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By just opening a demat account, you gain access to trading various instruments like stocks, bonds, derivatives, currencies, and commodities. The other benefit is that you can also take part in IPO (initial public offering) bidding, receive dividends, and obtain bonus shares directly into your account. Besides the demat account, there is another account known … Read more
Wipro’s share price rose 121.43 per cent during Thierry Delaporte’s tenure as chief executive officer (CEO) and managing director (MD) of India’s fourth-largest technology major. Delaporte took over as Wipro boss in July 2020 when the Wipro’s closing price was seen at ₹219.05 (on July 1, 2020) compared to the latest closing price of ₹485.05 … Read more
If you like scary movies, then you are going to enjoy this psychological scary movie called First Omen. It has everything you need to sit on the edge of your seat (or be stuck to it out of sheer fright) and the most important thing: a story that will keep you interested, even after the … Read more
Multibagger IPO: For a smart equity investor, the investment strategy for an initial public offering (IPO) is not much different from the stock investment strategy because investing in an IPO is like investing in a stock. So, one should try and hold the stock after share allocation as long as one can. This enables an … Read more
Do you have a special affection for precious metals such as gold? If yes, then you do not necessarily have to invest in the physical gold only. You may even invest in their digital avatar as well. These include sovereign gold bonds (SGBs) and gold ETFs (exchange traded funds). It is vital to note that … Read more
Mentha Oil Rate Today fell 0.6% on Apr 5 2024 4:59PM. The Mentha oil futures contracts with expiry 28 Jun 2024 dropped to ₹915.00. In the past 1 day, the Mentha oil rate on MCX has decline 0.6% from ₹925.70 to ₹915.00. Mentha oil is an essential oil obtained from a mint plant and India … Read more
This is believed to be either the last or perhaps second last meeting before the interest rates are eventually slashed after a long hiatus. A Reuters poll predicted that the RBI is expected to cut rates in the Sept quarter. Notably, the banking regulator had raised the repo rates by a cumulative of 250 basis points … Read more
Gold prices surged to achieve a fresh all-time high on Friday, propelled by various factors such as expectations of a U.S. interest rate cut, speculative purchasing, and central bank acquisitions, sustaining the ongoing upward momentum of bullion despite robust job growth in the United States during March. As of 10:57 a.m. EDT (1456 GMT), spot … Read more
With the Unified Payments Interface (UPI) having gained massive popularity for an array of transactions, depositors will soon be able to use this phone banking interface service to deposit cash at cash deposit machines (CDMs) at ATMs and bank branches. Although it is a natural progression in the continuum of fintech evolution we are all … Read more
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) conducted its joint ministerial monitoring committee meeting (JMMC) earlier this week and kept the supply policy unchanged till mid-2024, while pressing some oil producing nations to increase the compliance with output cuts. The April 3 policy decision by OPEC+ led to a spike in international … Read more
