Appleโ€™s India iPhone Output Hits $14 Billion in Pivot From China

๐Ÿ“… April 10, 2024 | ๐Ÿท๏ธ Business Finance
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Just enter your monthly investment, time period, and expected return rate.

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See how your wealth grows month by month with powerful visuals.

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Test different scenarios to find the perfect investment plan for you.

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How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Join the India Version publication by Menaka Doshi โ€“ an insider’s information to the rising financial powerhouse, and the billionaires and companies behind its rise, delivered weekly.Apple Inc. assembled $14 billion of iPhones in India final fiscal yr, doubling manufacturing in an indication itโ€™s accelerating a push to diversify past China.

#Apples #India #iPhone #Output #Hits #Billion #Pivot #China

Sensex hits 75,000, was at 25,000 when PM Modi gained 10 years in the past

๐Ÿ“… April 10, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

MUMBAI: A bit of over 38 years after it was launched with a base of simply 100 factors, BSE sensex, essentially the most watched inventory market bellwether in India, crossed the 75,000-point mark on Tuesday, signifying previous successes of Indian economic system and the market, and elevating hopes for extra wealth creation within the years forward.On Tuesday, sensex opened the session above the 75k mark – at 75,124 factors – additionally its new all-time peak, however some profit-taking at these ranges pulled it down to shut at 74,684, down 59 factors on the day.On NSE, Nifty, too, scaled a brand new life-time peak at 22,768 factors throughout early trades however closed at 22,643, down 24 factors.The slide was partially owing to traders’ nervousness about anticipated US inflation information due Wednesday, extra so after latest high-employment information launched final week, mentioned Vinod Nair, head of analysis, Geojit Monetary Providers. An uptick in US inflation studying may delay fee cuts by its central financial institution and put world traders on the backfoot.For sensex, the 75k milestone got here a day after BSE went previous a serious landmark – scaling the Rs 400-lakh-crore market capitalisation. Within the final 10 years, since Modi-led NDA govt got here to workplace, traders’ wealth, measured by BSE’s market cap, has gone up by 5 instances.โ€˜75k to act as springboard for growthโ€™In accordance with Sarvjeet Singh Virk, co-founder & MD, Finvasia, a tech-driven monetary companies agency, sensex at 75k not solely displays previous successes of Indian markets but in addition โ€œacts as a springboard for future growth, instilling confidence in investors who are now poised to embrace the promising journey aheadโ€.Amongst successes of the previous decade had been Indiaโ€™s transfer from being a $1.7 trillion market cap economic system to a $4.8-trillion one now, organising one of many worldโ€™s quickest settlement methods (T+1), one of many quickest IPO processes that includes retail in addition to institutional traders and essentially the most vibrant derivatives buying and selling system by way of variety of contracts.All these, together with a market system that’s more and more opening up entry to even small and medium enterprises to record on the bourses at an inexpensive value, and the rise of the retail traders as a serious investing group (by way of the mutual fund route) give each investor confidence to place their cash within the Indian market, trade veterans say.Wanting ahead, June 4 outcomes of Lok Sabha elections would be the prime determinant of the marketโ€™s trajectory for the next few months. Moreover, the rate of interest situation within the US and different main economies, progress of monsoon in India (non-public forecaster SkyMet has predicted good rains for 2024), company outcomes, overseas fund flows and financial fundamentals may also have a serious impression on investor sentiment, market gamers mentioned.In brief time period, tradersโ€™ focus will shift to earnings supply as inventory costs are factoring in affordable progress throughout the earnings season thatโ€™s beginning this week, mentioned Naveen Kulkarni, chief funding officer, Axis Securities PMS. โ€œIf the earnings season turns out to be disappointing, then the market will correct. However, if there are more upgrades than downgrades, the market will continue to move upwards.โ€

#Sensex #hits #Modi #gained #years

Gold charge at the moment: Yellow steel worth hits report excessive; reaches Rs 71,150 per 10 gram, 2024 beneficial properties soar to Rs 7,700 | India Enterprise Information

๐Ÿ“… April 9, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Gold charge at the moment: Gold costs reached a brand new all-time excessive of Rs 71,150 per 10 grams on the MCX on Tuesday, following worldwide worth traits. By 10 AM, June gold futures had been buying and selling at Rs 71,130, up by Rs 218 or 0.31% from Monday’s shut.In line with ET, concurrently, the Could silver contract skilled a slight dip, buying and selling at Rs 81,814, down by Rs 61 or 0.07%.Bullion costs have risen as a consequence of expectations of rate of interest cuts by the US Federal Reserve and elevated shopping for by world central banks. Market observers are actually keenly awaiting the discharge of the US Federal Open Market Committee (FOMC) minutes scheduled for Wednesday, which may additional affect buying and selling sentiment.The current rise in gold costs has been attributed to declines within the greenback index (DXY), which fell by 0.63% during the last 5 buying and selling classes. Right now, it was hovering across the 104.16 mark, a slight enhance of 0.02%.ALSO READ | Large PLI impression! Native manufacturing of electronics components will get a lift; imports of fully boxed smartphones decline 40percentThe June Gold futures on MCX closed at Rs 70,931 on Monday, up by Rs 19 or 0.03%. In the meantime, the Could silver futures reached a lifetime excessive of Rs 82,109 per kilogram earlier than ending the Monday session at Rs 81,875.On the worldwide entrance, Comex gold futures hit a report excessive of $2,372 per troy ounce.Anuj Gupta, Head of Commodity & Foreign money at HDFC Securities, expects that the gold rally will probably persist, with Comex gold doubtlessly reaching between $2,370 and $2,400 within the quick time period, in response to his view.Concerning MCX gold, Anuj Gupta notes that the June contract faces resistance ranges at Rs 72,650-73,555, with help ranges positioned at Rs 69,200-69,022.He additionally talked about that costs have surged by 4.78% or Rs 3,235 on MCX in April thus far. Moreover, on a year-to-date foundation, there was a rise of Rs 7,709 or 12.20%.Concerning the Silver contract, Gupta provides that this month’s beneficial properties quantity to 9.10% or Rs 6,827, whereas year-to-date beneficial properties are at 10% or Rs 7,445.Gupta acknowledged that the worth of gold in main bodily bullion markets equivalent to Delhi, Ahmedabad, and different cities is Rs 71,300 per 10 grams. Moreover, he talked about that the worth of 1 kilogram of silver is Rs 82,500.ALSO READ | Russian oil dominates Indiaโ€™s oil imports; share of Iraq, Saudi Arabia, UAE and US fallsAccording to Neha Qureshi, Senior Technical & By-product Analyst at Anand Rathi Commodities & Currencies, gold costs are at present very excessive, almost reaching $2,340 per ounce. She emphasised that persons are intently monitoring US inflation knowledge as it might point out whether or not rates of interest will rise or fall. If inflation reveals indicators of slowing down, there’s a risk that the Federal Reserve may lower charges. Qureshi identified that gold has turn into costlier by over 17% since mid-February, stunning some observers. Regardless of preliminary expectations of three rate of interest cuts, it now seems that solely two cuts may happen.Qureshi talked about that the rise in gold costs might be attributed to varied components, together with tensions in areas just like the Center East and Ukraine, in addition to elevated gold purchases by nations like China.Analysing the every day chart, she noticed that the MCX April Gold contract has exceeded its upward channel sample and is displaying a sample of rising highs and lows, indicating a robust upward momentum. Nevertheless, she cautioned in opposition to the opportunity of a worth pullback because the Relative Power Index (RSI) approaches the overbought zone. The Anand Rathi analyst recognized resistance ranges at Rs 71,300 – Rs 71,800 and help ranges at Rs 70,400 – Rs 69,900.Qureshi additionally suggests an intraday buying and selling technique:- Buy MCX June gold futures at Rs 70,900 with a cease loss set at Rs 70,500, and goal for a worth goal of Rs 71,300.- Spend money on MCX Could silver futures at Rs 81,900 with a cease loss positioned at Rs 80,900, focusing on a worth of Rs 83,900.

#Gold #charge #at the moment #Yellow #steel #worth #hits #report #excessive #reaches #gram #beneficial properties #soar #India #Enterprise #Information

Inventory market right this moment: BSE Sensex hits all time-high, crosses 75,000; Nifty50 above 22,750

๐Ÿ“… April 9, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Inventory market right this moment: BSE Sensex and Nifty50, the Indian benchmark fairness indices, hit all time highs in opening commerce on Tuesday. Whereas BSE Sensex crossed the 75,000 milestone for the primary time, Nifty50 too hit a excessive of twenty-two,765.10. At 9:22 AM, BSE Sensex was buying and selling at 74,840.76, up 98 factors or 0.13%. Nifty50 was at 22,690.65, up 24 factors or 0.11%.Fairness markets opened the week on a optimistic notice, registering a acquire of over half a p.c in response to favorable cues.Analysts recommend that amidst combined international alerts, short-term fluctuations might happen, presenting merchants with alternatives so as to add high quality shares. A bullish momentum is anticipated to proceed available in the market, with the opportunity of the rally extending to 23,000 ranges. Nifty’s quick assist ranges are recognized at 22,700 and 22,620, whereas resistance is anticipated at 22,800 and 22,900 ranges, said Asit C, Mehta Funding.Nifty’s technical evaluation reveals that it’s approaching the higher band of the rising wedge, probably appearing as a resistance level within the brief time period. The index is prone to consolidate inside a selected vary, with assist at 22,500. India VIX, a gauge of market worry, rose by 2.40% to settle at 11.61 ranges.Additionally Learn | Mini-Goldilocks second! Why Motilal Oswal thinks India is huge, daring and blazingIn the US, inventory markets closed practically unchanged following a unstable session on Monday, with consideration turning to approaching inflation knowledge and the beginning of first-quarter earnings experiences. The Dow decreased by 0.03%, the S&P declined by 0.04%, whereas the Nasdaq noticed a minor improve of 0.03%.Asian markets skilled good points on Tuesday, mirroring a quiet buying and selling day within the US, with optimistic actions in Treasuries forward of essential inflation updates. Inventory futures in numerous areas confirmed combined actions, with Hold Seng and Japan’s Topix each rising by 0.3%, whereas Australia’s S&P/ASX 200 elevated by 0.4%.Oil costs climbed in early Asian buying and selling as hopes for a ceasefire in Gaza light, placing stress on the Center East. The greenback remained unsure on Tuesday, failing to capitalize on rising US Treasury yields, impacting the yen’s efficiency.Additionally Learn | Largest Wealth Creators! Small-cap and mid-cap funds amongst high performers in final one yr; test checklist hereForeign portfolio traders turned web sellers on Monday, offloading shares price Rs 681 crore after a earlier day of shopping for. Home institutional traders bought shares amounting to Rs 3,470 crore.The rupee closed flat in opposition to the US greenback on Monday at 83.31, as optimistic home equities have been counteracted by the greenback’s energy within the international market. Overseas Institutional Buyers decreased their web brief place from Rs 35,190 crore on Friday to Rs 23,636 crore on Monday.

#Inventory #market #right this moment #BSE #Sensex #hits #timehigh #crosses #Nifty50

Gold Fee Immediately: Gold price right now: Gold hits document excessive of Rs 71,000 for the primary time; silver worth surges to document highs | India Enterprise Information

๐Ÿ“… April 8, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Gold price right now: Gold and silver costs reached all-time highs on Monday’s opening commerce. Gold contracts on MCX surged to Rs 71,080 per 10 grams, a leap of Rs 440 or 0.62%. In the meantime, silver futures hit a brand new peak of Rs 82,064, buying and selling at Rs 81,939, up by Rs 1,076 or 1.33%, by 10:10 AM.In keeping with ET, the rise in costs was as a result of a decline within the greenback index (DXY), which was hovering across the 104.25 mark, down by 0.05 or 0.04%.The DXY has decreased by 0.73% over the previous 5 buying and selling classes.Final week, June Gold futures on MCX reached a lifetime excessive of Rs 70,699 per 10 grams, however closed barely decrease at Rs 70,599, down by Rs 37 or 0.05%. In the meantime, Might silver futures hit a document excessive of Rs 81,030 per kilogram earlier than ending the week at Rs 80,850, down Rs 13 or 0.02%.Gold futures reached a lifetime excessive of $2,372 per troy ounce on Comex. Anuj Gupta, Head of Commodity & Forex at HDFC Securities, anticipates that the gold rally is more likely to persist so long as costs stay above $2,225. He foresees a possible upward motion for Comex gold in the direction of $2,370 and $2,400 within the brief time period. For MCX gold, Gupta means that the June contract might encounter resistance at Rs 72,650-73,555, with assist ranges positioned at Rs 69,200-69,022.READ MORE | File Rs 100 lakh crore achieve in 9 months! BSE market cap hits Rs 400 lakh crore for first timeGupta expects that the gold rally will probably persist so long as the value stays above $2,225. He believes that Comex gold may attain ranges between $2,370 and $2,400 within the brief time period. Moreover, he means that for MCX gold, the June contract might encounter resistance at Rs 72,650-73,555, with assist ranges positioned at Rs 69,200-69,022.He notes that costs on MCX have elevated by 4.86% or Rs 3,298 in April alone. On a year-to-date foundation, the uptick quantities to Rs 7,777 or 12.30%. Concerning the Silver contract, Gupta said that this month’s positive factors are at 8.82% or Rs 6,604, whereas year-to-date positive factors stand at 9.68% or Rs 7,226.Gupta additionally talked about that the value of gold in vital bodily bullion markets corresponding to Delhi, Ahmedabad, and different cities is Rs 71,000 per 10 grams, whereas the value of 1 kilogram of silver is Rs 82,000.Neha Qureshi, Senior Technical & By-product Analyst at Anand Rathi Commodities & Currencies, highlighted that China’s central financial institution has been constantly shopping for gold for its reserves for 17 months as of March. This has considerably contributed to the latest surge in gold costs, driving them to a document excessive. In March, the Individualsโ€™s Financial institution of China elevated its gold reserves by 0.2% to 72.74 million troy ounces. This marks the smallest increment of their month-to-month purchases because the collection started in November 2022. Qureshi emphasised that this shopping for development, significantly outstanding in China and India, has performed an important position in bolstering the energy of gold since 2022, alongside expectations of decrease US rates of interest.ALSO READ | Apple Awas Yojana? Apple ecosystem to now construct residential amenities for employees after creating 1.5 lakh direct jobsShe added that the buildup of gold by central banks displays a wider context of geopolitical tensions and financial uncertainties. This contributes to the steel’s attraction as a safe-haven asset.Qureshi additional famous that on the every day chart, the April MCX Gold contract has exceeded its rising channel sample, displaying a development of ascending highs and lows, indicating upward momentum. Nevertheless, she cautioned towards a possible pullback, citing that gold’s RSI (Relative Energy Index) has reached an overbought zone. In keeping with the analyst from Anand Rathi, resistance ranges are anticipated at Rs 70,900- Rs 71,300, whereas assist ranges are anticipated at Rs 70,100- Rs 69,700.Neha Qureshi’s intraday buying and selling technique is as follows:- Purchase MCX June Gold futures at Rs 70,700 with a cease loss at Rs 70,300 and a goal worth of Rs 71,300.- Purchase MCX Might Silver futures at Rs 80,900 with a cease loss at Rs 79,900 and a goal worth of Rs 82,900.

#Gold #Fee #Immediately #Gold #price #right now #Gold #hits #document #excessive #time #silver #worth #surges #document #highs #India #Enterprise #Information

Document Rs 100 lakh crore achieve in 9 months! BSE market cap hits Rs 400 lakh crore for first time

๐Ÿ“… April 8, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

BSE m-cap hits document excessive! On Monday, the mixed market capitalisation of all listed shares on BSE crossed the Rs 400 lakh crore milestone for the primary time as each the Sensex and Nifty reached new all-time highs. This surge, pushed by retail buyers diverting funds from conventional avenues, marks a Rs 100 lakh crore progress in BSE’s market cap inside simply 9 months.In line with an ET report, in July 2023, the market cap hit Rs 300 lakh crore when Nifty stood at 19,400. Since then, the Nifty has soared over 16%, not too long ago peaking at 22,623.90. Small and midcap shares have witnessed important positive aspects, with many providing excessive returns. The current enhance of Rs 100 lakh crore consists of contributions from new listings like IPOs and fairness fundraising, however the majority of positive aspects stem from rising share costs.India’s market cap milestones embody Rs 50 lakh crore in 2007, Rs 100 lakh crore in 2014, and Rs 200 lakh crore in February 2021. The present bull run is unprecedented when it comes to wealth creation for India.Additionally Learn | Why are foreigners searching for Indian shares?International fundsโ€™ gross purchases at document excessive of Rs 4 lakh crore in MarchOver the previous yr, PSU shares have outperformed, with Nifty PSE and Nifty CPSE doubling, and Nifty PSU Financial institution rising by about 95%. The Nifty Microcap 250, Nifty Smallcap100, and Nifty Midcap100 indices have surged by 93%, 80%, and 66% respectively.Wanting forward, elements like central financial institution price selections, election outcomes, and company earnings will affect inventory costs. Dr. V Ok Vijayakumar from Geojit Monetary Providers says there’s a dynamic macroeconomic panorama. In line with him, firstly of this yr, the market anticipated seven price cuts by the US Fed in 2024. This projection later diminished to a few, and now there is a rising perception that the Fed may solely lower charges twice this yr. He’s of the view that the robustness of the US financial system and job market has caught many consultants and market gamers off guard. Regardless of the downscaling of price lower expectations, the first market stays resilient, constantly reaching new highs. This resilience is anticipated to supply world help for fairness markets similar to India.India’s capital markets have seen a surge in retail participation, with demat accounts rising from 36 million in March 2019 to 151 million in March 2024. Home fairness inflows have totaled $92.7 billion within the final 5 years.Motilal Oswal said that India Inc. raised $92.9 billion by way of main markets prior to now 5 years, emphasizing India’s progress potential. It forecasts India’s GDP to surpass $4 trillion in FY25/26 and $8 trillion by FY34.

#Document #lakh #crore #achieve #months #BSE #market #cap #hits #lakh #crore #time

Sensex hits new excessive for 2nd day

๐Ÿ“… April 6, 2024 | ๐Ÿท๏ธ Business Finance
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Just enter your monthly investment, time period, and expected return rate.

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Test different scenarios to find the perfect investment plan for you.

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How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

MUMBAI: The sensex registered marginal good points to hit a lifetime excessive of 74,248 on Friday after RBI maintained the established order on rates of interest amid a detrimental development in world markets. On Thursday, the sensex had jumped 351 factors to settle at an all-time excessive of 74,228. It rose 21 factors additional to settle at a contemporary file of 74,248 in Friday’s session.

#Sensex #hits #excessive #2nd #day

Gold hits a brand new report, finest month in over 3 yrs

๐Ÿ“… March 30, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

HYDERABAD: Per week after it vaulted over the $2,200/oz mark in worldwide markets for the primary time, gold touched yet one more life-high of $2,236 within the wee hours of Friday. In March, it has gained 9.3%, logging its finest month since July 2020 (see graphic).Although MCX remained closed on account of Good Friday, costs of 24k gold have been quoting above Rs 70,000 per 10gm (together with import responsibility & GST) within the native market.With the yellow steel closing at an all-time excessive of $2,233, Indian Bullion and Jewellers Affiliation nationwide secretary Surendra Mehta stated it could effectively open $30-40 larger on Monday.”Gold has gone off the charts. If it keeps growing at this rate, it will become more of an investment commodity than a consumer item. Once that happens, it will only go up higher,” stated Mehta, declaring that the newest bounce could possibly be attributed to heavy shopping for by China along with shopping for by central banks of different nations.Avinash Gupta, former director of All India Gems & Jewelry Home Council, stated costs are transferring on technicals solely as there isn’t any change in fundamentals apart from elevated shopping for by central banks. “The technical support is so strong that now, we are looking at $2,350.” However the extra gold dazzles, the extra it loses its sheen for jewelry shoppers. “Jewellery business is down everywhere to just 30% of normal levels due to rising prices,” Gupta stated.

#Gold #hits #report #month #yrs

Russian rouble hits one-week low vs greenback after lethal Moscow assault

๐Ÿ“… March 25, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

MOSCOW: The rouble hit a one-week low previous 93 to the greenback on Monday because the Russian market reopened after a lethal taking pictures rampage close to Moscow on Friday night, with the Russian foreign money supported by excessive oil costs and month-end tax funds. Russia lowered flags to half-mast for a day of mourning and charged 4 males it accused of gunning down scores of individuals at a live performance outdoors Moscow on Friday evening within the deadliest assault inside Russia for twenty years. At 0730 GMT, the rouble was unchanged towards the greenback at 92.81, having dipped to a one-week low in early commerce. It had misplaced 0.1% to commerce at 100.36 versus the euro and shed 0.3% towards the yuan to 12.78 . Traders had been additionally reacting to Friday’s rate of interest maintain at 16%. The Financial institution of Russia warned that inflationary strain remained excessive and that tight financial circumstances can be maintained for a very long time to attempt to return inflation to the financial institution’s 4% goal.Brent crude oil, a worldwide benchmark for Russia’s important export, was up 0.4% at $85.76 a barrel. The rouble also needs to be supported this week by month-end taxes that often see exporters convert overseas foreign money revenues to pay native liabilities. Russian inventory indexes had been decrease. The dollar-denominated RTS index was down 0.5% to 1,107.0 factors. The rouble-based MOEX Russian index was 0.4% decrease at 3,259.5 factors.

#Russian #rouble #hits #oneweek #greenback #lethal #Moscow #assault

Paytm hits upper-circuit for second consecutive session, inventory buying and selling at 389.20

๐Ÿ“… March 18, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

NEW DELHI: Share of One97 Communications, mum or dad firm of Paytm, hit higher circuit for second consecutive session on Monday. The inventory surged 18.50 or 4.99% to 389.20 with a complete improve of 11% in two classes after it acquired approval from the Nationwide Funds Company of India (NPCI) be a part of UPI as a third-party software supplier below the multi-bank mannequin. Morgan Stanley maintained its Equal Weight stance with a goal worth of Rs 555, viewing this improvement positively and according to expectations. The impression on Paytm’s enterprise in February and the shift of Paytm Fee Financial institution’s enterprise to different banks are areas of curiosity for the agency. 4 banks, together with Axis Financial institution, HDFC Financial institution, State Financial institution of India, and YES Financial institution, will function Fee System Supplier banks to One 97 Communications. YES Financial institution may even operate as a service provider buying financial institution for UPI retailers, with ‘@Paytm’ deal with being redirected to YES Financial institution as per an organization submitting on Thursday. This transfer ensures continuity in UPI transactions and AutoPay mandates for present customers and retailers. NPCI has suggested Paytm to swiftly migrate all present handles and mandates to the brand new PSP banks. The TPAP approval marks the decision of the ultimate regulatory problem for a seamless transition of shoppers and retailers, as highlighted by Jefferies. The brokerage famous that Paytm’s enterprise mannequin is anticipated to resemble that of pure cost service suppliers like PhonePe and Google Pay on account of potential lack of banking license, resulting in nearer collaborations with banks and controlled entities.

#Paytm #hits #uppercircuit #consecutive #session #inventory #buying and selling

Paytm hits higher circuit as NPCI permits UPI operation by way of SBI, 3 different banks

๐Ÿ“… March 15, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

NEW DELHI: Shares of Paytm’s guardian firm, One97 Communication, hit higher circuit on Friday following Nationwide Funds Company of India (NPCI) approval to hitch UPI as a Third-Social gathering Software Supplier (TPAP) below a multi-bank mannequin.Paytm shares surged almost 5% or 17.65 factors to 370.70 from its earlier shut of 353.05. Paytm will collaborate with Axis Financial institution, HDFC Financial institution, State Financial institution Of India Ltd, and Sure Financial institution for its UPI companies. Analysts imagine that this improvement is a constructive step and can facilitate a clean transition for purchasers and retailers. Jefferies India Pvt Ltd said, ‘The approval removes the ultimate regulatory hurdle for Paytm.’ Paytm confronted a drastic drop of over 50% in its share worth following regulatory actions by the Reserve Financial institution of India towards Paytm Funds Financial institution Restricted on January 29. RBI had earlier directed NPCI to overview Paytm’s software to function as a TPAP for UPI. This transfer ensures that Paytm can proceed utilizing UPI in compliance with laws. Analysts anticipate a shift in investor focus from regulatory challenges to operational efficiency.

#Paytm #hits #higher #circuit #NPCI #UPI #operation #SBI #banks

Bitcoin hits $70,000 for first time: A brand new period or speculative surge?

๐Ÿ“… March 9, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Bitcoin’s value soared to a brand new document, reaching over $70,000 for the primary time amid a frenzy within the crypto market. The spike displays escalating investor curiosity in newly launched US spot exchange-traded crypto merchandise and the anticipation of declining world rates of interest.Why it mattersThis surge marks a major restoration from the crypto winter triggered by the collapse of the FTX change, renewing religion in digital currencies.The rally is propelled by institutional investments and main occasions just like the Ethereum improve and Bitcoin’s upcoming “halving,” probably reshaping the market’s future.The large pictureThe SEC’s approval of 11 spot bitcoin ETFs signifies a turning level, drawing long-term institutional cash which may stabilize the inherently unstable crypto market. This shift, coupled with a staggering $2.2 billion influx into the biggest US bitcoin funds, underscores a rising acceptance of cryptocurrencies in mainstream finance.MemecoinsAs per a Bloomberg report, within the crypto market, memecoins like Shiba Inu and Dogecoin have caught the eye of retail buyers in search of fast income, regardless of these tokens missing typical fundamentals. Shiba Inu emerged as a favourite within the earlier bull market, whereas Dogecoin is taken into account the pioneer memecoin. There is a rising curiosity in new tokens resembling PEPE and WIF, perceived as rising alternatives. โ€œAs Bitcoin consolidates at current levels and ETH relatively outperformed in the short-term, eyes are sure to be focused on altcoins and specific side-narratives that start to spin up,โ€ stated Chris Newhouse, a DeFi analyst at Cumberland Labs. Newhouse talked about, โ€œAs capital continues to be deployed across the private markets, retail has started to notice emerging narratives to take note of when an eventual โ€˜altcoin seasonโ€™ emerges off the back of a potential rotation out of ETH and across the broader ecosystem.โ€Between the linesDespite the bullish momentum, the crypto market’s speculative nature stays a priority. Sharp reversals, just like the over 10% drop after reaching the excessive, spotlight the precariousness of investing in such belongings. The historic volatility related to Bitcoin, particularly round main occasions like halving, suggests potential for each vital positive factors and losses.What they’re sayingโ€œPast history may not be a reliable guide to predict how the upcoming halving of bitcoin will influence its value,โ€ Rajeev Bamra, senior vice chairman of digital finance at Moodyโ€™s Buyers Service, instructed AP. โ€œVarious external factors, market sentiment shifts, and regulatory developments can influence the trajectory of Bitcoinโ€™s price.โ€What subsequentโ€œItโ€™s essential to exercise caution and acknowledge that the road ahead for the digital finance ecosystem, particularly the crypto markets, is expected to navigate through a period marked by volatility,โ€ Bamra famous โ€” pointing the significance of โ€œcautious optimism.โ€Because the crypto panorama continues to evolve, the market’s response to approaching developments, such because the Ethereum improve and Bitcoin’s halving, can be essential.Buyers and regulators alike can be watching intently, balancing optimism with warning on this unpredictable monetary frontier.(With inputs from businesses)

#Bitcoin #hits #time #period #speculative #surge

Gold hits file excessive for third day

๐Ÿ“… March 8, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

HYDERABAD: Out-dazzling itself with each passing day, gold scored a hat-trick of kinds on Thursday. The yellow metallic’s worth within the worldwide market vaulted to one more file excessive for the third straight day at $2,165-per-ounce, propelled primarily by US Federal Reserve chair Jeremy Powell’s dovish stance on rates of interest. Traditionally, rates of interest within the US and gold costs have had an inverse relationship.Following world cues, gold costs within the home market additionally surged to a brand new life-high degree at Rs 65,587 per 10gm for 24K (995 purity for April contract) on MCX in the course of the day.Within the native marketplace for bodily gold bars, the value of the valuable metallic jumped by round Rs 500 and was quoting at round Rs 65,650 (pre-tax) and Rs 67,270 (together with GST). In Delhi’s market, it was quoted marginally decrease.”Gold continued its upward march after US Fed chief Jerome Powell reiterated that the US central bank will most likely lower interest rates later this year. Weak US economic data and banking jitters all together pushed the US dollar and bond yields to a multi-week low, helping gold prices rally more than 3% so far this week,” stated Saumil Gandhi, senior analyst-commodities, HDFC Securities.The northward march for the yellow metallic isn’t anticipated to halt quickly, feels Gandhi. He stated that from a technical standpoint, the bullish development is prone to proceed as gold costs broke the earlier resistance and are actually in new territory. “Comex gold now has immediate resistance at $2,180/$2,200 level and support at $2,119/$2,094 level,” he stated.

#Gold #hits #file #excessive #third #day

Gold worth right this moment: Gold price hits new excessive; March positive aspects surpass Rs 2,700; what it is best to know | India Enterprise Information

๐Ÿ“… March 7, 2024 | ๐Ÿท๏ธ Business Finance
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Why Use Our SIP Calculator?

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Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

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How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Gold price right this moment: Gold costs reached a brand new peak, hitting Rs 65,298 per 10 grams on the MCX on Thursday, marking a rise of over Rs 2,700 throughout the first week of March. This surge within the yellow metallic’s worth is pushed by expectations of a June rate of interest reduce by the US Federal Reserve, boosting each home and worldwide markets.Chair Jerome Powell’s assertion in regards to the potential for the Central Financial institution to decrease charges within the upcoming months lifted market spirits, resulting in gold hitting a brand new peak of $2,152 in worldwide markets on Wednesday. ET quoted Anuj Gupta, Head of Commodity & Foreign money at HDFC Securities sayinf costs have surged by 5.24% on Comex and by Rs 2,700 or 4.34% per 10 grams on the MCX. He famous that the market is optimistic about potential rate of interest cuts by the US Federal Reserve.As of Wednesday, the MCX gold contract worth has elevated by 3.12% or Rs 1,975 on a year-to-date foundation.On Thursday, MCX Silver started with a decline after ending positively on Wednesday. Round 9:30 am, it was buying and selling at Rs 74,015 per kg, marking a lower of Rs 123 or 0.17%. Regardless of this, silver futures have seen a rise of practically Rs 2,859 or 4.01% in March, whereas displaying a decline of 0.39% or Rs 292 year-to-date, as per the evaluation by the commodity and foreign money professional.The MCX Gold April contract closed at Rs 65,199 on Wednesday, marking a modest enhance of Rs 21 or 0.03%. Equally, Might Silver futures settled at Rs 74,200, rising by Rs 62 or 0.08%. Though silver reached a every day peak of Rs 74,240 per kg, it stays distant from its all-time excessive of Rs 79,566.Gold has risen as a result of weakening of the greenback index (DXY), which has fallen under the 104 mark as soon as once more. At present, it’s buying and selling at 103.80 in opposition to a basket of six main currencies, remaining comparatively steady. During the last 5 buying and selling periods, the greenback index has depreciated by 0.17%.On Thursday’s morning commerce, gold futures on the Comex remained regular at $2,158.50 per troy ounce, displaying a marginal enhance of $0.30 or 0.1%. In the meantime, silver futures had been hovering round $24.390 per troy ounce, barely decrease by $0.103 or 0.420%.Neha Qureshi, Senior Technical & Spinoff Analyst at Anand Rathi Commodities & Currencies, remarked that the current surge in gold to a brand new file has shocked the market. This surge, pushed by weak US financial information and banking issues, resulted in a 5% enhance in costs over 4 buying and selling days. Regardless of no important modifications in expectations for Federal Reserve price cuts, geopolitical tensions and powerful demand, notably from China, have supplied strong help for gold. Moreover, central financial institution purchases and client demand have strengthened gold, regardless of its conventional inverse relationship with bond yields.Qureshi emphasised that an vital side to observe is the market’s expectation of the Federal Reserve’s timing for lowering borrowing prices. At present, there’s a 65% likelihood of a price reduce in June, in accordance with Qureshi.Qureshi famous that on the every day chart, the MCX April Gold contract is displaying a sample of upper highs and better lows, indicating a bullish pattern. Nevertheless, she cautioned in regards to the Relative Power Index (RSI), which is at the moment within the overbought territory. This implies a potential pullback in costs.The analyst from Anand Rathi identifies resistance ranges at Rs 65,300-65,500 and help ranges at Rs 64,500-64,300.Gupta said that the worth of gold in main bodily bullion markets reminiscent of Delhi, Ahmedabad, and different cities is Rs 66,000 per 10 grams, whereas the worth of 1 kg of silver is Rs 75,500.

#Gold #worth #right this moment #Gold #price #hits #excessive #March #positive aspects #surpass #India #Enterprise #Information

US shares rise on charge hopes as gold hits document excessive

๐Ÿ“… March 7, 2024 | ๐Ÿท๏ธ Business Finance
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Just enter your monthly investment, time period, and expected return rate.

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Test different scenarios to find the perfect investment plan for you.

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How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

LONDON: US and European inventory markets rose Wednesday and gold hit a document excessive because the Federal Reserve stored alive expectations of charge cuts later this yr and the British authorities unveiled a pro-growth funds.In unstable buying and selling, gold touched 2,150, nicely above its earlier excessive of $2,141.79 as expectations of decrease pursuits charges damage the greenback.US shares had slipped earlier this week as buyers locked in income forward of Wednesday’s congressional testimony of Fed chief Jerome Powell.Whereas Powell mentioned in ready remarks that “if the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this year,” although he did add that bringing down inflation was “not assured.” That was sufficient to offer market contributors hope that the central financial institution may begin lowering rates of interest in June, although it appeared to rule out a reduce at March’s coverage making committee. “Equities have dusted themselves down after yesterdayโ€™s sudden drop, relieved that Powellโ€™s testimony to US lawmakers has so far not revealed any unpleasant surprises,” mentioned Chris Beauchamp, chief market analyst at on-line buying and selling platform IG. Extra indications in regards to the rate of interest outlook will come Friday with the discharge of non-farm payrolls.Joe Mazzola, an analyst at Charles Schwab, mentioned whatever the charge outlook, shares seem nicely supported.On “Tuesday, the last half hour featured a comeback, which suggests there’s buying interest near the lows and potentially puts things on more solid footing,” he mentioned. The market builds in strong chances of a first rate cut by June or July.” Eurozone shares superior although much less strongly than US markets as buyers eyed Thursday’s financial coverage determination from the European Central Financial institution.The ECB is predicted to maintain its charges regular however could give clues about its future intentions. London equities climbed as finance minister Jeremy Hunt introduced a contemporary tax reduce for thousands and thousands of staff forward of a basic election anticipated this yr. “The direct result of Jeremy Hunt’s widespread tax cuts will be higher disposable income, meaning we could see higher GDP growth in the short term,” Mahmoud Alkudsi, senior market strategist at ADSS. “The equity market could rally if we see tangible evidence of these tax cuts boosting consumer spending and GDP growth,” Alkudsi mentioned.- Bitcoin, oil -Bitcoin eased considerably, a day after a record-breaking run, whereas gold marched to document heights.Bitcoin stood at $66,882 following Tuesday’s document pinnacle of $69,191. The world’s greatest cryptocurrency has soared this week on tight provides and strikes in direction of making bitcoin funding extra accessible.World oil costs gained floor on rising threat urge for food and indicators of robust US vitality demand, sellers mentioned.

#shares #rise #charge #hopes #gold #hits #document #excessive

India’s Zomato hits report excessive, bucking web shares’ sluggishness

๐Ÿ“… March 1, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

BENGALURU: Shares of Indian meals supply platform Zomato hit a report excessive on Friday, as enhancing profitability paves the way in which for future development, triggering a turnaround in investor sentiment.Zomato is the most-valuable web inventory in Asia’s third-largest economic system, with a market capitalisation of greater than 1.51 trillion rupees ($18 billion). On Friday, its shares rose practically 5% to 173.5 rupees.India’s a number of new-age web corporations that hit the markets in the course of the IPO frenzy in 2021 jumped after itemizing however slumped finally on investor scepticism over lofty valuations and enterprise fashions. A number of of those corporations additionally fell beneath their concern costs. Zomato, which was the primary to listing amongst friends like Policybazaar, Paytm, and Nykaa, had a restricted monitor report of profitability, and buyers fretted over its strategic strikes. Now, with the corporate’s outcomes trumping expectations for a number of quarters, sentiment has “completely reversed,” Sachin Dixit, web analysis analyst at JM Monetary, stated. “Investors are incrementally appreciative of whatever Zomato is trying to do and there is a certain amount of consumer love for the business model too.” Zomato’s “consistent earnings improvement” and well timed supply on development targets units it aside from its friends who’ve “no clear path to growing profitability”, Elara analyst Karan Taurani stated. Nykaa, which was an investor darling, is going through sure macro headwinds for the second, Dixit famous. In the meantime, Paytm, below the regulator’s scrutiny, has tanked. Zomato, with over half the market share in meals supply, will proceed to dominate the IPO-bound Swiggy, analysts stated. Blinkit – Zomato’s fast commerce enterprise, which it acquired in 2022 – is predicted to show EBITDA-positive subsequent fiscal yr and is seen by buyers as the subsequent lever of development for the agency.

#Indias #Zomato #hits #report #excessive #bucking #web #shares #sluggishness

Paytm hits decrease circuit for second consecutive day, inventory tanked by 5%

๐Ÿ“… February 29, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

NEW DELHI: Shares of One97 Communications Ltd, proprietor of Paytm model, hit decrease circuit restrict for second consecutive day on Thursday. Paytm shares fell by 5% or 20.30 to 385.90 from its pervious shut.Paytm shares dropped 5% and hit decrease circuit restrict throughout Wednesday’s late morning commerce. The inventory fell to Rs 406.15 on the BSE. Vijay Shekhar Sharma has just lately resigned as part-time non-executive chairman of Paytm Funds Financial institution Restricted.The financial institution’s board has been reconstituted, and the method of appointing a brand new chairman will start, in keeping with a submitting on Monday. This flip of occasions is essential contemplating the RBI’s crackdown on Paytm Funds Financial institution because of non-compliance and supervisory considerations.Final month, RBI took regulatory motion and prohibited PPBL from accepting recent deposits or top-ups in buyer accounts, wallets, FASTags, and different devices after February 29. The deadline was later prolonged to March 15.One97 Communications Ltd (OCL) is the proprietor of the Paytm model. OCL holds 49% of the paid-up share capital of PPBL (straight and thru its subsidiary), whereas Vijay Shekhar Sharma has a 51% stake within the financial institution.

#Paytm #hits #circuit #consecutive #day #inventory #tanked

Bitcoin hits $60,000 as ‘FOMO’ rally gathers tempo | Enterprise

๐Ÿ“… February 28, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Bitcoin shattered expectations by hitting the $60,000 mark on Wednesday, a feat not seen in over two years. This surge is an element of a bigger development, with a 42% value improve in February alone, marking its most vital month-to-month acquire since December 2020. At the moment, the cryptocurrency stands at $60,131, nearing its all-time excessive just under $70,000.Week-on-week gainsThe digital foreign money can be on observe for its most substantial week-on-week improve in a yr, boasting an 18.5% rise since February 21. This momentum underscores the rising curiosity and capital influx into the cryptocurrency market, notably into new US spot bitcoin exchange-traded merchandise (ETFs).Market dynamics and investor sentimentTraders are flocking to bitcoin in anticipation of April’s halving occasion, a mechanism designed to scale back the speed at which new cash are created, thereby slowing down the general provide. Moreover, expectations of Federal Reserve price cuts later this yr have heightened the attraction of riskier, higher-yielding belongings like bitcoin. “Bitcoin is being driven by the support of consistent inflows into the new spot ETFs and outlook for April’s halving event and June’s Fed interest rate cuts,” notes Ben Laidler, a strategist at eToro.The ETF effectThe introduction of bitcoin ETFs has considerably impacted the market, with main funds like these run by Grayscale, Constancy, and BlackRock witnessing surges in buying and selling volumes. Actually, this week, shares within the three hottest bitcoin ETFs have seen a dramatic improve, signaling a heightened curiosity in cryptocurrency funding autos.Capital inflows and provide dynamicsInflows into the highest ten spot bitcoin ETFs reached $420 million on Tuesday alone, reflecting a rising confidence within the cryptocurrency’s future. Antoni Trenchev, co-founder of Nexo, highlights the market’s potential: “If $60,000 doesnโ€™t whet the appetite, consider that 70% of bitcoin supply has remained unmoved for a year.” This shortage, coupled with elevated institutional funding, suggests a bullish outlook for bitcoin’s value.Broader crypto market trendsBeyond bitcoin, the second-largest cryptocurrency, ether, can be experiencing important progress, with a 3.2% improve to $3,353 and a 47% rise in February. This uptick has sparked hopes amongst buyers for the approval of ETFs based mostly on spot ether, indicating a broader market development in the direction of mainstream acceptance of varied cryptocurrencies.Future outlookWhile the present market surroundings seems regular, there may be an undercurrent of FOMO (worry of lacking out) amongst buyers.”There certainly isn’t a manic feeling to who’s buying and why – ether gaining against the field also speaks to a more measured environment – but there’s at least a little FOMO (fear of missing out) going on right now,” Joseph Edwards, head of analysis at Enigma Securities, advised Reuters.The regular rise of ether, alongside bitcoin’s explosive progress, suggests a extra mature, albeit nonetheless speculative, market panorama. As US regulators take into account extra purposes for cryptocurrency-based ETFs, the market awaits with bated breath for the following part of crypto funding evolution.(With inputs from companies)

#Bitcoin #hits #FOMO #rally #gathers #tempo #Enterprise

Google exec Amit Zavery: We fear about Microsoft desirous to โ€ฆ; Microsoft president hits again

๐Ÿ“… February 28, 2024 | ๐Ÿท๏ธ Business Finance
SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today โ€” no sign-up required.

Why Use Our SIP Calculator?

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month with powerful visuals.

Piggy Bank Icon

Customizable Results

Test different scenarios to find the perfect investment plan for you.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding do the work for you.

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

How I Turned โ‚น5,000/month into โ‚น6 Lakhs โ€” My 3-Year SIP Journey

In 2020, I was saving โ‚น5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into โ‚น6,12,000 โ€” and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

๐Ÿ“‰ What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

๐Ÿ“ˆ Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

๐Ÿ”„ My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: โ‚น6,12,000
  • Average returns: 13-15% p.a.

๐Ÿง  What Iโ€™d Do Differently If Starting Again

If I could start over, Iโ€™d set up my SIPs and forget about the daily market noise. Iโ€™d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iโ€™d start even earlier โ€” because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Alphabetโ€™s Google Cloud has intensified its criticism of Microsoftโ€™s cloud computing methods. In accordance with an unique report by Reuters, the corporate asserts that Microsoft is in search of a monopoly, which might hinder the event of rising applied sciences like generative synthetic intelligence. Google, at present trailing behind Microsoft and Amazon, raises issues in regards to the influence of Microsoftโ€™s practices on the cloud market.Lately, throughout an interview, Google Cloud Vice President Amit Zavery expressed apprehension about Microsoftโ€™s transition from on-premise software program dominance to cloud companies. Zavery stated that Microsoftโ€™s strategy dangers making a closed ecosystem, the place prospects are compelled to make use of Microsoftโ€™s choices completely. “We worry about Microsoft wanting to flex their decade-long practices where they had a lot of monopoly on the on-premise software before and now they are trying to push that into the cloud now,” Zavery informed Reuters.He additional warned that if Microsoftโ€™s cloud stays closed, it might result in long-term challenges, particularly in next-generation applied sciences like AI.Google needs regulators to actZavery known as for antitrust regulators to intervene, urging them to supply steerage and rules that stop Microsoft from leveraging its on-premise monopoly to ascertain a cloud monopoly. “I think regulators need to provide some kind of guidance as well as maybe regulations which prevent the way Microsoft is building the Azure cloud business, not allow your on-premise monopoly to bring it into the cloud monopoly,” Zavery stated.Zavery additionally reportedly criticised Microsoft’s agreements with particular person cloud distributors, saying these ignore the broader points. “Microsoft has been very smart, picking individual vendors who complain and do one-sided deals but they don’t solve the broader problem. So they can choose the winners and losers in many cases as well, so they kind of pick who they want to compete with,” Google Cloud VP stated.Microsoft dismisses the chargesIn response, Microsoft defended its practices, citing wholesome competitors amongst cloud hyperscalers. The corporate identified that, in accordance with impartial information, each Microsoft and Google made modest positive aspects in comparison with AWS (Amazon Net Providers), which continues to dominate the worldwide market.Microsoft president hits backMicrosoft President Brad Smith additionally weighed in, subtly referencing Googleโ€™s place. He highlighted that just one firm at present integrates each layer of AI, from chips to a thriving cell app retailer. “Today, only one company is vertically integrated in a manner that includes every AI layer from chips to a thriving mobile app store,” he informed the Cell World Congress in Barcelona.”We have listened to and work constructively and directly with independent cloud providers to change our licensing terms, addressing their concerns and providing more opportunity for them. Worldwide, more than 100 cloud providers have already taken advantage of these changes,” a Microsoft spokesperson stated.

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