Algo Trading


Stock Market Blogs

Budget 2020- Make or Break chance January 30 2020Budget 2020

Visit Count: 703

Budget 2020- Make or Break chance

Indian economy is currently on an inflection point where the big businesses/ companies are becoming bigger and the SME is still not able to revive from the GST/ Note ban shock. NBFC fund freeze is haunting both the SME as well as those sitting on the Indian policy desk in Finance ministry

This budget will lay down the path for the $5 Trillion economy vision seen by our PM. There are many factors which need to be balanced in the right direction, so the fiscal and growth both engines work to propel the economy in the balanced way.

Many expect this budget to be a non eventful budget as most of the capital booster does are already being announced by the FM before the budget, nevertheless BUDGET is and always be a time of expectations, resolutions and commitment for Economy and Indian markets both, with many factors ranging from slowing demand, low industrial output and the overall GDP growth pegged at an 11-year low of 5%.Lets see what expectations does India Inc has from the budget.

1.      Personal Tax cut sweetener: This is the major demand from both the industry and tax payer community at large this time. There is a major tax outgo for an individual earning income between Rs 5 to 10 lakh. As the middle class is the real growth driver of the economy a cut from 20% to 10% will add a cheer to the Beneficiaries at large.

2.      Section 80C: This is a most loved Income tax section by Tax payers, which ironically is not enhanced since 2014, despite a dynamic change in spending of individuals. This section mainly includes investment in government securities, LIC, mutual fund ELSS along with payments for children’s tuition fee and housing loan repayment etc.

3.      Tax cut for Partnership and LLPs: Government got a historic applause when it tweaked the corporate tax cut on the downside recently, but still MSME sector is on the Partnership or LLP mode of taxpaying, where they pay around 30% plus cess. Section 32AC should be tweaked in order to provide some relief to the ailing this business community.

4.      Sector specific boosters: Government has done marathon meetings with almost all sector heads recently; we could expect some specific sectors viz. NBFC, Real estate, Infrastructure etc.

5.      GST recalibration: The Ex-chequer is feeling the heat of slowing GST collections and funding the GST deficit of states, we could see a major recalibration GST tax regime where there could be only two GST slabs covering the whole GST spectrum and a gradual start of covering products like petrol and diesel in the GST regime.

Madam FM is walking on a very tight rope this time with slowing of GDP and increase of deficit, it will be very interesting to see the balance route taken by the government this time and how the capital market participants sitting both in domestic and international territories respond the to the Budget initiatives this time

Happy Investing!

Blog Enquiry

Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.


  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost

Dear Investor,
As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor.
We believe that an educated investor is a protected investor !!!

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Dear Investor if you wish to revoke your un-executed eDis mandate, please mail us with ISIN and quantity on by today EOD."

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201




Indrendu Joshi. Email: Call : 0731-4797275

Investor grievance complaint :