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 (06 July 2023)

VALUATIONS SENSEX PE Ratio 24.17 NIFTY PE Ratio 22.72 Source: NSE and BSE BSE SENSEX 65785.64 +339.60 +0.52% NIFTY 50 19497.30 +98.80 +0.51% NIFTY Bank 45339.90 +188.10 +0.42% BSE MID CAP 29222.22 +227.87 +0.79% BSE SMALL CAP 33224.09 +219.53 +0.67% GOLD (Rs./ 10 gm) 58,253.00 -220.00 -0.38% SILVER (Rs./kg) 70,435.00 -922.00 -1.29% USD/INR 82.47 +0.18 …

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Groww Expands its Mutual Funds Offerings with Successful Acquisition of Indiabulls Mutual Fund Business

Groww Expands its Mutual Funds Offerings with Successful Acquisition of Indiabulls Mutual Fund Business

Groww, the popular online investment platform has successfully completed the acquisition of Indiabulls Mutual Fund Business, making a significant milestone in the company’s growth trajectory. With the acquisition for ₹175.62 crore, the business has carried housing finance’ hundred percent acquisition. With the addition of Indiabulls Mutual Fund Business, Groww now offers a wide range of …

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Sensex and Nifty Today

Today’s Stocks Market Updates (05 July 2023)

VALUATIONS SENSEX PE Ratio 24.12 NIFTY PE Ratio 22.60 Source: NSE and BSE BSE SENSEX 65446.04 -33.01 -0.05% NIFTY 50 19398.50 +9.50 +0.05% NIFTY Bank 45151.80 -149.60 -0.33% BSE MID CAP 28994.35 +195.44 +0.68% BSE SMALL CAP 33004.56 +201.93 +0.62% GOLD (Rs./ 10 gm) 58,615.00 +206.00 +0.35% SILVER (Rs./kg) 70,356.00 -186.00 -0.26% USD/INR 82.28 +0.25 …

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Gold Investment

Why is Gold Investment So Profitable in 2023?

Recently John Reade, Market strategist at World Gold Council of Europe & Asia talked about the importance of gold as a strategic asset to strengthen market portfolio. With the ongoing market volatility & fluctuations, many investors had turned towards gold as a way to diversify their portfolios and protect wealth. There are different cases that …

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Sensex and Nifty Today

Today’s Stocks Market Updates (04 July 2023)

VALUATIONS SENSEX PE Ratio 24.23 NIFTY PE Ratio 22.59 Source: NSE and BSE BSE SENSEX 65479.05 +274.00 +0.42% NIFTY 50 19389.00 +66.50 +0.34% NIFTY Bank 45301.40 +143.30 +0.32% BSE MID CAP 28798.91 -62.56 -0.22% BSE SMALL CAP 32802.63 +16.32 +0.05% GOLD (Rs./ 10 gm) 58,450.00 +173.00 +0.30% SILVER (Rs./kg) 69,700.00 +388.00 +0.56% USD/INR 82.01 +0.05 …

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What is Share Buyback

What is Share Buyback? – Meaning, Works, & Significance

Share or Stock buyback refers to the process of buying back own shares by the company through an open market. The purpose of doing this is to gain back the previous shares to increase the existing values of the company. This can lead to increased stocks and provide the companies with higher value to sell …

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Sensex and Nifty Today

Today’s Stocks Market Updates (03 July 2023)

VALUATIONS SENSEX PE Ratio 24.15 NIFTY PE Ratio 22.51 Source: NSE and BSE BSE SENSEX 65205.05 +486.49 +0.75% NIFTY 50 19322.50 +133.50 +0.70% NIFTY Bank 45158.10 +410.80 +0.92% BSE MID CAP 28861.47 +85.27 +0.30% BSE SMALL CAP 32786.31 +184.17 +0.56% GOLD (Rs./ 10 gm) 58,116.00 -95.00 -0.16% SILVER (Rs./kg) 69,119.00 +184.00 +0.27% USD/INR 81.96 -0.13 …

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HDFC Bank Merged with HDFC Ltd.

Big News: HDFC Bank Merged with HDFC Ltd. & becomes 4th Largest Lender in the World

In recent news, HDFC Bank ties with HDFC Ltd. creating a Mega Merger on July 1, 2023. Taking over its parent company HDFC (Housing Development Finance Corporation), HDFC now becomes the only major, making the home finance company cease to exist. This tie-up makes them the world’s 4th largest lender totaling $172 billion, after JPMorgan …

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Multi-Cap Funds

Multi-Cap Funds: An Overview

If you’re an investor who often wants to diversify the investment base, considering Multi cap funds is one of the best options. Large-cap, small-cap and mid-cap funds often don’t align with the investor’s risk preferences. By adopting multi-cap funds, you’re making your investment portfolio more streamlined and getting extensive returns. In this guide, we’ll provide …

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Sensex and Nifty Today

Today’s Stocks Market Updates (30 June 2023)

VALUATIONS SENSEX PE Ratio 23.92 NIFTY PE Ratio 22.36 Source: NSE and BSE BSE SENSEX 64718.56 +803.14 +1.26% NIFTY 50 19189.00 +216.90 +1.14% NIFTY Bank 44747.30 +419.50 +0.95% BSE MID CAP 28776.20 +191.36 +0.67% BSE SMALL CAP 32602.14 +164.26 +0.51% GOLD (Rs./ 10 gm) 58,017.00 +3.00 +0.01% SILVER (Rs./kg) 68,180.00 -9.00 -0.01% USD/INR 82.04 -0.02 …

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