Did you know India ranks Number #1 in cryptocurrency adoption? Yes, more than 1.5 crore Indians hold cryptocurrency assets. But why has crypto grabbed the fancy of novice and experienced traders alike? One of the main reasons is the extreme volatility that the crypto markets tend to exhibit, which offers the potential for outsized gains.
ChatGPT, WriteSonic, Content Bot AI, Jarvis, and dozens of other AI-based content creation tools are helping write content in minutes today. While these tools have eased content writing, they still have some limitations. For instance, AI content is not the best choice if you’re looking to establish yourself as an industry thought leader. Also, tools
Cryptos are red hot again. Bitcoin is up almost 70% year to date, and reports of the crypto king breaching $100,000 by 2024 have grabbed the headlines again. This is exactly what investors were hoping for after a dismal 2022, when the cryptocurrency market cap declined below $800 billion. This phenomenal revival has put an
Mutual funds are the go-to financial instruments for those with little market expertise or time to manage their own portfolios. No wonder the Assets Under Management (AUM) of the Indian mutual fund industry stood at ₹39,42,031 crore on March 31, 2023, growing 5x in the 10 years since 2013. Investing in portfolios managed by market
The total asset base for mutual funds in India grew by 9.3% in January 2023, breaching ₹23 lakhs and increasing the share of retail investors to 57.3%. The efforts of the Association of Mutual Funds in India (AMFI) seem to have paid off, creating awareness about mutual fund investments in the country. If you too are drawn
The Indian markets are transitioning from being dominated by conservative investors to welcoming active traders. The new generation of investors, or as they prefer calling themselves, “wealth creators,” believes in using your money to create the life you desire (#YMYL). As a result, the BSE report for June 2022 showed that the number of registered users reached
Online trading requires a robust strategy and a strong psyche. Just like practicing on a demo account helps build a trading plan that meets your trading goals and risk appetite, following the rules of trading helps build a trading psyche that can help you avoid committing the three sins of trading – greed trading, fear
Candlestick charts are the holy grail of online trading. They help traders grasp all the information about price movements of an asset for any given period at a glance. Traders use candlestick charts for technical analysis, studying the price history to speculate on future price direction and identify trading opportunities. If you too want to
India is home to Asia's oldest stock market, the BSE, and the world's largest derivatives market by number of contracts, the NSE. Yet, only 3% of Indian households actively invest in the stock market. Millennials turned to the financial markets only after the pandemic led to economic uncertainties and made time available for them to learn
Large US drug manufacturers posted mixed Q4 results, with most beating the earnings expectations but disappointing on sales. Most of these companies also issued conservative 2023 guidance. The US pharma sector saw a difficult 2022, with stocks witnessing declining valuations and a slowdown of new drug approvals. This article breaks down what hurt pharma stocks
