The new year is just a day away. To ensure that the coming year to be stress-free, you must review your finances. This review will help you assess how you have done with your finances in the last year, where you stand today, and the steps you need to take to set yourself up for success financially in the short and long term. Reviewing your 2021 finances will help you organize your...
Support to families during an emergency Financial security Transfer of Risk Compulsion on having Insurance Peace of mind Uncertainties are the only certainties! The pandemic has made us realise that we all live in an unpredictable world these days. Thus, there are many legitimate reasons to prepare yourself for the unannounced curveballs. What better than getting yourself...
Nowadays, most investors consider SIP (Systematic Investment Plan) as a choice of investment. One of the most obvious reasons behind this is the transparency, simplicity, convenience and the power of compounding that mutual funds offer, especially to the investors who invest for the long term. However, SIP will help you not fall into the trap of timing your investment. It is one...
You can now invest in G-sec directly through RBI Retail Direct Scheme. The government launched a platform that will allow retail investors to buy and sell government securities on their own through – RBI Retail Direct Gilt Account. Under RBI Retail Direct Scheme, one can invest in RBI Bonds, Central Govt Bonds, State Govt Bonds, SGB and Treasury Bills. one can invest in primary as...
If you want to reap financial blessings in life, you have to sow financially. To achieve a financial goal one needs to invest and this investment has to be made religiously. Young investors understand the power of investment but over a period of time, they tend to lose enthusiasm. A successful investor is one who is disciplined with his investment. You need to follow a process over and...
Markets violated the key support on Wednesday after Nifty closed below 17312 while USDINR cleared its psychological barrier of 76. The close below 17312 has also reactivated breakdown in Nifty Non IT Index which holds 82% weight within Nifty and projects downside potential of 28% in near term. With JPYINR clearly sustaining above 66.70, we expect any rebound in equity markets to remain...
(High risk investors may Subscribe) Issue Size- 10,276,874 – 10,055,114 sharesIssue Open/Close – Dec 14 /Dec 16, 2021Price Band (Rs) 555-585Issue Size- Rs 5.88 bnFace Value (Rs) 2Lot Size (shares) 25 Data Patterns (India) Ltd. is one of the few integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. They have...
Markets remained under pressure on Tuesday with Nifty regaining above key the support of 17312 after initial gap down opening. With USDINR crossing above 76 in international market, the selling in equity market is likely to accelerate further. Expect major breakdown and spike in volatility if Nifty closes below 17312 for a potential target of 16% lower. Stocks in news ITC management...
(High risk/Cash surplus may Subscribe) Issue Size- 17.57 mn sharesIssue Open/Close – Dec 13 /Dec 15, 2021Price Band (Rs) 780-796Issue Size- Rs 13.98 bnFace Value (Rs) 2Lot Size (shares) 18 MedPlus Health Services is the second-largest pharmacy retailer in India, in terms of revenue as well as number of stores as of March’21 (according to Technopak report). The company offers wide range...
Markets succumbed to selling pressure on Monday after Nifty in USD terms failed to cross the previous week high and was followed with losses of around 1%. As Nifty 50 has also been trading below 50 DMA for 17 trading sessions, such lower high formation in Nifty in USD terms should be seen as ‘Double Top ‘ formation and should be followed with a downside of at least 16% in the coming days....