The Scoop on the Scrapped ₹2000 Note in India! 🇮🇳

Let's dive into what went down, why it happened, and what it means for our economy 🏦 Why did they scrap it?

Well, according to a report, the move aims to curb the circulation of counterfeit currency and promote digital transactions

Time to say goodbye to those sneaky fake notes! 👋

If your stockbroker shuts down, you may be worried about what will happen to your investments 💼

Here's what you need to know 👇 Firstly, your investments are held in a demat account, which is a separate account from the stockbroker's own account!

Your securities are held in the CDSL or NSDL 🧾

So, even if your stockbroker shuts down, your investments are safe 🤗

Do you think you are too smart to be April fooled? 😎

There is an impostor in the fake news, can you guess which one is true 👇

U.P. #Startup Event Turned Out to be Hoax: 2,000+ Startups Lose Over 100 Cr in Shocking Scam! 🤯

A thread 🧵 The #WorldStartupConvention promised to connect budding entrepreneurs with investors and industry experts like Masayoshi Son, Sundar Pichai, and Elon Musk 🧐

However, no one really showed up, leaving the attendees disappointed 👀

Trading hours in the stock market might be extended - what could this mean for investors and traders? 🤔

A thread 🧵 Upside ⬆️

On the positive side, extended trading hours could lead to increased liquidity and trading volume, particularly in international markets 🌐

This could mean more opportunities to buy and sell stocks, and potentially higher returns 💰

6 Tips to reduce your taxable income! 😎

Save this thread for later 🔖 1. Invest in tax-saving options like Public Provident Fund (PPF) and National Savings Certificate (NSC) to claim deductions under Section 80C 🏦

2. Opt for the National Pension System (NPS) to claim an additional deduction of up to Rs 50,000 under Section 80CCD(1B) 🧓

Let’s be honest, you check your portfolio at least twice a day to see if it's green or red 💼

But what if we told you, we can give you more information than that which might level up your investing game? 🏏

Check it out! 👇 So, what we’ve done is added ‘In-depth Portfolio Analysis’ 🤓

With this, you can analyse every nook and cranny of your portfolio with valuable information that will actually help you 🫡

Let’s dive into the details a bit!

Have you just started investing and wondering how much returns you can expect from various asset classes?

Well on Day 5 of #navratri2022, let’s talk about the 10-5-3 Rule 📏 This is a pretty simple one, it simply gives you an idea of how much you’ll make from your investments and splits it up like this:

Long-Term Equity - 10%
Debt Options - 5%
Savings Account - 3%

Navratri is four days old and you’re also four days older since the start of these threads 🧵

So, how should you be allocating your stocks, and why are we talking about your age? 🤔

Because of the 100 Minus Age Rule 😎 The 100 minus age rule is a general rule of thumb that says that 100 minus your age should be invested in equity and the rest into relatively safe assets 🔒

So, suppose you’re 25, according to the rule, 75% of your portfolio should be equity 🌱

Back with Day 2 of Navratri and another rule of investing for you 😎

You might not be getting pyaaj served, but today you’ll get the Rule of 72/114/144 🧅 Rule of 72

This rule essentially determines how long your money will take to double, be it ‘25 din’ or 25 years, it’ll tell you 📣

Just divide 72 by your rate of return. For e.g., 72/12 = 6 years

If you invest ₹1000 at 12% it’ll take 6 years to become ₹2000 📈

This Navratri, we’re bringing to you the nine golden rules of investing!

One per day, so stay tuned 👂

Today’s rule is: Understanding Market Cycles Financial markets tend to move in cycles and its essential to understand the stages of the market 📊

There are four stages: accumulation, mark-up, distribution, and mark-down 🔢

From millionaire to billionaire, The Adani Story!

A thread 🧵 Gautam Adani recently joined the ranks of the world’s centibillionaires, with only eight other business titans with fortunes of more than $100 bn!

He’s amassed a net worth of $143 Bn 📈

Let’s dig deeper into how he made that happen ⛏️

House of the Dragon just dropped and so did our brand new Mutual Fund feature! 🐲

You can now track the top mutual funds holding your favorite stocks 😎

More on this new feature in this thread 👇 Top 5 5⃣

You can track the heavy drivers, which tell you the mutual funds that have the most exposure to the stock 🛞

But, if you want to know all the mutual funds holding this stock, just click the download button, and voila ✨

Have a look at some more features 😮

The #Rupee falling doesn't just make your shopping more expensive when you travel abroad but impacts the entire Indian economy 🇮🇳

Here are some sectors it impacts 👇 Positive Impact ➕

IT 💻
Garments 🧥
Tea 🫖
Steel 🏗️

Companies in these sectors can expect to see profits rise as they are heavy exporters 📈

Jio, Airtel, Vodafone Idea, and new entrant Adani Data Networks have all entered the auction for the 5G Spectrum!

Here are some stocks which could benefit from the 5G network rollout 👇

Tejas Networks
Tech Mahindra
Bharti Airtel
Reliance Industries
Sterlite Technologies
ITI Tejas Networks (155% 1Y Returns)

They manufacture telecommunications equipment
and have multiple licenses to export their products to
different countries 🌎

The truth about the Service Charge Ban 🚨

A thread 🧵 But before that, let’s talk numbers 🔢

- The hospitality industry shrank by 53% in FY21
- 2.4 million people were left unemployed
- Average profitability fell by 88%
- Zero relief measures announced for the hospitality industry

How did #IndiGo capture 55% of the Indian Airline Industry? 🇮🇳

A thread 🧵 IndiGo has been a dominant player in the aviation industry for a while now but what led to its success 👇

The Low-Cost Carrier Model

#RelianceIndustries down 8%, ONGC down 12%

Here’s why 👇 Reliance and ONGC have faced a bloodbath since morning with their share prices taking a huge fall 📉

And it’s all because of one of their main products: Oil 🛢️

Market Crashes in NIFTY and their recoveries

A thread 🧵 1992 - Harshad Mehta Scam 🏦

Total Fall - 52%
Recovery - 504 Days

Akash Ambani appointed chairman as #MukeshAmbani steps down 🪜

Planned succession move or impulsive decision?

A thread🧵 Akash Ambani has been appointed as the chairman of the board at #RelianceJio, following the resignation of Mukesh Ambani, signalling a transition in leadership 🫡

According to report, Isha Ambani is also set to become the chairman of the #Reliance conglomerate’s retail unit 🛒

#Zomato has acquired the quick commerce underdog, Blinkit for ₹4447 Cr 💰

Will this finally be a step on the climbing ladder for the Zomato share? 🤔

A thread 🧵 The food giant decided to enter the rocketing quick commerce industry, where delivery of items is done under 30 mins ⏱️

They entered with a bang, acquiring Blinkit in an all-stock deal for ₹4447 Cr 🤑