Wealth Creation Myths Every Young Investor should Know!
Financial security, a decent lifestyle, and financial freedom are the most important things that we all want in our lives, isn’t it? However, because of our hectic schedule, we tend to shift our focus from the goal and only consume the information known by the masses, which often turn out to be nothing but myths. You even tend to develop antiquated ideas about wealth creation in due course of...
Pre Market Analysis – 9th Dec 2021
Markets extended gains on Wednesday to close higher by 1.8% led by banks and technology stocks on back of upbeat global markets and RBI action. The RBI kept the rates unchanged and extended LTRO stimulus till Jan 2022. With yesterday’s up move, Nifty has moved closer to previous week high which turned out to 17489 and Nifty in USD terms 0.8% away. The larger setup in the market still...
Pre Market Analysis – 8th Dec 2021
Markets rebounded sharply on Tuesday reversing its Monday losses after Bank Nifty rallied by 2.5% from the crucial support of 200 DMA on back of global cues and ended above 36500. However despite the upmove, both Nifty and Bank Nifty continue to remain below 50 DMA and 100 DMA thus turning any upmove unsustainable in near term. Infact Bank Nifty has thrown up bearish pennant formation which...
Pre Market Analysis – 7th Dec 2021
Markets succumbed to selling pressure on Monday with selling seen across the sectors and Nifty surrendering below crucial support of 17030. The Nifty Non IT Index has re-activated the breakdown of rising wedge thus opening space of 28% downside in the near term. Immediate target for Nifty is seen at 15100 in the coming days while Bank Nifty is likely to trigger selling below 36710 which turns...
Rategain Travel Technology Limited:
(High risk takers may Subscribe) Issue Size- 31,405,530 sharesIssue Open/Close – Dec 07 /Dec 09, 2021Price Band (Rs) 400- 425Issue Size- Rs 13.35 bnFace Value (Re.) 1Lot Size (shares) 35 Rategain Travel Technology Limited (RTTL) is among the leading distribution technology companies globally and is the largest Software as a Service (SaaS) company in the hospitality and travel industry...
Shriram Properties Limited: IPO
(High risk/Cash surplus may Subscribe) Issue Size- 5 crore sharesIssue Open/Close – Dec 08 /Dec 10, 2021Price Band (Rs) 113-118Issue Size- Rs 6 bnFace Value (Rs) 10Lot Size (shares) 125 Shriram Properties Limited is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories. They are among the 5...
Pre Market Analysis – 06th Dec 2021
Markets witnessed sharp reversal on Friday after Nifty in USD terms failed to carry momentum beyond 38.2% of entire downmove and was followed with weekly closing below 17312. Markets are vulnerable to major downfall as Nifty has been trading below 50 DMA for 11 trading sessions and this clearly means the next leg of decline would be severe with further downside in Nifty seen around 20%....
Clubbing Of Income – FFC 51
Clubbing of Income means that the Income of some other person would also be included in your Income. You would be required to pay tax on such income of the other person.The provisions of clubbing of Income were introduced by the Govt so as to ensure that a person does not try to reduce his tax liability by splitting his income in different names.We recommend you to watch our video...
Pre Market Analysis – 3rd Dec 2021
Indian markets rallied in line with positive global cues after US raised debt ceiling till 15 Feb averting government shutdown. Nifty rallied around 1.5% to close above 17400 led by gains from technology stocks. In past two days, Nifty in USD terms has retraced 38.2% in a-b-c form of entire fall and prices still remains vulnerable for Wave 3 sell off as long prices trading below the...