How would ICICI Bank’s move to create a technological moat play out?

How would ICICI Bank’s move to create a technological moat play out?

Synopsis ICICI Bank share price has given a 23% CAGR in the past 5-year period, while its profitability has increased by 20% CAGR in the period. The deposit book of the bank improved from Rs 5,60,975 crore in March 2018 to Rs 10,64,572 crore in March 2022. While its advances improved from Rs 5,12,395 crore … Read more

Beginners guide to financial freedom: 4 basic steps to start your investment journey

Beginners guide to financial freedom: 4 basic steps to start your investment journey

A generational money myth that still runs deep today: Savings lead to wealth creation and financial freedom. While saving does achieve both, smart investing makes the concept of wealth creation, and hence, financial freedom more attainable. Never depend on a single income source. Invest to create a second source. Apprehensions to investing aren’t uncommon: it … Read more

From 60k to 60k: The rise and fall of Sensex explained in charts

From 60k to 60k: The rise and fall of Sensex explained in charts

(This story originally appeared in on Aug 17, 2022) NEW DELHI: The benchmark BSE sensex has had a bumpy ride since scaling its all-time high level of 62,245 in October last year. The index did go past the 60,000-mark on 2 occasions this year, but could not hold on to it for long. On Wednesday, … Read more

Stocks to buy today: 10 short-term trading ideas by experts for 18 August

Stocks to buy today: 10 short-term trading ideas by experts for 18 August

Indian markets opened on a subdued note on Thursday tracking muted global cues. The S&P BSE Sensex fell over 100 points while the Nifty50 held on to crucial support of 17,900 levels in the first 15 minutes of trade. Sectorally, buying was seen in realty, utilities, power, consumer discretionary, and consumer durables while selling was … Read more

3 triggers that can make Sensex, Nifty hit record highs before Diwali

3 triggers that can make Sensex, Nifty hit record highs before Diwali

NEW DELHI: With the Sensex having rallied over 9,000 points since mid-June to zoom past the 60,000 mark, market participants are left wondering whether both Sensex and Nifty will scale record high levels before Diwali, which is roughly two months away. While the 50-share index Nifty is less than 700 points away from the record … Read more