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 (14 December 2023)

VALUATIONS SENSEX PE Ratio 24.98 NIFTY PE Ratio 22.63 Source: NSE and BSE BSE SENSEX 70514.20 +929.60 +1.34% NIFTY 50 21182.70 +256.40 +1.23% NIFTY Bank 47732.30 +640.00 +1.36% BSE MID CAP 36223.86 +381.62 +1.06% BSE SMALL CAP 41841.93 +258.16 +0.62% GOLD (Rs./ 10 gm) 62,747.00 +1,548.00 +2.53% SILVER (Rs./kg) 75,025.00 +3,493.00 +4.88% USD/INR 83.31 -0.01 …

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What is Dogecoin and How Does it Work

What is Dogecoin and How Does It Work ?

A playful meme in 2013, Dogecoin is a cryptocurrency that has grown significantly in popularity. Dogecoin, which got its start as a parody of Bitcoin, uses the Shiba Inu dog from the “Doge” meme as its emblem. Dogecoin, despite its comedic beginnings, has grown into a devoted community and an unexpectedly strong ecosystem. From a …

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Sensex and Nifty Today

Today’s Stocks Market Updates (13 December 2023)

VALUATIONS SENSEX PE Ratio 24.63 NIFTY PE Ratio 22.36 Source: NSE and BSE BSE SENSEX 69584.60 +33.57 +0.05% NIFTY 50 20926.30 +19.90 +0.10% NIFTY Bank 47092.30 -5.30 -0.01% BSE MID CAP 35842.24 +375.88 +1.06% BSE SMALL CAP 41583.77 +299.76 +0.73% GOLD (Rs./ 10 gm) 61,128.00 -53.00 -0.09% SILVER (Rs./kg) 71,256.00 -606.00 -0.84% USD/INR 83.42 +0.04 …

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What is Ethereum

What is Ethereum?

Ethereum is a decentralized blockchain platform made to facilitate the development and use of smart contracts, which are self-executing legal agreements that have their terms encoded directly into the code. Beyond Bitcoin’s cryptocurrency focus, Ethereum brought a revolutionary idea when it was launched in 2015 by Vitalik Buterin and associates. Ether (ETH) is the currency …

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Sensex and Nifty Today

Today’s Stocks Market Updates (12 December 2023)

VALUATIONS SENSEX PE Ratio 24.65 NIFTY PE Ratio 22.34 Source: NSE and BSE BSE SENSEX 69551.03 -377.50 -0.54% NIFTY 50 20906.40 -90.70 -0.43% NIFTY Bank 47097.60 -216.70 -0.46% BSE MID CAP 35466.36 -144.14 -0.40% BSE SMALL CAP 41284.01 -110.59 -0.27% GOLD (Rs./ 10 gm) 61,215.00 +98.00 +0.16% SILVER (Rs./kg) 71,865.00 +1.00 +0.00% USD/INR 83.37 -0.01 …

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NFT, Explained - A Comprehensive Guide!

NFT, Explained – A Comprehensive Guide!

Non-Fungible Tokens, also known as NFTs, are distinct digital assets that serve as a means of proving ownership or validity for a particular thing—typically digital music, art, or other digital goods. Because each NFT is unique and built on blockchain technology, it can be distinguished from other tokens and is irreplaceable. The decentralised ledger of …

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Sensex and Nifty Today

Today’s Stocks Market Updates (11 December 2023)

VALUATIONS SENSEX PE Ratio 24.78 NIFTY PE Ratio 22.44 Source: NSE and BSE BSE SENSEX 69928.53 +102.93 +0.15% NIFTY 50 20997.10 +27.70 +0.13% NIFTY Bank 47314.30 +52.30 +0.11% BSE MID CAP 35610.50 +319.59 +0.91% BSE SMALL CAP 41394.60 +290.23 +0.71% GOLD (Rs./ 10 gm) 61,412.00 -307.00 -0.50% SILVER (Rs./kg) 72,063.00 -455.00 -0.63% USD/INR 83.39 -0.00 …

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How to Invest in Web 3.0

How to Invest in Web 3.0?

The term “Web 3.0” describes the upcoming version of the World Wide Web, which is frequently distinguished by more intelligent and decentralized systems. It uses technology such as smart contracts, blockchain, and decentralized apps (DApps) to make the internet safer, more user-friendly, and compatible with other systems. The objective is to go beyond Web 2.0’s …

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New RBI Meeting Policy December 2023

What the New RBI Meeting Policy Holds for Us ?

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) just released its most recent review of the Monetary Policy. “Global growth prospects are dampening,” according to the RBI. The financial markets are still defined by significant price fluctuations and volatility. Governor of the Reserve Bank of India Shaktikanta Das listed ten items that, in …

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Investment Trust

What is an Investment Trust?

A collective investment vehicle known as an investment trust is one that combines the money of several individuals to make investments in a variety of assets. Investment trusts are closed-end, which means they have a certain number of shares that are exchanged on the stock market, in contrast to mutual funds. These shares are available …

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