StockGro Blogs

Posted inin Market Spotlight

What happened in the Indian stock market today?
On June 13, 2024, India's benchmark indices surged to new all-time highs amid upbeat macroeconomic data, boosting confidence in the country's economic prospects.

Posted byby Ayesha Khan
June 13, 2024
2 min

The Sensex peaked at 77,145.46 during the session, while the Nifty 50 reached a high of 23,481.05. By the close, the Sensex settled at...

Posted inin Market Spotlight

US Fed holds rates: Impact on Indian markets
From reducing the rate cut from 3 to 1 in 2024, the Fed's balancing act aims to curb inflation. How will it impact investors?

Posted byby Ayesha Khan
June 13, 2024
2 min

The US Federal Reserve recently decided to keep its key interest rates steady at a 23-year high. With inflation still above its target, the...

Posted inin Wealth Corner

Pros and Cons of Loans Against Fixed Deposits
Although a loan against an FD may appear convenient, it typically carries higher interest rates in comparison to the interest earned on the FD. Find out more!

Posted byby Shweta Desai
June 13, 2024
3 min

When financial storms strike, people frequently run to cover under loans and other credit facilities. Among the several choices, one jumps out for its...

Posted inin Wealth Corner

Fixed Deposits with Monthly Interest Payouts
Want a steady cash flow? Monthly interest FDs could be your golden key. Learn more!

Posted byby Shweta Desai
June 13, 2024
3 min

Investors invest in a fixed deposit (FD) and feel secure knowing that their money will grow over time, providing financial stability. However, the majority...

Posted inin Wealth Corner

Discover transport allowance rules & tax exemptions!
Are you aware of the tax exemptions available for your travel costs? Discover how to minimise your taxable income effectively.

Posted byby Shweta Desai
June 13, 2024
3 min

Employers offer transport allowances to their staff as a way to assist in covering the cost of commuting. This stipend is meant to lessen...

Posted inin Wealth Corner

Does your family know about your financial investments?
Ensure your family is informed about accessing your investments. Joint investments are a wise decision in today's markets

Posted byby Shweta Desai
June 13, 2024
4 min

Your family is your first and last resort in times of need. At any given time, you will admit to working doubly hard to...

Posted inin Wealth Corner

Refund 101: A guide to growing your income tax returns refund
The due date to file an ITR return is July 31. Transform your tax returns from mundane to money-making with our top refund-maximising tips!

Posted byby Shweta Desai
June 13, 2024
5 min

Understanding the intricacies of income tax returns (ITR) can sometimes be overwhelming. However, understanding this aspect of finance is essential and can lead to...

Posted inin Market Spotlight

The Heritage Foods stock success story
Heritage Foods Limited's stock prices saw a significant surge, doubling in value within just 12 trading days post the exit polls. Find out more!

Posted byby Ayesha Khan
June 13, 2024
4 min

The dairy industry is a remarkable example of human innovation and our ability to harness the resources of the natural world. India’s dairy sector...

Posted inin Market Spotlight

Paytm case study: The dramatic downfall of a fintech pioneer
From 100 million downloads to a 75% stock drop—what went wrong with this fintech’s ambitious journey?

Posted byby Ayesha Khan
June 13, 2024
4 min

Paytm, once a titan in India’s digital payment sector, has faced a turbulent journey. Initially lauded for its innovative services, it has recently encountered...

Posted inin Market Spotlight

Best Defence stocks in India
Curious about why this sector stocks are booming? Discover the top 5 performers and what drives their 119% growth in the NSE.

Posted byby Ayesha Khan
June 13, 2024
4 min

The defence sector is vital for national security, covering everything from advanced weapons to new technologies. This industry benefits from steady government funding and...