Today’s gold price: The range-bound yellow metal’s losses extend to Rs 1,200/10 grams in 2024. What actions should traders take? Gold prices were trading in a narrow range early Wednesday, despite a steady dollar index (DXY). Meanwhile, investors are waiting for the US inflation report, which is due later this week. MCX February gold futures…
What is an IPO (Initial Public Offer)? An Initial Public Offering (IPO) is a financial event in which a private company for the first time makes its shares available for public purchase and trading on a stock exchange. An IPO transforms a company from a privately held entity with ownership typically limited to a small…
What is Crypto ETF? A crypto ETF is a type of exchange-traded fund that gives investors exposure to cryptocurrency and digital assets by allowing them to buy and sell shares on traditional stock exchanges. Crypto ETFs are designed to track the performance of one or more cryptocurrencies or to provide exposure to related technologies, allowing…
What is Cryptocurrency? Cryptocurrency is a kind of digital or virtual money that uses cryptographic methods to control the creation of new units, ensure asset transfers are verified, and secure financial transactions. Cryptocurrencies function on decentralized networks based on blockchain technology, a distributed ledger that logs every transaction made over a network of computers, in…
What is share market or Stock Market? The share market or stock market is a financial market in which investors can buy and sell publicly traded company shares. It acts as a platform for businesses to raise capital by issuing stocks and for investors to purchase ownership stakes in those businesses. Stock prices fluctuate in…
What are mutual funds? A mutual fund is a type of investment vehicle that combines the capital of several investors to buy a variety of stocks, bonds, and other securities. Expert fund managers oversee the fund and choose investments on behalf of the investors. A mutual fund’s objective is to expose investors to a wide…
