Debt refers to borrowing money from a person or a financial institution, with the promise of repaying it. A much more common name for debt would be “loan,” and the period of repayment could be from 1 day to over 20 years, depending on the terms and conditions you have agreed to. When I was…
We Indians are celebrating the 78th Independence Day today, 15th August 2024. It is a matter of pride that we are freed from the colonial rule that lasted around 89 years. My grandfather worked as a driver and drove trucks in Assam when the other famous freedom fighters etched their name in history. I still…
In the earlier chapters, we learned about Equity funds. There is another category called Debt Funds. AMCs could choose to lend money to corporations instead of buying their shares. The returns the AMC expects when they lend money to corporates is a period interest. Just like you take a loan from a Bank, you repay…
Bank nifty opened 41533 gap up today, made an intraday high in the 3rd candle and then fell to the support line at 41312. Most importantly this support line proved to be quite a fight with swings up and down — and final close at 41208. The opening swing would have taken out most of them by…
