Finance corner
Equity Linked Savings Scheme (ELSS)
What is ELSS? Equity Linked Savings Scheme (ELSS) is a Tax-Saving Equity Oriented Mutual Fund that invests a major portion of the corpus (funds) in equity shares of different companies. Every fund house has a fund manager who picks the equity stocks from across the sectors after conducting in-depth research to maximize the returns on the […]
Trading Account v/s Demat Account
Trading and Demat accounts are two fundamental requirements for trading in a stock market. Investor needs to understand the primary difference between the two. Trading Account: A Trading Account is used by an investor to purchase and sell stocks/securities. Having a trading account gives you access to all the stock exchanges throughout the country like NSE (National Stock Exchange), BSE (Bombay Stock Exchange), […]
What are Blue-Chip Stocks?
Blue-chip stocks are shares of large, well-recognized companies with sound financial performance and established history. Some of the characteristics of Blue-chip Stocks are: Strong Balance sheet Consistent Growth rate Best Leadership/Management team Sound Financial position Consistent/Increasing Annual returns Stable/Low Debt-Equity ratio Regular/Increasing Dividend payout High Liquidity These qualities make these stocks worth investing in. Blue-chip stocks have a […]
Indian Stock Market to move to T+1 Settlement Cycle in a phased manner
The Indian Stock Exchanges NSE and BSE will be implementing the T+1 settlement cycle in a phased manner starting from today i.e. 25th Feb 2022. This means that trade settlements will be done within one day of the transaction completion. Currently, trades on the Indian Stock Exchange are settled within two days i.e. T+2 settlement cycle is […]
Interesting Facts about BSE and NSE
The NSE and BSE are the leading stock exchanges of the Indian market. NSE stands for “National Stock Exchange”, and BSE stands for “Bombay Stock Exchange”. There is a huge difference in the volume traded in both the Exchanges resulting in price difference and liquidity. National Stock Exchange (NSE): National Stock Exchange was established in the year 1992. It bought an electronic exchange system in India that led to the removal of […]
Face Value, Book Value and Market Value of a Share
Face Value: The Face Value also known as Par Value is the Nominal Value of a share declared by the company. It is the initial price printed on the share certificate when the shares are issued to the public. The Face Value of a share does not change with the change in the market price. Change in Face […]
What is Market Capitalization?
Market Capitalization is a common term when it comes to the stock market. If you are a beginner in the equity market, it is crucial to understand this term. “Market Capitalization” also known as “Market cap” is the aggregate valuation of the company based on its current share price and the total number of outstanding shares. It is calculated by multiplying the […]
Record Date v/s Ex-Date
Record Date and Ex-Date are two terms that should be clear to every investor to understand if he/she is entitled to the benefit of corporate actions undertaken by the company. Let us understand both terms: Record Date: The Record Date is the cut-off date used by the companies to determine whether a particular shareholder is entitled to a corporate action […]
What is a Stock Split?
A stock split is a corporate action undertaken by an entity to divide the existing shares into multiple new shares in order to boost liquidity. Although, the number of shares outstanding increases, the total value of the portfolio pre-split and post-split remains unchanged. A Stock split is done by a publicly-traded company. When a company […]
Three dedicated email IDs created by I-T department for taxpayers to register grievances under the Faceless or e-Assessment Scheme
The Income Tax (I-T) department on 7th August 2021, notified three email IDs for taxpayers to register grievances under the Faceless or e-Assessment Scheme. The department issued a message on its official Twitter handle saying: “In a move aimed to further improve taxpayer services in alignment with the Taxpayer’s Charter, the Income Tax department creates […]