Business Standard

An old, new bull market?

Rising inflation, rising interest rates, and slow growth together act as a cold wet blanket on the stock market

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Debashis Basu
The last date for tax filing just got over. Active investors filed their taxes with mixed feelings this time. If they made large gains in the financial year gone by, they needed to pay substantial taxes. But even as they make the payment, they are perhaps in losses so far, in the current financial year, because the stocks have been in a “bear market”. It is an unpleasant feeling to have to fork out taxes for past gains while sitting on current losses. This may seem illogical but it is not surprising. Behavioural scientists have established that we humans feel
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Jul 31 2022 | 10:45 PM IST

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