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T+1 Settlement Cycle

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  Stock Market Shifts to T+1 Cycle   Indian stock market has shifted to a shorter settlement cycle on 25th Feb 2022. In the first phase, 100 stocks based on the lowest market capitalization on NSE were put under the new settlement cycle. It means shares falling in this settlement cycle will get their money or shares delivered within 24 hours. 500 more stocks will be added on the last Friday of every month. This move of reducing the settlement cycle will increase retail participation because of more liquidity within the available funds.

Golden Rules of Success

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 Golden Rules of Success 1. Price is what you pay. Value is what you get. 2. Never invest in a business you cannot understand. 3. Risks come from not knowing what you are doing. 4. If the business does well the stock eventually follows. 5. If you are not thinking about owning a stock for 10 years, don't even think of owning it for 10 minutes.  6. Rule No. 1: Never lose money.     Rule No. 2: Never forget rule no. 1. 7. It's better to buy a wonderful company at a fair price, than a fair company at a wonderful price. 8. Never invest in borrowed money. 9. Keep realistic expectations. 10. Have a disciplined approach.

Alert LIC Policyholders For IPO

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LIC IPO ALERT POLICYHOLDERS The government currently owns 100 percent of LIC. The government intends to sell a portion of its stock to the public. In order to participate in such an IPO policyholders will need to ensure that their PAN details are updated in the records. Therefore the two things that policyholders need to be able to apply for LIC IPO 1. The policyholder's PAN should be updated on the LIC portal. 2. The policyholder should have a Demat account. HOW TO CHECK PAN-LIC STATUS 1. Click     https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus 2. Enter Policy Number, Date Of Birth, Your PAN, Enter Captcha then press Submit button. DEMAT ACCOUNT One of the pre-requisites for applying for share allotment in an IPO is Demat Account There is no need to open a new Demat Account if a LIC policyholder already has one. If you don't have a Demat Account you can open one with the Depository Participants. You can open your Demat and Trading account here https://upstox.

Non-Fungible Token (NFT)

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Non-Fungible Token (NFT) NFTs are non-fungible tokens. It basically means that it's a one-of-a-kind of digital asset that belongs to you and only you.   NFT is a digital asset that represents real-world objects, like art, music, videos and game items. They are bought and sold online.  They are encoded with the same underlying software as many cryptos. Similar to cryptocurrencies these NFTs are bought and sold on specialized platforms. What is NFT? NFT gives us a way to have clear ownership over a digital item.  It allows us to buy and sell ownership of unique digital items that keep track of who owns them by using the blockchain. It contains anything digital like painting, songs, animated GIFs, or video games. Cryptocurrency and NFTs Cryptos are fungible means they can be exchanged. NFTs are non-fungible. Fungible means replaceable by another identical item.  Token of NFT is unique and irreplaceable. NFTs are bought and sold on a digital marketplace like goods are sold on Amazon. T

Stock Market Terms

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Stock Market Terms Stock Market - A place where equity shares of companies are bought and sold by participants. Shares - They are the individual units of ownership. Buy - To buy shares Sell  - To sell shares Bull - A market condition where people are expecting prices to rise. Bear - A market condition where people are expecting prices to fall. Bid - Price that buyers are willing to pay for a stock. Ask - Price that sellers are looking to get for their stock. Bid-Ask Spread - Difference between what people want to spend and what people want to get. Volatility -Rate at which price of the securities increases or decreases Dividend - Part of earnings paid to shareholders. Long- Betting on stock price to buy low and sell high. Short - Betting on tock to sell high and buy low. Broker - Person who gives you a platform to buy or sell stocks. Exchange - Place where different types of investments are traded. IPO - Initial public offering which happens when the privately traded company wants to b

How to Invest in Stocks?

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 How to Invest in Stocks? Stock investing if done properly is the most effective way to build long-term wealth. The steps are as follows: 1. Decide your investing approach       Determine your investing approach as the first step in investment.  There are different ways to invest      in the stock market. Some invest in individual stocks other invest in index funds. 2. Decide how much you will invest in stocks     A stock market is a place where you invest money in the long term. While there is uncertainty in stock prices in the short term. There is a quick rule of thumb that can help you in asset allocation. Take your age to subtract it from 110. This is the approx percentage you should invest in the stock market.      3. Open an investment account       To buy and sell shares you need to have an investment account. To do this you should have Demat and Trading account. You can open your Demat and Trading account by clicking the below link: ✔️ https://upstox.com/open-demat-account/?f=F

ICICI Prudential Silver ETF

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  ICICI Pru Mutual Fund Launches India’s First Silver ETF SEBI allowed mutual fund companies to invest in silver ETFs. ICICI Prudential Mutual Fund has come up with a silver ETF.  Silver ETF   As Nifty 50 ETF tracks the Nifty 50 index. Similarly, silver ETF tracks the price of silver by actually holding the commodity in its physical form. The benchmark of silver ETFs is the price of silver-based on LBMA (London Bullion Market Association). A silver ETF invests in physical silver on behalf of its investors. Key Features Scheme Name = ICICI Prudential Silver ETF NFO Period =05-012022 to 19-01-2022 Type of Scheme = An open-ended scheme tracking domestic prices of silver Minimum Application Amount =During NFO: Rs.100 and in multiples of Rs.1                                                                     During on going period: On the stock exchange, the investors can                                                                          buy and sell units of the scheme in a round lo