This article contains details about LIC Bima Bachat Policy with Review Analysis & Calculations
In the print media one can easily spot ads by LIC for their Bima Bachat Policy. Occassionally the ads also appear on TV. This is being advertised as a single premium money back policy which claims to offer insurance for sum assured amount to the nominee/family members in case of death of the policy holder. The policy also offers assured returns in case of survival of the policy holder during the policy period. Overall, it sounds good, but let's see the numbers involved to get the clear picture of the policy details.
Friday 30 December 2011
Monday 26 December 2011
NHAI Bonds for Tax Savings: Review, Analysis & Calculation for NHAI Bonds 2011-12
High on the heels of other government infrastructure companies issuing Long term infrastructure bonds offering tax benefits to investors, the National Highway Authority of India (NHAI) has come out with its own issue of Tax Saving Bonds to tap into the benefits of long term capital raising thereby offering investors another option for tax savings.
Let's see some basic details of these NHAI Tax Saving Bonds first:
The issue offered by NHAI are Tax Free Secured Redeemable Non Convertible Bonds in the nature of Debentures but offering tax benefits under section
10(15) (iv) (h) of the Income Tax Act, 1961.
What is the business and function of NHAI?
NHAI or National Highways Authority of India is an autonomous body under the minitry of Road Transport and Highway, Government of India which was operationalised in the year 1995. Primary functions are to survey, develop, maintain and manage the National Highways. It also builds offices or workshops, establish and maintain hotels, restaurants and rest rooms at or near the highways vested in or entrusted to it and similar functions associated with it.
What are the opening and closing dates for NHAI Bonds for Tax Savings
The NHAI Tax Saving Bond issue opens on 28 December 2011 and closes on 11 January 2012.
What are the tax benefits avaialble for investors in the NHAI Bonds for Tax Savings
The income earned as interest from the NHAI tax saving bonds is fully exempted from income tax.
No TDS will be deducted by the issuer while paying the interest.
There is no Wealth Tax levied on investment in Bond under section 2(ea) of the Wealth-tax Act, 1957
What is the issue size of NHAI Bonds for Tax Savings
The issue constitutes of Rs. 5000 Crores with an option of extending it to 10,000 Crores in case of over-subscription.
Are the NHAI Bonds for Tax Savings available only in demat form?
NHAI bonds will be available both in demat and physical form, so all kinds of investors can apply for these bonds irrespective of whether they have demat account or not.
What are the credit ratings assigned to NHAI Bonds for Tax Savings
CRISIL has awarded "CRISIL AAA/Stable" ,CARE has assigned "CARE AAA" and "Fitch AAA(ind) with stable outlook" by FITCH.
All these indicate good stable outlook.
Where will the NHAI Bonds for Tax Savings be listed?
The NHAI bonds will be listed both on BSE and NSE.
What are the other options available for tax savings to investors other than NHAI Bonds for Tax Savings
The investors can invest in Long Term Infrastructure bonds which are currently open:
1) IDFC Infrastructure Bonds for Tax Saving
2) L&T Infra Bonds for Tax Saving
3) IFCI Infra Bonds for Tax Saving
What are the investment details about NHAI Bonds for Tax Savings?
Each NHAI Bond will cost Rs. 10,000 and that is also the minimum amount to be invested.
NHAI Bonds have a maturity period of 10 and 15 years and interest will be paid annually.
The coupon rate on the bond 8.20% for 10 years and 8.30% for 15 years.
For individuals in the highest tax bracket of 30.9%, the 10-year 8.2% tax-free bond gives an effective return of about 11.87%, and the 15-year 8.3% bond 12.01%.
How can one apply for NHAI Tax saving bonds?
Interested investors can apply through the paper based applications available at the branches of Union Bank of India, IDBI Bank and Selected Branches of other Bank.
Also, trading sites like icicidirect.com are offering online applications for these NHAI bonds.
Final Thoughts about NHAI Bonds for Tax Savings?
NHAI is backed by the government. Hence, the the stability and credit of these bonds can be considered to be stable.
Although the coupon rate of 8.2% and 8.3% may look a bit on the lower side as compared to the high coupon rates offered by other Long term infrastructuer bonds, one also needs to account for the tax free interest income - Interest earned on Long term infrastructure bond is NOT tax free, while the interest earned on these NHAI bonds is tax free. Taking into account the tax benefit of non-taxable interest payment, the effective coupon rate will increase.
Investors looking for tax savings options with shorter maturity can apply for these NHAI bonds
Let's see some basic details of these NHAI Tax Saving Bonds first:
Calculations for effective returns from NHAI Tax Saving Bonds
What is the actual instrument being offered in the name of NHAI Bonds for Tax SavingsThe issue offered by NHAI are Tax Free Secured Redeemable Non Convertible Bonds in the nature of Debentures but offering tax benefits under section
10(15) (iv) (h) of the Income Tax Act, 1961.
What is the business and function of NHAI?
NHAI or National Highways Authority of India is an autonomous body under the minitry of Road Transport and Highway, Government of India which was operationalised in the year 1995. Primary functions are to survey, develop, maintain and manage the National Highways. It also builds offices or workshops, establish and maintain hotels, restaurants and rest rooms at or near the highways vested in or entrusted to it and similar functions associated with it.
What are the opening and closing dates for NHAI Bonds for Tax Savings
The NHAI Tax Saving Bond issue opens on 28 December 2011 and closes on 11 January 2012.
What are the tax benefits avaialble for investors in the NHAI Bonds for Tax Savings
The income earned as interest from the NHAI tax saving bonds is fully exempted from income tax.
No TDS will be deducted by the issuer while paying the interest.
There is no Wealth Tax levied on investment in Bond under section 2(ea) of the Wealth-tax Act, 1957
What is the issue size of NHAI Bonds for Tax Savings
The issue constitutes of Rs. 5000 Crores with an option of extending it to 10,000 Crores in case of over-subscription.
Are the NHAI Bonds for Tax Savings available only in demat form?
NHAI bonds will be available both in demat and physical form, so all kinds of investors can apply for these bonds irrespective of whether they have demat account or not.
What are the credit ratings assigned to NHAI Bonds for Tax Savings
CRISIL has awarded "CRISIL AAA/Stable" ,CARE has assigned "CARE AAA" and "Fitch AAA(ind) with stable outlook" by FITCH.
All these indicate good stable outlook.
Where will the NHAI Bonds for Tax Savings be listed?
The NHAI bonds will be listed both on BSE and NSE.
What are the other options available for tax savings to investors other than NHAI Bonds for Tax Savings
The investors can invest in Long Term Infrastructure bonds which are currently open:
1) IDFC Infrastructure Bonds for Tax Saving
2) L&T Infra Bonds for Tax Saving
3) IFCI Infra Bonds for Tax Saving
What are the investment details about NHAI Bonds for Tax Savings?
Each NHAI Bond will cost Rs. 10,000 and that is also the minimum amount to be invested.
NHAI Bonds have a maturity period of 10 and 15 years and interest will be paid annually.
The coupon rate on the bond 8.20% for 10 years and 8.30% for 15 years.
For individuals in the highest tax bracket of 30.9%, the 10-year 8.2% tax-free bond gives an effective return of about 11.87%, and the 15-year 8.3% bond 12.01%.
How can one apply for NHAI Tax saving bonds?
Interested investors can apply through the paper based applications available at the branches of Union Bank of India, IDBI Bank and Selected Branches of other Bank.
Also, trading sites like icicidirect.com are offering online applications for these NHAI bonds.
Final Thoughts about NHAI Bonds for Tax Savings?
NHAI is backed by the government. Hence, the the stability and credit of these bonds can be considered to be stable.
Although the coupon rate of 8.2% and 8.3% may look a bit on the lower side as compared to the high coupon rates offered by other Long term infrastructuer bonds, one also needs to account for the tax free interest income - Interest earned on Long term infrastructure bond is NOT tax free, while the interest earned on these NHAI bonds is tax free. Taking into account the tax benefit of non-taxable interest payment, the effective coupon rate will increase.
Investors looking for tax savings options with shorter maturity can apply for these NHAI bonds
Thursday 22 December 2011
Muthoot Finance NCD: Non-Convertible Debentures Issue Review, Analysis & Details
Details about Muthoot Finance NCD Non-Convertible Debentures Issue Dec 2011-January 2012
It was not long time back when the Gold Loan company named Muthoot Finance had come out with its IPO Muthoot Finance IPO in April 2011.
Now, the same Muthoot Finance company has come out with its NCD issue or Non-Convertible Debentures issue which is currently open and claims to double the investors money in five and a half years.
Let's start with the basics first.
What is a NCD or Non-Convertible Debentures?
NCD or Non-Convertible Debentures can be termed as a kind of special category of loan, which cannot be converted to a stock (hence the name Non-Convertible).
NCD's usually offer a higher rate of return as compared to Bank Fixed Deposits as well as FMP or Fixed Maturity Plans (What is a FMP: Explained).
Important thing for investor to note here is that NCD are kind of unsecured bonds, which are not backed by any collateral. Hence, when you are investing in an NCD, it indicates that you are actually offering a kind of unsecured loan to the NCD company. Since it is unsecured, it offers higher rate of interest (more risk-more return). Also, since it is non-convertible, these NCD's cannot be converted to stocks or equity of the company.
The Muthoot Finance NCD is open from 22 Decemeber 2011 and will close on January 7, 2012.
What is the issue size of Muthoot Finance NCD?
Muthoot Finance NCD issue is expecting to raise around 600 Crore Rs. through the Muthoot Finance NCD issue. This includes an over-subscription of Rs. 300 Crore.
What is the minimum investment amount requried for investing in Muthoot Finance NCD?
Each debenture is having a face value of Rs. 1000 and minimum five debentures can be applied for. Hence, the minimum application amount comes to Rs. 5000.
What are the various investment options available in Muthoot Finance NCD?
There are 4 options available for investing in Muthoot Finance NCD - coming with 4 different maturity periods of 24 months, 36 months, 60 months and 66 months.
What is the effective interest rates offered by Muthoot Finance NCD?
Depending upon the various maturity period listed above, the effective yield on the Muthoot Finance NCDs will vary from a low of 13% to 13.45% per annum.
The 66 month or 5.5 year maturity period option claims to double the investors money in 5.5 years period.
How will the capital collected through Muthoot Finance NCD will be used by the company?
The money or capital collected through the Muthoot Finance NCD will be used for repaying existing loans as well as financing other business activities.
These activities will include investing as well as lending.
There are plans to increase the no. of branches which currently are at 97.
What are the ratings assigned to Muthoot Finance NCD?
Both CRISIL and ICRA have assigned AA-/ Stable ratings to the Muthoot Finance NCD issue.
As claimed on the company website, the ratings indicate stability regarding the financial obligations on part of the company.
Where will the Muthoot Finance NCD be listed?
The Muthoot Finance NCD will be listed on the Bombay Stock Exchange or BSE.
How can I directly apply to invest in Muthoot Finance NCD?
Interested investors can apply by downloading forms from the following site Muthoot Finance NCD Application Form
Will there be any tax benefit available in Muthoot Finance NCD?
No. There will be no tax benefit available in Muthoot Finance NCD.
Instead, all the income that you will earn as interest from the Muthoot Finance NCD will be taxable. Company will NOT deduct any TDS while paying the interest - it will be the responsibility of the investor to declare that income and pay taxes on it.
Hence, the investors should take into account the post tax effective returns calculation before jumping onto investing in these Muthoot Finance NCD based upon the high double digit interest it is offering.
It was not long time back when the Gold Loan company named Muthoot Finance had come out with its IPO Muthoot Finance IPO in April 2011.
Now, the same Muthoot Finance company has come out with its NCD issue or Non-Convertible Debentures issue which is currently open and claims to double the investors money in five and a half years.
Let's start with the basics first.
What is a NCD or Non-Convertible Debentures?
NCD or Non-Convertible Debentures can be termed as a kind of special category of loan, which cannot be converted to a stock (hence the name Non-Convertible).
NCD's usually offer a higher rate of return as compared to Bank Fixed Deposits as well as FMP or Fixed Maturity Plans (What is a FMP: Explained).
Important thing for investor to note here is that NCD are kind of unsecured bonds, which are not backed by any collateral. Hence, when you are investing in an NCD, it indicates that you are actually offering a kind of unsecured loan to the NCD company. Since it is unsecured, it offers higher rate of interest (more risk-more return). Also, since it is non-convertible, these NCD's cannot be converted to stocks or equity of the company.
Muthoot Finance NCD: Review, Analysis and Calculations
What are the NCD dates for Muthoot Finance NCD?The Muthoot Finance NCD is open from 22 Decemeber 2011 and will close on January 7, 2012.
What is the issue size of Muthoot Finance NCD?
Muthoot Finance NCD issue is expecting to raise around 600 Crore Rs. through the Muthoot Finance NCD issue. This includes an over-subscription of Rs. 300 Crore.
What is the minimum investment amount requried for investing in Muthoot Finance NCD?
Each debenture is having a face value of Rs. 1000 and minimum five debentures can be applied for. Hence, the minimum application amount comes to Rs. 5000.
What are the various investment options available in Muthoot Finance NCD?
There are 4 options available for investing in Muthoot Finance NCD - coming with 4 different maturity periods of 24 months, 36 months, 60 months and 66 months.
What is the effective interest rates offered by Muthoot Finance NCD?
Depending upon the various maturity period listed above, the effective yield on the Muthoot Finance NCDs will vary from a low of 13% to 13.45% per annum.
The 66 month or 5.5 year maturity period option claims to double the investors money in 5.5 years period.
How will the capital collected through Muthoot Finance NCD will be used by the company?
The money or capital collected through the Muthoot Finance NCD will be used for repaying existing loans as well as financing other business activities.
These activities will include investing as well as lending.
There are plans to increase the no. of branches which currently are at 97.
What are the ratings assigned to Muthoot Finance NCD?
Both CRISIL and ICRA have assigned AA-/ Stable ratings to the Muthoot Finance NCD issue.
As claimed on the company website, the ratings indicate stability regarding the financial obligations on part of the company.
Where will the Muthoot Finance NCD be listed?
The Muthoot Finance NCD will be listed on the Bombay Stock Exchange or BSE.
How can I directly apply to invest in Muthoot Finance NCD?
Interested investors can apply by downloading forms from the following site Muthoot Finance NCD Application Form
Will there be any tax benefit available in Muthoot Finance NCD?
No. There will be no tax benefit available in Muthoot Finance NCD.
Instead, all the income that you will earn as interest from the Muthoot Finance NCD will be taxable. Company will NOT deduct any TDS while paying the interest - it will be the responsibility of the investor to declare that income and pay taxes on it.
Hence, the investors should take into account the post tax effective returns calculation before jumping onto investing in these Muthoot Finance NCD based upon the high double digit interest it is offering.
Tuesday 13 December 2011
IFCI Infra Bonds for Tax Saving: Review, Analysis & Calculation for Effective Returns
This article covers the details about IFCI Infra Bonds for Tax Saving (Long Term Infrastructure Bonds from IFCI. Calculations for Tax saving in IFCI Infra Bonds as per the different income tax brackets is also covered..
High on the heels of IDFC who recently opened the subscription for their IDFC Infrastructure Bonds for Tax Saving and then closely followed by L&T Infra Bonds for Tax Saving, IFCI has now joined the bandwagon to cash in on the tax saving rush and has launched its own issue of Infrastructure Bonds for tax savings as the financial year is going to come to a close in India in March 2012.
The market & the investors can expect to see more offerings for Long Term Infrastructure Bonds from various other organizations in coming few months as tax savings will be the buzz word since the financial year is going to come to a close in March 2012 and hence tax savings will be on the minds of investors. Now with so many different types of infrastructure bonds coming to the market, investors will be confused about what is the difference among them and which one to subscribe to? Basically, it all boils down to the interest rates offered and the credibility of the organization offering them. Usually, a good stable organization having a good credit rating (are they reliable?) will offer good enough interest rates, while organizations having a bit lower credit ratings may like to offer somewhat better interest rates to attract investors despite their low credit ratings.
Let's start with some basics first for the IFCI Infrastructure bonds issue:
If you are completely new to Tax Free Infrastructure Bonds, we strongly advise you to get the basic details about working of the infra bonds and the tax saving eligibility and calculations as mentioned in the article Tax Free Infrastructure Bonds Details: Save Tax On Investments in Infra Bonds. Once you are familiar with the basic calculations and tax saving details as per your individual tax slab, you can proceed with the details of this open issue of IFCI Infra Bonds for Tax Savings 2011-2012
The basic working of these bonds from any issuing company or organization remains the same, whether it is IDFC or L&T or IFCI. Here are the examples of the calculations including tax benefits for investments in Infrastructure bonds :Calculations and Returns in Infrastructure Bonds Investments.
Now, once you are clear about the fundamental details, let's see the IFCI Infra Bonds for Tax savings in more detail:
Relatively small issue size for the IFCI infra bonds, trying to collect around 100 Crore Rs. from the market - compare that to L&T infra bonds which are looking for 1100 Crores.
Green shoe option is there with the IFCI infra bonds but the green shoe option details remain unspecified.
The purpose & capital raised through the IFCI infra bonds will be used to finance the infrastructure projects all across the country.
The bonds are being offered in 2 different options with 2 different maturity periods - 10 year and 15 years:
Series 1 - is for 10 year long bonds paying an interest rate of 9.09% per annum - coupon rate is higher than IDFC and L&T which are at 9%
Investors have the option to redeem the bonds after the mandatory 5 year lock-in period. They can also exit after 7 years period.
Series 2 - Is for 15 year long bonds paying an interest rate of 9.16% per annum - coupon rate is higher than IDFC and L&T which are at 9%
Exit option available after 5 years and 10 years period.
Both these bonds come with the option of annual and cumulative dividend payment.
The bonds can be traded after the minimum lock in period of 5 years - the lock in period if for gaining the tax benefit.
One needs to invest a minimum of 5000 Rs. to buy a IFCI infra bond. Upper limit is not there i.e. one can apply for and buy any no. of bonds from IFCI.
However, as per the rule of tax-saving investments under section 80CCF of the IT Act, tax savings will be allowed only on a maximum of 20,000 Rs. irrespective of the amount of investments made in the IFCI Infra Bonds.
What differentiates IFCI Infra Bonds from the other issues like L&T & IDFC Infra Bonds which are currently open?
As of now IDFC Infra bonds issue is open (See details: IDFC Infrastructure Bonds for Tax Saving) and (L&T Infra Bonds for Tax Saving is open), but very soon we expect more infrastructure companies to line up with their issues as there are still 3.5 months to end of financial year.
The main difference between IFCI infra bonds and IDFC & L&T infra bonds is the credit rating assigned and the price per bond.
What is the security rating for the IFCI Infra Bonds ?
'BWR AA-' by Brickwork Ratings India Pvt. Limited
CARE 'A+' by CARE Ratings (Credit Analysis & Research Ltd.)
'LA' by ICRA Limited
How much will I effectively save by investing in IFCI Infra Bonds ?
The calculations will be similar to what we covered for IFCI Infra Bonds. Please see IFCI Infra Bonds for Tax Saving: Calculations, Review and Details
What are the investment dates and period for IFCI Infra Bonds ?
The IFCI Infra Bonds subscription date was opened on November 30, 2011 and will close on January 16, 2012. This will give you enough time to plan your investments rather than waiting for last minute tax savings. Also, 9% interest offering looks good.
It is not mandatory to have a PAN no. for buying these bonds. Also, one can buy these bonds in both demat as well as physical format.
High on the heels of IDFC who recently opened the subscription for their IDFC Infrastructure Bonds for Tax Saving and then closely followed by L&T Infra Bonds for Tax Saving, IFCI has now joined the bandwagon to cash in on the tax saving rush and has launched its own issue of Infrastructure Bonds for tax savings as the financial year is going to come to a close in India in March 2012.
The market & the investors can expect to see more offerings for Long Term Infrastructure Bonds from various other organizations in coming few months as tax savings will be the buzz word since the financial year is going to come to a close in March 2012 and hence tax savings will be on the minds of investors. Now with so many different types of infrastructure bonds coming to the market, investors will be confused about what is the difference among them and which one to subscribe to? Basically, it all boils down to the interest rates offered and the credibility of the organization offering them. Usually, a good stable organization having a good credit rating (are they reliable?) will offer good enough interest rates, while organizations having a bit lower credit ratings may like to offer somewhat better interest rates to attract investors despite their low credit ratings.
Let's start with some basics first for the IFCI Infrastructure bonds issue:
If you are completely new to Tax Free Infrastructure Bonds, we strongly advise you to get the basic details about working of the infra bonds and the tax saving eligibility and calculations as mentioned in the article Tax Free Infrastructure Bonds Details: Save Tax On Investments in Infra Bonds. Once you are familiar with the basic calculations and tax saving details as per your individual tax slab, you can proceed with the details of this open issue of IFCI Infra Bonds for Tax Savings 2011-2012
The basic working of these bonds from any issuing company or organization remains the same, whether it is IDFC or L&T or IFCI. Here are the examples of the calculations including tax benefits for investments in Infrastructure bonds :Calculations and Returns in Infrastructure Bonds Investments.
Now, once you are clear about the fundamental details, let's see the IFCI Infra Bonds for Tax savings in more detail:
Relatively small issue size for the IFCI infra bonds, trying to collect around 100 Crore Rs. from the market - compare that to L&T infra bonds which are looking for 1100 Crores.
Green shoe option is there with the IFCI infra bonds but the green shoe option details remain unspecified.
The purpose & capital raised through the IFCI infra bonds will be used to finance the infrastructure projects all across the country.
The bonds are being offered in 2 different options with 2 different maturity periods - 10 year and 15 years:
Series 1 - is for 10 year long bonds paying an interest rate of 9.09% per annum - coupon rate is higher than IDFC and L&T which are at 9%
Investors have the option to redeem the bonds after the mandatory 5 year lock-in period. They can also exit after 7 years period.
Series 2 - Is for 15 year long bonds paying an interest rate of 9.16% per annum - coupon rate is higher than IDFC and L&T which are at 9%
Exit option available after 5 years and 10 years period.
Both these bonds come with the option of annual and cumulative dividend payment.
The bonds can be traded after the minimum lock in period of 5 years - the lock in period if for gaining the tax benefit.
One needs to invest a minimum of 5000 Rs. to buy a IFCI infra bond. Upper limit is not there i.e. one can apply for and buy any no. of bonds from IFCI.
However, as per the rule of tax-saving investments under section 80CCF of the IT Act, tax savings will be allowed only on a maximum of 20,000 Rs. irrespective of the amount of investments made in the IFCI Infra Bonds.
What differentiates IFCI Infra Bonds from the other issues like L&T & IDFC Infra Bonds which are currently open?
As of now IDFC Infra bonds issue is open (See details: IDFC Infrastructure Bonds for Tax Saving) and (L&T Infra Bonds for Tax Saving is open), but very soon we expect more infrastructure companies to line up with their issues as there are still 3.5 months to end of financial year.
The main difference between IFCI infra bonds and IDFC & L&T infra bonds is the credit rating assigned and the price per bond.
What is the security rating for the IFCI Infra Bonds ?
'BWR AA-' by Brickwork Ratings India Pvt. Limited
CARE 'A+' by CARE Ratings (Credit Analysis & Research Ltd.)
'LA' by ICRA Limited
How much will I effectively save by investing in IFCI Infra Bonds ?
The calculations will be similar to what we covered for IFCI Infra Bonds. Please see IFCI Infra Bonds for Tax Saving: Calculations, Review and Details
What are the investment dates and period for IFCI Infra Bonds ?
The IFCI Infra Bonds subscription date was opened on November 30, 2011 and will close on January 16, 2012. This will give you enough time to plan your investments rather than waiting for last minute tax savings. Also, 9% interest offering looks good.
It is not mandatory to have a PAN no. for buying these bonds. Also, one can buy these bonds in both demat as well as physical format.
Monday 12 December 2011
NSE-BSE Holidays 2012: List-India Stock Exchange (Stock Market) Holidays 2012
Details about BSE Holidays List 2012 / NSE Holidays List 2012
The year 2011 is coming to a close. Traders as well as Investors across the globe would like to now know the holidya calender for the year 2012 for planning their leaves and trading activities.
Like last year 2011, where we provided the NSE-BSE Holidays 2011: List-India Stock Exchange (Stock Market) Holidays 2011, once again here we provide the holiday list for the year 2012 for the Indian Stock exchanges.Bombay Stock Exchange (BSE) Holidays 2012
Wishing all the readers, traders and investors a happy and frutiful New year 2012.
BSE Holidays List 2012 / NSE Holidays List 2012
Muhurat Trading will be held on Tuesday, November 13, 2012 (Diwali Amavasya – Laxmi Puja)
The Exchange may alter / change any of the above Holidays, for which a separate circular will be issued in advance.
Please note that this information is as sourced from the exchange websites.
Wishing all the readers, traders and investors a happy and frutiful New year 2012.
The year 2011 is coming to a close. Traders as well as Investors across the globe would like to now know the holidya calender for the year 2012 for planning their leaves and trading activities.
Like last year 2011, where we provided the NSE-BSE Holidays 2011: List-India Stock Exchange (Stock Market) Holidays 2011, once again here we provide the holiday list for the year 2012 for the Indian Stock exchanges.
Bombay Stock Exchange (BSE) Holidays 2012
National Stock Exchange (NSE) Holidays 2012
Wishing all the readers, traders and investors a happy and frutiful New year 2012.BSE Holidays List 2012 / NSE Holidays List 2012
|
Muhurat Trading will be held on Tuesday, November 13, 2012 (Diwali Amavasya – Laxmi Puja)
The Exchange may alter / change any of the above Holidays, for which a separate circular will be issued in advance.
Please note that this information is as sourced from the exchange websites.
Wishing all the readers, traders and investors a happy and frutiful New year 2012.
Subscribe to:
Posts (Atom)