Between 2022 and 2025, SEBI spent three years systematically dismantling one of the two ways Indian companies could buy back their own shares, cutting the permitted size of open market buybacks through stock exchanges from 15% down to 10%, then 5%, then zero, before banning the route outright from April 1, 2025. On June 19, 2026, the regulator approved bringing it back, effective August 1, 2026. It did not change its mind about the problem that got the route banned in the fir

It is easy to assume these three accounts are just different names for the same thing, especially since most investors open all three within a few minutes of each other through the same broker. They are not interchangeable. Each one holds something different, is regulated by a different body, and would cause a completely different problem if it stopped working. Account What It Holds Regulated By Maintained By Bank account Your money The Reserve Bank of India Your bank Trading

Twice a year, a handful of stocks move in and out of the Nifty 50, and the market reaction is often immediate. A company that gets added typically sees a wave of buying in the days before the change takes effect, while a company that gets dropped often sees the opposite. Neither move has much to do with a sudden shift in the company's underlying business. It is the mechanical result of a rules based process called index rebalancing, also referred to as reconstitution, that NS

Millions of retail investors trade futures and options in India without registering, in their own head, that this activity is legally a business, not an investment. That single classification decides which income tax return form applies, whether a formal audit becomes mandatory, how losses can be used, and which expenses can actually be deducted. It also creates one of the more counterintuitive traps in the entire tax code: a trader who loses money can sometimes face a mandat

On June 18, 2026, a hawkish surprise from the US Federal Reserve pushed the dollar higher and pressured the rupee, and Infosys, TCS and HCL Technologies all fell that day. On paper, a weaker rupee is supposed to be good news for exactly these companies. It is, for their earnings. It was not, that day, for their stock prices, because the same event that weakened the rupee was simultaneously making global investors nervous about the exact kind of company IT services firms are.

The Nifty India Defence Index's own eighteen month chart tells this sector's story better than any single research note could. An 80% rally from March to June 2025. A shallow correction, then seven months of consolidation. A breakout in early March 2026 during a week when Brent crude jumped 27% on escalating tensions between the United States, Israel and Iran, and the index itself rose nearly 5% against a falling broader market. A 9% sell off after the February 2026 budget. A

Inheriting shares or mutual fund units feels, in the moment, like a transfer of ownership. For tax purposes, Indian law treats it as something closer to nothing having happened at all. The cost basis used to calculate capital gains when those shares are eventually sold does not reset to their value on the day of inheritance. It reaches back to whatever the original owner actually paid, sometimes decades earlier, long before the heir who eventually sells them was ever involved

TCS's results for the quarter ended June 30, 2026 confirm what the sector's own commentary had been signalling for months: growth has slowed to close to a standstill in dollar terms, even as the rupee itself kept depreciating through the quarter. Revenue in dollars came in at $7,624 million, essentially flat against the previous quarter's $7,621 million, while constant currency growth decelerated to just 0.4% quarter on quarter, down from 1.2% in the prior quarter. Rupee reve

A growing number of retail investors now open an AI chat window before they open a company's quarterly results, not to get a stock tip, but to get through the reading faster. Used well, Claude is genuinely useful for that. Used carelessly, it can produce a confident sounding number that is simply wrong, sitting in your notes next to ten correct ones with no visible difference between them. Getting value out of it for stock research means understanding both halves of that sent