{"id":10255,"date":"2020-11-09T16:00:11","date_gmt":"2020-11-09T10:30:11","guid":{"rendered":"https:\/\/www.mintyapp.in\/blog\/?p=9203"},"modified":"2022-01-20T17:38:27","modified_gmt":"2022-01-20T12:08:27","slug":"daily-market-analysis-9th-nov-2020","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/daily-market-analysis-9th-nov-2020\/","title":{"rendered":"Daily Market Analysis \u2013 9th Nov 2020"},"content":{"rendered":"\n<ul><li>Post Joe Biden&#8217;s selection as U.S President, there is positivity in the Indian stock market. The Indian pharma sector will expect to benefit from Biden as he proposes affordable health insurance by protecting and strengthening The Affordable Care Act, which ensures a reduction in healthcare costs and access to health insurance for Americans.<\/li><\/ul>\n\n\n\n<ul><li>Gold and Silver rallied for the same reason, post-election US Softened dollar led by the possibility of smaller stimulus packages under Joe presidency.<\/li><\/ul>\n\n\n\n<ul><li>Rupee appreciated as USA dollar hit a 10-week low as investors think a calmer White House could boost world commerce and that monetary policy will remain easy.<\/li><\/ul>\n\n\n\n<p>Also read: <a href=\"https:\/\/www.fintoo.in\/blog\/3-money-ratios-that-can-help-manage-your-finances\/\" target=\"_blank\" rel=\"noreferrer noopener\">3 Money Ratios that can help manage your finances<\/a><\/p>\n\n\n\n<ul><li>Paytm aims to disburse Rs 1000cr small loans by March, up from Rs 500cr from last financial year. They offer collateral-free loans up to Rs5lakhs with no prepayment charges on these loans.<\/li><\/ul>\n\n\n\n<ul><li>Surge in GST numbers, the monthly GST returns in October saw a 36% jump compared with the corresponding period a year ago as the collection grew by over 10% in the month and breached 1lakh crore mark for 1<sup>st<\/sup> time in the current fiscal. It has also been possible due to improvement in GST infrastructure compared to the previous year.<\/li><\/ul>\n\n\n\n<ul><li>Govt Plans to sell up to 15% stake in IRCON international through offer-for-sale shares. Total current govt holding is 89.18. At the current market price(CMP) govt could raise about Rs 540 crore.<\/li><\/ul>\n\n\n\n<p><em>A financial planning platform where you can plan all your goals, cash flows, expenses management, etc., which provides you advisory on the go. Unbiased and with uttermost data security, create your Financial Planning without any cost on:&nbsp;<a href=\"http:\/\/bit.ly\/Robo-Fintoo\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/bit.ly\/Robo-Fintoo<\/a><\/em><\/p>\n\n\n\n<p><em>To Invest and keep regular track of your portfolio download: Fintoo App Android&nbsp;<a href=\"http:\/\/bit.ly\/2TPeIgX\" class=\"broken_link\">http:\/\/bit.ly\/2TPeIgX<\/a>&nbsp;\/ Fintoo App iOS&nbsp;<a href=\"http:\/\/apple.co\/2Nt75LP\">http:\/\/apple.co\/2Nt75LP<\/a><\/em>\u2018<\/p>\n\n\n\n<p><em><strong>Disclaimer:<\/strong>&nbsp;The views shared in blogs are based on personal opinion and does not endorse the company\u2019s views. Investment is a subject matter of solicitation and one should consult a Financial Adviser before making any investment using the app. Making an investment using the app is the sole decision of the investor and the company or any of its communication cannot be held responsible for it.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Post Joe Biden&#8217;s selection as U.S President, there is positivity in the Indian stock market. The Indian pharma sector will expect to benefit from Biden as he proposes affordable health insurance by protecting and strengthening The Affordable Care Act, which ensures a reduction in healthcare costs and access to health insurance for Americans. Gold and [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":11903,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[503],"tags":[599,600,601,602],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Market Analysis \u2013 9th Nov 2020 - Fintoo Blog<\/title>\n<meta name=\"description\" content=\"Gold and Silver rallied for the same reason, post-election US Softened dollar led by the possibility of smaller stimulus packages under Joe presidency.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.fintoo.in\/blog\/daily-market-analysis-9th-nov-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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