Orowealth Weekend Reads: May 17, 2020 LAST WEEK MARKET MOVES Sensex Nifty Nifty Midcap 100 Nifty Smallcap 100 31,097.73 (-1.72%) 9,136.85 (-1.24%) 12,922.05 (+1.59%) 3,935.10 (+0.63%) HEALTH INSURANCE As we face unprecedented circumstances and devastation due to the Covid 19 virus, it has become vital to plan for a Health Insurance Policy. As the word insurance suggests, Health Insurance provides...
Orowealth Weekend Reads: May 3, 2020 LAST WEEK MARKET MOVES Sensex Nifty Nifty Midcap 100 Nifty Smallcap 100 31,642.70 (-6.15%) 9,251.50 (-6.17%) 12,788.95 (-5.28%) 4,910.60 (-4.10%) INVOICE DISCOUNTING Earn up to 12.00% returns! Introducing Invoice Discounting Orowealth provides a unique opportunity of discounting invoices raised on big players in the consumer space. The vendors have to wait for 30-90 days to receive...
Orowealth Weekend Reads: May 3, 2020 LAST WEEK MARKET MOVES Sensex Nifty Nifty Midcap 100 Nifty Smallcap 100 33,717.62 (+5.82%) 9,859.90 (+5.86%) 13,502.00 (+4.14%) 4,078.00 (+0.99%) HEDGE YOUR INVESTMENTS We have some good news for you in these times of doom and gloom. Since the past few weeks, equity markets have been very volatile and Nifty has corrected ~40% from its...
Orowealth Weekend Reads: April 19, 2020 LAST WEEK MARKET MOVES Sensex Nifty Nifty Midcap 100 Nifty Smallcap 100 31,588.72 (+1.38%) 9,266.75 (+1.70%) 13,046.80 (+3.93%) 4,091.15 (+7.04%) TAX SAVING INVESTMENTS It's that time of the year when tax saving is on the top of your list. With only a few days left to make your investment declarations, you might be...
Orowealth Weekend Reads: April 5, 2020 LAST WEEK MARKET MOVES Sensex Nifty Nifty Midcap 100 Nifty Smallcap 100 27,590.95 (-7.46%) 8,083.80 (-6.66%) 11,316.75 (-3.80%) 3,485.75 (-2.28%) HEDGE YOUR INVESTMENTS We have some good news for you in these times of doom and gloom. Since the past few weeks, equity markets have been very volatile and Nifty has corrected...
RBI recently announced a deferment option to financial institutions for 3months to fight the challenges arising due to the pandemic (Covid 19). This announcement is beneficial for borrowers facing any cashflow mismatch to service their loans. While the step sounds beneficial for many borrowers, the...
Hello Investors, Repo rate cut from 5.15% to 4.40% (75 bps cut). This will also help in effective transmission mainly to retail and MSME loans, as these loans need to be benchmarked to external rates and repo rate is the core rate The reverse repo...
Orowealth Weekend Reads: February 23, 2020 LAST WEEK MARKET MOVES Sensex Nifty Nifty Midcap 100 Nifty Smallcap 100 29,915.96 (-12.27%) 8,745.45 (-12.15%) 12,661.25(-13.32%) 3,885.25 (-17.71%) TAX SAVING SCHEMES It's that time of the year when tax saving is on the top of your list. With only a few days left to make your investment declarations, you might be...
Orowealth Weekend Reads: February 23, 2020 LAST WEEK MARKET MOVES Sensex Nifty Nifty Midcap 100 Nifty Smallcap 100 41,257.74 (+0.28%) 12,113.45 (-0.26%) 17,978.80(+0.72%) 6,159.75 (+0.03%) JUST LAUNCHED: PORTFOLIO MANAGEMENT SERVICES (PMS) Introducing Portfolio Mangement Services It gives us immense pleasure to inform you that your trusted financial advisor, Orowealth, has launched their own Portfolio Management Services (PMS) in...
The Union Budget presented a mix higher expenditure, lower personal income tax (subject to conditions), abolition of Dividend Distribution Tax, increase in custom duties, focus on rural consumption and provided some roadmap on better private participation, in order to boost the growth which is deteriorating...