Intraday trading involves short-term trading lasting less than a day, to make a profit from the financial markets. Various intraday trading strategies used by various traders are accompanied by many myths and beliefs. Some believe that this is a way to get rich quick, which is not always true, while others believe that it is impossible to make profits from intraday trading in the long term, which is not always true. Also, many traders put their emphasis on various intra-trading tools, which is not bad thinking. However, you need to…
Month: October 2020
How to invest in an IPO…
IPO investment is generally considered the first step towards investing in the stock market. However, you have to understand the process of how to invest in an IPO. Here, there is a need to adopt a particular rule or guide so that there is no unnecessary mistake or problem? Therefore, in this article today, let our readers discuss the process of how to invest in an IPO. In this article, we will cover some aspects of how to invest in an IPO such as how you can proceed with IPO…
What is Equity Fund and how to invest in it?
Do you know what is Equity Fund? There is no concrete information related to these funds on any website. For this, today we have brought these posts related to equity funds for you. Our post will answer all the questions related to your equity funds. We have already told you about Mutual Funds on our website, what are these Mutual Funds and how do they work. So as we said earlier, we can divide Mutual Funds in 3 ways: debt, hybrid and third equity. Equity Fund is a scheme of…
How to save income tax in India?
In India, all matters related to income tax are monitored under the Income Tax Act, 1961. According to this Act (Act), it is necessary that your income or benefit is subject to taxation every financial year, that is why you must know how to save income tax. Depending on your total income, you can choose various tax benefit investment options (tax benefit investment option) and plan income tax savings accordingly. To know more deeply about the various ways through which you can save tax, you need to understand how the…
Big news for those investing in Mutual Fund! Your schemes will change, know everything
SEBI (SEBI) has asked mutual fund companies to change the name of their Dividend Plan. These include both existing and new schemes. The regulator has also asked fund houses to clearly tell investors that they give some of their capital as dividend. Explain that fund houses offer three types of dividend options. The names of these three are to be changed for each existing scheme with new fund offer (NFO). The dividend reinvestment will be named Reinvestment of Income Distribution cum Capital Withdrawal Plan. Dividend Transfer plan will be known…
You can get Corona Health Policy renewed and ported
Covid-19 Health policies have become very popular among the people in a short time after the launch of IRDA’s permission. According to IRDA’s chairman Subhash Kunthia, 60 lakh such policies were sold till September. Insurance regulator IRDA has taken an important decision in the interest of customers. It has allowed insurance companies to give policyholders the option to renew, migrate and port Corona Health Insurance policy. These policies were launched in June. These standard health insurance policies include corona protectors and corona armor. Their duration is 3.5 months, 6.5 months…
Why is RBI buying more dollars in the forward market than spot?
The central bank bought $ 10.7 billion worth of dollars in the forward market in August. In comparison, it bought $ 8.5 billion worth of dollars in the spot market. In August, the Reserve Bank of India (RBI) bought more dollars from the forward market than the spot market. This is the first time in six years. The reason for this is that the central bank did not want any pressure on the liquidity of the rupee by buying dollars from its spot market. According to RBI data, the central…
The 4.5 year record has been broken, the market has climbed for the 10th consecutive season
On Wednesday, the stock market broke a record of four and a half years. The market managed to close with a 10th consecutive session. For the first time since January 2015, domestic stock markets closed for the 10th consecutive session. The market was open in the morning with weakness. The BSE Sensex closed at 40,795 with a light strength of 169 points or 0.42 per cent. At the same time, the Nifty 50 index ended the business at 11,971, registering a gain of 37 points or 0.31 per cent. The…
Gold Price: Gold rises due to strong foreign signals
On Wednesday, gold futures were up 0.23 per cent, or Rs 115, at Rs 50,360 per 10 gram in the commodity exchange MCX in the domestic market. Gold and silver prices saw a rise on Wednesday. Strong signals from overseas markets impacted the domestic market. The hope of announcing the relief package in America soon is ending. Gold has got support from this. Parliament Speaker Nancy Pelosi in the US has rejected the proposal of a $ 1.8 trillion relief package from the White House. He has said that this…
Tax Savings – Public Provident Fund (PPF).
The account is a long-term savings institution provided by the central government, entered into force from 1 July 1968. This investment gives us ASSURED RETURNS & PROVIDE OLD AGE INCOME SECURITY for everyone. By investing in a P.P.F account, we can see the power of COMPOUNDING in the long run. This account is the E.E.E. Is under the rule. Features. WHO CAN – Any person – Resident, over 18 years old, Minor via Guardian.. Eligibility. Who can – non-resident, H.U.F., foreigner.. Entry age. No age limit for opening A /…