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Showing posts from January, 2024

How to open Minor Demat account - Features, Benefits

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Those Millennials who think of family planning want their family, spouse, and children's futures to be secure when they are in their prime ages. As they grow older, both productivity and passion for work witness a decline. So even before they take their first step toward family planning, they anticipate future expenses and try to match their income with expenses or cut out unnecessary expenses. In today’s India, where people prefer to transact through UPI, purchase digital gold, and everything is going digital, the stock market is ripping higher, and people prefer the financial market as a way to grow their savings rather than traditional fixed deposits and gold ornaments. For that purpose, having a demant account is essential. Parents and guardians lay the saving foundation for a child by gifting them stocks or a portfolio of securities. Here is when demand meets supply and investors feel the need to open a demat account with a stock broker. Can a Minor Open a Demat Account? Acco...

Stocks to Benefit from Ram Mandir Inauguration: IRCTC, IndiGo, EaseMyTrip to name few.

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Shri Ram Mandir , popularly known as Ayodhya Ram Mandir, reflects the cultural and spiritual heritage associated with Lord Rama, holds immense cultural and religious significance for the Hindus, and is believed to have been built at the birthplace of Lord Shri Rama. India’s Prime Minister Narendra Modi opened the door of the magnificent Ram Temple on January 22 after a long wait of 500 years, turning the page on arguably India’s most fractious dispute. Temples and deities hold a special place in Hindu traditions and rituals. The temple, which came for Rs 1,800 crore, is expected to stand for 1000+ years, according to Larsen & Toubro, which designed and built the complex. The Rs. 1800 crore temple led to the Rs. 85,000 crore Ayodhya makeover, which is set to transform the ancient city from a sleepy town into a global religious and spiritual tourist hotspot. A city makeover, including airports, revamped railway stations, townships, and improved road connectivity, will likely drive a ...