Market Update | Enrichwise

February 1, 2022 Market Update Kapil Jain

Budget 2022-23 Highlights

Budget 2022 Highlights: Key Takeaways for Investors Cryptocurrency and Digital Rupee The government intends to develop a digital rupee based on blockchain and other technologies in the fiscal year 2022-23. It will be issued by the Reserve Bank of India. Profits from digital assets will be taxed at the highest rate of 30%. Only the […]

May 13, 2020 Economics, Financial Planning, Market Update, Uncategorized Kapil Jain

Atmanirbhar Bharat – Financial Stimulus Package Announcement – Summary of Key Measures to Boost Economy !!!!!

Atmanirbhar Bharat – Financial Stimulus Package Announcement – Summary of Key Measures to Boost Economy !!!!! #Stimulus Package MSME measures 1. Collateral free automatic loans. 4 year tenor with 12m moratorium. 100% credit guarantee on principal and interest – 3L Cr (60k Cr cover) 2. Subordinate Debt for stressed MSMEs (which are NPA or are […]

February 28, 2015 Market Update admin

Highlights of Union Budget 2015-16

Following are the Highlights of the Union Budget 2015-16. You may read the key features of the budget here. . Taxation: Abolition of Wealth Tax. Additional 2% surcharge for the super rich with income of over Rs. 1 crore. Rate of corporate tax to be reduced to 25% over next four years. Total exemption of up […]

February 27, 2015 Market Update admin

Highlights of the Railway Budget for 2015-16

Highlights of Railway Budget for 2015-16 Following are highlights of the Railway Budget for 2015-16 FARES, FREIGHT * Emphasis on gauge conversion over next 5 yrs * Must run fast trains like Rajdhani, Shatabdi * To up track length by 20% to 138,000 km next 5 years * Must substantially regain freight mkt share * […]

February 4, 2012 Market Update, Stocks, Mutual Funds, Etf's etc admin

Facebook IPO!!! Valuation @ approx $100Billion

Facebook IPO valuation is tagged @ $100Billion making it one of the largest IPO launch in history. Personally, I think that this is a BIG Hype. At $100 billion total value Facebook will be trading at a Price to Earnings multiple, or P/E, of 77 and Price to Sales multiple of around 25. A significant […]

September 9, 2010 Investment Planning, Market Update, Stocks, Mutual Funds, Etf's etc admin

Reliance – 2nd among world's largest value creators

There is a report in Business Standard which mentions many Indian Companies amongst the world’s largest value creators in this decade. The report is here : Mukesh Ambani-led Reliance Industries has been ranked second in the list of world’s 10 biggest ‘sustainable value creators’, companies that have been successful in creating the most shareholder value […]

August 21, 2010 Market Update, Stocks, Mutual Funds, Etf's etc admin

Changes in Nifty from Oct 01 2010!

Following changes take place in Nifty from Oct 01 2010 — ABB, Unitech and Idea Go Out. Bajaj, Dr Reddy and Sesa Goa come in.

August 2, 2010 Derivatives, Investment Planning, Market Update, options, Stocks, Mutual Funds, Etf's etc, Tutorials admin

Selling Options : Sometimes it can be made to good use.

. Options, by definition, are a wasting asset. The time decay, declining volatility etc. eat away into the premiums of the options. Many option buyers learn this fact the hard way by watching their option contracts expire worthless many times. The majority of options expire worthless (estimates are somewhere > 80%). Given that the majority […]

July 27, 2010 Market Update admin

RBI hikes short-term rates; CRR unchanged

The central bank raised interest on Tuesday in the face of inflation has been above 10 percent for the past five months. The Reserve Bank of India said it would continue to normalize policy in line with the growth and inflation rate in the economy. The RBI lifted the repo rate, at which it lends to […]

July 8, 2010 Market Update admin

ICICIdirect's trading site crashes; customers trapped and helpless

The online trading system as well as the phone-order service of ICICIdirect broke down today leaving numerous customers feeling completely helpless. However, the company is keeping mum so far ICICIdirect.com, ICICI Securities Ltd’s retail trading and investment services portal crashed today due to technical glitches. This has put all of its customers in deep trouble. […]

Category: Market Update