Posts

Showing posts from July, 2020

How To Compare Discount Brokers In India?

Image
comparison of discount brokers in India With the ultimate rise of many prolific  discount brokers in India . The Indian broking enterprises saw a massive depletion and disruption in other broking institutions. These discount brokers offer a cheaper brokerage plan, which is how they can build competition among others and manage their customer base. Due to such disruptions, many existing brokers and firms started to duplicate the concept and offer cheaper plans than traditional brokers. Almost after decades since such brokers started getting attention, and the concept of discount brokers became extremely popular. What is a discount broker? Discount brokers offer low brokerage, they possess high speed and has a faster platform for trading in stocks, commodities and currency derivatives. The brokerage charges implemented while trading with some of the most esteemed discount brokers is less as compared to the conventional once. Many such traditional companies in India include HDFC Securit

Zerodha Brokerage- How does it cover cutting grounds?

Image
Zerodha  is a company that offers  financial services  based in India. It offers retail and institutional booking; currencies and commodities trading are also performed by the company. The headquarters of the company is in  Bangalore  but has a branch in major cities in India. In 2019, the company is the  largest retail stockbroker  in the country by an active client base and also contributes upwards of 2% of daily retail volumes across the country’s stock exchange. In June 2020, the company  joined the unicorn club  and has a self-valuation of about  $ 1 Billion . The valuation is based o ESOP buyback exercise. The Goal Of The Company Was To Reach New Heights The company started operations on the  15 th  of August, 2010 . They had a goal of breaking barriers when it came to traders and investors in the country. They deal with cost, support,and technology. Today, the company’s disruptive pricing models and in-house technology has made them one of the best and biggest brokers in

Dow Jones live Points- What You Need To Know?

What is DOW Jones Live Point? The Dow Jones industrial average is the benchmark index for blue-chip stocks. It is a stock market index that evaluates the performance of 30 of the biggest companies. Latest Dow Analytics: The  Dow Jones  Industrial Average closed at 580.25 points, which is 2.3% to 25,595.80. The close down was the best since June 5th. The traders seemed to start the week off quite excitedly with the rising points. The corona virus pandemic that loomed over the global economy did not hamper the trade. The share prices of Boeing rose to 14.4%. This was following the certification of the Boeing 737 Max that began on Monday. The test is critical for investors since Boeing has been undergoing one of the worst corporate crises. The crisis was due to the two airplane crashes that resulted in the death of 346 people. The next biggest gain contributor to Dow was the Apple company. The share prices rose to 2.3%. Facebook closed at 2.1%. The social media platform took a hit after m

How to calculate Bank Nifty?

Image
Bank Nifty and How it is calculated? Bank Nifty   holds and represents 12 most liquid and large capitalized stocks from the banking sector which trade on the  National Stock Exchange (NSE) . It also provides investors and market intermediaries a benchmark that captures the capital market performance of the country’s banking sector.   However, the market rallied 40 percent in March, which was backed largely by liquidity and the hope of re-opening of economies globally after stringent lockdowns. The Nifty Auto index gained 45 percent from its lows. The market value is of built resistance On Thursday, 25th June 2020, the shares closed slightly lower. The International Monetary Fund predicted the Indian economy may shrink by 4.5% this year. The NSEI ended at 0.16% to 10,288.90.  The BSESN dropped 0.1% to 34,842.10. The Nifty 50 index has risen to about 37% after 4 years of hitting low. The economy saw foreign investment in the c

Bank Nifty Live Scores and How Does it Work?

Image
A  Bank Nifty  is one that represents large and liquid capitalized stocks. These stocks from the banking sector are then traded on the  National Stock Exchange (NSE) . The stock also acts as a benchmark for investors and market intermediaries to assess the performance of the Indian Banking sector. The share bazaar is really tipping down On Thursday, 25 th  June 2020, the shares closed slightly lower. The International Monetary Fund predicted the Indian economy may shrink by 4.5% this year. The NSEI ended at 0.16% to 10,288.90.  The BSESN dropped 0.1% to 34,842.10. The Nifty 50 index has risen to about 37% after 4 years of hitting low. The economy saw foreign investment in the country, despite the continuing pandemic. The world stocks notably hit their  lowest  in a week by  Thursday . The IMF has predicted the possibility of a global recession in the economy. Investors have been closely monitoring Coronavirus cases across the globe. Mayuresh Joshi, Head of equity research at William O’

WHAT IS BANK NIFTY?

Image
N ifty Bank, or Bank Nifty, is an index comprised of the most liquid and large capitalised Indian banking stocks. It provides investors with a benchmark that captures the capital market performance of Indian bank stocks. The index has 12 stocks from the banking sector. The top stocks of the index include HDFC Bank Ltd. 31.61%, ICICI Bank Ltd. 18.20%, Axis Bank Ltd. 13.02%, Kotak Mahindra Bank Ltd. 12.74% and State Bank of India 10.92%. Bank Nifty , like others, is computed using free float market capitalization method. It's index variant includes NIFTY Bank Total Returns Index or Bank Nifty TRI. The index was launched in 2003. The down trend in the market The Indian shares in particular hasrisen as of July2 nd , 2020. This alignment with the regulatory approvals of COVID-19 drug production. Theapprovals single-handedly lifted the pharmaceutical stocks. The clash in China has been putting stress on the stock market as well. Despite this, the NIPHARM stock has surged at aroun

How To Open A Demat Account With Zerodha?

Image
Zerodha demat account  is one of the key services offered by the company. The service is part of its 2-in-1 account   which offers the customer an integrated trading account and a demat account for seamless transactions between them. zerodha is an Indian financial service company that provides retail and institutional broking, trading of currencies and commodities, investment in mutual funds and bonds. Zerodha is known for its technology, innovations and discount pricing. Zerodha currently is a member of NSE, BSE, MCX, and MCX-SX. Zerodha started its operations on 15 th August 2010 with the aim of providing technological, innovative, cost-effective and easier ways to investors and traders to help them succeed and achieve their financial objectives.  Today, Zerodha is known as India’s No.1 Stock Broker because of its technology and convenient pricing models.It is India’s biggest stockbroker because of the active retail clients and also, biggest by the trading volumes, making to the top