There are some who think the markets are living in an alternate reality, but the rally in July involved multiple companies in the IT and Pharma sectors. FIIs have also made a big comeback last quarter. There’s good reason to believe the India growth story is intact.

Your favourite investment service, Scripbox is now in a position to address the needs of NRIs, especially in the UAE and Singapore. NRI Investors from the US and Canada can invest too.

Rising numbers of COVID 19 cases, Moody's downgrade, and challenges for the MSME sector were countered by a spree of capital raising and upbeat sentiment to keep markets positive in June

The markets in May turned choppy once again as the stimulus package failed to raise spirits. While the long term prospects remain good considering the resilience of the Indian economy, short term concerns have started raising their heads. Post lockdown performance of companies can tell us more in the coming months.

The short answer is, you don’t need to worry. Scripbox did not recommend any of the funds which had exposure to these securities. In fact, preventing such exposure is one of our algorithm’s key objectives

A virtual economic shutdown in April has put many companies in a tough spot, only the best companies with enough cash reserves are likely to come out on top.

The post-COVID-19 phase is likely to see a significant recovery in the stock prices of good and proven companies. As uncertainty goes down, the prices of these stocks are very likely going to jump up, if history tells us anything.

The Indian markets have reversed much of the recent gains seen till February, rather quickly and you may have seen your gains made over the past years shrink in a matter of days. And that makes you wonder what will happen to your money?

This means that tax-saving investments in Equity Linked Savings Schemes (ELSS), Provident Funds (EPF and PPF), National pension Scheme Contributions (NPS) can be made till 30th June 2020 for the FY 2019-20.

We were expecting the RBI governor to step in and provide liquidity and rate cuts. The RBI governor did just that today. He declared a string of measures like cutting the Repo and the reverse repo rates, cutting the Cash Reserve Ratio (CRR) by 100 basis points, injecting liquidity of Rs 3.74 lakh crores in the system etc. All this should cause the interest rates to go down (and hence bond prices to go up). At the time of writing this piece, the interest rates were indeed down.

Financial markets worldwide were impacted heavily by the COVID-19 pandemic as necessary lockdowns stress businesses and the economy, hopefully temporarily.

To ensure that you make the most of this lockdown in terms of financial know-how, and have the essentials covered, we have designed a 15-day action plan for you. Just one hour every day for 15 days will ensure that you are at the top of your finances. You can reserve weekends solely for family time.