For the past few years, a lot of young Indians are showing interest in starting their trading journey in the Indian stock market, looking to ensure financial stability by diversifying portfolios. Trading in stocks doesn’t need a degree but requires a thorough knowledge about the market before starting investment journey. What is a demat account? … Read more
Brent crude futures for June, which expire on Tuesday, were last down 60 cents, or 0.7 per cent, at $87.8 per barrel. The more active July contract fell 97 cents, or 1.1 per cent, to $86.21. The US West Texas Intermediate (WTI) crude futures were last down 83 cents, or one per cent, at $81.82 … Read more
Investors need to open a demat account with a Depository Participant (DP), which acts as a bridge between an investor and a depository. There are two major share depositories in India: NSDL (National Securities Depositories Limited) and CDSL (Central Depositories Services Limited). Both are registered with the government and incorporated by market regulator SEBI. They … Read more
Nifty 50, which represents the country’s top 50 blue-chip companies across various sectors, closed the final trading day (Tuesday) of April, touching a historic peak of 22,783 points, marking a 0.61% increase. This surpasses its previous record high of 22,725 points. Today’s achievement signifies the index reaching a new peak approximately six times throughout April, … Read more
As May approaches, it brings with it a series of important dates and deadlines for taxpayers to remember. From depositing taxes deducted or collected to issuing TDS certificates and filing various statements, May is a crucial month in the income tax calendar. To help you stay on top of your tax obligations, here’s a comprehensive … Read more
Stock Market Today: The Nifty Auto index gained more than 2% on Tuesday. Mahindra & Mahindra , Hero MotoCorp, Bajaj Auto , Tata Motors, Eicher Motors and Maruti Suzuki India share prices were among largest Nifty gainer and with up to 5% gains propelled the index The volume performance for April’ 2024 is likely to … Read more
I am 28 and earning ₹6 lakh annually. I have term insurance of ₹60 lakh. I also have health insurance of a family floater of ₹5 lakh covering me, my wife and our 3-year-old daughter). Now, I came to know about critical illness insurance. Which aspect should I take care of while purchasing critical illness insurance? … Read more
Buy or sell stocks for today: The Indian stock market indices, Sensex and Nifty 50, concluded with substantial increases, driven by robust purchasing activity in banking and financial sectors, on Monday, April 29. This surge followed the positive performance of key players within these sectors during the March quarter, contributing to the overall bullish sentiment … Read more
Physical shares can be dematerialised if they have the company’s name and face value on them. To verify the physical share certificate, visit bseindia.com and enter the company name or ISIN. If the face value on the certificate does not match the current face value, clients should contact the Registrar and Transfer Agents (RTA) to … Read more
A recent report released by NetApp, a leading intelligent data infrastructure company, has shed light on the stark division between countries at the forefront and those lagging behind in the adoption of artificial intelligence (AI). The comprehensive study offers insights into the progress, challenges, and momentum surrounding AI adoption, emphasizing the pivotal role of a … Read more