From fixed deposits and recurring deposits, people have slowly started to explore mutual funds and equities, thanks to growing awareness about growth in stock markets.

It is said that stock markets are quite complicated and there is no transparency, but what if people could do online trading on their own on a platform that explains all nuances in simple terms?
FYERS, the next-generation online stockbroking firm, was launched keeping ‘user-friendly’ and ‘Do It Yourself’ in mind.

Right from the age of 16, Tejas Khoday had a passion for the stock market and he started FYERS in 2015. The platform introduces advisory and recommendations for smart investment. Khoday says the ... Read more »

Mumbai: IIFL Investment Managers, the wealth and asset management business of IIFL Holdings Ltd, is launching its latest real estate debt fund with a target corpus of almost $500 million, said a senior executive of the firm.

“We are launching a new real estate credit fund that will focus on the affordable housing space. We are launching the fund this week. We are targeting to raise around $500 million for this fund,” said Karan Bhagat, managing director and chief executive officer at IIFL Investment Managers.

Given the change in regulations under RERA (Real Estate Regulation and Development Act), which calls for developers to hold more liquidity at the project level, the fund is structured to deliver 50% returns front-end through regular coupon payments and the remaining will be rear-ended, Bhagat said.

The latest real estate-focused fund from the firm will target to deliver a post tax, post expenses return of over 16% to investors, Bhagat added.< ... Read more »

Eighteen years ago, three young boys, all under 12 years of age, were orphaned and taken under the wings of their grandmother and guardians. They survived a long and arduous war against social stigma surrounding debt, which had tragically ended their parents’ lives. But, driven by the sheer will to survive, the three of them forged a bond to do the best in anything that they aspire to achieve. Two of the brothers, backed by the eldest, are now some of the youngest stock brokers in the country, and have launched their own startup, FYERS, which is an acronym for Focus Your Energy and Reform Yourself.

The Thematic Investment Platform, which is built by FYERS, is an alternative to Mutual Funds. “While the average equity diversified mutual fund has delivered 8.9% in the last one y ... Read more »

The Percentage Price Oscillator Histogram trend indicator is currently under zero on shares of Samco Gold Limited (SGA.V). Active traders may be carefully tracking the indicator to see if the position is pointing to the stock as a sell.

After a recent technical review, shares of Samco Gold Limited (SGA.V) have a 200-day moving average of 0.04. The 50-day is 0.03, and the 7-day is sitting at 0.02. Using a wider time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations. In some cases, MA’s may be used as strong reference points for spotting support and resistance levels. Employing the use of the moving average for technical equity analysis is still highly popular among traders< ... Read more »

S Vijaykrishnan

If you are a millennial, this is the time to start investing in stock markets. Why? With a new job and a fat pay cheque every month, you feel richer with every spend you make. A credit card or personal loan is not the way out. As your spends stack up, you lose your way in the financial jungle. Let us show you a way out: ride the Bull to emerge a winner.

Now is the time to start

If you are still wary of investing in the stock markets, consider this: the Sensex and Nifty have risen by almost 13-18 percent so far in 2017. They are now correcting, as they continue to struggle with GST, a weak economy and poor corporate results. That, however, should not dishearten you; this dip in stock markets is just the time to begin and what better occasion than Diwali?

Early birds earn more

If you think it’s too early to start investing in the capi ... Read more »

Mumbai, Maharashtra, India
AxisDirect, the retail broking arm of the leading BFSI player Axis Securities Limited, was honored with the coveted DMA India Awards 2017 in the Best Web/E-Commerce Category. The award was conferred to AxisDirect for their innovative approach in developing a simple, user-friendly and informative website which makes investments easy and hassle-free for its clients. This win reiterates AxisDirect’s commitment to adopt innovative technology for empowering investors and helping them to plan their finances confidently.

Commenting on the win, Mr. Amit Golia, Chief Business Officer, Axis Securities said, “To assimilate relevant insights for making any financial decision, an investor has to scan through hundreds of pages of complicated and incomprehensible financial information. We wanted to offer a vi ... Read more »

HDFC Securities is bullish on the shares of Heidelberg Cement India Limited, which is a subsidiary of the German multi-national Heidelberg Cement Group. The company which has a total capacity of 5.4 million tonnes, manufactures and sells cement in India under its brand “mycem cement”. “HCIL is one of the leading cement industry players in central India with large built up capacities. With no expectations of capacity additions in the central region, the already established players are expected to maintain a pricing discipline in the region and the price realizations are expected to stay at current elevated levels,” noted HDFC Securities.
The research firm has a target price of Rs 192 over a time period of six quarters. Heidelberg Cement ... Read more »

John Force is among the most decorated competitors in drag racing history. But Sunday he was fine being the second-best driver in his own family after daughter Brittany became the first woman in 35 years to win a season title in drag racing’s top division.

“Ain’t that something,” said Force, a 16-time Funny Car champion who dropped to the track in tears after his daughter clinched her first top-fuel crown two races into the final day of the season.

“She struggled this year as a driver. And she’s really kind of a rookie at this,” he continued. “But to jump up here and get the win, I couldn’t be more proud.

“I can’t even imagine all this happened.”

Nor could his daughter.

“It still doesn’t seem real,” Brittany Force said. “And the only reason it is real is because of all the support I have around me. Today is huge. We made history.

“I&rs ... Read more »

Steve Case, the billionaire co-founder of AOL, is not one for driving up and down the US west coast searching for start-ups that may be the next big hit in Silicon Valley. Instead, he is taking planes and a bright blue bus to scour middle America for tech talent.

Mr Case — proclaiming his commitment to “the rise of the rest” — recently completed his sixth tour and is excited about the opportunities to invest in places such as Ohio, Indiana and Michigan. At present, each receives as much venture capital in a year as Silicon Valley raises in a week.

Mr Case was a pioneer of such tours and they have become fashionable for soul-searching techies who aim to unearth the wisdom of the inner states.

Charged by former president Barack Obama to chair an initiative on making the US more entrepreneur ... Read more »

Mumbai: Shares of 5Paisa Capital Ltd, the demerged entity of IIFL Holdings Ltd, made a weak debut on stock exchanges on Thursday. The stock was locked at 5% lower circuit immediately after opening as no buyers were available but what stood out was the major difference in share prices of the company on the two national stock exchanges. The online discount broking stock was listed at Rs650 per share on the BSE with trade volume of 247 shares. It was listed on the NSE at Rs400 per share with trade volume of 27,136 shares. At closing, the stock was locked at circuit at Rs617.50 and Rs380 on BSE and NSE, respectively.

“We don’t have any comments, however, all we understand is that price determination takes place at each of the stock exchanges as per Sebi circulars and exchange systems,” a spokesperson for  ... Read more »