Kanpur Investment | Financial Investment Wealth Management Official Platform in India
Ahmedabad Investment:README.md

README.md

Supporting materials for my book on electronic rates markets, includes Excel workbooks, pricers and background researchAhmedabad Investment

Low Latency Interest Rate Markets

Preface

Acknowledgements

IntroductionHyderabad Stocks

Excel Support Materials

List of Symbols and Abbreviations

1.1 Project Finance, Risk Management & Hedge Instruments

1.2 Interest Rate Benchmarks

1.3 Impact of Benchmark Rate Reform

1.3.1 Structural Interest Rate Changes

1.3.2 Fall-Back Rates

1.3.3 Yield Curve Changes

1.3.4 New Interest Rate Products

1.4 Market Terminology

1.5 Interest Rate Market Changes

2.1 Swap Quotation as an NPV or Par Rate

2.2 Swap Quotation as a Spread Over US Treasury Yields

2.3 Swap Positions Terminology

2.4 Swap Trading & Execution

2.5 Swap Trade Specification

2.6 Swap Schedule Parameters

2.7 Swap Schedule Generation

2.8 Swap Schedules & Pricing

2.9 Swap Trading Conventions

3.1 Interest Rate Swaps (IRS)

3.2 Overnight Indexed Swaps (OIS)

3.3 Risk-Free Rate Swaps (RFR)

3.4 Tenor Basis Swaps (TBS)

3.5 Cross Currency Swaps (XCCY)

3.6 Credit Default Swaps (CDS)

3.7 Asset Swaps (ASW)

3.8 Forward Rate Agreements (FRA)

3.9 Interest Rate Futures (FUT)

4.1 Forward Rates

4.2 Discount Factors

4.3 The Forward Rate – Discount Factor RelationshipJaipur Wealth Management

4.4 Impact of Collateral

4.5 Yield Curve Modelling

4.5.1 Forward Rate & Discount Factor Discovery

4.5.2 State Variables & Interpolation Methods

4.5.3 Calibration Instruments & Behaviour

4.5.4 Calibration Process

4.5.5 Optimization: Solving, Minimizing and Constraints

4.5.6 Curve Build Order & Dependencies

4.5.7 Curve Bootstrapping

4.5.8 Global Calibration

4.6 Advanced Curve Features

4.6.1 Curve Jacobians

4.6.2 Ultra-Fast Curves

4.6.3 Real-Time Risk

4.6.4 Modelling Jumps, Spikes and the Turn-of-Year Effect

4.7 LIBOR Reform

4.7.1 LIBOR Benchmark Reform (BMR)

4.7.2 Risk-Free Rate (RFR) Curves

4.7.3 RFR Curve Summary – Putting Everything Together

4.7.4 Curve Requirements – Why is Calibration so Hard

5.1 Analytical Risk

5.2 Numerical Risk

5.3 Curve Jacobians

5.4 Algorithmic Differentiation

5.4.1 Tangent Mode (AD)

5.4.2 Adjoint Mode (AAD)

6.1 Credit Risky Cash Flows

6.2 Hazard Rates

6.3 Survival Probabilities

6.4 Structural & Intensity Models

6.5 Hazard Rate Calibration

6.6 Standard Credit Market Models

6.7 Credit Proxies, Sector and Index CDS

7.1 Annuity Definition

7.2 Interest Rate Swap Pricing

7.2.1 Fixed Leg Definition

7.2.2 Float Leg Definition

7.3 Swap Trading, Market Quotes & Conventions

7.3.1 Par Rate Definition

7.3.2 Receiver Swaps

7.3.3 Payer Swaps

7.3.4 Generic Swaps

7.3.5 Par Rate Quote Convention

7.3.6 Market Par Rate Definition

7.3.7 Trade Par Rate Definition

7.3.8 Choice of Par Rate

7.4 Interest Rate Swap Risk

7.4.1 Duration Matching & Hedging

7.4.2 Macaulay’s Duration

7.4.3 Modified Duration

7.4.4 Swap PV01

7.4.5 Swap DV01

7.4.6 Hedge Ratios & Duration Matching

7.4.7 Numerical Risk – PV01 & DV01

8.1 Swap Schedules

8.2 Swap Market Data

8.3 USD Receiver Swap PV

8.4 USD Receiver Swap Par Rate

8.5 EUR Payer Swap PV

8.6 EUR Payer Swap Par Rate

8.7 Swap Risk Case Study

8.7.1 Swap Fixed & Float Annuities

8.7.2 Swap Par Rate

8.7.3 Swap PV

8.7.4 Macaulay’s Duration

8.7.5 Modified Duration

8.7.6 Swap PV01

8.7.7 Swap DV01

9.1 Credit Risk

9.2 Asset Swap Spreads

9.3 Multiple Swap Curves & Yield Curve Calibration

9.4 Benchmark Swap Curves

9.5 Risk-Free Rate Curves

9.6 Curve Risk

9.7 Convexity Risk

9.8 Par Adjustments, Funding & Collateral

9.9 Asset Swap Pricing Methodologies

9.10 Yield-Yield Asset Swap Spread

9.11 Par-Par Asset Swaps

9.12 Par-Par Asset Swap Structuring & Cash Flows

9.12.1 Initial Notional Exchanges

9.12.2 Interim Coupons

9.12.3 Final Notional Exchanges

9.12.4 Asset Swap Structure Summary

9.13 Summary of Asset Swap Pricing Methodologies

9.13.1 Yield-Yield Asset Swap Spread

9.13.2 Par-Par Asset Swap Spread

9.13.3 Market Value Adjusted (MVA)

9.13.4 Yield Accrete

9.13.5 Z-Spread

9.13.6 CDS Spread

Lucknow Wealth Management

Mumbai Stock Exchange:Nvidia Second Quarter Earnings Preview: What To Know Before The AI Leader Reports

Nvidia Second Quarter Earnings Preview: What To Know Before The AI Leader  Reports

Nvidia shares fell nearly 23% from mid-July through early August, closing on August 7 at $98.91. The selloff was triggered by fears that Nvidia’s big tech customers may trim their spending budgets, as well as rumored delays in the rollout of Nvidia’s Blackwell GPUs slated for launch later this year. The stock drawdown was further exacerbated by some high profile investment funds exiting or cutting stake in Nvidia, and doomsday predictions Nvidia’s shares were running rampant on Wall Street. However, the stock staged a strong recovery of more than 30% from these low levels, closing August 19 at $130. Even as the AI bellwether braces to release its second-quarter earnings report on August 28, what should investors expect from Nvidia’s upcoming earnings print? Is it time to sell Nvidia after its nearly 3,000% rally in the past five years?

When is a good time to sell or any other stock? When the stock fundamentals have deteriorated and do not support the current price levels at which the stock trades. Is that true of Nvidia?

After a meteoric rise in the past years, Nvidia stock lost its sheen somewhat after its recent slump of more than 20%. The selloff was triggered by concerns related to a possible capex slowdown by Nvidia’s top customers and hyperscalers Microsoft (MSFT), Meta Platforms (META), Amazon (AMZN) and .

However, all these companies have pledged to boost their spending on even higher. Google parent Alphabet said its future capex will be “at or above the first-quarter level of $12 billion.”

Microsoft, which is Nvidia’s largest customer, reported capital spending of $55.7 billion for the fiscal year (ended in June) up 75% from last year, and noted that capital spending in fiscal 2025 will top that level to meet the growing demand signal for its and cloud products.

Meta stated that it currently expects significant capex growth in 2025 as it invests to support its AI research and product development efforts. The elevated AI capital spending appears to be paying off for Meta, which raised its third-quarter revenue guidance to $38.5 billion to $41 billion vs. the $39 billion consensus estimate, thanks to a robust growth in advertising. Meta has been leveraging AI to optimize ad targeting, which has significantly improved its advertising performance and business efficiencies. Amazon expects capital investments to be higher in the second half of the year and the majority of the spend will be to support the growing need for AWS infrastructure as the company continues to see strong demand in both generative AI and non-generative AI workloads. JPMorgan sees the four hyperscalers–Google, Microsoft, Meta and Amazon–spending a collective $200 billion in capex this year with AI buildout dominating the capital spending, which in turn bodes well for Nvidia.

Another cause for concern centers around the rumored delay in the rollout of Nvidia’s next generation Blackwell AI chips, which are roughly two times faster than Nvidia’s current Hopper models, but with notable improvements in energy efficiency. The delay is reportedly attributed to the complexity of the chip-on-wafer-on-substrate (CoWoS) packaging technology used by Taiwan Semiconductor Manufacturing Company (TSM) that manufactures these chips for Nvidia. The Blackwell launch is scheduled for later this year.

However, Nvidia commented that Blackwell sampling has started, and production is on track to ramp in the second half. Nvidia’s hardware partners, like Foxconn, Quanta, Wistron, Pegatron, and Asus, have already demonstrated their Blackwell-based servers at Computex, a computer expo held annually in Taipei, Taiwan. Investors are hoping that Nvidia may provide a more specific timeline for the Blackwell ramp in its upcoming earnings call, beyond an ambiguous reference to the second half of the year.

Even assuming there is a delay in a worst case scenario, it is good to know that Nvidia is working on fixing the design complexities rather than bringing out a flawed model that is bound to fail. The delay (if there is one) is unlikely to hamper Nvidia or its prospects in the longer run. Don’t forget, Nvidia is still the undisputed leader in the data center GPU market, and even if AMD brings out a rival product comparable to Blackwell, it will still have to catch up with the yawning chasm in market share.

Besides, there’s the alluring revenue dynamics at play. According to news reports that reference a Morgan Stanley analysis, Nvidia and its partners are expected to price an AI server cabinet, featuring the upcoming Blackwell GPUs, between $2 million and $3 millionMumbai Stock Exchange. This pricing could potentially lead to an estimated annual revenue exceeding $200 billion in 2025 based on the requirement for tens of thousands of AI servers. If were to be trusted, Nvidia may have boosted its Blackwell orders with TSMC by 25% and that could be favorable for TSMC, which is manufacturing the most powerful AI chip in the world based on Blackwell architecture.

The much-touted exodus of top money managers from Nvidia shares during the second quarter is reflected in some 13F filings. The SEC’s Form 13F must be filed every quarter by institutional investment managers with at least $100 million in assets under management (AUM).

According to the latest 13F filings,

Stanley Druckenmiller’s Duquesne Family Office slashed its stake in Nvidia by 88% and now holds less than 1% of Nvidia in its portfolio.

David Tepper’s Appaloosa Management reduced its Nvidia holdings by 84.4% and now Nvidia is just 1.38% of its portfolio.

Soros Capital Management LLC, Twin Tree Management LP and Paul Singer’s Elliott Investment Management Holdings exited their positions in Nvidia.

Light Street Capital Management Holdings cut its Nvidia stake by 26.1% but Nvidia is still its top holding representing 17.1% of its portfolio.

Lee Ainslie’s hedge fund Maverick Capital trimmed its stake in Nvidia by 2.86% but Nvidia is still among its top five holdings representing 4.8% of its portfolio.

Whale Rock Capital Management Holdings cut its stake by 40.7% in Nvidia, which still remains its top holding representing 8.5% of its portfolio.

Interestingly, the top shareholders of Nvidia shares– and –added 11.4 million and 16.9 million shares, respectively during the second quarter.

While it may seem like a great strategy to follow “smart money,” it should be noted that the 13F is just one among several data points for investors to make informed investment decisions. Besides, the 13-F can be filed up to 45 days after the end of a quarter, meaning that the filing only gives a peek into past strategies of institutional investment managers and may not hold much relevance at the time when it comes into public knowledge. Also, institutional investment managers have deep pockets, and specific investment strategies which they are not required to reveal to the public fully, like their short positions for example. So attempting to reverse-engineer their success without understanding the underlying strategy can often burn the investor.

At this point, does it look like there is any compelling reason to sell Nvidia shares?

As a key enabler of AI with its GPUs powering even supercomputers used by Meta and , Nvidia continues to dominate the AI chip market with an estimated market share ranging from 70% to 95%. For a hardware company, Nvidia’s gross margins are quite high at 73.8% for fiscal 2024. Nvidia’s competitive moat lies in CUDA, its proprietary software stack that allows developers to leverage the parallel processing capabilities of Nvidia GPUs to accelerate machine learning workloads. Attempts to migrate from the CUDA have gone south, but Nvidia is never negligent. It constantly evolves CUDA’s capabilities, to retain its market leadership. But that hasn’t deterred AMD, Intel and Google from persevering in valiant attempts to unseat the CUDA from its pedestal.

Nvidia’s upcoming Blackwell platform has an inference capability that is 30x of the incumbent Hopper’s, while consuming 25x less cost and energy. Nvidia has dismissed any concerns of customers holding off on Hopper orders because of the upcoming Blackwell launch. The demand for both Hopper and Blackwell platforms is well ahead of supply and this is expected to continue well into the next year. The upcoming earnings report will provide more clues on the Blackwell ramp.

Nvidia sees a long-term market opportunity of $1 trillion with $300 billion from datacenter, $100 billion from gaming, $300 billion from autonomous vehicles and robotics, $150 billion from industrial meta verse via its Omniverse ecosystem and $150 billion from Enterprise via Nvidia AI Enterprise–its operating system for enterprise AI, as well as DGX Cloud that gives customers instant access to Nvidia AI supercomputing in global-scale clouds.

Nvidia’s growth has been strong and profitable. In the last five years, revenue has grown from $10.9 billion in fiscal 2020 to $60.9 billion in fiscal 2024 with revenue reaching $26 billion for the first quarter of 2025, while operating margins have risen from 34% to 61%, and at 69% for the first quarter.

Data Center revenues constitute a major chunk of its top line, and have grown at a 75% CAGR in the past five years to $47.5 billion in fiscal 2024. In the first quarter, data center revenues were $22.6 billion.

Gaming revenue, which represented 17% of Nvidia’s fiscal 2024 top line, has grown at a five-year CAGR of 11% from $5.5 billion in fiscal 2020 to $10.4 billion in fiscal 2024.

Nvidia’s Professional Visualization segment represented 3% of 2024 revenues, but is seen as a significant future growth driver. The business offers Omniverse as a development platform for enhancing productivity and introducing new capabilities in design, manufacturing and digital content creation.

Nvidia’s automotive revenues stem from its platform solutions for automated driving and in-vehicle cockpit computing. The Nvidia DRIVE

is an end-to-end Autonomous Vehicle (AV) platform with a full software stack powered by systems-on-a-chip (SoCs) in the vehicleBangalore Stock Exchange. Xiaomi’s first electric vehicle, the SU7 sedan is built on the Nvidia Drive Orin, which is Nvidia’s AI car computer for software-defined autonomous vehicle fleets. Nvidia Drive Thor, the successor to Orin, has already procured design wins with EV makers, and slated for production in vehicles in 2025. Although automotive revenues represented only 2% of the top line in fiscal 2024, this is another key area of growth for Nvidia in the future, amid the rising momentum of self-driving vehicles. The global autonomous vehicle market is to grow to $448.6 billion by 2035, according to Allied Market Research.

Financial Health Indicators (H2)Nvidia’s free cash flow (FCF) has grown from $4.3 billion in fiscal 2020 to an impressive $26.9 billion in fiscal 2024, with first quarter FCF at a stellar $14.9 billion. In fiscal 2024, the company spent $395 million in dividends, which it plans to maintain, and $9.5 billion on stock buybacks, reflecting its strong alignment with shareholders. It is not surprising considering that Nvidia’s Founder CEO Jensen Huang owns more than a 3% stake in Nvidia. There was some controversy about the CEO offloading some shares and making good profits before Nvidia shares dropped. Although the timing of the sale turned out to be unusual, the shares were sold under a 10b5-1 trading arrangement that allows company insiders to sell company stock on a predetermined schedule without breaching insider trading laws. So, there’s no cause for concern. Like other shareholders, Jensen Huang experienced a significant paper loss when Nvidia’s stock value fell in the recent period.

AI is a secular , not a one-off pattern to fizzle out. According to management consulting firm MarketsandMarkets, AI is estimated to grow from a value of $214.6 billion in 2024 to $1,339.1 billion by 2030, and Nvidia’s strong positioning makes it a key beneficiary of these AI tailwinds. However, Nvidia’s growth is expected to normalize from the fast, furious and feverish pace to stable and more sustainable levels.

A low interest rate environment is typically better for tech companies, as it spurs R&D spending, deal making (M&A) and fundraising in the tech sector. However, AI has been the winning theme so far, defying the higher-for-longer interest environment, by shaping capital spending plans of large tech enterprises.

Capex of mega cap techs are at new highs, and the budget is expected to expand further in 2025. Tech spending intent by corporations remained positive in the second quarter of 2024, as reflected by the U.S. Technology Demand Indicator () score of 51.71 in the second quarter (as measured by 451 Research). The score is slightly lower than the first-quarter number of 52.11, but still positive as a score above 50 typically indicates expansion. This bodes well for Nvidia, which is a key beneficiary of AI tech spending. With the wide expectation of Fed interest rate cuts starting in September, the capital spending environment in the tech sector is likely to get even more conducive.

The global gaming market is estimated to generate $187.7 billion in revenue in 2024 with nearly half of it originating from mobile games, according to gaming market data and research firm . Nvidia’s flagship gaming GPU product line GeForce, supports more than 200 million gamers. The latest RTX 40-series graphics cards of GeForce based on Ada Lovelace architecture continue to stay on top of the game. The gaming industry is looking forward to Nvidia’s next-generation GeForce RTX 50-series graphics cards based on the Blackwell architecture. Significant growth in e-sports–the gaming competitions for professional players and teams–also highlights the demand for high speed and performance packed Nvidia GPUs.

Industrial Metaverse is a virtual environment that will apply metaverse elements like digital twins, virtual reality (VR) and augmented reality (AR

) to industrial applications, to enhance the efficiencies of industrial operations and processes. A simple example would be the maintenance team in a manufacturing company applying VR to simulate repairs on a digital twin of a machine and optimizing the procedure before actually applying it to a physical machineChennai Investment. Allowing businesses to model prototypes and test in a digital environment before committing physical and human resources to a project, will enhance operational efficiency, reduce downtime, and improve overall productivity, while unlocking immense value for enterprises. Nvidia’s Omniverse is a scalable, multi-GPU real-time development platform for building and operating metaverse applications. Nvidia is collaborating with Siemens to build the industrial Metaverse and to increase use of AI-driven digital twin technology for enhancing industrial automation. estimates the global industrial metaverse market to reach $228.6 billion by 2029 from an estimated $28.7 billion in 2024, with an estimated CAGR of 51.5%, thanks to the rising adoption of digital twins, advancements in AR, VR, AI, IoT, and rising demand for efficiency and optimization in the industrial sector. As a key player, Nvidia is well positioned to benefit from this growth.

A citing Jeffries analysts noted that the U.S. may implement new trade restrictions that could ban Nvidia from selling its H20 AI chips to China. H20 is Nvidia’s specially designed chip for China, after regulators tightened restrictions on selling high-end AI chips to China, including Nvidia’s H100, citing national security concerns. However, H20’s computing power is significantly lesser compared to H100, to achieve compliance with the U.S. sanctions. But, now even the H20 may possibly be banned for sale in China when the U.S. reviews its semiconductor export controls in October, says the report and if the ban occurs, Nvidia stands to lose an estimated in revenue. Analysts had previously projected that Nvidia will deliver more than 1 million new H20 chips to China, and generate more than $12 billion in sales as each H20 chip is priced between $12,000 and $13,000. In the prior financial year, Nvidia’s China revenues were estimated at $10.3 billion.

According to a report, Huawei is preparing to challenge Nvidia’s H100 AI chips with its Ascend 910C, and expects to begin shipping these chips as early as October. The Ascend 910C chip is reportedly being tested by Chinese companies, while TikTok parent ByteDance, Baidu and China Mobile may be engaged in early discussions to buy the chip. If the news reports were to be believed, this could pose a serious threat to Nvidia’s market share in China, which is already very limited because of U.S. trade restrictions.

Nvidia is scheduled to release second-quarter 2025 earnings on August 28. Here’s a rundown of what investors can expect…

Analysts expect Nvidia to report second quarter adjusted earnings of 64 cents a share on revenues of $28.5 billion, representing a more than two-fold increase from year-ago’s split-adjusted 27 cents per share on $13.51 billion revenues.

Nvidia appears well positioned to beat earnings and revenue estimates for the second quarter, if we look to the last four quarters for direction. Nvidia beat EPS and revenue estimates in the last four quarters, with the magnitude of beats reducing sequentially. (See table below.)

A definite time frame for the Blackwell ramp would be helpful, if Nvidia wants to put the delay rumors to rest. Nvidia had said it expects to see a lot of Blackwell revenues this year. Analysts project Blackwell revenues exceeding $200 billion for Nvidia next year.

Nvidia is well positioned to benefit from its top customers’ plans to continue spending heavily on AI-related infrastructure.

Fundamentally, nothing has changed to impact Nvidia’s competitive edge in AI or accelerated computing. Among peers, Nvidia is still an enviable market leader in AI chips. The demand for both Hopper and Blackwell platforms is well ahead of supply and is expected to continue well into the next year. Strong and accelerating demand for generative AI training and inference should propel data center growth.

Nvidia may provide more color on its new Spectrum-X Ethernet networking solution that began shipping in the first quarter. The Spectrum-X enables Ethernet-only data centers to accommodate large-scale AI. Nvidia expects the Spectrum-X to ramp to a multibillion-dollar product line within a year.

An update can be expected on Sovereign AI, which refers to a nation’s capabilities to produce AI using its own infrastructure, data, workforce and business networks to navigate the complex landscape of data privacy and security. Nvidia sees its Sovereign AI revenue approaching the high single-digit billions this year, from nothing last year.

An update may be expected on Omniverse industrial digitalization, which is expected to drive the next wave of growth in the professional visualization business.

Nvidia sees its automotive business driving a multibillion revenue opportunity across on-prem and cloud consumption. The second quarter earnings call may provide more clues on the demand for the Nvidia Drive Thor and the Nvidia Drive Orin.

Any update on Nvidia’s China sales/market will be a key watch point.

In the past five quarters, Nvidia shares have continued to set new highs in the days and weeks following a strong earnings report and guidance. However, after Nvidia reported spectacular results for the second quarter of 2023, the stock rose by a lackluster 6% although that was still a new high. Was it because the Nvidia stock had run up significantly ahead of its second quarter announcement? Will that pattern repeat this year?

Source: Yahoo Finance

Nvidia is firing on all cylinders. Fundamentally nothing has changed much for Nvidia. It is still the market leader for AI chips and demand for its GPUs appears as strong as ever with its top customers having pledged to keep spending heavily on AI infrastructure. Any delay in the Blackwell ramp may cause near-term volatilities, but the true risk lies in the likelihood of a trade ban that would stop it from selling its H20 AI chips to China, the second largest economy in the world. But if the company loses an estimated $12 billion in China revenues, there is still the $200 billion in estimated revenue potential for Blackwell. The true competitive edge of Nvidia lies in the strong moat it builds around its products, like the CUDA for instance.

Nvidia could report a stellar second quarter, but will the Nvidia stock rally in the near-term? That depends. If the stock runs up ahead of its second-quarter earnings, then the post-earnings rally may likely be lackadaisical. But, Nvidia stock is for the long haul, as AI is here to stay. The strategy would be to buy on dips.

Please note that I am not a registered investment advisor and readers should do their own due diligence before investing in this or any other stock. I am not responsible for the investment decisions made by individuals after reading this article. Readers are asked not to rely on the opinions and analysis expressed in the article and encouraged to do their own research before investing.

Jaipur Stock

Jaipur Investment:Notice on applying for 2021 basic scientific research operating expenses philosophy and social sciences research seed fund project

Notice on applying for 2021 basic scientific research operating expenses philosophy and social sciences research seed fund project

According to the management measures for basic scientific research business fee of Jilin University (Revised), the project application and approval of the basic scientific research business fee philosophy social science research seed fund project in 2021 is carried out. The specific notice is as follows:Jaipur Investment

Scope of funding

Apply for the projects of national social science fund and National Natural Science Fund in 2021, and those projects that meet the requirements for the basic scientific research business fee of our University (see Annex 1 for the list).

Funding and research period

Each grant is 30000 yuan, and the research cycle of the project shall not exceed 2 years.

Requirements for closingprojects

The projectsshall be concluded in accordance with one of the following three conditions:

1. complete the expected research results determined in the application for the project. The basic requirements of the results are as follows: the project achievements are monographs and must be published in the press; The results of the project are papers or research reports. At least 3 achievements meet the standards of scientific research achievements above category D in the’classification of scientific research achievements of Jilin University'(if the results meet the standards of category C or above, the requirements for the number of results can be reduced appropriately). At least 2 achievements in languages, arts, sports and other disciplines must meet the standards of scientific research achievements above category D.

2. during the project implementation period, the project leader shall apply for approval of the project approval for the national social science fund project, the National Natural Science Fund project or the humanities and social science research project of the Ministry of education with the core content of the project; During the implementation period of the project, the project leader shall apply for the approval of provincial and ministerial scientific research projects with the core contents of the project.

3. during the project implementation period, the project leader shall undertake horizontal research projects with the core content of the project, and the total funded funds shall be more than 150000 yuan or more than 80000 yuan for single projects; During the implementation period of the project, the project leader shall undertake horizontal research projects with the core contents of the project, and the total amount of the funded funds is more than 60000 yuan or more than 30000 yuan for individual projects.

Declaration method

1Guoabong Stock. the project leader shall make appropriate adjustment in combination with the research contents of the project of the National Social Science Fund and the National Natural Science Fund project, fill in the application form of basic research business fee seed fund project of Jilin University (attachment 2), and shall not apply for the original problem. A4 paper shall be printed on both sides, and the left side shall be bound in volume, and the original shall be in triplicateMumbai Investment. Please ensure that the electronic version and the paper application materials are consistent. The naming rules of electronic version of application form are’name of the unit + applicant’.Varanasi Stock

2. the project execution period in the application shall be filled in according to may 2021-may 2023.

3. the scientific research Secretary of each unit shall submit the application materials (including electronic version) of the unit to the social science department before May 7, 2021, and shall not accept it within the time limit.

Contact: Pengjing

Udabur Stock

New Delhi Wealth Management:Stock Market Holidays in September 2024: All Weekends, No Weekday Break

Stock Market Holidays in September 2024: All Weekends, No Weekday Break

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.fNew Delhi Wealth Management. September 1, 2020.  Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from the depository on your email id and/or mobile number to create a pledge.   Pay 20% upfront margin of the transaction early to trade in the cash market segment.   Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020, and NSE/INSP/45534 dated August 31, 2020, and other guidelines issued from time to time in this regard.   Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Corporate Office: No. 153/2, 3rd Floor, M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bengaluru – 560 063, Karnataka.

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We hereby declare that we are doing PRO trading

Procedure to file a complaint on SEBI SCORES : Register on SCORES portal and SEBI SCORES 2.0.  Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances

Click on the provided link to learn about the process for submitting a complaint on the ODR platform for resolving investor grievances.

Investment in securities markets are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit.Hyderabad Investment

For queries regarding account opening or activation, email to and for fund updates, email to

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KYC is a one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to an IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in the investor’s account.

Kolkata Investment

Guoabong Wealth Management:Best Low-Risk Investments with High Returns in India 2022

Best Low-Risk Investments with High Returns in India 2022

Safe investments with high returns in India

Following are some of the best investment plans with high returns in India:Bank FD

Bank fixed deposits are one of the safest investments with high returns in India. Both residents and non-residents can invest in fixed deposits to save their earnings and get higher returns. Interest rates on fixed deposits (3.50% to 7% p.a.) are much higher than that on regular savings accounts (2.50% to 5% p.a.). Moreover, interest earned on NRE FDs is not taxable in India.

Bank FDs are an attractive option of investment to get guaranteed on investment with almost no risk of losing money. Key features of bank FDs are as under:Safest investment option with assured returns over timeMost suitable for investors who have a low-risk profileLoan against balance is availablePublic Provident Fund

Public Provident Fund is a government-supported investment scheme and offers guaranteed returns. The scheme comes with a lock-in period of 15 years and is a safe investment with high returns. Interest earned on the contributed amount and the returns is not taxed in India. Resident Indians can easily contribute to the fund, but can NRI open a PPF account?

PPF rules for NRIsNRI can’t open a PPF account in India.However, if you opened a PPF account before becoming an NRI, you can continue to hold the account till maturity i.e. 15 years. On maturity, the NRI has to close the PPF account and can’t extend the sameGuoabong Wealth Management. If an NRI continues to contribute to the fund without notifying their bank of their status, no interest will be payable on contribution after maturity. National Pension Scheme (NPS)

NPS is a government-backed retirement fund that aims to provide financial security to individuals after retirement. Managed by PFRDA or Pension Fund Regulatory and Development Authority, it is also a safe investment with high returns. Not only residents but NRIs can also invest in NPS.

Indian citizens between 18 years and 60 years can open a National Pension Scheme. The minimum contribution of Rs. 6000 is acceptable in a financial year. You can pay the contribution as monthly installments of a minimum of Rs. 500 or as lump sum. The contribution made by subscribers is invested in the market-linked securities, such as equity and debt. The current rate of interest applicable on contributions made in NPS ranges from 8-10% p.a.Unit Linked Insurance Plan

ULIP is an insurance cum investment scheme that provides financial security and investment opportunities to multiply wealth in the long term. One part of the contribution is directed towards market-linked securities like debt and equity funds for high returns on investment and the other part is used to provide life coverage to the family of the investor. Hence, the return is guaranteed in the form of maturity amount.

Just like residents, NRIs can also invest in ULIP plans in India, provided they follow the regulations of FEMA (Foreign Exchange Management Act). Equity Linked Savings Scheme ELSS

Equity Linked Savings Schemes (ELSS) are considered as one of the most preferred investment options of tax deduction for NRIs and resident investors. You can claim up to maximum deduction of Rs. 1.5 lakh in a year u/s 80C of IT Act. ELSS are equity-oriented mutual funds and invest majorly in equity and equity-linked securities such as shares. Hence, the risks are similar to those associated with investing in stocks.

Like fixed deposits and Public Provident Funds, ELSS don’t offer assured returns. So, these funds are not most suitable for investors with a low-risk profile.

Listed below are the safest investment options with high returns in India. Residents as well as NRIs can explore these investment options to make their wealth grow.

For a secure financial future, it is natural to look for a safe investment that offers high returns. However, before selecting an investment plan it is important to assess your risk tolerance, investment tenure, financial needs, and liquidity requirements. NRI investor should also konw about regulations they need to follow to invest in India.

To ask any question related to investment in India, NRIs can schedule a call by clicking the button below or download SBNRI App from the Google Play Store or App StoreNagpur Stock. You can also use the SBNRI app for investment in stock market/ mutual funds, NPS, Fixed Deposit, Pre-IPO, Asset Finance, Commercial Real Estate, Indian Startups Funds, NRI account opening, etc. To ask any questions, click on the button below. Also, visit our blog and YouTube channel for more details.

Kanpur Investment

Pune Stock:What is the Difference Between Indian and US Stock Markets?

What is the Difference Between Indian and US Stock Markets?

The US stock market attracts numerous investors. However, investing in the stock market without understanding the difference between the Indian stock market and the US stock market can lead you to miss out on potential investment opportunities. To begin your investment journey in the US stock market, you must be familiar with how it works and how it differs from the Indian marketplace. In the following sections, we will discuss both markets, their top-performing sectors, and which is a better option for investment.Topics Covered

While the Indian stock market predominantly comprises Indian companies, it offers unique investment opportunities that can enhance portfolio growth. Focusing on India’s rapidly expanding sectors like technology, pharmaceuticals, and renewable energy can yield substantial returns. Moreover, the country’s diverse economy, driven by a burgeoning middle class, presents prospects for long-term growth. While the US market may provide broader international exposure, the Indian market’s potential for high returns and its resilience, even during global downturns, should not be underestimatedPune Stock. By strategically investing in the Indian as well as US stock markets, investors can achieve a well-rounded and resilient portfolio, complementing global diversification efforts.

Invest directly in US giants like Apple and Tesla with a that allows access to US stock markets.

The US Stock Market, encompassing major indices like the S&P 500, Dow Jones Industrial Average, and Nasdaq, is the largest in the world by market capitalisation. It hosts a vast array of domestic and international companies across diverse industries. In contrast, the Indian Stock Market, represented by indices such as the BSE Sensex and Nifty 50, while significant, is smaller in comparison. This size differential reflects the varying stages of economic development between the two countries.

The US Stock Market is highly developed, with a long history of investor participation, deep liquidity, and advanced financial instruments. It attracts a diverse array of institutional and retail investors, including mutual funds, pension funds, and individual traders. The Indian Stock Market has also evolved significantly, driven by economic reforms, technological advancements, and increasing investor awareness. However, it may still exhibit higher volatility and susceptibility to external shocks compared to its US counterpart.

Both markets operate under distinct regulatory frameworks. The US Securities and Exchange Commission (SEC) oversees the US market, enforcing disclosure and transparency standards to protect investors. In India, the Securities and Exchange Board of India (SEBI) regulates the market and has implemented reforms to enhance investor confidence and streamline trading practices.

The impact of the US Stock Market on the Indian market is notable in terms of listing requirements for foreign companies. The US Stock Market boasts more lenient criteria, which has attracted a significant presence of international firms. This dynamic enriches diversification opportunities for US investors by allowing them to access a wide array of global enterprises. In contrast, the Indian stock market has traditionally been predominantly composed of domestic companies. However, recognising the potential benefits of foreign investment, India has encouraged foreign entities to list on Indian exchanges, contributing to a broader and more diverse investment landscape within the country.

The Indian Stock Market operates in Indian Standard Time (IST), while the US Stock Market operates according to Eastern Time (ET). This time zone difference can impact trading patterns and investor behavior.

The US is a mature and diversified economy with steady growth, while India is classified as an emerging market with high growth potential. Investments in the US market may offer stability and dividend income, while the Indian market provides the allure of higher capital appreciation fueled by a youthful population, urbanization, and increasing consumption.

The Indian stock market vs the US stock market comparison considers different top-performing sectors. In India, these sectors are mostly related to the nation’s economic growth, such as resources and infrastructureHyderabad Wealth Management. In 2022, despite the falling market due to massive sell-offs, sectors that stayed stable included power, utilities, and metals. On the other hand, the top-performing sectors in the US stock market are more stable, such as technology and healthcare. Even under downward and highly volatile market conditions, these sectors remain stable, including healthcare, communication services, etc.

When investing in any of these markets, prefer portfolio diversification across various top-performing sectors. Mostly, sectors showing high returns also carry higher risks, increasing your chances of loss. On the other hand, spreading the investments across various sectors will mitigate the risk involved. The key is to choose a few stable sectors with good growth potential.

Both Indian and US stock markets have pros and cons. They are unique in their own ways, with high risk and volatility in the Indian market and more diversity and less volatility in the US market. Moreover, the Indian regulatory environment is more challenging for investors than the US market, which is heavily regulated with ample investment opportunities. Ultimately, the final investment decision in any market depends on your risk tolerance and investment goals.

Hence, careful research and analysis of each market is extremely important before making an investment decision. You can get detailed information about both markets online at reliable broking platforms. However, first, open a Demat account with a reliable broking agency and find your path to reasonable investments in foreign markets.

Diversifying investments through the US stock market offers a lucrative strategy, embracing budding startups and tech giants for profitable potential. Notable takeaways include the Indian stock market’s rapid growth, trading on BSE and NSE, tracked by Sensex and Nifty indices. The US market showcases dynamic players like Tesla, Flipkart, Microsoft, and Amazon, with NYSE and NASDAQ as major exchanges. Key US indices encompass NASDAQ Composite, S&P 500, and Dow Jones Industrial Average. For those eyeing the Indian market, consider opening a Religare Broking demat account for streamlined access and informed investments.

Chennai Stock

Nagpur Investment:Hyundai Motor India IPO Listing Date: Key things to know before debut on NSE and BSE

Hyundai Motor India IPO Listing Date: Key things to know before debut on NSE and BSE

Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (022) 24229920. Email ID: | Registered Address: 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001 | RKSV Commodities India Pvt. Ltd.: SEBI Registration No.: INZ000015837 | MCX TM Code: 46510 | CIN: U74900DL2009PTC189166 | Compliance Officer: Mr. Amit Lalan. Tel No.: (022) 24229920. Email ID: | Registered Address: 807, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001. Correspondence Address: 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (West), Mumbai – 400013. | For any complaints, email at and .

Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES include: Name, PAN, Address, Mobile Number, and E-mail ID. Benefits include effective communication and speedy redressal of grievances. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI, along with our Terms of Use and Privacy Policy.

Upstox Securities Private Limited is a wholly owned subsidiary of RKSV Securities India Private Limited and RKSV Commodities India Private Limited is an associate of RKSV Securities India Private Limited.

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing.

*Brokerage will not exceed the SEBI prescribed limit.Nagpur Investment

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.

On an average, loss makers registered net trading loss close to ₹ 50,000

Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.

Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Mutual Funds: Top rated funds do not constitute any adviceAgra Stock. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.

These are not Exchange traded products, and the Member is just acting as distributor. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.

Attention Investors: As per NSE circular dated July 6, 2022, BSE circular dated July 6, 2022, MCX circular dated July 11, 2022 investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. Investors are further cautioned to avoid practices like:

a) Sharing i) trading credentials – login id ☩asswords including OTP’s., ii) trading strategies, iii) position details.

b) Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.

c) Writing/ selling options or trading in option strategies based on tips, without basic knowledge ☩nderstanding of the product and its risks

d) Dealing in unsolicited tips through like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.

e) Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.

Kindly, read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets : Advisory Guidelines For Investors

Kindly, read the advisory as prescribed by the Exchange with reference to their circular dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: KYC Updation

Lucknow Investment

Surat Stock:Top Gainers Stocks Today: Get Full List Updated Daily

Top Gainers Stocks Today: Get Full List Updated Daily

Top Gainers are stocks that have seen the highest percentage increase in their stock price during the trading day. These stocks represent companies that are experiencing significant positive momentum, making them an attractive opportunity for short-term traders and long-term investors alike.

Investing in top gainers stocks holds substantial importance for long-term investment strategies:

Potential for Quick Gains: Top gainers often experience price momentum, allowing for potentially fast profits in a short period. Top Gainers can signal strong upward trends, providing the chance for higher returns.

Indication of Strong Fundamentals: A stock that makes it to the top gainers list often reflects strong underlying business fundamentals or positive external factors.

Investment Confidence: Investing in stocks with strong positive movements can boost your confidence, especially when paired with sound research.

Day Traders: Look for high-volume stocks on the top gainers list to capitalize on price fluctuations during the day.

Swing Traders: Use the list to identify stocks with strong momentum that may continue rising over the next few days or weeks.

Long-Term Investors: Monitor top gainers to find companies showing strong growth potential, indicating a solid buy-and-hold opportunity.

Real-Time Updates: Our list is updated daily to reflect the most accurate market data, ensuring you’re always informed about the latest opportunities.

Stock Performance Insights: Gain deeper insights into each stock’s performance, including percentage gain, market capitalization, trading volume, and more.

Sector-Wise Breakdown: Get top gainers stocks of every sector, from IT and pharma to banking and energy stocks.

User-Friendly Interface: Quickly sort and filter the top gainers based on your preferences, whether you’re looking for short-term trades or long-term investments.Surat Stock

On this page, you can find a daily list of top gainers stocks in India, including detailed financial analyses and up-to-date information. This resource allows you to make informed decisions based on current market conditions and company performance.

Our Top Gainers Stock Page is tailored to investors in the Indian stock market, focusing on NSE and BSE stocks. Stay updated with the latest price movements, company news, and expert analysis to make well-informed investment decisions.

You can also get list of Top Losers Stocks Daily in Ticker.

Bookmark this page and visit daily for the most up-to-date top-performing stocks in the Indian marketPune Wealth Management!

1. How often is the Top Gainers list updated?

A. Our top gainers list is updated daily during the market hours to provide the most accurate data. The prices are delayed by 15 minutes.Jinnai Wealth Management

2. What factors influence a stock to become a top gainer?

A. Factors like positive earnings reports, industry news, market sentiment, and global economic factors can drive a stock’s price upwards, making it a top gainer.

3. Is investing in top gainers a guaranteed way to make profits?

A. While top gainers show strong price performance, it’s important to conduct thorough research and consider market volatility before investing.

4. What are top gainers stocks?

A. Top gainers stocks are securities that have experienced the highest percentage increase in price during a specific trading period, typically within a single day. These stocks close at a higher price compared to their opening price, indicating strong market performance.

5. Where can I find the list of top gainers stocks today?

A. You can find the daily list of top gainers stocks right here on this page. We provide real-time updates on the stocks that have shown the most significant price appreciation.

6. How do I analyze top gainers stocks?

AMumbai Wealth Management. To analyze top gainers stocks, consider evaluating their financial performance, market trends, and trading volumes. This analysis helps in understanding the sustainability of their price increases and identifying potential long-term investment opportunities.

7. Why should I invest in top gainers stocks?

A. Investing in top gainers stocks can be beneficial as they often reflect strong market sentiment and investor confidence. These stocks may present opportunities for growth and can help diversify your investment portfolio.

8. Are top gainers stocks suitable for long-term investment?

Jaipur Investment

Lucknow Stock:Investing in Stocks – Wells Fargo Advisors

Investing in Stocks – Wells Fargo Advisors

A stock is a type of security. It is a share of ownership in a company, which entitles the owner, also known as a shareholder, to own part of a company’s assets and a percentage of its profits if the stock pays a dividend. They can be considered a relatively risky investment, because they can potentially lose all of their valueLucknow Stock. However, they can also potentially increase in value over time.

When you buy a share of stock, you’re entitled to a small fraction of the assets of that company — even , if the company’s management chooses to pay them. The value of the stock is set by many people trading it in a free, open market, most often a . The price of a stock fluctuates according to supply and demand and many factors influence both.

Stocks have their pros and cons depending on what you’re looking for.

Voting rights. There are various types of shareholders of which some can have voting rights. As company owners, common stock holders often can vote on matters like corporate policy, or who serves on its board of directors. In contrast, preferred shareholders generally are not allowed to participate in voting.

Convenience. Stocks are often easy and inexpensive to trade.

Higher potential return. If a company meets or beats profit expectations, its stock may increase in price over time. This is more true for common stock than preferred stock.

Potential incomeUdabur Wealth Management. Some stocks, especially preferred stock, pay dividends which are subject to delay or elimination.

Price swings. Stock markets can be volatile and price swings can be frequent — which means your stocks could lose a substantial amount of value in a very short time.

Not guaranteed. Stocks are not guaranteed to return anything to an investor. So, while the possibility for attractive returns is greater than with other investments, so is the possibility of losing money.

Common stock and preferred stock

Common stock, as you might guess, is the most common type of stock companies issue. It has the potential to increase in value through company growth and profits and may pay out dividends to shareholders. This type of stock also may allow shareholders to vote on things such as a company’s board of directors.

Investing involves risk including the possible loss of principal. Stocks offer long-term growth potential, but may fluctuate more and provide less current income than other investments. An investment in the stock market should be made with an understanding of the risks associated with common stocks, including market fluctuationsBangalore Wealth Management. Dividends are not guaranteed and are subject to change or elimination.

Preferred stock can be considered the most traditional type of preferred security. Preferred stocks offer investors other features that common stocks do not. For example, if a company goes bankrupt or is dissolved, a preferred stock shareholder will have dibs on assets before common stock shareholders. Preferred stocks typically pay out fixed, regular dividends, but they generally don’t offer the growth potential of common stocks. They also generally don’t allow shareholders to participate in voting.

Terms can vary greatly among preferred stock, so it’s important to understand the features before you invest.

Preferred stock is a type of preferred security and there are special risks associated with investing in preferred securities. Preferred securities are generally subordinated to bonds or other debt instruments in an issuer’s capital structure, subjecting them to a greater risk of non-payment than more senior securities. In addition, the issue (or investment) may be callable, which may negatively impact the return of the security. Preferred dividends are not guaranteed and are subject to deferral or elimination.

A typical investing mistake is to concentrate a large percentage of your money in one stock or one type of stock. To help manage risk, many investors diversify — which means they spread their investment dollars strategically among different assets and asset categories. Here are three ways to diversify.

Surat Wealth Management

Kolkata Investment:All you need to know about corporate action for this week: Stock Split, Right Issue, Dividends and more

All you need to know about corporate action for this week: Stock Split, Right Issue, Dividends and more

Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (022) 24229920. Email ID: | Registered Address: 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001 | RKSV Commodities India Pvt. Ltd.: SEBI Registration No.: INZ000015837 | MCX TM Code: 46510 | CIN: U74900DL2009PTC189166 | Compliance Officer: Mr. Amit LalanKolkata Investment. Tel No.: (022) 24229920. Email ID: | Registered Address: 807, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001. Correspondence Address: 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (West), Mumbai – 400013Simla Investment. | For any complaints, email at and .

Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES include: Name, PAN, Address, Mobile Number, and E-mail ID. Benefits include effective communication and speedy redressal of grievances. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI, along with our Terms of Use and Privacy Policy.

Upstox Securities Private Limited is a wholly owned subsidiary of RKSV Securities India Private Limited and RKSV Commodities India Private Limited is an associate of RKSV Securities India Private Limited.

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing.

*Brokerage will not exceed the SEBI prescribed limit.

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.

On an average, loss makers registered net trading loss close to ₹ 50,000

Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.

Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Mutual Funds: Top rated funds do not constitute any advice. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.

These are not Exchange traded products, and the Member is just acting as distributor. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.

Attention Investors: As per NSE circular dated July 6, 2022, BSE circular dated July 6, 2022, MCX circular dated July 11, 2022 investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. Investors are further cautioned to avoid practices like:

a) Sharing i) trading credentials – login id ☩asswords including OTP’s., ii) trading strategies, iii) position details.

b) Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.

c) Writing/ selling options or trading in option strategies based on tips, without basic knowledge ☩nderstanding of the product and its risks

d) Dealing in unsolicited tips through like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.

e) Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.

Kindly, read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets : Advisory Guidelines For Investors

Kindly, read the advisory as prescribed by the Exchange with reference to their circular dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: KYC Updation

Attention Investors: Prevent unauthorised transactions in your Demat account by updating your mobile number with your depository participant. Receive alerts on your registered mobile number for debi

New Delhi Wealth Management