StockGro Blogs

Posted inin Market Spotlight

What happened in the Indian stock market today?
On 24 June 2024, Indian benchmark indices closed higher amidst volatility.

Posted byby Hunny
June 24, 2024
2 min

The Sensex opened at 76,885.65, moving within a range of 677 points with an intraday high of 77,423.02 and low of 76,745.94, before settling...

Posted inin Market Spotlight

Garden Reach Shipbuilders skyrocket on $54 million German order
From being the first Indian shipyard to export a warship to now growing its global footprint. Read on to know more about this soaring stock.

Posted byby admin
June 24, 2024
3 min

Garden Reach Shipbuilders and Engineers Ltd (GRSE) has made headlines with a significant surge in its share price. On June 24, GRSE shares rose...

Posted inin Wealth Corner

Actions for a Section 143(1) Intimation Letter
Got a tax intimation notice and don't know what to do next? Find out how to verify and address it properly!

Posted byby admin
June 24, 2024
4 min

Did you receive an income tax notice u/s 143(1)? Do you feel under pressure? Don’t worry. Not all tax notices are scary. Some even...

Posted inin Market Spotlight

Invest in innovation: Mediorg’s leap into the stock market
Medicamen Organics is launching an IPO to raise ₹10.54 crores through 31 lakh new shares, with a price range of ₹32-₹34 per share. Find out more!

Posted byby admin
June 24, 2024
4 min

India supplies the most generic drugs globally, and its vaccines and medicines are reputed to be very affordable. Over fifty per cent of vaccine...

Posted inin Wealth Corner

Difference between GPF and EPF
While GPF is available only to government employees, the EPF is available for employees in the private sector

Posted byby admin
June 24, 2024
3 min

In this article, we’re going to explore the main differences between a General Provident Fund (GPF) and an Employee Provident Fund (EPF). What is...

Posted inin Wealth Corner

Income Tax on Recurring Deposit – How to report in ITR
Even though recurring deposits are similar to fixed deposits, they are much more flexible. As an investor, you can modify the amount of money you want to invest with the bank every month, which automatically gets deducted from your account

Posted byby admin
June 24, 2024
3 min

In this article, we’re going to talk about what a recurring deposit is, the advantages and disadvantages of having one with your bank, and...

Posted inin Wealth Corner

Qualified Institutional Buyers: Regulations, Pros & Cons
QIBs are institutional investors in the Indian market as recognised by the Securities and Exchange Board of India (SEBI)

Posted byby admin
June 24, 2024
4 min

In this article, we’re going to understand who qualified institutional buyers are, and how they have been a critical force driving liquidity and stability...

Posted inin Wealth Corner

Mahila Samman Savings Certificate – MSSC Interest Rate for Women
Mahila Samman Saving Certificate (MSSC) is a new small savings scheme launched by the government of India to promote increased investments among women

Posted byby admin
June 24, 2024
3 min

In this article, we’re going to explore the MSSC scheme for women launched by the government of India with the Budget announcement in 2023....

Posted inin Market Spotlight

What happened in the Indian stock market (21-Jun-2024)?
On June 21, 2024, the Sensex and Nifty 50 ended lower, reflecting weak global sentiment after the US dollar hit a multi-week high.

Posted byby Hunny
June 24, 2024
2 min

The Nifty 50 reached a record high of 23,667.10 after opening but couldn’t maintain gains. The Sensex fell by 269 points (0.35%) to 77,209.90,...

Posted inin Market Spotlight

Accenture’s Q3 boosts Indian IT stocks: signs of sector recovery?
Signs of recovery in Indian IT stocks: Is the worst over?

Posted byby admin
June 24, 2024
3 min

The IT sector has had a rough couple of years, but recent developments suggest a potential turnaround. Following the release of Accenture’s Q3 results,...