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Showing posts from March, 2025

NPS ( National Pension Scheme) AFTER 30 YEARS

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  National Pension Scheme (NPS) Estimated Accumulation After 30 Years This is an estimated calculation of the amount that may be accumulated under the National Pension Scheme (NPS) after 30 years. This is not an investment recommendation but an approximate projection based on current salary structures and assumptions. 1. Basic Information: When an individual joins employment and contributes to NPS, both the employee and the employer make monthly contributions. The following assumptions are made for this calculation: Basic Pay at the Time of Joining: ₹21,400 Estimated Basic Pay at Retirement: ₹80,000 Gratuity (Approximate): ₹20,00,000 Earned Leave Encashment: ₹12,00,000 50% Dearness Allowance (DA) is assumed on the basic pay. 2. First Month’s NPS Contribution: If an individual joins with a basic pay of ₹21,400, their first month’s NPS contribution would be: Basic Pay: ₹21,400 50% Dearness Allowance (DA): ₹10,700 Total Salary: ₹32,100 Employee’s NPS Contribution (10%): ₹3,210 Empl...

NIFTY VIEW ON 19 MARCH 2025

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  The Nifty 50 closed at 22,907.6, maintaining a strong position despite volatility. The index has initial support at 22,700 and major support at 22,500, which are crucial levels to watch in case of any pullback. On the upside, 23,000 acts as a key resistance level, as it is a psychological barrier and a technically significant zone. A breakout above this level could trigger fresh buying momentum. Investor sentiment has been improving, bringing relief to the market after recent uncertainties. Global cues, especially from Wall Street, are likely to play a vital role in influencing Nifty’s direction. The NASDAQ and Dow Jones closed in the green, signaling strength in the U.S. markets, which often has a positive spillover effect on Indian equities. This global optimism can help Nifty sustain its bullish momentum and potentially push for a green close in the next session. If the global markets remain supportive, Nifty could attempt to breach the 23,000 resistance leve...

SBI SMALLCAP MUTUAL FUND

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  SBI Mutual Fund – Small Cap Fund: A Detailed Analysis SBI Mutual Fund’s Small Cap Fund is a popular investment option among investors looking for exposure to high-growth potential small-cap stocks. This fund has shown consistent performance over the years, making it an attractive choice for long-term wealth creation. Fund Overview Fund Name: SBI Small Cap Fund NAV (Net Asset Value): ₹149.7173 Market Capitalization: ₹28,453 Crores Launch Date: 9th September 2009 Fund Category: Small-Cap Equity Fund Investment Objective: The fund primarily invests in small-cap companies with high growth potential, aiming to generate long-term capital appreciation. Performance & Returns The SBI Small Cap Fund has delivered impressive returns over different time horizons, making it one of the best-performing small-cap funds in India. Below is a detailed breakdown of the fund’s returns: Investment period.              Returns  1 Year...

RAKESH JHUNJHUNWALA : THE BIG BULL OF INDIAN STOCK MARKET

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  Rakesh Jhunjhunwala: The Big Bull of Indian Stock Market Rakesh Jhunjhunwala, often referred to as the "Big Bull" of the Indian stock market, was one of India's most successful investors, known for his strategic vision, market acumen, and unyielding passion for the stock market. He was born on July 5, 1960, in Mumbai, Maharashtra, into a middle-class family. Over the years, Jhunjhunwala carved a name for himself as a self-made billionaire, and his journey to success is nothing short of inspirational. THE BIG BULL OF INDIA Early Life and Education Rakesh Jhunjhunwala was born to a conservative family. His father was a tax official, and his mother was a homemaker. Despite the middle-class background, Rakesh had a penchant for numbers and was particularly fascinated by the stock market. He completed his schooling from a local school in Mumbai, and later, he graduated with a degree in Commerce from Sydenham College of Commerce and Economics. While at college, Rakesh ...

HARSAD MEHTA SCAM 1992

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  HARSHAD MEHTA : SCAM 1992 Harshad Mehta was a notorious Indian stockbroker who became infamous for his role in a major financial scam in the early 1990s. This scandal, known as the Harshad Mehta scam, had profound impacts on the Indian stock market, its regulation, and investor confidence. Here's a detailed look at the events surrounding the scam, its execution, and the aftermath.      Background of Harshad Mehta Harshad Mehta was born in 1954 in a middle-class family in Mumbai. Initially, he worked as a salesman before gaining a foothold in the stock market. He founded his firm, "Growmore Research and Asset Management," and became known for his aggressive trading strategies. Mehta's meteoric rise to fame was driven by his aggressive speculation in the Bombay Stock Exchange (BSE), where he was often referred to as the "Big Bull." Mehta's reputation as a stock market genius grew rapidly in the late 1980s and early 1990s, thanks to his ability...

HISTORY OF RELIANCE INDUSTRIES

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  HISTORY OF RELIANCE INDUSTRIES: Reliance Industries Limited (RIL) is one of India’s largest conglomerates, with a presence in diverse sectors, including petrochemicals, refining, oil, telecommunications, retail, and digital services. Its history traces a journey of growth, innovation, and diversification that spans several decades. Origins and Early Beginnings Reliance Industries was founded by Dhirubhai Ambani in 1966 in the city of Ahmedabad, Gujarat. Initially, the company started as a small textile manufacturer under the name Reliance Commercial Corporation. The company’s first significant product was polyester yarn, which was manufactured in a small textile mill. At this time, India was largely dependent on imports for synthetic textiles, and Dhirubhai saw an opportunity to bridge this gap by creating a domestic market for polyester. In 1975, Reliance took its first significant leap with the establishment of a synthetic textile mill in Naroda, Gujarat, which became th...

JOURNEY OF INDIAN STOCK MARKET BSE

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BOMBA Y STOCK EXCHANGE : The Bombay Stock Exchange (BSE) has had a fascinating journey from its inception to its current position as one of the largest and most influential stock exchanges globally. Established in 1875, the BSE has seen numerous developments, innovations, and challenges. However, the period from 1986 to 2025 stands out as a particularly transformative era. During this time, the BSE expanded its influence, embraced technology, and became a significant player in the global financial markets. 1986: The Beginning of a New Era In 1986, the BSE marked a significant milestone in its history with the introduction of the BSE Sensex, a stock market index that was designed to measure the performance of 30 of the largest and most actively traded companies listed on the exchange. The Sensex, which stands for Sensitive Index, quickly became a key indicator of market trends and investor sentiment. This marked the beginning of a modern phase in the exchange's history, as...

NIFTY HISTORY OF INDIAN STOCK MARKET

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NATIONAL STOCK EXCHANGE: The Nifty, officially known as the Nifty 50, is a benchmark stock market index that represents the performance of the National Stock Exchange (NSE) of India. It was introduced in 1996 by the NSE and is composed of 50 large and well-established companies across diverse sectors of the Indian economy. The Nifty 50 is widely used as a barometer for the Indian stock market's overall performance and is considered one of the most important indices in India .   NATIONAL STOCK EXCHANGE     The Nifty 50 was initially lunched with a base value of 1,000 points, and its composition was determined to represent various sectors of the economy, including banking, information technology, energy, healthcare, and consumer goods. Over time, the index has evolved to include new and emerging sectors as India's economy has grown and diversified.  The Nifty 50 reflects the market performance of the largest, most liquid stocks listed on the NSE, making it a re...