Market Morning Notes For 31st Aug 2023
Markets failed to carry opening momentum on Wednesday despite positive global market cues and finally ended unchanged. In fact, Nifty 50 retreated before touching 19,467 which clearly indicates bulls have lost control of the markets. Today being a monthly losing, it would throw necessary signals for long-term investors about the trend change. A negative closing of -0.38% or below 64836 in...
Concord Biotech IPO (Subscribe)
Highlights Issue Size – 20,925,652 sharesIssue Open/Close – Aug 4/Aug 8, 2023 Price Band (Rs) 705 – 741 Issue Size- Rs 15,510 mnFace Value (Rs) 1Lot Size (shares) 20 Concord Biotech Limited, incorporated in 1984, is an India-based R&D-driven biopharma business. In terms of market share, based on volume, the company is placed among the top global developers and...
How to use the Fintoo Chatbot for managing your money?
You might have already heard the story of the ant and the grasshopper. To sum it up, the ants planned for their future by managing their resources efficiently, whereas the grasshopper was simply careless about his future and his lack of planning caused him to suffer in the end. It usually takes so little to begin planning for your future. But often money management gets overlooked. Whether...
Top 5 Thumb Rules of Investing
Having too many options can often create confusion. The same goes for investments. With so many investment options and strategies, it can be difficult to understand which is the right approach for you. While there are dozens of thumb rules for investing, let us go through the common top 5 thumb rules of investing. What is a Thumb Rule? It is an idea or principle that guides you...
5 Steps To Build A Solid Emergency Fund
Uncertainties are a part and parcel of life. Some days things go smoothly as per your plan, while some days bring unexpected challenges. And these challenges come with financial setbacks. So, what’s the solution? An emergency fund. Now, before we dive into explaining the 5 steps to build a solid emergency fund, let us first understand what exactly an emergency fund...
Nexus Select Trust REIT Limited IPO (Subscribe)
Issue Size –320 mnIssue Open/Close – May 09/May 11, 2022Price Band (Rs.) 95-100Issue Size- Rs 32 bnLot Size (shares) 150 Nexus Select Trust is India’s largest retail (malls) platform of 17 high-quality assets, strategically located in dense residential catchments across 14 prominent cities, and is ~96% leased. Sponsored by the portfolio company of Blackstone real estate funds, Nexus is...
How to use the Fintoo Chatbot for stocks?
We all know that the share market is one of the few investment options that can provide inflation-adjusted returns in the long run. But in order to create wealth, you need to be able to have an answer to the question, In which stock should you invest your money? And for that, you need some exposure to equity market investments. As thousands of stocks are listed on the Stock Exchange,...
Your Guide To Investing In Passive Mutual Funds
Mutual funds are an exceptional market-linked investment opportunity available at present, offering adequate risk diversification and the potential for significant long-term returns. However, selecting the right mutual fund can take time and effort, considering the range of options available in the market. To make the right investment decision, it is crucial to differentiate between the...
Muhurat Trading: Best Stocks To Buy This Diwali
Diwali is around the corner and we all are excited to share the festive happiness by giving special and personalized gifts to all our near and dear ones. While gifting is an important part of this wonderful festival which adds to the excitement and enthusiasm, this Diwali, why not make the most of the auspicious mahurat trading and gift yourself the joy of long-term returns? Though the...