Figyan

Finance

Demat Debit and Pledge Instruction (DDPI)-All you need to know

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SEBI has introduced the mechanism of “Demat Debit and Pledge Instruction (DDPI)” vide circular dated April 04, 2022. DDPI shall serve the same purpose of POA by significantly mitigating the misuse of POA.We all know, when you buy securities via your trading account, they are kept within the Demat Account maintained with CDSL/NSDL. When you decide to sell them, it's … [Read more...] about Demat Debit and Pledge Instruction (DDPI)-All you need to know

What is the expiry date of weekly Nifty and Bank Nifty option contracts

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In the case of a Nifty weekly option contracts, expiry is every Thursday of the week. In Bank Nifty, the expiry is every wednersday of the week.In case Thursday / wednersday is a trading holiday, the previous trading day shall be the expiry/last trading day.All contracts shall expire at the normal market closing time on the expiry day or such other time as decided by … [Read more...] about What is the expiry date of weekly Nifty and Bank Nifty option contracts

Smart money vs dumb money – what is the difference

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Smart MoneySmart money is the amount of capital invested and controlled by experienced, well informed, and managed financial institutions such as institutional investors, asset management companies (AMCs), banks, financial institutions, investment banks, funds, and other financial professionals.These big-time market participants have a fuller understanding of the … [Read more...] about Smart money vs dumb money – what is the difference

What is 100 minus age rule in investing

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Many consider the “100 minus age” rule as a smart investing approach for a happy retirement life.The 100 minus age rule is known as the rule of thumb developed over the years for better asset allocation.This rule says how much of each investment type you need to hold in your portfolio at a specific age.100 minus age rule says you should take 100 and subtract your age to … [Read more...] about What is 100 minus age rule in investing

What is Bank Nifty CE and PE

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You might be confused with the terms CE and PE. These terms are used in option contracts.An option gives a person the right but not the obligation to buy or sell something.An option is a contract between two parties wherein the buyer receives a privilege for which he pays a fee (premium) and the seller accepts an obligation for which he receives a fee.The premium is … [Read more...] about What is Bank Nifty CE and PE