Moneysukh

  Open Interest (OI) is one of the very useful indicators in future and options (F&O) to trend in a particular stock or broader market index trading in the derivatives market. You can use the open interest (OI) data to find out the sentiments of the traders towards a particular stock or indices. You can also analyze the current trend and expected price movement. For  intraday trading  or for short-term trading in the  F&O  segment with the short-term weekly or monthly you can use the open interest to get insight of the stocks trading under this segment. And to use the OI effectively in trading you need to properly read, understand and interpret the open interest (OI) data with examples. That we are going to discuss here. What is Open Interest in the Stock Market? Open Interest or OI is the total number of contracts in options and futures or  derivatives  market held by the traders that are active right now. These positions are still open in the...

  Belstar Microfinance – About the Company Belstar Microfinance, established in 1988 and acquired by Dr. Kalpanaa Sankar in 2008, is India's ninth-largest NBFC-Micro Finance Institution in India. The company aims to be a socially responsible microfinance institution, driving financial inclusion by promoting entrepreneurship and economic empowerment of women in rural and semi-urban regions. The company offers a variety of loan products, including micro enterprise, small enterprise, consumer goods, festival, education, and emergency loans. The company's lending model, the "self help group" (SHG) model, represents 56.94% of its gross loan portfolio as of December 31, 2023. With 1,009 branches, the company serves approx. 2.67 million customers across 279 districts in 19 states and union territories. The company is supported by Muthoot Finance Limited and private  equity investors  Maj Invest and Affirma Capital. Belstar Microfinance IPO Issue Price & Size Belstar Micr...

  Established in 1994,  SK Finance   is a non-deposit taking NBFC that have distribution network across parts of India. The company operated in two verticals; vehicle financing and financing for MSME. As per the report by CRISIL, SK Finance is the fastest growing player in the vehicle financing and MSME financing segments among its peers. The company offers secured, granular, and retail loans for financing used and new commercial vehicles, cars, tractors, and new two-wheelers. For the nine months ended December 31, 2023, SK FINANCE had the highest used vehicle finance share of 77.41%. SK FINANCE started its MSME lending business in late 2016, offering loans for working capital requirements to mid to low-income customers, primarily self-employed, unbanked individuals in rural and semi-urban areas of India. SK Finance Limited IPO Objectives SK Finance IPO  offer comprises of a fresh issue and offer for sale by existing shareholders. The selling shareholders would be pa...