Category ยป Investing

India’s Sensex crosses 17000 points and hit record

On 26 Sep 2007 , within minutes after trading began, the India’s Sensitive Index rose above the 17,000 mark on continued buying by overseas funds and hit a record.

sensex17000

Following is the time line of sensex rise in Indian stock market history.

1000, July 25, 1990
2000, January 15, 1992
3000, February 29, 1992
4000, March 30, 1992
5000, October 8, 1999
6000, February 11, 2000
7000, June 20, 2005
8000, September 8, 2005
9000, November 28, 2005
10,000, February 6, 2006
11,000, March 21, 2006
12,000, April 20, 2006
13,000, October 30, 2006
14,000, December 5, 2006
15,000, July 6, 2007
16,000, September 19, 2007
17,000, September 26, 2007

Power of Compounding benefits: The Rule of 72

ruleof72.jpgDo you want to know how long it will take to double your money with a simple calculation ? A Quick and Easy Way to Calculate Compound Interest is The Rule of 72

The Rule of 72

The rule of 72 says that in order to find the number of years required to double your money at a given interest rate, you can just divide the interest rate into 72.

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NRI Investment In India

Are you a Non-Resident Indian (NRI) and want to Invest in Indian stocks markets, then this article is just for you?

Steps for NRI to start investing in the Indian stock Market.

1. Open a Bank Account. If you already have bank account, you should check with your bank to find out whether those are suitable for stock trading. NRE and NRO accounts generally permitted to be maintained for Portfolio Investment Scheme

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Reliance Money, Motilal Oswal Best Online Stock Trading Platform

indusschoolblrindia.jpgAccording to an online survey conducted by US-based Starcom Mediavest, Reliance Money is the top brokerage house in terms of online security and cost.

Cost-Effectiveness
1.Reliance Money
2.5paise.com
3.ICICI Direct

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