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 (22 May 2023)

VALUATIONS SENSEX PE Ratio 23.06 NIFTY PE Ratio 21.36 Source: NSE and BSE BSE SENSEX 61963.68 +234.00 +0.38% NIFTY 50 18314.40 +111.00 +0.61% NIFTY Bank 43885.10 -84.30 -0.19% BSE MID CAP 26342.32 +190.05 +0.73% BSE SMALL CAP 29868.97 +120.83 +0.41% GOLD (Rs./ 10 gm) 60,250.00 -129.00 -0.21% SILVER (Rs./kg) 72,819.00 -502.00 -0.68% USD/INR 82.82 +0.17 …

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Financial Planning For Doctors

Mastering the Art of Financial Planning For Doctors

As an esteemed member of the medical profession, doctors dedicate their lives to the well-being of the patient’s life. In Spite of this, doctors often find themselves alone while making decisions about their own financial well-being. It is imperative for medical professionals to build a solid financial foundation and secure a healthy financial future. In …

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SEBI Launches Game Changing Proposals

SEBI Launches Game Changing Proposals for Massive Overhaul of Mutual Fund Industry

The Securities and Exchange board of India (SEBI) has recently released a set of groundbreaking proposals aimed at revolutionizing the mutual fund industry. These proposals have the potential to reshape the landscape of the industry and improve investor outcomes. Let’s delve into the key points of these proposals and their potential impact. SEBI suggests incorporating …

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₹2000 Denomination Banknotes

₹2000 Denomination Banknotes – Bid Farewell to the 2000 Notes as RBI Set a Deadline for Exchange by September 30

In an overnight move, the Reserve Bank of India (RBI) has announced the withdrawal of the ₹2000 rupees notes from circulation. But, it is also significant to know that these banknotes will continue to hold status as legal tender. Let’s dive into the details of this decision and its implications for the public. The RBI’s …

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Sensex and Nifty Today

Today’s Stocks Market Updates (19 May 2023)

VALUATIONS SENSEX PE Ratio 23.22 NIFTY PE Ratio 21.48 Source: NSE and BSE BSE SENSEX 61729.68 +297.94 +0.48% NIFTY 50 18203.40 +73.40 +0.40% NIFTY Bank 43969.40 +217.10 +0.50% BSE MID CAP 26152.27 -2.09 -0.01% BSE SMALL CAP 29748.14 -48.19 -0.16% GOLD (Rs./ 10 gm) 59,882.00 +159.00 +0.27% SILVER (Rs./kg) 72,603.00 +460.00 +0.64% USD/INR 82.66 +0.06 …

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Upcoming RBI Regulation

Upcoming RBI Regulation on International Transactions and Foreign Travel: What You Need to Know

As of July 1, 2023, the RBI is going to introduce new regulations for international credit card transactions and foreign travel expenses. In an effort to regulate foreign remittances and promote financial stability, the Reserve Bank of India (RBI) has recently made the decision that will impact international credit card holders and the foreign travelers. …

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Sensex and Nifty Today

Today’s Stocks Market Updates (18 May 2023)

VALUATIONS SENSEX PE Ratio 23.59 NIFTY PE Ratio 21.39 Source: NSE and BSE BSE SENSEX 61431.74 -128.90 -0.21% NIFTY 50 18130.00 -51.80 -0.28% NIFTY Bank 43752.30 53.60 0.12% BSE MID CAP 26154.36 -175.26 -0.67% BSE SMALL CAP 29796.33 -78.14 -0.26% GOLD (Rs./ 10 gm) 59,760.00 -385.00 -0.64% SILVER (Rs./kg) 72,195.00 -463.00 -0.64% USD/INR 82.60 +0.22 …

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What is BNPL

What is BNPL (Buy Now, Pay Later)?

One of the popular kinds of short-term financing is the BNPL (Buy Now, Pay Later) financing. It makes users eligible to repay the loan after having purchased an asset within a stipulated period of time. The payment usually comes with no interest. Also known as, Point of Sale (POS) finances or installments, it is equitably …

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Sensex and Nifty Today

Today’s Stocks Market Updates (17 May 2023)

VALUATIONS SENSEX PE Ratio 23.72 NIFTY PE Ratio 21.47 Source: NSE and BSE BSE SENSEX 61560.64 -371.83 -0.60% NIFTY 50 18181.80 -104.70 -0.57% NIFTY Bank 43698.70 -205.00 -0.47% BSE MID CAP 26329.62 -41.66 -0.16% BSE SMALL CAP 29874.47 75.53 0.25% GOLD (Rs./ 10 gm) 60,227.00 -17.00 -0.03% SILVER (Rs./kg) 72,717.00 +132.00 +0.18% USD/INR 82.38 +0.17 …

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SEBI Declared Parents are allowed to Invest in Their Minor’s MF Folio through Their Bank Account

SEBI Declared Parents are allowed to Invest in Their Minor’s MF Folio through Their Bank Account

Recently SEBI has announced that legal guardians or parents are authorized to regulate the minor’s MF folio through their bank account. In May 12, a circular released by SEBI made it official that now, Parents or any other legal guardian can make payments through their bank account to their minor’s MF folio. The change has …

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