ilmscore | Prediction Details
"To get some tax benefits you book the short term losses and you again enter into the same stock so that you keep on holding the position in that stock right so what could retail individual investors do? They could sell their stocks at the end of December and immediately buy the same at the very beginning of January, so this can again pent up the demand in the early days of January"
By CA Rachana Phadke Ranade | December 24, 2022 | Pending
From video
Santa Claus Rally in Nifty 50? | CA Rachana Ranade 00:05:17 - 00:05:38
Interpreted Prediction
Retail investors might sell stocks at the end of December for tax benefits and repurchase them in early January, potentially increasing demand and contributing to the Santa Claus Rally.

Prediction Details

Topic
Tax Harvesting

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