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 (26 September 2023)

VALUATIONS SENSEX PE Ratio 24.11 NIFTY PE Ratio 22.21 Source: NSE and BSE BSE SENSEX 65945.47 -78.22 -0.12% NIFTY 50 19664.70 -9.80 -0.05% NIFTY Bank 44624.20 -141.90 -0.32% BSE MID CAP 32066.50 -27.78 -0.09% BSE SMALL CAP 37225.00 123.75 0.33% GOLD (Rs./ 10 gm) 58,426.00 -275.00 -0.47% SILVER (Rs./kg) 71,795.00 -355.00 -0.49% USD/INR 83.23 +0.09 …

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Should You Invest in Mutual Funds through a Distributor

Should You Invest in Mutual Funds through a Distributor?

Advantages of taking help of a distributor :- 1. Convenience-Distributors offer a convenient one-stop-shop for mutual fund investments. They simplify the entire process, from selecting suitable funds to handling paperwork and transactions. This convenience is especially beneficial for beginners or those with busy schedules, saving time and effort. 2. Personalized Advice– Distributors provide personalized advice …

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Sensex and Nifty Today

Today’s Stocks Market Updates (25 September 2023)

VALUATIONS SENSEX PE Ratio 24.17 NIFTY PE Ratio 22.22 Source: NSE and BSE BSE SENSEX 66023.69 +14.54 +0.02% NIFTY 50 19674.50 +0.20 +0.00% NIFTY Bank 44766.10 +154.00 +0.35% BSE MID CAP 32094.28 +145.52 +0.46% BSE SMALL CAP 37101.25 +43.77 +0.12% GOLD (Rs./ 10 gm) 58,792.00 -154.00 -0.26% SILVER (Rs./kg) 72,302.00 -1,035.00 -1.41% USD/INR 83.13 +0.17 …

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Investments are Losing Money

My Investments are Losing Money. What Should I Do?

Introduction Investing in financial markets can be an exciting and potentially rewarding step that can be taken. However, it’s important to remember that investing also comes with risks, and sometimes, investments can lose value. When faced with a situation where your investments are losing money, it can be stressful and concerning. In this article, we’ll …

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Understanding Wants, Needs, and Savings!

Understanding Wants, Needs, and Savings: A Simple Guide!

In our journey through life, we often find ourselves juggling various aspects of financial well-being. Three critical elements that come into play are “Wants,” “Needs,” and “Savings.” Each plays a distinct role in our financial landscape, shaping our present and future. Let’s explore these concepts in-depth, starting with the basics. Wants: Desires That Add Essence …

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Sensex and Nifty Today

Today’s Stocks Market Updates (22 September 2023)

VALUATIONS SENSEX PE Ratio 24.23 NIFTY PE Ratio 22.22 Source: NSE and BSE BSE SENSEX 66009.15 -221.09 -0.33% NIFTY 50 19674.30 -68.00 -0.34% NIFTY Bank 44612.10 -11.70 -0.03% BSE MID CAP 31948.76 -43.65 -0.14% BSE SMALL CAP 37057.48 13.73 0.04% GOLD (Rs./ 10 gm) 58,904.00 +82.00 +0.14% SILVER (Rs./kg) 73,608.00 +540.00 +0.74% USD/INR 82.94 -0.11 …

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50/30/20 Rule

Mastering Your Finances: The 50/30/20 Rule for Budgeting Success

Introduction The 50/30/20 rule is a financial guideline that helps individuals manage their money effectively by allocating their income into three distinct categories: 50% for needs, 30% for wants, and 20% for savings and debt repayment. This rule provides a simple and practical framework for budgeting and financial planning, helping people achieve financial stability and …

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Sensex and Nifty Today

Today’s Stocks Market Updates (21 September 2023)

VALUATIONS SENSEX PE Ratio 24.31 NIFTY PE Ratio 22.30 Source: NSE and BSE BSE SENSEX 66230.24 -570.60 -0.85% NIFTY 50 19742.30 -159.10 -0.80% NIFTY Bank 44623.80 -760.80 -1.68% BSE MID CAP 31992.41 -320.60 -0.99% BSE SMALL CAP 37043.75 -366.75 -0.98% GOLD (Rs./ 10 gm) 58,824.00 -581.00 -0.98% SILVER (Rs./kg) 72,729.00 -501.00 -0.68% USD/INR 83.06 -0.05 …

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Sensex and Nifty Today

Today’s Stocks Market Updates (20 September 2023)

VALUATIONS SENSEX PE Ratio 24.50 NIFTY PE Ratio 22.48 Source: NSE and BSE BSE SENSEX 66800.84 -796.00 -1.18% NIFTY 50 19901.40 -231.90 -1.15% NIFTY Bank 45384.60 -595.20 -1.29% BSE MID CAP 32313.01 -105.80 -0.33% BSE SMALL CAP 37410.50 -190.66 -0.51% GOLD (Rs./ 10 gm) 59,425.00 +143.00 +0.24% SILVER (Rs./kg) 73,288.00 +719.00 +0.99% USD/INR 83.11 -0.23 …

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Why is Real Estate Better than Mutual Funds

Why is Real Estate Better than Mutual Funds?

Many people debate which investment option offers the best chance of financial progress when faced with the choice between real estate and mutual funds. Despite the fact that both have their benefits, some investors may favour real estate due to certain advantages: Real estate: You have complete control over your property when you invest in …

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