Author: findoc
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Key notes to ensure safety before opening an online demat account
Demat account is an account used for holdings securities like shares, mutual funds, sovereign gold bonds, place order for IPO etc. These accounts are provided by depositories. There are 2 depositories in India namely NSDL and CDSL which are controlled by SEBI. Central Depositories Services India Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) are both government registered share depositories…
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Benefits of Sovereign Gold Bond and everything you need to know about how to invest in it
Sovereign Gold Bonds also known as SGB were launched by Government of India in November 2015, under Gold Monetisation Scheme. Under this scheme, the issues were made open for subscription in tranches by RBI in consultation with GOI. Sovereign Gold Bonds as the name suggests are bonds based on gold market backed by Government of…
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10 Popular Option Trading Strategies For Smarter Trades
Option trading helps traders manage risks and boost profits by giving them the right to buy or sell stocks at a fixed price within a set time. While it may seem tricky at first, using the right strategies makes it easier to handle market changes. With proper planning and focus, traders can reduce risks and…
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Understanding Equity heatmaps along with its categories and types
Visualizing market trends is one of the most crucial steps for an investor. Whether you are an intraday trader, options or futures trader, catching the market drift is important. As technology continues to revolutionize the way we analyse financial data, more and more investors are moving towards data analysing tools to interpret market trends more…
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Algo Trading Strategy planner to nail trading & its actionable pathway
Building your first algo trading strategy can be an exciting venture, but it’s important to approach it with a systematic and well-thought-out process. Below is a step-by-step tutorial to help you get started: Step 1: Define Your Objectives Before you start coding, it’s crucial to have a clear understanding of your trading objectives. What are…
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The Game of Compounding & Timing for Mutual Funds
“Forget about timing the market, it doesn’t work. You will lose money. Invest for the long haul and then sit back and wait — the market always goes up in the long run.” – Paul Farrell Often we hear investment experts say that it is better to invest time in the market instead of timing…
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Everything you need to know before investing in Foreign Exchange
Do you know which asset is traded the most or the liquid one? If you are thinking about stocks, then wait, stocks or any other stock market instruments cannot match the volume and liquidity quotient of forex trading or to be specific currency trading. In this article, we will talk about currency trading in India,…
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Common Mistakes to avoid when opening a Demat account online
In 1996, SEBI eased the hassle of trading and introduced an online demat account, allowing individual retail investors to trade directly with the help of a mediator, but online. The awareness of investing money is growing rapidly. Call It global influence or influencers’ impact, more and more people are drawn towards investing in financial products.…
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What is Beneficial Owner Identification Number (BO ID)?
Your Demat account is like a safety vault where you keep all your investments in different securities, in electronic format. Now like for a physical vault, there is a code to open it, isn’t it? Similarly, for the Demat account, there is BO ID, which stands for Beneficial Owner Identification ID. In this article, we…
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Top Five Commodity Markets in India: Opportunities and Challenges for Traders
India is one of the largest and most diverse commodity markets in the world, with a rich history of commodity trading those dates back to ancient times. India has four major commodity exchanges that facilitate online trading of commodities: Multi Commodity Exchange of India (MCX), National Commodity and Derivatives Exchange (NCDEX), Indian Commodity Exchange (ICEX),…