Nifty Bank is an index composed of 12 banking stocks that has the highest market cap and most liquid. This means the index tracks the performance of the banking industry.Market participants in India and abroad prefer to call it Bank NIFTY.NIFTY Bank Index is computed using free float market capitalization method. It’s used for a variety of purposes such as benchmarking … [Read more...] about How to trade the Nifty Bank?
Finance
What is the concept of Mr market?
Economist and known as father of value investing, Benjamin Graham (1894-1976) has referred to a imaginary person as Mr. Market while teaching his philosophy of investing in his classic book “The Intelligent Investor”.He suggested to look at the market as a business partner who offer buy you out or sell you his interest in a company. He referred to this imaginary person as … [Read more...] about What is the concept of Mr market?
Passwords to open income tax files and e-Aadhaar
In this post we have listed passwords used to open various income tax files and e-Aadhaar.In case you don't get anything listed here, please contact us, to include that as well.What is the password to open an e-PAN card?The e-PAN card PDF is Password Protected. The password to access the PAN card is your date of birth, which is to be entered in the format … [Read more...] about Passwords to open income tax files and e-Aadhaar
ESOP: How Employee Stock Ownership Plan Works, Its Benefits And Taxation
Employee stock ownership plan (ESOP) is an employee benefit plan in which the employer offers shares of the company at a very low cost in order to encourage employees participation in the ownership of the company.The main purpose of employee stock ownership plan is to increase shareholders value by expanding employee ownership of the company.Many listed companies in … [Read more...] about ESOP: How Employee Stock Ownership Plan Works, Its Benefits And Taxation
Actively vs passively managed mutual funds: What is the difference?
It's important to know the difference between actively and passively managed funds before starting investing in a mutual fund.Actively managed fund means it's a mutual fund scheme in which the fund manager continuously monitors and manages the portfolio by applying his professional judgement and analytical research. The main objective of the fund manager is to generate … [Read more...] about Actively vs passively managed mutual funds: What is the difference?