Stock Maestro

  April 13 2021-  Bitcoin reached its zenith touching its lifetime high at $64,800... June 21 2021- Bitcoin hits its lower circuit of 2021 falling to about $31,608. A catastrophic rise in the prices of crypto currencies in 2020 made the world astonished. Its rise continuing till April 2021. But after a series of events it made its lowest of 2021 in just 2 months of time period. Not only bitcoin but also its biggest rival Ethereum also plunged and reached its all time lows of 2021. Dogecoin, Lash coin etc also gave big shocks to investors. What happened actually? Amid large selling pressure after reaching its zenith the cryptos started falling but it resisted its position after sometime not making major downfall but due to other series of events it plunged extensively. But China the biggest miner of cryptos in the world banned mining and trading of crypto currency alleging them as 'speculative' and 'a means of tax evading source of income'. The Chinese banking Assosciati...

  Inflation is a general rise in the prices of commodities and goods at a time. Inflation is not caused by any man-made or political cause (except in hyperinflation) but is caused due to series of events. Causes of Inflation: Demand-pull Inflation: It is due to aggregate demand growing faster than aggregate supply. It is caused when economy is at its full swing and there is high employment then the demand of goods in the market will be high as people will have more money in their hands and there will be more expenditure. So producers of goods in demand will think of increasing goods prices to make more profit as demand will be high and this will lead to increase in prices thereby increasing inflation rate. Cost Pull Inflation: It is caused due to increase in prices of raw materials. For eg: There will be increase in crop prices if there is drought or flood like situation in most parts of country ruining crop production. So there will be less supply of food items and more demand in ...

  "Someone is sitting in the shade today because someone planted a tree a long time ago" -Warren Buffett If you want to make your 30s better and to love yourself at this age then start investing in your 20s. Regular investments made right from an early age can reap huge benefits at the time of retirement because of investments you can afford things that others' can't at that age. Early investments accompanies power of compounding that you can't imagine. It is the 'Magic of investment'. If a person invests just 5000 rupees a month at 10% interest then after 5 years only he will end up with 3.9 lakhs due to power of compounding. The early you start the more you get. Warren Buffett quoted, " I started investing at the age of 11 and regrets to start late." Benefits of early investing: Ability to take more risk: At an early age you can take more risk rather than an old age person who tries to secure his life by making save investments. More experience...

  The Reserve Bank of India recently published its Annual Report for the year 2020-21 wherein it wrote that there is a big bubble in the Indian Stock Market. Sensex and Nifty are at its record high even when the country's economy is facing a severe disruption due to the second wave of Coronavirus pandemic and the RBI has warned that risky assets have shown dramatic rise in their prices even due to many states imposing lockdowns and restricting economic activities in their respective states. However, situations are not as worse as that were in the first wave but the Indian economy is facing depression situation but still the Indian Stock Market is making record highs. Several indicators like the famous Buffet Indicator which compares the GDP of the country to its benchmark indices of Stock Market showed that the indexes are trading at a very high prices compared to the country's GDP which is still recovering from the pandemic crisis. The historical average of both Nifty and Sens...

  Uday Kotak is the MD and CEO of Kotak Mahindra Bank one of the  prominent Indian private sector bank and he is India's fifth richest person according to Forbes India Rich List. Why in Focus today? According to RBI, no individual can hold the position of MD or CEO in any bank whether it is a Public sector or Private sector Bank for more than 15 years. So Uday Kotak has completed his fifteen years tenure as MD and CEO of Kotak Mahindra Bank and it would be now interesting to know that who will take his position. Initial Journey: He was born in a middle class Gujarati Family and after completing his Masters in Business Administration(MBA) he was offered a job in Multinational Giant Hindustan Uniliver but he did not do the job there and instead started working in his family business. Then he started his own business of bill discounting which he later expanded to investment, car loan, personal loan, corporate loan and insurance sector. The Big Entry:  In the mid of 1980s, ba...

  In India, after the Independence Fixed Exchange Rate System was followed till 1990s. In this system,  the value of a currency is fixed in a predetermined ratio to another more stable and internationally used currency or to a bunch of such currencies. But in this system also the prices fluctuates but after a specific period of time. The Government or the RBI revalues according to the economic condition prevailing in the country and its international value. But in 1993, India adopted Floating Exchange System as India was drained of its Foreign Reserves and had to adopt this system in which the price of a currency is determined by the market forces which are demand and supply. The greater the demand of a currency in the International Market its value increase against its peers and vice versa. Factors Affecting the Fluctuation: Foreign Exchange Reserves: The most dominant factor in resulting the prices of the respected currencies of a Nation is the availability of Foreign Reser...

A credit card is a type of plastic money which helps us to do online shopping, online payments and withdrawing cash from ATM.   Advantages: It relieves us of the risk of carrying cash. It provides a free credit period of 20-50 days. We get a record of transactions. Disadvantages: It has an interest rate of 36-40% p.a. which is very high compared to normal loans when the payment gets defaulted. It has many hidden charges, annual maintenance charges and transaction charges. If the payments get defaulted then our CIBIL score degrades which is used by banks to provide loan. A good CIBIL increases your chances to get loans easily at lesser rates. Is Credit Card good or bad? It totally depends upon how you use it. But we should keep a Credit Card to avail its benefits keeping in mind our financial position in minds. We should not spend a large part of our earnings through it as if we will default then we will have to a very high interest rate. Precautions: Never exceed your payment capac...