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From: bigbasket <alert@info.bigbasket.com>
Date: Tue, Oct 8, 2024 at 9:55 AM
Subject: Know your Prakriti, sujit 🧘🏻♀️
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From: bigbasket <alert@info.bigbasket.com>
Date: Tue, Oct 8, 2024 at 9:55 AM
Subject: Know your Prakriti, sujit 🧘🏻♀️
To: <logysysweb@gmail.com>
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Did you ever imagine that the freshest of fruits and vegetables, top quality pulses and food grains, dairy products and hundreds of branded items could be handpicked and delivered to your home, all at the click of a button? India’s first comprehensive online megastore, bigbasket.com, brings a whopping 20000+ products with more than 1000 brands, to over 4 million happy customers. From household cleaning products to beauty and makeup, bigbasket has everything you need for your daily needs. bigbasket.com is convenience personified We’ve taken away all the stress associated with shopping for daily essentials, and you can now order all your household products and even buy groceries online without travelling long distances or standing in serpentine queues. Add to this the convenience of finding all your requirements at one single source, along with great savings, and you will realize that bigbasket- India’s largest online supermarket, has revolutionized the way India shops for groceries. Online grocery shopping has never been easier. Need things fresh? Whether it’s fruits and vegetables or dairy and meat, we have this covered as well! Get fresh eggs, meat, fish and more online at your convenience. Hassle-free Home Delivery options We deliver to 25 cities across India and maintain excellent delivery times, ensuring that all your products from groceries to snacks branded foods reach you in time.
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Fwd: Learning just got more fun! Introducing Word of the day! 😍
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Subject: Learning just got more fun! Introducing Word of the day! 😍
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Date: Tue, Oct 8, 2024 at 5:08 PM
Subject: Learning just got more fun! Introducing Word of the day! 😍
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| Hi, We are back with yet another exciting launch. Introducing "Word of the Day" - where we explain one finance-related concept every day minus the jargon. So you are always a
step ahead in your financial journey. Hard Inquiry | |||||||||||
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Fwd: Trent's lab-grown diamonds, Garuda Construction IPO, & more - Groww Digest
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Subject: Trent's lab-grown diamonds, Garuda Construction IPO, & more - Groww Digest
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From: Groww Digest <noreply@digest.groww.in>
Date: Tue, Oct 8, 2024 at 9:33 PM
Subject: Trent's lab-grown diamonds, Garuda Construction IPO, & more - Groww Digest
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Groww Digest
8 October, 2024
| Sensex | 81,634.81 | ▲ 0.72% |
| Nifty | 25,013.15 | ▲ 0.88% |
Nifty 50
25,013.15 +217.40 [1-day]
💡 Nifty 50 has risen between 0% and 1% about 490 times in the last 5 years.
Markets closed in the green today, after 6 trading days.
Nifty 50 had opened lower than yesterday’s closing point. But markets rose quickly and remained up.
Media stocks rose the most today. Metal was the only sector in red.
Global markets: US, European, and most Asian markets were down.
Top Gainers | NIFTY 50 |
| Trent | Rs 8,041.95 | ▲ 7.95% |
| BEL | Rs 280.25 | ▲ 4.83% |
| Adani Enterprises | Rs 3,160.70 | ▲ 4.73% |
| Adani Ports | Rs 1,418.55 | ▲ 4.67% |
| M&M | Rs 3,165.85 | ▲ 3.45% |
Top Losers | NIFTY 50 |
| SBI Life | Rs 1,728.05 | ▼ 3.35% |
| Tata Steel | Rs 159.52 | ▼ 2.94% |
| Titan | Rs 3,493.35 | ▼ 2.67% |
| Bajaj Finserv | Rs 1,838.15 | ▼ 2.19% |
| JSW Steel | Rs 998.20 | ▼ 2.02% |
Garuda Construction IPO has been subscribed 1.91 times. Retail subscription: 3.43 times. Open for subscription till 10 Oct.
Stocks Updates
Trent: has launched a new lab-grown diamond brand ‘Pome’ in Westside stores.
SpiceJet: will add 10 planes to its fleet by 15 November. 7 aircrafts will be on lease, and 3 grounded planes will be re-added.
Tata Motors: global wholesales fell 11% to 3,04,189 units in the July-Sept quarter. Passenger vehicle sales fell 6% to 1,30,753 units. Commercial vehicle sales fell 19% to 86,133 units.
Ola Electric: has received a show cause notice from the Central Consumer Protection Authority for an alleged violation of consumer rights, misleading advertisement, and unfair trade practices.
Embassy REIT: has raised Rs 2,000 crore through a debt issue with a 7.95% interest rate. The money will be used to repay non-convertible debentures maturing in October.
Word of the Day
Bank Nifty
Bank Nifty tracks 12 large Indian banking stocks and provides a benchmark for their performance.
Nifty Bank is an index, similar to Nifty 50 and Sensex.
Some stocks include HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and SBI.
It was launched in 2003.
It uses the free float market capitalization method.
But, what is that?
Free float market capitalization method considers only publicly tradable shares, excluding those held by insiders or promoters.
As of today (8 Oct, 2024), Bank Nifty stands at 51,021 points — up by 1.07% in a day.
6 Day Course
Theme: different kinds loans
MonTueWedThuFriSun
Many loans can be taken using assets as collateral.
When you buy a car, you are using that car itself as the collateral. Same with homes.
But, the below loans can be taken with separate collaterals.
Loan against property: you can get a loan against any property you might own (residential or commercial).
The money from such a loan may be used for business or personal uses.
Loan against gold: similarly, you can get a loan using physical gold (jewellery or gold coins, biscuits, bricks, etc).
The money received in this case can also be used for business or personal purposes.
Missed last week's course? You can download the course PDF - click to download
Featured Question
| Q. “On redemption of mutual fund, the fund holder has to calculate the tax and pay OR calculates its own and deduct automatically ?” |
A. When you take money out of a mutual fund, the tax has to be calculated and paid by you.
The mutual fund does not calculate this tax or deduct it.
This is because the tax calculation depends on your other investments also (other mutual funds, stocks, etc).
Let's say two people, person A and person B, both invested Rs 10,00,000 each in a mutual fund.
Now, both of them withdraw Rs 7,00,000 each.
It is possible that both of them owe a different amount of tax. This depends on the other the investments they had made.
Say person A also withdrew from another mutual fund. But person B did not.
In such a case, the overall tax will be different in both their cases.
This is why mutual funds cannot automatically calculate and deduct investor's tax.
You can also get the capital gains tax reports from the investment platforms you are using.
In this section, daily, we'll try to answer one burning question related to the field of personal finance education.
Remember, NO investment advice & ONLY personal finance education questions.
Ask your question here: Ask a question
1 Day Change
| 🥇 10g Gold | Rs 75,550 | ▼ 0.47% |
| 🥄 1kg Silver | Rs 90,650 | ▼ 1.59% |
| 💲 USD-INR | Rs 83.94/USD | ▼ 0.04% |
| 🇺🇸 Dow Jones | 41,954.24 | ▼ 0.94% |
| 🇺🇸 Nasdaq | 17,923.90 | ▼ 1.18% |
A fall in the USD INR rate indicates that the Rupee is getting stronger as compared to the US dollar, hence it is presented in green. A rise represents weakening of the Rupee as compared to the US dollar, hence it is shown in red.
Long Term Returns | Past 20 yrs |
| 🇮🇳 Sensex | ▲ 14.16% p.a. |
| 🇮🇳 Nifty | ▲ 14.00% p.a. |
| 🇺🇸 Dow Jones | ▲ 7.37% p.a. |
| 🇺🇸 Nasdaq | ▲ 11.73% p.a. |
Returns in INR for Sensex & Nifty and in USD for Dow Jones & Nasdaq - not directly comparable
| ⬤ ⬤ ⬤ ⬤ ⬤ |
DID YOU LIKE THIS DIGEST?
 Team Groww Digest |
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Disclaimer: The above-mentioned details have been collated/prepared by Groww Invest Tech Pvt Ltd and is meant for sole use by the recipient and not for circulation. The information contained in this e-mailer has not been prepared with any account specific investment objectives, financial situations, or needs of any particular investor and is intended for general information purposes only. The information published should not be used as a substitute for any form of advisory. Kindly note that investment in securities markets is subject to market risks, read all the related documents carefully before investing. The investor is requested to take into consideration all the risk factors before the commencement of trading. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance of the schemes is neither an indicator nor a guarantee of future performance. Groww Invest Tech Pvt Ltd - SEBI Registration no: INZ000301838, Research Analyst no - INH200008662 ,DPI Registration no: IN-DP-417-2019 and AMFI Registration No: ARN-111686 |
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