Veteran

SuperT

Posted
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On 1/25/2024 at 9:18 PM, dylanjosh said:

 

 

US stock.. we can buy right??

Not a good idea if it is for short term gains, afaik you will be taxed as per the tax bracket so if you fall in the 30% bracket then the tax on the US stock will be 30%. LTCG I believe is 20%. Many good opportunities in the Indian stock market, just my opinion do not consider this as an advice, do your research before investing in US stocks. 

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KunjanPSD Grand Master

KunjanPSD

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48 minutes ago, SuperT said:

Not a good idea if it is for short term gains, afaik you will be taxed as per the tax bracket so if you fall in the 30% bracket then the tax on the US stock will be 30%. LTCG I believe is 20%. Many good opportunities in the Indian stock market, just my opinion do not consider this as an advice, do your research before investing in US stocks. 

If you are going through Indian mediators then any gain will be taxed at 30% after the recent rule change.

Only if you are buying directly outside India via an international broker, you can take the 20% LTCG.

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SuperT Veteran

SuperT

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1 hour ago, KunjanPSD said:

If you are going through Indian mediators then any gain will be taxed at 30% after the recent rule change.

Only if you are buying directly outside India via an international broker, you can take the 20% LTCG.

Damn! More reason to stay away. Also, the hassle of declaration during ITR ? 

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