CLOSE X
Algo Trading
Home

Blogs

Stock Market Blogs

Nifty on a Mars Mission August 04 2021Nifty 50, Nifty

Visit Count: 92

                  Nifty on a Mars Mission 

For the first time this week, the domestic headline equity index Nifty50 closed over the milestone threshold of 16000, took less than 500 days to double from its record low of 7,511 on March 24. The sharp recovery in the index has been driven by a benign world liquidity backdrop, better containment of COVID-19 cases, sharp recovery in companies earnings.



Mirroring the changes in the economy, also changed over the year. Basic sector as metal, cement, bank and financial, pharmaceutical

are in the bullish territory which furthermore points out bullish preconception ahead. Major organisations in nifty 50 enables in up brining from bottom down are :


Nifty50 constituents make up approximately 58% of the total market capitalisation of listed companies in India.

Main Reason at the back of the All time High charge of Nifty50 is most of the good news such as vaccination, earnings and economic recovery .

Another reason for the increase in Nifty 50 is that Indians are increasing their exposure to equities, suggesting a shift from traditional investment assets such as gold and bank deposits.The number of new demat accounts, opened during the preceding financial year was the most in decades at 4.9 million, a 22.5% increase from the 4 million demat accounts opened in the financial year 2019.

Further “Low prices of shares gave new traders an possibility to go into the markets, while individuals who are working from home also had time to discover trading in equities’’," Low deposit rates in banks additionally added new traders seeking out better returns in comparison to other asset classes.

COMMENTS
Categories
Blog Enquiry

Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201
INDIRA COMMODITIES PVT. LTD. CIN : U65921MH1995PTC089399

DISCLAIMER:

"INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING."

INVESTORS GRIEVANCE

Manoj Bhandari. Email: compliance@indiratrade.com. Call : 0731-4797275

Investors Grievance Email : complaint@indiratrade.com