Category: stock market

STOCK MARKET RELATED INFORMATION

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Indian big bull bows out

Rakesh jhunjhunwala

Veteran investor Rakesh Jhunjhunwala passed away on Sunday morning at the age of 62. Jhunjhunwala died at 6.45 am in Mumbai and was brought dead to Breach Candy Hospital, according to the reports.

He was often referred as the “Big Bull” and “Warren Buffet” of the Indian stock market.

Jhunjhunwala was a stock market trader and chartered accountant. He was also the chairman of Hungama Media and Aptech, as well as a director of Viceroy Hotels, Concord Biotech, Provogue India, and Geojit Financial Services.

Jhunjhunwala was the founder of India’s newest airline Akasa Air, which launched services in the Bengaluru-Kochi-Bengaluru sector from Cochin International Airport Limited (CIAL) on Friday (August 12).

He had teamed up with ex-Jet Airways CEO Vinod Dube and former IndiGo head Aditya Ghosh to set up the airline.

The self-made businessman was the son of an Income Tax (I-T) officer and is survived by his wife — Rekha — and three children.

Prime minister expressed grief over his demise. PM Modi said, “Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. He was also very passionate about India’s progress. His passing away is saddening. My condolences to his family and admirers. Om Shanti.”

Union Minister Smriti Irani
Minister of Women and Child Development of India expressed

Here are 10 top quotes by Rakesh Jhunjhunwala that that will continue to inspire investors:

Nobody can predict the weather, death, market and women. Market is like a woman, always commanding, mysterious, uncertain and volatile. You can never really dominate a woman and likewise you cannot dominate the market

Always go against tide. Buy when others are selling and sell when others are buying

Never invest at unreasonable valuations. Never run for companies which are in limelight

Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it

You do not succeed without obsession
Prepare for losses. Losses are part and parcel of stock market investor life
Growth comes out of chaos

Hastily taken decisions always result in heavy losses. Take your time before putting money in any stock

Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible

Stock markets are always right. Never time the market

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why sbi cards share prices are falling

SBI Cards shares hit 52-week low; what’s hurting the stock now

SBI Cards and Payment Services shares fell nearly two percent to a fresh 52-week low on Friday, adding to investors’ concerns as the stock entered the sixth session of losses in a row.

SBI Cards is due to report its financial results for the October-December period on January 24.

For the second quarter of the current financial year, SBI Cards and Payment Services reported a year-on-year rise of 67.3 percent in net profit to Rs 344.9 crore. Its revenue, however, declined 8.1 percent to Rs 1,173.2 crore.

The SBI Cards stock fell as much as 1.9 percent to Rs 845 on BSE, breaching its existing 52-week low of Rs 857.2, hit on Thursday.

Prior to Friday’s fall, SBI Cards shares had declined almost four percent in five back-to-back sessions.

Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. Active investors aim to buy stocks that vastly outperform the market – but in the process, they risk under-performance. Investors in SBI Cards and Payment Services Limited (NSE:SBICARD) have tasted that bitter downside in the last year, as the share price dropped 13%. That falls noticeably short of the market return of around 36%. We wouldn’t rush to judgement on SBI Cards and Payment Services because we don’t have a long term history to look at. The share price has dropped 20% in three months.

Given that the market gained 36% in the last year, SBI Cards and Payment Services shareholders might be miffed that they lost 13%. While the aim is to do better than that, it’s worth recalling that even great long-term investments sometimes

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NARENDAR MODI MEET VENTURE CAPITAL,PRIVATE EQUITY FUND A HEAD OF UNION BUDGET OF 2022

IS IT GOOD NEWS FOR STOCK MARKET OF INDIA

Prime Minister Narendra Modi on Friday hosted a roundtable interaction with representatives of venture capital and private equity funds.

According to the Prime Minister’s Office, this is a part of the constant endeavour of the Prime Minister to boost the investment climate in the country, and the motive of the Friday’s meeting was to gather inputs ahead of the next budget for FY22.

“He (Modi) discussed the efforts undertaken by the government to bring in more reforms, future potential of initiatives like PM GatiShakti, and steps taken to reduce the unnecessary compliance burden,” the PMO said in a statement.


“He also mentioned the innovation happening in India at the grassroot level and the boost to the startup ecosystem,” it added.

The representatives also discussed the opportunities that are emerging because of India’s exemplary climate commitments including the ones in the sphere of energy transitions, the statement added.

The private equity funds and venture capitalists gave inputs about areas like FinTech and Financial Management, and Software as a Service (Saas).

As preparation for next year’s Budget gathers steam, Prime Minister Narendra Modi on Friday met with leading private equity/venture capital players to seek suggestions on making India a more attractive investment destination.

Discussions during the meet revolved around seeking suggestions to make it even more easier to do business in India, attract more capital, and further the reform process, official sources said.

The meeting illustrates how the Prime Minister is interacting personally with industry leaders to gather inputs ahead of the next Budget, they added.

Finance Minister Nirmala Sitharaman is due to present on February 1 the Budget for the next fiscal year that starts on April 1, 2022.

Modi had in November last year met 20 large global investors managing assets of more than $6 trillion.

Since coming to power in 2014, the BJP government has unveiled a series of reforms that has helped India climb on the global ease of doing business ranking.

It is now pushing for making India a manufacturing hub. Production-linked incentive schemes for sectors from automobiles to semiconductors and solar have been announced to attract global manufacturers to set up base in the country

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Rate gain ipo should you apply?

RateGain Travel Technologies Ltd has concocted an underlying public proposition. The organization’s IPO opened on December 7 and will close on December 9, 2021. The issue size is Rs 1,335.74 crore which incorporates a new issue of Rs 375 crore and a proposal available to be purchased (or OFS) of 22.6 million value shares conglomerating up to Rs 960.74 crore. The IPO value band is set at Rs 405 – Rs 425 for each value share with one market part size of 35 offers adding up to Rs 14,875. A retail individual financial backer can apply for up to 13 parcels or 455 offers worth Rs 193,375. Up until this point, the movement and cordiality arrangements supplier’s IPO was bought in 34% on December 7, the principal day of offering. The retail financial backers’ class saw 1.87 occasions membership.

Bhanu Chopra and Megha Chopra are the advertisers. Their holding in the organization will diminish to 56.72% after the IPO. The offers will be recorded on BSE and NSE on December 17, 2021. RateGain plans to utilize the IPO continues for reimbursement or prepayment of obligation, to make installment of conceded thought for the obtaining of DHISCO, vital ventures, securing, and inorganic development. The IPO continues will likewise be utilized to make interests in innovation development, computerized reasoning, and other natural development drives, buy capital gear for the organization’s server farm.

RateGain Travel Technologies Ltd business

Set up in 2004, RateGain Travel Technologies is one of the main circulation innovation organizations around the world. It is additionally the biggest Software as a Service (or SaaS) supplier in the Indian travel and accommodation industry. The organization gives travel and neighborliness administrations across various verticals like inns, carriers, online travel planners, meta-search organizations, bundle suppliers, vehicle rentals, travels, and ships. The business gives between associated items to deal with the income creation esteem chain utilizing huge information capacities and coordination. Throughout some undefined time frame, RateGain Travel extended its item portfolio to computerized reasoning and AI capacities.

RateGain Travel conveys travel and neighborliness innovation arrangements through the SaaS stage through three specialty units; 1. Information as a Service (or DaaS), 2. Circulation, and 3. Showcasing Technology. The firm serves in excess of 1400 clients including eight worldwide Fortune 500 organizations as of June 30, 2021. The organization’s noticeable clients incorporate Six Continents Hotels, InterContinental Hotels Group, Kessler Collection, Lemon Tree Hotels, Oyo Hotels, and Homes Pvt Ltd.

RateGain Travel monetary execution

A brief glance into RateGain Travel’s three-year financials uncovers a lopsided pattern. Indeed, even its top line hasn’t showed a rising pattern over years. In FY2020, its income became 67.8% to Rs 457.61 crore from Rs 272.7 crore in FY2019. Notwithstanding, the income dove 42.3% in monetary 2021 to Rs 264.09 crore. For an organization set up in 2004, it doesn’t look great. The equivalent has happened to its primary concern. The organization’s benefit after duty (or PAT) was Rs 11.03 crore in FY2019 with a PAT edge of 4%. In any case, the organization experienced a substantial misfortune in the resulting years. RateGain announced a total deficit of Rs 20.1 crore and an overal deficit of Rs 28.6 crore in FY2020 and FY2021 separately.

Profit and loss proof

Happy investment

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Top 5 book’s for the business

Hi every one,

These 5 books will help for the business ideas as well as business experience who wants build own busines empire for themselves they must read these books.

Rich dad poor dad

Rich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter.

It advocates the importance of financial literacy, financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one’s financial intelligence

Think and grow rich

Think and Grow Rich was written by Napoleon Hill in 1937

personal development and self-improvement book. He claimed to be inspired by a suggestion from business magnate and later-philanthropist Andrew Carnegie.

Psychology of money

The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness
Book by Morgan Housel

Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people.Money—investing, personal finance, and business decisions—is typically taught as a math-based field, where data and formulas tell us exactly what to do.

Intelligent investors

The Intelligent Investor by Benjamin Graham, first published in 1949

book on value investing. The book teaches readers strategies on how to successfully use value investing in the stock market. Millionaire Next Door

The millionaire next door

The Millionaire Next Door: The Surprising Secrets of America’s Wealthy
Book by Thomas J. Stanley

The Millionaire Next Door: The Surprising Secrets of America’s Wealthy is a 1996 book by Thomas J. Stanley and William D. Danko. The book is a compilation of research done by the two authors in the profiles of American millionaires. The authors compare the behaviour of those they call “UAWs” and those who are “PAWs”.

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Trade less more money

India’s No. 1 brokerage company owner nithin kamath what he said?

Trading actively is the toughest way to make easy money in life, unlike what most people think. Also, it can be quite stressful & stress can snowball.

To trade well, you need to trade less—both no of trades & capital. -nithin kamath ( zerodha co- founder)

This just made me realise—once again—that nothing is more important than good health and leading a stress-free life

The key to leading a stress-free life is to get rid of all the unnecessary sources of stress, which we artificially impose on ourselves. No points for guessing – active trading is one. Active trading is a serious source of stress, and unfortunately, no one talks about it

Most folks trade for the heck of it. Common reasons include ‘I don’t want more, even if I can make enough for daily expenditure that’s good enough for me’. And their daily expenditures include their daily cigarettes—the irony 😐—and tea expenditures

It starts with this premise and then quickly escalates to betting their house on Bank Nifty. Yes, you can risk manage and put a stop loss to your trade 🛑

But unfortunately, there is no stop loss to the financial stress and the impact on your cardiac health from active day trading. Every time a trade goes against your position, knowingly or unknowingly you are under stress and this can affect your health

The question you need to ask yourself is – is it worth it? Yes, the capital market is a serious source of wealth creation and everyone in this day and age should have exposure to markets. But there are many ways to do this smartly without taking on stress

For example- make long term investments via mutual fund, outsource your stress to a professional who knows how to deal with this. It does not make any difference if you trade and generate 10% or if a fund manager does it for you

Or if the stock market is what rocks your boat and you feel ‘compelled’ to trade, at least stick to positional trades where you have the luxury of time to think and plan without taking on stress

Or if you like trading actively, at least make sure you have the ability to realise when to cut and get out. Your time is probably better spent in doing things where you have an edge

So before you decide to take a plunge into trading actively, just don’t think about the monetary risk factors, think about the financial stress and the long term impact on your well-being. Stay healthy, stay stress-free.

Source Twitter : nithin kamth post

Explained by karthik rangappa
(author : Zerodhavasity)

Thank you for reading follow for more content realted business and stock market related posts

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5 Multibagger stocks in upcoming decade

Potential Stocks to hold for long term

Top 5 potential stocks hold for long tert with reason

Which 5 Indian stocks are most likely to get a return in 2021-22, and why?
1.Reliance industries

Reason: this industry have lots of future plans like retail stores and go gas oil business and communication community all other

2.Tata power

Reason: as we know in future there is a electric vehicles trend so tata power is largest power company in India it is going to be place lots of power station required to India and much more plans in future

3. Pi industry

Reason : this company products like fevikwik, FEVICOL, m-seal, Dr fix it many others products are in market there is no competition to these products as of now and in future also and now this shares is down by 10 % from high it is good to buy in dip

4. Asian paints

Reason : in paint company this is multinational brand and good product

5. United’s spirit

Reason: this is wine company in India it has 70% wine brand own by this company only and by price action view this gave breakout of 6+ break out I hope it’s multi bugger stocks in future

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Price action is more better for trading?

Hi every one,

What is price action?

  • Price action is the movement of a security’s price plotted over time. Price action forms the basis for all technical analysis of a stock, commodity or other asset chart. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions.

Key take away for price action

  • Price action generally refers to the up and down movement of a security’s price when it is plotted over time
  • Different looks can be applied to a chart to make trends in price action more obvious for traders.
  • Technical analysis formations and chart patterns are derived from price action. Technical analysis tools like moving averages are calculated from price action and projected into the future to inform trades
Continue reading “Price action is more better for trading?”
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Average time to became profitable trader

Hi Traders/Investors,

Before I answer this question, I want to share a caution!

“Successful Trading is not a destination, and it is a journey”

Every day we need to work hard to get success in trading. Each day and each trading opportunity is unique in the market.

Whenever I thought I know everything in the market, the next day, the market slapped very hard on my face (with a big fat loss) to indicate it is supreme.

What I do became a profitable trader ?

How long does it take to be a successful day trader?
You can see the journey of one year of one of my student’s below. Success in trading takes time, a lot of it.



It is only when you venture into this journey, your limits will expand. There is no time limit, there are only phases and you must not stay there, you must go beyond them.

You need to venture to the edge of your limits, are you?

If not, what’s stopping you?

These are the questions to ask yourself if you want to be a successful trader. You can not hope things will change for you on their own because they won’t. Nothing changes until you take the first step. The rest will follow as you push

A decade back, when I was struggling to make some profits in intraday trading, I had an opportunity to meet one of the famous traders who is also a great investment advisor in India.

During my conversation with him, he was very skeptical about intraday trading, and he said he always prefers to take positional trades and long-term bets.

He said, “In the long run, intraday trading doesn’t work!”. It was a devastating statement for me as I wanted to become a successful day trader.


After many years, I got an opportunity to meet him once again. This time I was equipped with results and proofs of success



“Successful Trading is not a destination, and it is a journey”

Every day we need to work hard to get success in trading. Each day and each trading opportunity is unique in the market.

Whenever I thought I know everything in the market, the next day, the market slapped very hard on my face (with a big fat loss) to indicate it is supreme.


I must admit some of the facts about my trading:

I don’t belong to the 90% accuracy trading category. From an analysis perspective, I will get 80-90% accuracy. But in practical trading, I only get 50-60% accuracy. However, I only look for good risk-reward trades (a minimum of 1:2). Hence, it is quickly covering up the losses and turns into a profitable business.
I do take successive losses in my trading, and these losses are painful. However, I have strong money management rules and hence don’t lose much money when I fail. I take a break from the market when I get successive losses in my trading.
I feel high when I make a big profit on any trade. From my past experience, I have realized that whenever I made a big profit, I will feel high, and the next day I will lose money in trading. Hence, I will take a break for 1-2 days whenever I make a big profit on any trading day.
Even though I am an intraday trader, sometimes, I don’t get trades for a couple of weeks (or I am interested only in high profitable trade setups). On all the other days, I am happy to sit and watch the market without doing anything.
I still face problems whenever I try all trading types (like intraday, positional, and investment). Hence, I have restricted my trading activities to positional, and very rarely, I opt for intraday trades.

Hope you all have understand. Happy investing and trading

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Muhurat Trading 2021 you must add these stocks into your portfolio

Happy muhurat trading

Muhurat Trading Date and Time 2021: Leading stock exchanges BSE and NSE will conduct special muhurat trading session on the occasion of Diwali on November 4. Muhurat Trading (Opening bell ringing ceremony) will start at 6.15 pm.

What to buy getting confusion?

Here are some good potential stocks which have better future to build your wealth as well as your money

1.Reliance

2.Hdfc bank

3.Tata power

4.Prestige

5.mcdowenllns (united spirits)

6.Tech Mahindra

7.Asian paint

8.Bajaj finance

9.Larsen&toubro(l&t)

10.Granuels

Start your investment journey from buying these stocks on this muhurat trading 2021 happy dipwali to all

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