Articles for author: Rajiv Sharma

Rajiv Sharma

New Rules: Changes to UPI Payments and Credit Card Train Ticket Purchases Effective November 1, Impact on Finances

New Rules: Changes to UPI Payments and Credit Card Train Ticket Purchases Effective November 1, Impact on Finances

As of November 1, 2024, significant rule changes are being implemented across the country, which could have a direct impact on everyday life. These changes span various sectors including banking, advance train ticket booking, and regulations related to credit cards. It is essential for individuals to stay informed about these changes to better navigate their ...

Rajiv Sharma

Why are Diwali stocks struggling? Recovery may come soon.

Why are Diwali stocks struggling? Recovery may come soon.

Cyclical Stocks and Sectors Performance During Diwali Season The Diwali season is traditionally a time when certain sectors and stocks tend to perform remarkably well, driven by increased consumer spending and economic activity. This article delves into the historical performance of cyclical stocks and sectors during Diwali over the past few years, highlights the distinct ...

Rajiv Sharma

HDB Financial IPO: 10 Key Facts About HDFC Bank's Subsidiary

HDB Financial IPO: 10 Key Facts About HDFC Bank’s Subsidiary

HDB Financial Services, a subsidiary of HDFC Bank, has recently submitted initial documents to the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). This move marks a significant step for the company as it seeks to expand its capital base and enhance its market presence. The proposed IPO will include ...

Rajiv Sharma

These stocks could yield up to 80% return in the next year.

These stocks could yield up to 80% return in the next year.

Introduction Diwali, often celebrated as the festival of lights, is also an auspicious time for investors seeking to capitalize on market opportunities. With Muhurat Trading taking place on November 1st, it presents a prime chance to explore potential stock picks that could add value to your portfolio. This article delves into some of the best ...

Rajiv Sharma

In October, DIIs reached record buying of 1 lakh crore rupees, while FIIs sold shares worth 85,000 crore rupees.

In October, DIIs reached record buying of 1 lakh crore rupees, while FIIs sold shares worth 85,000 crore rupees.

Introduction In the ever-evolving landscape of the Indian financial markets, the impact of domestic institutional investors (DIIs) on the economy cannot be overstated. The year 2024 has witnessed significant inflows from these investors, amounting to an impressive ₹4.41 lakh crore in investments. Interestingly, with two months still remaining in the year, the trend suggests an ...

Rajiv Sharma

Yogi government's action: Salary withheld for over 34,000 employees on Diwali, reasons explained

Yogi government’s action: Salary withheld for over 34,000 employees on Diwali, reasons explained

In Uttar Pradesh, the state government has taken a bold step by withholding the salaries of 34,459 employees during the festival of Diwali. This action stems from a directive issued by Chief Minister Yogi Adityanath, requiring all state employees to publicly disclose their assets. Despite repeated reminders, many employees failed to comply with this requirement, ...

Rajiv Sharma

Gold Price Today: Over 82,000 Rupees Ahead of Diwali, Check Rates

Gold Price Today: Over 82,000 Rupees Ahead of Diwali, Check Rates

The demand for gold tends to surge during festive occasions, and this Diwali has been no exception. The traditional practice of purchasing gold as an investment or gift has led to significant price hikes in various markets. On Wednesday, the precious yellow metal’s price in the national capital’s jewelry market saw an unprecedented increase, crossing ...