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Showing posts from January, 2020

NRE & NRO Demat Account Opening Process

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Open Demat Account Online Accounts that are to be opened 01. NRI savings account (With XXX Bank ) 02. NRI PIS / NON – PIS account (With XXX Bank ) 03. Trade account (With�  Tradeplus) 04. Demat account (With Tradeplus ) Account Opening process: 1)�  To obtain PAN card:�  PAN card is a mandatory document to open share trade and demat account .No worries if you don’t have it already, we can assist you to obtain PAN in India. Time Frame to obtain PAN – Maximum 15 days. PAN Card processing Fees – Rs.2500/- 2)�  To open Bank Account:  We are associated with HDFC Bank, Axis Bank, and Yes Bank to open NRI Bank Accounts. Time Frame to open a bank account – Maximum 15 days Minimum balance to maintain – 10000 INR Trading & Demat Account opening with us  – We activate your Trading and Demat account with us in 5 working days from the time of receiving Bank account opening confirmation. Trading  Account Opening Fees Foreign National Account: Rs. 10000 |

Experts talk about slowdown, but market keeps rising! What should you do?

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Stock Marketing  It is hard to define a slowdown but the macroeconomic definition is that 2 quarters of continuous fall in growth or four out of six months of fall in growth is defined as a slowdown. The paradox today is that the growth has been on a consistent downtrend over the last six quarters. In addition, high-frequency indicators like IIP growth and core sector growth have been in the negative zone for 3 months in succession. However, in the midst of this economic weakness, the  Nifty  and the  Sensex  have been hitting new highs. What explains this paradox and what should investors do? Let us take a look at the GDP numbers first. GDP touches 4.5% in the September quarter (Data Source: MOSPI) Since the middle of 2018, the GDP growth has almost halved. The growth rate has fallen steadily due to a mix of weak consumption and limited private investment. The tax cuts have been instrumental in making Indian companies more profitable but then top-line growth is still under p

Trading Holidays 2020 – NSE, BSE, MCX

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Dear Clients, The  trading holidays  for the new year 2020 has been announced. Check the list of all Exchange Trading Holidays. NAVIA MARKETS LTD LIST OF HOLIDAYS FOR THE CALENDAR YEAR 2020 Sr. No. Date Day Description 1 02/21/20 Friday Mahashivratri 2 03/10/20 Tuesday Holi 3 April 02,2020 Thursday Ram Navami 4 April 06,2020 Monday Mahavir Jayanti 5 04/10/20 Friday Good Friday 6 April 14,2020 Tuesday Dr.Baba Saheb Ambedkar Jayanti / Tamil New Year 7 May 01,2020 Friday Maharashtra Day / May Day 8 05/25/20 Monday Id-Ul-Fitr (Ramzan ID) 9 10/02/20 Friday Mahatma Gandhi Jayanti 10 11/16/20 Monday Diwali-Balipratipada 11 11/30/20 Monday Gurunanak Jayanti 12 12/25/20 Friday Christmas First Session of Trading for MCX available between 10.00 a.m. 5.00 p.m. And second Session declared a holiday Sr. No. Date Day Description 1 01/01/20 Wednesday New Year Day Second Session of Trading for MCX available on the Trading Holidays between 5.00 p.m. To 11.30 / 11.55 p.m Sr