Reliance Industries Rights Issue - FAQs
- Rahul Saha
- May 27 2020
1) What is the Right Issue schedule? Ans: The Right Issue date is from 20th May (Wednesday) 2020 with the issue closing date being 3rd June (Wednesday) 2020.2) When is the date of Allotment of shares?Ans: The Allotment date for the right issue share is on (or about) 10th June (Wednesday) 2020.3) What is the Right Entitlement for the Issue?Ans: 1 (One) right issue share for every 15 Equity shares held as on record date (14th May 2020).4) Mr. X has 58 equity shares for Reliance Industries as on record...
March Newsletter - 2020
- Mitraz Financial
- Apr 22 2020
FINANCIAL NEWS EPFO subscribers can withdraw the lower of 75% of their savings or up to a maximum of three months' basic pay and dearness allowance from their PF account - during the current Coronavirus scare. However, the withdrawn amount cannot be reinvested into the corpus after the current situation is over. Unlike, other EPF withdrawals which take anywhere between three days to three weeks, request of withdrawal under the new pandemic rules of the pension fund will be honoured within three days....
"Whatever it Takes" When, how, and how much – recovery?
- Satish Anand
- Apr 22 2020
In this edition, we have covered:Tax Harvesting methods and detailsThe FM's Relief Package for the poorRBI's yet another out of the box effort to ease the credit crunch in the systemHigher weightage to India in the Morgan Stanley Composite IndexLink of the March Newsletter - 2020 at the end of the blogMarket commentary and our take on the current situationThere is a certain unquantifiable fear and because fear is unquantifiable, therefore the aversion by retail investors to believe that whatever...
Coronavirus Panic, Depressed Markets, Economy Slowdown - This Too Shall Pass
- Anup Bansal
- Mar 18 2020
Markets are down by more than 25% since the high recorded in January this year. Malls, cinema halls are shut. Work from home which was a preference of few organizations and privilege of few employees is being instituted widely across. Roads are empty with self-imposed quarantine and, in general, concern about how the Covid-19 spread may progress.My Whatsapp is flooding with messages with skepticism, hope, worry, fear and confusion. I have learnt new terms like social distancing and flattening the...
February Newsletter - 2020
- Mitraz Financial
- Mar 12 2020
SEBI Announces Amendments To Investment Advisers RegulationsSEBI has barred the use of titles like independent "financial advisers" or "wealth advisers" by those dealing in the distribution of securities unless they are registered as investment advisers also. As per SEBI, an individual adviser cannot provide distribution services, while firms would need to segregate advisory and distribution activities at the client level. SEBI has also proposed a cap on the advisory fees. A detailed circular from...
Panic Selling, Weak Investor Sentiments: Coronavirus, Yes Bank Crisis & More
- Anup Bansal
- Mar 10 2020
Information sources are plenty and whether we look for data or not, it is being pushed our way every second. We have become voracious consumers of the data but is it really adding to our actionable intelligence?As if Covid-19 scare and Yes bank meltdown was not enough, there is now a video that has been circulating about the health of Indian banks and how to measure it. It claims to have found the one magic bullet – Mcap ratio of Total Deposits to Market Cap measured by the stock price - that decides...
Coronavirus: What Does This Mean For The Indian Market?
- Satish Anand
- Mar 7 2020
What is Coronavirus?Coronaviruses are a large family of viruses, including some that cause the common cold to some that cause major diseases such as Severe Acute Respiratory Syndrome (SARS) and the Middle East Respiratory Syndrome (MERS).The coronavirus outbreak came to light when on December 31, 2019, China informed the World Health Organization of a cluster of cases of pneumonia of an unknown cause in Wuhan City in Hubei province.On January 9, 2020, WHO issued a statement saying Chinese researchers...
June Newsletter - 2019
- Mitraz Knowledge
- Jun 30 2019
KNOWLEDGE - DISPOSITION EFFECT BIASSymptoms - This refers to a tendency to label investments as winners or losers on the basis of unrealised gains and loss.Effect - Investors tend to sell their winners too fast and hold on to their losers. Studies have shown that on an average, the winners have performed much better than the losers. The portfolio return suffers over the long term because of selling the winners in an attempt to protect short term return. Also, the investor loses the chance to balance...
