Leveraging – Not A Good Idea Always

Leveraging – Not A Good Idea Always

Soham has been investing small amounts in the stock market for some time.  He had made good profits on some of the stocks invested at the beginning of the year 2018. He decided to increase his stake as he wanted to make more profits. But he did not have enough capital and so he borrowed Rs. 5,00,000 and invested in Indiabulls Housing Finance futures in June 2018. He bought 10 lots (500units – 1 lot)) of Indiabulls Housing Finance futures. His contract value was Rs. 6,00,000. Each unit cost Rs….

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Right Horizons – Weekly Market Report [18-09-2017 to 22-09-2017 ]

Right Horizons – Weekly Market Report [18-09-2017 to 22-09-2017 ]

Equity Market Update: Indian equities could not maintain the previous week’s positive trend. S&P BSE Sensex and Nifty 50 lost about 1% each. Sentiments were mainly affected after the government’s plan for Rs 50,000 crore stimulus spending raised concerns over fiscal deficit.   Debt Market Update : Government bond prices ended down in the week as sentiment took a hit as reports of the government considering a stimulus package to boost the economy led to fear of extra borrowing in the current financial year. The 10-year benchmark 6.79%, 2027 bond…

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The new avatar of the EPF. Governance, Limits and Revisions

The new avatar of the EPF. Governance, Limits and Revisions

Ever since the announcement of the EPF withdrawal limits, there is has been much a furore among EPF account holders. With views and analysis pouring in from experts, the EPFO is transforming itself with new strategies, features and parameters to garner the much-needed support of its contributors. First things first. Here’s a quick round up of all the latest changes in the EPO since 2016.     Raising the minimum limit. Understand that the minimum limit for compulsory EPF contribution was raised from 6500/- to 15000/-. To explain it simply,…

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