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.

Importance of Creating a Will before Your Passing

What is the Importance of Creating a Will before Your Passing?

A will is a testamentary document that lets your property or financial assets belong to others after your passing away.  In India, wills are governed by Indian Succession Act, of 1925, for Hindus, Jains, Buddhists, Sikhs, and Christians. Under Hanafi law, Mohammedans are governed to make a will for their succession. Creating a will is …

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Sensex and Nifty Today

Today’s Stocks Market Updates (02 June 2023)

VALUATIONS SENSEX PE Ratio 23.20 NIFTY PE Ratio 21.58 Source: NSE and BSE BSE SENSEX 62547.11 +118.57 +0.19% NIFTY 50 18534.10 +46.30 +0.25% NIFTY Bank 43937.80 +147.60 +0.34% BSE MID CAP 27294.10 +163.67 +0.60% BSE SMALL CAP 30885.70 +174.03 +0.57% GOLD (Rs./ 10 gm) 59,800.00 -119.00 -0.20% SILVER (Rs./kg) 72,327.00 -267.00 -0.37% USD/INR 82.31 -0.11 …

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Foreign Portfolio Investment

What is FPI? Meaning, Risk and Benefits

An FPI or Foreign Portfolio Investment is a way to buy foreign financial assets like stocks, mutual funds, or ETFs through overseas investments. The investors who invests in these portfolios are commonly known as Foreign Portfolio Investors. This makes the investors diversify their portfolio through various profits and losses made internationally. Meaning & Examples Foreign …

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Sensex and Nifty Today

Today’s Stocks Market Updates (01 June 2023)

VALUATIONS SENSEX PE Ratio 23.12 NIFTY PE Ratio 21.53 Source: NSE and BSE BSE SENSEX 62428.54 -193.70 -0.31% NIFTY 50 18487.80 -46.60 -0.25% NIFTY Bank 43790.20 -338.00 -0.77% BSE MID CAP 27130.43 30.38 0.11% BSE SMALL CAP 30711.67 186.85 0.61% GOLD (Rs./ 10 gm) 60,044.00 -119.00 -0.20% SILVER (Rs./kg) 72,274.00 +172.00 +0.24% USD/INR 82.42 -0.33 …

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Indian Startup Valuations

Breaking News: Indian Startup Valuations Slashed by Global Investors

In a major blow to the Indian startup ecosystem, global investors have significantly reduced the valuations of several promising startups that have brought about new change in the economy of India. This unexpected move has sent shockwaves through the industry, raising concerns about the future of India’s burgeoning start-up scene. Asset management companies (AMCs) from …

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Sensex and Nifty Today

Today’s Stocks Market Updates (31 May 2023)

VALUATIONS SENSEX PE Ratio 23.10 NIFTY PE Ratio 21.59 Source: NSE and BSE BSE SENSEX 62622.24 -346.89 -0.55% NIFTY 50 18534.40 -99.40 -0.53% NIFTY Bank 44128.20 -308.10 -0.69% BSE MID CAP 27100.05 145.42 0.54% BSE SMALL CAP 30524.82 205.45 0.68% GOLD (Rs./ 10 gm) 60,210.00 +264.00 0.44% SILVER (Rs./kg) 71,839.00 +796.00 +1.12% USD/INR 82.75 +0.04 …

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Types Of Investment Options in India

Best Investment Options 2023-2024 in India

Bracing up for your new investment goals in 2023! Then, you have come to the right place. In this article, we have shared the latest investment options that can influence your finance. We have also considered various factors like investment goals, risk appetite, tax & other benefits that affect your long-term investment decisions. So, let’s …

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Sensex and Nifty Today

Today’s Stocks Market Updates (30 May 2023)

VALUATIONS SENSEX PE Ratio 23.21 NIFTY PE Ratio 21.70 Source: NSE and BSE BSE SENSEX 62969.13 +122.75 +0.20% NIFTY 50 18633.80 +35.10 +0.19% NIFTY Bank 44436.30 +124.40 +0.28% BSE MID CAP 26954.63 +42.28 +0.16% BSE SMALL CAP 30319.37 +66.04 +0.22% GOLD (Rs./ 10 gm) 59,861.00 +442.00 +0.74% SILVER (Rs./kg) 71,188.00 +63.00 +0.09% USD/INR 82.70 +0.06 …

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Sensex Index in 2022

India Emerged as Second Best in the World’s Sensex Index in 2022

After defying all concerns about interest hikes, skyrocketing inflation, and economic slowdown, India has managed to rank itself as the second-best performer in the Sensex 2022 Index. Compared to other macroeconomic countries, India has outperformed the largest countries by gaining 4.4% benchmark domestically. Russia, being the worst performer with a tottering 39% in RTI INDEX. …

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Sensex and Nifty Today

Today’s Stocks Market Updates (29 May 2023)

VALUATIONS SENSEX PE Ratio 23.20 NIFTY PE Ratio 21.65 Source: NSE and BSE BSE SENSEX 62846.38 +344.69 +0.55% NIFTY 50 18598.70 +99.40 +0.54% NIFTY Bank 44311.90 +293.90 +0.67% BSE MID CAP 26912.35 +109.20 +0.41% BSE SMALL CAP 30253.33 +90.67 +0.30% GOLD (Rs./ 10 gm) 59,584.00 +231.00 +0.39% SILVER (Rs./kg) 71,230.00 +1.00 +0.00% USD/INR 82.55 -0.05 …

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