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Posted on  November 28, 2020 under  by Team Lakshmishree

November Sessions in FY20.

All About Stock Market In November 2020

For the week, in the Stock Market, Nifty & Sensex ended over half a percent higher. But for the month of November, a record came out as the highest monthly gain in the entire year FY20.

Let's get prepared for the next trading week which is going to be a truncated one.

COVID-19 Updates

COVID-19

PM to visit India’s top vaccine producer companies today to review vaccine development. 

The PM will begin a three-city tour from today to personally watch the vaccine development & operational process. 

He has started his tour by visiting pharma major Zydus Cadila’s plant near Ahmedabad, Bharat Biotech in Hyderabad & Serum Institute of India in Pune. 

The Drug-makers have announced the phase-1 Clinical trial of Covid-19 vaccine candidate, ZyCoV-D has been completed and it has got on the ground for phase-2 Clinical trials.

Auto’s get a Month-end Boost

Hopes of a festive boost to November sales drive up auto stocks ahead of the monthly date. 

Tata Motors, Bajaj Auto & Hero Motors Corps are top Nifty gainers this week.

Tube invested Bets on CG Power to grow.

All eyes are on the Q2GDP data due later today expecting to slow down up to 8.9% in the second quarter. Now the respondents expect foliar GDP contraction of 8.2%

Real Estates Gifts

Real Estate

Tax relieved in a gap difference of 20% between Circle Rate and Property.

A step forward because till now those sellers who were not able to sell their goods due to the pricing reason, can now sell it comfortably.

So one by one we are getting all the incentives and expecting more than reasonability will be a mark of a fool.

It's better to take the privileges now, which are as follows:

  • Stamp duty is reduced
  • The home loan rate is at an all-time low
  • Developers are coming with attractive schemes
  • Golden opportunities in Buying

Income Tax Returns 

Income Tax Return

ITR filing of FY2018-19 ending on 30th November 2020.

Earlier it was mentioned to last submit the ITR file up to 31st March 2020 but due to lockdown, it exceeded were the dates pulled ahead till 30th November 2020.

Farmers Protest in North Delhi

The last two days, thousands of farmers fought with Haryana police to enter the national capital to hold a planned protest against the new farm laws. The police used water cannons and tear gas against the farmers who defied barricades to march towards Delhi.

Written by Team Lakshmishree

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