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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.

Stock Broker License

How to Get Stock Broker License in India

In order to obtain a licence as a stock broker in India, one must comply with the regulatory standards established by the Securities and Exchange Board of India (SEBI). Here’s a thorough guide: 1. Qualification Standards: Educational Requirements: Usually, a bachelor’s degree in economics, finance, commerce, or a similar discipline is needed. Experience: It is …

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Sensex and Nifty Today

Today’s Stocks Market Updates (14 February 2024)

VALUATIONS SENSEX PE Ratio 24.54 NIFTY PE Ratio 22.59 Source: NSE and BSE BSE SENSEX 71822.83 +267.64 +0.37% NIFTY 50 21840.00 +96.70 +0.44% NIFTY Bank 45908.30 +405.90 +0.89% BSE MID CAP 39255.92 +490.05 +1.26% BSE SMALL CAP 44796.59 +512.11 +1.16% GOLD (Rs./ 10 gm) 61,230.00 -274.00 -0.45% SILVER (Rs./kg) 69,533.00 -106.00 -0.15% USD/INR 83.06 +0.04 …

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Indian Launched UPI

Indian Launched UPI Payment services in Sri Lanka and Mauritius

India has taken a significant step towards bolstering its financial cooperation and digital connectivity with the successful launch of its Unified Payment Interface (UPI) services in Mauritius and Sri Lanka. Additionally, in Mauritius, RuPay card services have been introduced, further enhancing the reach of Indian digital payment solutions. Through these strategic initiatives, India aims to …

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Sensex and Nifty Today

Today’s Stocks Market Updates (13 February 2024)

VALUATIONS SENSEX PE Ratio 24.47 NIFTY PE Ratio 22.5 Source: NSE and BSE BSE SENSEX 71555.19 +482.70 +0.68% NIFTY 50 21743.30 +127.30 +0.59% NIFTY Bank 45502.40 +620.10 +1.38% BSE MID CAP 38765.87 +234.73 +0.61% BSE SMALL CAP 44284.48 +77.70 +0.18% GOLD (Rs./ 10 gm) 61,650.00 -428.00 -0.69% SILVER (Rs./kg) 70,034.00 -975.00 -1.37% USD/INR 83.00 -0.01 …

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NISM VA certification

What is NISM VA certification? Examination, Eligibility Criteria

An industry standard test used in India to verify the expertise and ability of those working in the mutual fund distribution industry is the NISM VA (National Institute of Securities Markets – Mutual Fund Distributors) certification. The Securities and Exchange Board of India (SEBI) established the National Investor School (NISM) with the goal of defending …

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Sensex and Nifty Today

Today’s Stocks Market Updates (12 February 2024)

VALUATIONS SENSEX PE Ratio 24.31 NIFTY PE Ratio 22.38 Source: NSE and BSE BSE SENSEX 71072.49 -523.00 -0.73% NIFTY 50 21616.00 -166.50 -0.76% NIFTY Bank 44882.30 -752.25 -1.65% BSE MID CAP 38531.14 -1038.43 -2.62% BSE SMALL CAP 44206.78 -1443.52 -3.16% GOLD (Rs./ 10 gm) 62,023.00 -271.00 -0.44% SILVER (Rs./kg) 70,982.00 +208.00 +0.29% USD/INR 83.02 -0.03 …

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Bank Deposit vs Mutual Fund

Bank Deposit vs Mutual Fund

Mutual funds and bank deposits are two popular investing choices, each with unique traits, advantages, and dangers. Investors must be aware of the distinctions between these options in order to make wise choices depending on their investment horizon, risk tolerance, and financial objectives. Deposits in banks: Savings accounts, certificates of deposit (CDs), and fixed deposits …

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IRDA and its role

What is IRDA and its role? Exam and Certification!

Overview of IRDA Established by the Insurance Regulatory and Development Authority Act, 1999, the Insurance Regulatory and Development Authority of India (IRDA) is a statutory agency. Its main goal is to promote and regulate India’s insurance sector. In addition to fostering fair competition and ensuring the financial soundness of insurance businesses, IRDA safeguards the interests …

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Sensex and Nifty Today

Today’s Stocks Market Updates (09 February 2024)

VALUATIONS SENSEX PE Ratio 24.46 NIFTY PE Ratio 22.51 Source: NSE and BSE BSE SENSEX 71595.49 +167.06 +0.23% NIFTY 50 21782.50 +64.50 +0.30% NIFTY Bank 45634.60 +622.60 +1.38% BSE MID CAP 39569.57 -325.85 -0.82% BSE SMALL CAP 45650.30 -629.53 -1.36% GOLD (Rs./ 10 gm) 62,440.00 -3.00 0.00% SILVER (Rs./kg) 71,024.00 +187.00 +0.26% USD/INR 82.99 +0.01 …

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Repo Rate Unchanged

The Repo Rate is Left Unchanged by the RBI for the Sixth Time in a Row

The task of determining the policy repo rate to meet the inflation target while keeping growth in mind has been given to the monetary policy committee. Although it is still high and was 5.69 percent in December 2023, retail inflation in the current fiscal year has decreased from its top of 7.44 percent in July …

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