Next gem in stock market

Your Money Wants To Talk To You

Hello, Money is a powerful tool that is necessary not just to take care of our basic needs but also our lifestyle needs and various financial goals. Time and again money gives us some subtle but important messages. Have you ever noticed these messages? In this article, let's try to decode the messages that money would give and the importance of saving money for the future. If money could speak it would make the below statements: "I hate lying idle" Whether you are keeping your money locked away safely in your cupboard or simply in your savings account, your money is actually losing its value. Most common savings accounts offer interest rates in the range of 3-4%. If you factor in the rate of inflation which is currently around 4.5% the real rate of return that your investment generates is -.50% (4.5%-4%). A monthly investment of Rs. 1000 invested at a 5% rate of interest for a period of 10 years would become Rs. 1,55,756 on maturity. At a 10% interest rate, the maturity...

Bull run in NIFTY 50

Hello, Tauktae cyclone wreaked havoc in several states across the country. But it also brought glimmer of hope for the stock market. In the last four trading sessions, the blue-chip index - Nifty 50 - grew by 419 points , jumping back to 15,000. The benchmark index, Sensex - also grew by 1550 points leaping to the golden jubilee mark of 50000 after forty-nine days. This rise of the stock market can be attributed to several factors. These factors come in all shapes and sizes. Let's examine them one by one. Downward trend in the Coronavirus cases As you can see in the image above, the curve has started to move down. Last month, IIT scientists had predicted using a mathematical model that new cases will start to decrease by May-end. But the fall has come earlier than expected. Needless to say despite earlier horrors of the second COVID wave, the country is probably seeing a peak out of cases and the trajectory in next few days could be downward. Last month, markets...

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