My Finopedia

Myfinopedia informs its users to decide which alternative is appropriate for them as per their understanding of the markets after getting clear pictures of the intricacies involved.

Sensex and Nifty Today

Today’s Stocks Market Updates (20 December 2023)

VALUATIONS SENSEX PE Ratio 24.93 NIFTY PE Ratio 22.6 Source: NSE and BSE BSE SENSEX 70506.31 -930.88 -1.30% NIFTY 50 21150.20 -302.90 -1.41% NIFTY Bank 47445.30 -425.60 -0.89% BSE MID CAP 35056.63 -1129.47 -3.12% BSE SMALL CAP 40879.42 -1448.18 -3.42% GOLD (Rs./ 10 gm) 62,428.00 -48.00 -0.08% SILVER (Rs./kg) 74,755.00 -69.00 -0.09% USD/INR 83.21 +0.01 …

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Sensex crosses the 70,000

What exactly shall be your strategy when the Sensex crosses the 70,000 mark?

On December 11, the Sensex had its first-ever break above 70,000, while the Nifty reached 21,000, indicating that the bullish momentum in the equity market persisted. In its latest policy decision, which was made public last week, the RBI stated that it is witnessing a rise in private consumption, a fortification of manufacturing, and buoyancy …

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Sensex and Nifty Today

Today’s Stocks Market Updates (19 December 2023)

VALUATIONS SENSEX PE Ratio 25.24 NIFTY PE Ratio 22.92 Source: NSE and BSE BSE SENSEX 71437.19 +122.10 +0.17% NIFTY 50 21453.10 +34.40 +0.16% NIFTY Bank 47870.90 +3.20 +0.01% BSE MID CAP 36186.10 -113.88 -0.31% BSE SMALL CAP 42327.60 +42.33 +0.10% GOLD (Rs./ 10 gm) 62,317.00 +26.00 +0.04% SILVER (Rs./kg) 74,630.00 +220.00 +0.30% USD/INR 83.19 +0.13 …

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What is Bitcoin and How Does It Operate

What is Bitcoin and How Does It Operate?

With the use of peer-to-peer networks and decentralised digital money like Bitcoin, transactions may be made safely and transparently without the need for a central authority like a bank. Fundamentally, blockchain technology powers Bitcoin. A distributed ledger called the blockchain keeps track of every transaction made over a network of computers. As it can be …

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Sensex and Nifty Today

Today’s Stocks Market Updates (18 December 2023)

VALUATIONS SENSEX PE Ratio 25.45 NIFTY PE Ratio 22.88 Source: NSE and BSE BSE SENSEX 71315.09 -168.66 -0.24% NIFTY 50 21418.70 -38.00 -0.18% NIFTY Bank 47867.70 -275.90 -0.57% BSE MID CAP 36299.98 101.63 0.28% BSE SMALL CAP 42285.27 202.06 0.48% GOLD (Rs./ 10 gm) 62,068.00 -124.00 -0.20% SILVER (Rs./kg) 74,591.00 +66.00 +0.09% USD/INR 83.06 +0.05 …

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Value Investing vs Growth Investing

Value Investing vs Growth Investing: Which Approach is Right for You?

Investing is a crucial part of financial planning, and choosing the right investment strategy is essential to achieving financial goals. Value and growth investing are two popular methods that investors often consider. The decision between the strategies is based on a number of considerations, and each has advantages and disadvantages. Additionally, with the increasing digitization …

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GST Full Form

Let’s Understand GST (Goods and Service Tax)

The Goods and Services Tax (GST) is a fiscal policy that has the potential to drastically change a nation’s tax structure. Introduced to promote economic efficiency, the Goods and Services Tax (GST) combines several indirect taxes into a single, multi-stage tax. Fundamentally, GST is a consumption-based tax that is applied to every step of the …

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Why is the Indian Stock Market Rising

Why is the Indian Stock Market Rising?

A number of national and international variables have contributed to the growth of the Indian stock market. Domestically, the government’s favourable policy initiatives and economic reforms are vital. Investor confidence is bolstered, for example, by the launch of initiatives such as “Make in India” and the drive towards a digital economy. Furthermore, a more open …

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Sensex and Nifty Today

Today’s Stocks Market Updates (15 December 2023)

VALUATIONS SENSEX PE Ratio 25.32 NIFTY PE Ratio 22.92 Source: NSE and BSE BSE SENSEX 71483.75 +969.55 +1.37% NIFTY 50 21456.70 +274.00 +1.29% NIFTY Bank 48143.60 +411.30 +0.86% BSE MID CAP 36198.35 -25.51 -0.07% BSE SMALL CAP 42083.21 +241.28 +0.58% GOLD (Rs./ 10 gm) 62,521.00 +67.00 +0.11% SILVER (Rs./kg) 75,165.00 +89.00 +0.12% USD/INR 83.19 -0.11 …

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