Trade Impulse

‼️Tata Mid Cap Growth Fund‼️ *Did you Know❓* A monthly SIP of Rs 1️⃣0️⃣0️⃣0️⃣0️⃣ Since 1st Jul 1994 ( 1st Installment Date ) in Tata Mid Cap Growth Fund has grown to Rs. *2,44,70,824* at 19.41% XIRR as on 31st July 2024. 💹SIP Return as of 31st July' 24 📈1 Year:- 59.95% 📈3 Year:- 36.59% 📈5 Year:- 32.66% Since Inception:- 19.41% 🔆Invested Amount: Rs 2️⃣4️⃣,4️⃣0️⃣,0️⃣0️⃣0️⃣ Lakhs 🔆Valuation as on 31st July 2024: *2️⃣.4️⃣5️⃣ Crores*

Much-awaited Bajaj Housing Finance IPO is just around the corner. Launching on 9 Sept. Stay tuned.

SEBI DETAILED STATEMENT TO HINDENBURG

Angel one introduces Refer & earn scheme for all customers Refer your friends, colleagues etc and get assured Rewards on every successful referral. Reward will be given within 7 Working Days after new account activation. For it, ask your friends/ colleagues to download Angel one mobile app in their mobile than click on sign up and than enter your client I’d means your trading code in referral code. Also you can share referral link to your friends and colleagues for it login to your Angel one mobile app, than go to Home —> Refer your friends & earn link —> here you find your invite code —> copy it—> and share it to your friend, colleagues and relatives and invite them to open an account. Make sure that the application should be completed through that link only, also intimate them to check referral code reflects or not in referral column, if referral code not reflects in referral code column than ask them to enter your invite code or client id in referral code column and than go ahead. So, refer more and earn more. To open an account through online link, the mobile number must be register in AAdhar card.

💥Entire world market downturn is related to the Japanese currency, Yen. Here's the sequence of events: Nothing to do with Israel - Iran war..💥 1. Two weeks ago, the Japanese Yen was trading at 165 Yen per 1 USD (i.e., 1 USD = 165 Yen). 2. For over 30 years, Japan has maintained zero interest rates (even on loans, there was zero interest). 3. Many organizations, funds, and hedge funds took advantage of this by borrowing large amounts from Japan and investing it in the US markets (double benefit of zero interest money and the dollar always appreciating against the Yen). 4. Additionally, since the investment was substantial, most hedge funds also shorted the Yen to hedge their positions (similar to selling call options for easier money). 5. Everything was going smoothly; people had been making free money for years, and this is why Japan is the largest investor in US markets due to its zero-interest money. 6. What changed? Last week, the JCB (Japan Central Bank, similar to RBI in India) decided to raise interest rates by 25 bps after almost 30+ years. And from here, everything changed. 7. Now, zero interest money is no longer zero interest, and there is an additional cost on all your existing loans. Hence, most of the funds that had taken this free interest loan and invested it in the US market started selling off everything to get the money and close the loan (because the US market was already overbought and now these loans no longer had zero interest) 8. Due to the increase in interest, the Yen started appreciating against the dollar, reaching 1 USD = 145 Yen (this was a significant increase in currency value in just 2 days). 9. Now, most of the people who had shorted the Yen (as mentioned in point 4) had to cover their positions because the Yen appreciated significantly in just 2 days. Their call options, which were in between, started moving wildly like the Sensex. 10. Now imagine you took a loan in Yen when 1 USD = 165 Yen and invested it in the US market. Suddenly, 1 USD = 145 Yen, so regardless of your returns, you have a direct cross-currency loss of 13%. (Assume you took a loan of 16,500 Yen which was equal to 100 USD, and now 16,500 Yen is equal to 113 USD. Even if there is no interest, you have a direct loss of 13% due to the Yen appreciating.) 11. In such a scenario, wouldn’t you sell everything to save yourself? What is the solution to this situation? The simple solution is that the US needs to lower its interest rates to counter this. If a mountain is formed somewhere, it has to be countered elsewhere. If the mountain is in Japan, the US will have to act. The Indian market suffered primarily due to heavy selling by Foreign Institutional Investors (FIIs) as a result of the panic in Japan and the US.

FM Smt Nirmala Sitharaman tables economic survey in Lok Sabha ahead of Union Budget to be presented tomorrow… F&O Taxation and LTCG On Stocks May Change. #MktExpectations #Reactions

#Budget2024 | FM @nsitharaman will present the Budget 2024 on July 23, 2024. There is anticipation that FM will introduce key #IncomeTax relief measures. Catch our LIVE updates on expectations here https://www.cnbctv18.com/personal-finance/income-tax-slabs-budget-2024-live-updates-new-rate-changes-announcements-insurance-credit-cards-ppf-nps-liveblog-19446060.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram