“Q2 provided a hope that H2 will add more colour to earnings growth, which has been dull in the last five quarters. At the same time, expectation also build-up about likely government measure to provide more stimulus to the economy and equity market with changes in tax structure like income tax, LTCG & DDT,” Vinod Nair, Head of Research at Geojit Financial Services, told Moneycontrol. … [Read more...] about Global brokerage view: 11% rally possible in Maruti stock; Titan downgraded to underperform
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Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about ‘Initiate fresh longs in Nifty in 11,930-11,990 range for a target of 12,246’
Also, payday loans are becoming popular among millennials. These are ultra-short term, unsecured and high-interest personal loans of small ticket sizes that fill the temporary gap in cash flows. The loan amount ranges between Rs 500 and a few lakh rupees. The interest rate is one per cent per day which translates to 365 per cent annually. Many millennials are using them for regular purchases and discretionary spends. Dev Ashish, founder of StableInvestor.com says, “If millennial borrowers aren’t careful, this line of high-cost credit can easily push them into a debt trap. Such loans should be avoided for discretionary spends.” … [Read more...] about Got your first job? Follow these steps to have a balanced money life
A Demat Account is an account that allows investors to hold shares and securities in an electronic format. Demat is an abbreviated word for dematerialisation (the process of converting physical shares into an electronic format). The Demat account remains in dematerialised form. With SEBI disallowing processing or transfer of physical shares of listed companies since March 31, 2019, having a Demat account for trading in share market in India has become mandatory. Also, a Demat Account can hold all the investments an individual make, including mutual funds, bonds, shares, government securities, exchange-traded funds etc. For instance, HDFC Bank Demat Services Demat account allows the investor to buy and sell as well as transact a whole lot of products, other than shares and stocks, easily, quickly and without any paperwork and all conveniently under one roof, and within the comforts of your home. HDFC Bank Demat account offers you a safe, online and seamless mode to keep track of your … [Read more...] about HDFC demat account: Its charges, account opening process, etc.
“Typically, such stocks have to be sold on rallies rather than waiting for some weakness. Eg. Dr. Lal Pathlabs has corrected severely by 13 percent in just 4 days after having a run up of around 20 percent to its all-time high,” he said. … [Read more...] about Blue chips top MF’s buying list; raises stake in nearly 400 companies in Q2