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For the First Time Ever, the Nifty50 Crosses the 20,000 Milestone

Finance and Economy, News and Updates, Stocks Market / By My Finopedia / September 11, 2023 September 11, 2023

On September 11th 2023, The Nifty 50 index soared beyond 20,000 today, setting an all-time high, marking a significant historical landmark for the Indian stock market. This outstanding accomplishment serves as proof of India’s economy’s durability and prosperity despite several difficulties and uncertainties in recent years. The Nifty has risen by 17 percent since the …

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Today’s Stocks Market Updates (11 September 2023)

Market Update / By My Finopedia / September 11, 2023 September 11, 2023

VALUATIONS SENSEX PE Ratio 24.46 NIFTY PE Ratio 22.59 Source: NSE and BSE BSE SENSEX 67127.08 +528.17 +0.79% NIFTY 50 19996.30 +176.30 +0.89% NIFTY Bank 45570.70 +414.30 +0.92% BSE MID CAP 33064.96 +392.96 +1.20% BSE SMALL CAP 38533.40 +266.87 +0.70% GOLD (Rs./ 10 gm) 58,930.00 +32.00 +0.05% SILVER (Rs./kg) 71,825.00 +262.00 +0.37% USD/INR 83.05 +0.02 …

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PNB Scam 2018- All You Need to Know!

Business, Finance and Economy, Financial Scams / By My Finopedia / September 9, 2023 September 9, 2023

One of the largest banking scams that shattered all together the country’s economy is the Punjab National Bank Scam in 2018. The helmsman billionaire of this scam is one the visionary businessman Nirav Modi. He hailed from a family of businessmen and eventually, after studies joined his uncle’s business. Shifting in India, Mumbai, Nirav Modi …

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Today’s Stocks Market Updates (08 September 2023)

Market Update / By My Finopedia / September 8, 2023 September 8, 2023

VALUATIONS SENSEX PE Ratio 24.33 NIFTY PE Ratio 22.39 Source: NSE and BSE BSE SENSEX 66598.91 +333.35 +0.50% NIFTY 50 19820.00 +93.00 +0.47% NIFTY Bank 45156.40 +278.10 +0.62% BSE MID CAP 32672.00 +297.07 +0.92% BSE SMALL CAP 38266.53 +165.32 +0.43% GOLD (Rs./ 10 gm) 59,030.00 +32.00 +0.05% SILVER (Rs./kg) 71,868.00 +98.00 +0.14% USD/INR 83.16 -0.05 …

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How to Teach Kids About Budgeting and Why It Matters?

Child Education Planning, Finance and Economy / By My Finopedia / September 8, 2023 September 8, 2023

We teach our children addition, multiplication and division so that they tend to combat real world challenges and apply them for critical thinking. But have we ever thought of teaching them the application itself? Or why is finance such an underrated topic in common households, submitted to be viewed only patriarchally? However, we should understand …

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Does Your Life Insurance Policy Need An Accidental Death Benefit Rider?

Finance and Economy, Insurance / By My Finopedia / September 7, 2023 September 7, 2023

Life insurance is a crucial financial tool that provides peace of mind and financial security to your loved ones in the event of your untimely demise. While traditional life insurance policies offer a straightforward death benefit, some individuals may wonder whether they should add an accidental death benefit rider to their policy. In this discussion, …

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Today’s Stocks Market Updates (07 September 2023)

Market Update / By My Finopedia / September 7, 2023 September 7, 2023

VALUATIONS SENSEX PE Ratio 24.11 NIFTY PE Ratio 22.28 Source: NSE and BSE BSE SENSEX 66265.56 +385.04 +0.58% NIFTY 50 19727.00 +116.00 +0.59% NIFTY Bank 44878.30 +469.20 +1.06% BSE MID CAP 32374.93 +252.87 +0.79% BSE SMALL CAP 38101.21 +152.60 +0.40% GOLD (Rs./ 10 gm) 59,001.00 -87.00 -0.15% SILVER (Rs./kg) 71,825.00 -647.00 -0.89% USD/INR 83.20 +0.06 …

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5 Ways to Retire As Early As 45

Pension, Retirement Planning / By My Finopedia / September 6, 2023 September 6, 2023

Retiring early with the desired amount is like a treasure trove. However, it may look quite impossible when you’re just starting out a new career or job. Don’t fret about it. With the right allocation and prudent planning, one can start their journey towards as early as 20 years old. By adhering to the valuable …

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Today’s Stocks Market Updates (06 September 2023)

Market Update / By My Finopedia / September 6, 2023 September 6, 2023

VALUATIONS SENSEX PE Ratio 23.89 NIFTY PE Ratio 22.37 Source: NSE and BSE BSE SENSEX 65880.52 +100.26 +0.15% NIFTY 50 19611.00 +36.10 +0.18% NIFTY Bank 44409.10 -123.10 -0.28% BSE MID CAP 32122.06 +40.29 +0.13% BSE SMALL CAP 37948.61 -15.94 -0.04% GOLD (Rs./ 10 gm) 59,233.00 -10.00 -0.02% SILVER (Rs./kg) 73,003.00 -442.00 -0.60% USD/INR 83.11 +0.04 …

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5 Money Lessons To Learn This Teachers Day

Finance and Economy, Financial Planning / By My Finopedia / September 5, 2023 September 5, 2023

On this very unique day known as Teachers Day, our mentors who impart us with knowledge and life lessons are acknowledged. Therefore, being the mentors of our own life choices and decisions, it is worth considering five important money lessons that instructors may impart to us as we observe this day or may incultivate. These …

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