Technical Breakout Stocks: How to trade UNO Minda, KNR Constructions and Amara Raja Batteries on Friday
The Indian market closed in the green for the second day in a row on Thursday tracking positive cues. The S&P BSE Sensex rose nearly 700 points while the Nifty50 rose more than 200 points. Sectorally, buying was seen in capital goods, public sector, and realty stocks. Stocks that were in focus include names like […]
Technical Breakout Stocks: How to trade PNC Infratech, BEML and IRB Infrastructure on Thursday
The Indian market closed in the green on Wednesday. The S&P BSE Sensex rose 267 points while the Nifty50 closed just below 22,600 levels. Sectorally, buying was seen in utilities, energy, FMCG and realty while selling was seen in metal, banks, consumer durables and oil & gas stocks. Stocks that were in focus include names […]
Demat Account: How to check transaction history? Here’s a step-by-step guide
A demat account functions similarly to a bank account or an online wallet, but instead of storing money, it holds your financial investments, such as bonds, equities, and mutual funds. To utilise this service, you need to open an online demat account with a registered broker. This digital approach facilitates easy trading without requiring manual […]
How to choose the perfect property investment strategy
The UAE attracts different kinds of property investors, and the availability of diverse options means home buyers can choose a unit that is best suited for either a short-term or long-term lease. This decision is usually based on various factors such as rental yields, capital appreciation, location, market conditions, supply and demand and individual investment […]
How to stay protected from pig butchering financial scams? Here are 7 key steps
In simpler terms, pig butchering is a version of smishing where scammers use social media platforms for cyber theft. As the name suggests, the victim is being ‘fattened up’ through validation and friendship before ‘butchering’ i.e. stealing of funds. A simple ‘Hi/Hello’ on a social media platform from a stranger’s profile can turn into a […]
EPF: How to know your UAN? A step-by-step guide
The Universal Account Number (UAN) is the identity number for all EPFO (Employees’ Provident Fund Organisation) subscribers which works like PAN for income tax payers. It works like a common identification ID for EPF subscribers who may have multiple employers in quick succession. This effectively means subscribers can have numerous member IDs given by as many […]
Demat Account: How to get portfolio diversification right? Here are 9 ways
What is Portfolio Diversification? Portfolio diversification is a crucial concept in finance, epitomised by the adage “Don’t Put All Your Eggs in One Basket.” This principle underscores the importance of spreading investments across various asset classes to mitigate risk. By diversifying across equities, commodities, currencies, and bonds, investors can shield themselves from unforeseen market movements, […]
How to beat Labour tax hikes with your Isa
The party has ruled out increasing income tax, National Insurance or capital gains tax if it wins the next election. But some believe Rachel Reeves, the shadow chancellor, will have to raise taxes if the party is to fund its spending pledges – and if that is the case then taxes on “unearned income” from […]
How to invest £1,000 – and make it work as hard as possible
Adding some fixed income exposure to those equities – a 20pc bonds, 80pc stocks mix – reduces the volatility. A portfolio with this mix typically falls less, reduced to 19pc before recovering over time. Return expectations are also dampened with volatility however, and an average return on £1,000 over five years is £1,892. Still too […]
How to check your EPF account balance? A step-by-step guide
The Employees’ Provident Fund (EPF) stands as an excellent avenue for retirement savings in India. It promotes consistent savings by involving contributions from both employees and employers. The automatic deduction from your salary for EPF renders it an exceedingly convenient method for retirement savings. Below is an outline of the contribution framework: Employee’s contribution: Typically, […]