Moneysukh

  Obsession or addiction to anything is not good for your health as well as for your wealth. Trading is one of the habits many traders do excessively spoiling their overall returns. This is called  overtrading  which is not good from any perspective, as you can’t make a profit on every trade, and it is also not possible for anyone to earn a profit on every trade every day. If you are also one of those traders, sit daily on your computer screen or smartphone dying to trade even though the market condition is not favourable for the traders. Then, I think this article is meant for you, yes today we are going to discuss about overtrading, its symptoms, causes, disadvantages and how you can stop or control overtrading. What is Overtrading? In the stock market, overtrading refers to too much buying and selling of stocks by any individual person.  Stock overtrading  also encompasses excessive buying and selling of any underlying security on a daily or regular basis, th...

Bandhan Bank shares made gap up opening, breaking the falling channel line to the upside following the release of its quarterly results. The   Nifty bank index   is up more than 1.5% because of better than expected first quarter results, due to rapid loan growth and healthy core lending income. On year over year basis, bank’s  total deposit  was up 23%, while total advances were up 22%. Bandhan bank’s loans and advances grew by 21.8% Y-o-Y supported by all round growth across verticals, whereas deposits grew 22.8% Y-o-Y, higher than the advances growth. Deposit on quarterly basis has fallen by 1.4%. Deposit has seen 9% rise from q-o-q in term deposit from retails to Rs. 476.5 billion, while rails saving bank deposit has witnessed fall of 5% on quarterly basis. Saving deposit in this digital age is considered more vulnerable and a big amount can enters and get withdraws from bank in no time. Term deposit from others sources has seen miniscule fall of 0.07% on quarterl...

  In   2024 Union Budget , Finance Minister proposed changes in the capital gains taxation regime. Long term gains on all financial and non-financial assets will attract a tax rate 12.5%. The proposed changes will attract higher tax for   equity investor,   meaning the rate has been increased by 2.5% for listed equity from 10% currently. The rates however has been reduced by 7.5% for other assets such as house property, unlisted   equity shares   etc. Thing to note is that the indexation benefit has also been removed on all the assets having long-term capital gains. The ministry later clarified that properties purchased before April 1, 2001, would continue to enjoy indexation. The move aims to rationalize taxes across all financial and non-financial assets, but it will impact   investors  who sell their property investments to reinvest in other asset classes. Indexation  is used to connect prices and asset values by linking adjustments made t...

  Finance Minister Nirmala Sitharaman presented her seventh consecutive budget in Parliament with focus on four major castes: Garib (Poor), Mahilayen (Women), Yuva (Youth), and Annadata (Farmer). The package of five schemes and initiatives introduced in this budget aims to facilitate employment, producing skilling labor force and providing opportunities for countries youth over coming years, focusing on nation energy security and measured for supporting and boosting MSMEs. The government has pledged to present a detailed roadmap for the pursuit of ‘Viksit Bharat’, focusing on nine priorities: productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social justice, manufacturing & services, urban development, energy security, infrastructure, innovation, research & development, and next-generation reforms. Following are  highlights of Union Budget 2024–25 . Highlights of Union budget 2024. For farming For agriculture s...

Best Stocks for Options Trading Means In  option trading , you buy the call or put or trade with the combination of both types of contracts in your trading strategy to maximize the profits and minimize the losses. Hence, the best stock means it should have enough trading volume and move as per the market trend. Apart from that there should be various strike prices so that you can choose the right one as per your risk-bearing capability and budget. The most important thing is that there should be enough volume of trade to easily buy or sell the option any time before the expiry. Points to Consider While Picking Stocks for Option Trading: Volume of Trade — As we told you except main indices, there is a low volume of trades in most of the stocks or other index trading in the option market. Just like intraday trading or short-term trading, volume is one of the most important factors that need to be considered while looking for  stocks in option trading . Low volume of trade is any...

  The ACME Group, a leading Indian renewable energy company, has expanded its portfolio to include solar, wind, hybrid, firm, and dispatchable renewable energy (FDRE) projects. Established in 2015, the company has grown from solar power projects to become an integrated renewable energy company. As of March 31, 2024, the company has an operational project capacity of 1,320 MW, under construction contracted project capacity of 1,650 MW, and under construction awarded project capacity of 2,380 MW. The company has an integrated in-house business platform to execute and operate its projects throughout their life cycles. The Main Objectives to Launch the Acme Solar Holdings IPO The  Acme Solar Holdings IPO  issue will be mix of offer for sale and fresh issue. The OFS consist of Rs. 1000 crores and the company will not receive any funds from the proceeds of the OFS. The company has lasso floated Rs. 2000 crores fresh issue. Through the fresh issue company proposes to utilize Rs....