A day before Reliance Industries (RIL) becomes exbonus investors were seen flocking to the counter and interestingly many of them preferred to take delivery of shares than squatting off their positions intraday. According to brokers the liberal bonus offers a good tax planning opportunity for the shareholders. They can buy a certain number of shares cum bonus and sell them exbonus thus booking a loss that can be set off against short term capital gains earned on any other transactions.
MCX Commodity Tips
The RIL Countre attracted delivery based volume of 39.5% of the 13.2 lakh shares total traded on bourses.
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