From June 30 2011, 50 paise will be the minimum coin accepted in the markets as all denominations below it will cease to be legal currency. Also, the entries in books of accounts, pricing of products, services and taxes should be rounded off to 50 paise or whole rupee from that date. The Death of 25 paisa starts from June 30,2011 onwards
Related Readings and Observations
Trading Economic Indicators : CPI Inflation Trading Inflation CPI number is very big fundamental economics indicator for trading NSE.But according to our complete analysis it shows. Trading on CPI number depends upon various factors […]
Is Gold Poised to Regain Its Luster? For several years now, the world of trade and commerce has regarded gold as an inflation hedge. The mindset was that gold ideally serves as a great diversifying element for one’s […]
How Not To End Your Trading Career Untimely. Nineteen-year-old Monty spent the afternoon day-trading penny stocks because his prefrontal cortex isn't yet fully developed and he couldn't recognize risk-reward trade-offs if they hit […]
Nifty and Bank Nifty 90 min charts for 15th September Nifty and Bank Nifty trading in sell mode with very close to the cloud resistance coming near to 5057 and 9654 zone respectively. 
Sideways Movement in Dow Jones
DowJones last 5 days movement shows that it is facing strong resistance near 8250-8300 Zone with increased selling pressure And the Ascending Triangle pattern shows that any […]
Hang Seng Gets Bearish in P&F charts
Hang Seng had yesterday made a bearish Decending Triple Bottom breakdown on 16 Dec 2009 as shown in the P&F charts with a bearish objective of 19250. One of the Asia pack […]
25P as it is is no longer accepted any where in the market these days, so where does June’11 deadline come in the picture? Anyone who has used this coin in the last year or so kindly update.
Will it Applicable at Stock Market too…?
And if so than How the Trade will Done In Penny Stocks…?
Devaluation of Money..
Soon expect 50 paise to disappear!