Intraday trading has become an attractive form of trading and here are 15 golden tips that could be of great help to all those who deal with them. Maintain your neutrality After losing any of the trades, you should not be emotionally drained for the rest of the day. Under no circumstances should you forecast

Events in disparate sectors showed a connected trend in recent months. The decision by Tata Motors and Maruti to cut production was closely connected to the decision of Reliance Jio to put off the launch of JioPhone Next. The link was the shortage of microchips. Why Microchips shortage To understand the Microchips shortage across the

The telecom relief package may have come a week late, but it did come as a welcome move for the telecom sector. While some of the macro level measures may actually help the larger telcos, it is not clear if Vodafone will really benefit. Moratorium and rationalization There are 2 important announcements in the Telecom

During the week, the government made the big announcement about formation of Bad Bank. This is likely to be a much-needed measure to resolve the stressed assets problem of the PSU banks. What will the NARCL do? National Asset Reconstruction Company or NARCL will also be called Bad Bank. It will take over stressed assets

CPI Inflation for Aug-21 tapers by another 29 bps to 5.30% as core inflation eases Retail headline inflation, or CPI inflation, for Aug-21 came in at 5.30% compared to 5.59% in Jul-21. The consensus estimate for retail inflation for Aug-21 was close to 6.00%, so it was substantially lower than estimates. The 29 bps fall

Previous Day Market Update  Sensex closed at 58490.93 down by -524.96 points Nifty closed at  17366.30 down by -218.85 points HDFC Bank will offer co-branded credit cards with Paytm on the Visa platform. The focus customer base would be entrepreneurs and millennials. It will be a collaboration of HDFC Bank’s customer engagement skills with Paytm’s

An emergency fund is a necessary corpus that you must set aside to deal with emergencies. It is a fund to which you can turn in times of crisis or for unexpected and unplanned scenarios, not for meeting your regular expenses. As a result, you must tailor it to meet any unexpected financial shortfalls that

The bull flag pattern is a continuation chart pattern that allows the uptrend to continue. Before breaking out and continuing the uptrend, the price action consolidates within the two parallel trend lines in the opposite direction of the uptrend. A bull flag, as the name implies, is a bullish pattern, as opposed to a bear

Previous Day Market Update  Sensex closed at 59141.16 up by 417.96 points Nifty closed at  17629.50 up by 110.05 points The Big Bad Bank announcement finally came on 16th September, with details of the government support. Finance Minister confirmed that the National Asset Reconstruction Company or NARCL, would be operational soon. The government guarantees will

Previous Day Market Update  Sensex closed at 58723.20 up by 476.11 points Nifty closed at  17519.45 up by 139.45 points On Wednesday, the Union Cabinet cleared the Rs.25,938 crore PLI scheme for automobile sector. To be eligible for the performance-linked incentive (PLI) scheme, auto companies must invest Rs.2,000 crore for 4-wheelers and Rs.1,000 crore for