![Indian Rupee Hits Record Low: A Historic Dip [2024]](https://ourwealthinsights.com/wp-content/uploads/2024/11/Indian-Rupee-Hits-Record-Low-Thumbnail-768x436.png)
In November’2024, the Indian Rupee has plummeted to a record low against the US Dollar. It marks a significant moment for India’s economy. On November 7, 2024, the rupee was valued at an unprecedented 84.29 against one dollar. It reflects a confluence of domestic and global economic situation prevailing around us. This depreciation is not…
When we think of building wealth, the first image that often comes to mind is a rising bank balance or a growing investment portfolio. But true wealth-building goes far beyond the numbers. It’s a gradual, transformative journey that shows up in daily actions, smart habits, and subtle shifts in mindset. Contrary to what we think,…
Swiggy, one of India’s leading food delivery and quick-commerce platforms. The company is set to make its stock market debut with an Initial Public Offering (IPO). Swiggy was founded in 2013, Swiggy has evolved from a food delivery service into a multi-service platform. These days, the company does Instamart for groceries and Genie for on-demand…
The US presidential election has always had a ripple effect on global markets. This year’s election between Kamala Harris and Donald Trump is no exception. For investors in the Indian stock market, understanding these impacts can be crucial for strategy adjustments. Here’s how the two possible outcomes of the US election might affect the Indian…
The sector of renewable energy in India is ever-evolving. Within this sector, one company (stock) that stands out is IREDA (Indian Renewable Energy Development Agency Limited). The company is not only contributing to its sector for is also known for its dynamic performance in the stock market (Up by 3.38x since its IPO listing in…
On October 25, 2024, investors of IndusInd Bank witnessed an unexpected market event. The bank’s share price crashed by ~18%. This significant drop left many analysts and investors scrambling to understand the underlying causes. Here’s a detailed look into the critical data from IndusInd Bank’s financial results that likely contributed to this sharp decline: 1….
In a strategic move that has caught the attention of investors, Hindustan Unilever Limited (HUL) has announced the decision to demerge its ice cream business. In this blog post, I’ll try explores the implications of this decision for long-term shareholders and potential investors in HUL. By the way, I’ve been awaiting for this decisions since…
Ambuja Cements, under the expansive umbrella of the Adani Group, has announced the acquisition of Orient Cement. This acquisition is done for a sum of Rs 8,100 crore. It is not just a financial transaction but is seen as a strategic to boost Ambuja Cements’ market presence and capacity enhancement across India. Orient Cement will…
The Indian stock market has experienced significant volatility and downturns due to a confluence of several global and domestic factors. In this blog post, I’ll try to cover various reasons that are kind of collectively contributing the recent fall in the Indian market. Suggested Reading: Signals of a stock market crash. Reason #1 Global Economic…
October 22, 2024, marks a historic day for the Indian stock market, as Hyundai Motor India Limited (HMIL) makes its debut on both NSE and BSE. This IPO represents a significant milestone not just for Hyundai but for the Indian capital market as well. Here’s a deeper look into the significance of this event and…
The financial markets are always abuzz with activity. For those with an eye on India’s banking sector, RBL Bank has been a focal point of discussion. It has become especially relevant today as its share price touched lower circuit. Here’s an insightful look into what’s been happening with RBL Bank’s share price as of late…
Long-term investing in stocks is one of the most effective strategy for building wealth over time. Long-term investing in stocks allows investors to capitalize on the growth of fundamentally strong businesses. Over time, companies reinvest their profits to grow their revenue and improve their margins. This continual activity time after time yields exponential growth for…
