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 (23 October 2023)

VALUATIONS SENSEX PE Ratio 22.78 NIFTY PE Ratio 21.36 Source: NSE and BSE BSE SENSEX 64571.88 -825.74 -1.26% NIFTY 50 19281.80 -260.90 -1.34% NIFTY Bank 43151.20 -571.90 -1.31% BSE MID CAP 31082.03 -798.83 -2.51% BSE SMALL CAP 36602.75 -1595.97 -4.18% GOLD (Rs./ 10 gm) 60,685.00 -51.00 -0.08% SILVER (Rs./kg) 72,530.00 -379.00 -0.52% USD/INR 83.18 +0.06 …

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Mutual Funds Utilizes Your Money in Only 10% Of The Total Market Shares

Mutual Funds Utilizes Your Money in Only 10% Of The Total Market Shares

A shocking news has emerged regarding mutual funds a few weeks back. Currently, data has displayed that mutual funds do not invest money in about 90% of the companies in the stock market. You must have purchased some mutual fund scheme through SIP as there are a total of 427 active mutual funds schemes in …

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Are Mutual Funds (MFs) Competing Against Bank Deposits

Are Mutual Funds (MFs) Competing Against Bank Deposits?

Mutual Funds (MFs) and bank deposits are not in direct competition, as they serve distinct financial purposes. Bank deposits, including savings accounts and fixed deposits, offer low-risk, secure options with modest interest rates, primarily focused on capital preservation. In contrast, mutual funds are investment vehicles that pool money from multiple investors to create diversified portfolios …

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Sensex and Nifty Today

Today’s Stocks Market Updates (20 October 2023)

VALUATIONS SENSEX PE Ratio 23.52 NIFTY PE Ratio 21.68 Source: NSE and BSE BSE SENSEX 65397.62 -231.62 -0.35% NIFTY 50 19542.70 -82.00 -0.42% NIFTY Bank 43723.10 -31.40 -0.07% BSE MID CAP 31880.86 -329.52 -1.02% BSE SMALL CAP 38198.72 -291.42 -0.76% GOLD (Rs./ 10 gm) 60,980.00 +662.00 +1.10% SILVER (Rs./kg) 73,488.00 +1,872.00 +2.61% USD/INR 83.18 -0.05 …

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How to Create a Monthly Budget

How to Create a Monthly Budget?

Creating a monthly budget is a fundamental step toward managing your finances effectively, achieving your financial goals, and ensuring you live within your means. This is a short guide on how to make a monthly budget: 1. Revenue Evaluation: Start by figuring out how much money you make each month from all sources, including your …

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Sensex and Nifty Today

Today’s Stocks Market Updates (19 October 2023)

VALUATIONS SENSEX PE Ratio 23.55 NIFTY PE Ratio 21.77 Source: NSE and BSE BSE SENSEX 65629.24 -247.78 -0.38% NIFTY 50 19624.70 -46.40 -0.24% NIFTY Bank 43754.50 -134.20 -0.31% BSE MID CAP 32210.38 -26.99 -0.08% BSE SMALL CAP 38490.14 27.51 0.07% GOLD (Rs./ 10 gm) 59,976.00 -97.00 -0.16% SILVER (Rs./kg) 71,700.00 -195.00 -0.27% USD/INR 83.24 -0.04 …

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Sensex and Nifty Today

Today’s Stocks Market Updates (18 October 2023)

VALUATIONS SENSEX PE Ratio 23.65 NIFTY PE Ratio 21.87 Source: NSE and BSE BSE SENSEX 65877.02 -551.07 -0.83% NIFTY 50 19671.10 -140.40 -0.71% NIFTY Bank 43888.70 -520.80 -1.17% BSE MID CAP 32237.37 -276.91 -0.85% BSE SMALL CAP 38462.63 -122.99 -0.32% GOLD (Rs./ 10 gm) 59,911.00 +693.00 +1.17% SILVER (Rs./kg) 71,572.00 +5.00 +0.01% USD/INR 83.28 +0.03 …

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Know How to Diversify Investments to Grow Your Money

Know How to Diversify Investments to Grow Your Money

Are you aware that diversity is a vital strategy for reaching financial objectives? By distributing your funds over a variety of assets, you can lower risk and increase possible returns on your investments. We’ll discuss the value of diversification and practical implementation techniques in this article. Why Diversify? One common comparison for diversification is the …

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Sensex and Nifty Today

Today’s Stocks Market Updates (17 October 2023)

VALUATIONS SENSEX PE Ratio 24.32 NIFTY PE Ratio 22.38 Source: NSE and BSE BSE SENSEX 66428.09 +261.16 +0.39% NIFTY 50 19811.50 +79.70 +0.40% NIFTY Bank 44409.50 +183.60 +0.42% BSE MID CAP 32514.28 +126.86 +0.39% BSE SMALL CAP 38585.62 +269.51 +0.70% GOLD (Rs./ 10 gm) 59,316.00 +150.00 +0.25% SILVER (Rs./kg) 71,710.00 +673.00 +0.95% USD/INR 83.25 -0.03 …

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