Unexpected events in financial markets is referred to as ‘Six sigma’ or ‘six standard deviation’. A huge fall or a sudden rise, which is anything that is not ordinary. In historical terms, six sigma events are those which makes the market to drop down in red more than 9.5% a day. Theoretically a six sigma event happens once in 796 years, but not in practical.
New Interest Rate Futures of 6-year and 13-year government bonds to be launched and available for trading on NSE and BSE exchanges from July 31,2015 onwards. Interest Rate Futures (IRFs) is a contract between a buyer and a seller for future delivery of an interest-bearing security such as government bonds
In finance terms, volume-weighted average price (VWAP) is defined as the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the average price at which a stock is traded over the trading horizon.
Foreign Reserve is a foreign currency hold by country’s central banks (RBI) and also by major financial institutions to meet their international payment obligations or in other words to influence their exchange rate. And also includes sovereign,commercial debts,during imports,to intervene in the foreign currency market during high volatility.
Gold Global is an international price based contract, exclusive of import premium, customs duty, sales tax/VAT, and domestic market premium among others. ‘Gold Global’ makes the refiners, exporters, jewellers, includes larger bullion physical market participants, involved in import of gold bars and re-export of jewellery happy
An 8th standard student named Rajas,cornered RBI governor Raghuram Rajan with an awesome question in a formal discussion with a group of students in Mumbai. Watch the RBI governor’s Masterly Response to a Inspirable Bullet from 8th standard student
Liquid fund belongs to the category of mutual fund which invests mainly in money market instruments like certificate of deposits, treasury bills, commercial papers and term deposits with a residual maturity of upto 91 days. Since liquid funds have a low level of risk, they are assigned blue colour as per codes specified by the SEBI.
Stock screening is a process of filtering stocks based on certain criteria used by investors and traders to screen better stocks from the pack of stocks/sectors. Most Screeners provides ratings, metrics and even rule based scanning which eases out the investing decisions. While taking a investing decision some prefer fundamental screener , some prefer technical screener and the rest prefers using both in a combo to filter out better stocks that met their criteria.
Before making investments, one has to evaluate it. For valuating stocks, comes the investment valuation ratio which is the P/E ratio. As a value investor fundamental metrics will be the first priority to value a stock. For calculating P/E certain circumstances may be informative & in some cases it is quite difficult.
Will an investor choose a mutual fund based on returns only? Absolutely a big NO. So portfolio’s performance should be associated with volatility,a major factor resulting in risk-adjusted returns. Sharpe and Sortino ratios are the metrics used as performance measurement ratios.
Two New Indicators Kaufman Adaptive Moving Aveage – KAMA and Fisher Transform Indicator by Ehlers are added in our Interactive charting section. Now users can make use of these indicators in NSE FNO 5min charts and NSE Cash and Futures EOD charting section
Oxigen Wallet ,India’s first social mobile wallet service comforts people to share money with their friends & family over their preferred social networks and messaging platforms like Facebook,WhatsApp, Google+ and Twitter. Moreover Oxigen Wallet is India’s first RBI approved non-bank wallet to be integrated with NPCI allowing instant money transfer from the Wallet to 60+ banks and vice versa using the Immediate Payment Service (IMPS).