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DP ID, or Depository Participant Identification, is a unique 8-digit code assigned to a Depository Participant (DP) by the Depository. It is used to identify the DP in the demat account, which holds the investor's securities in an electronic form, allowing for easy and secure transfer of shares. Read the article to know more.
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India’s Current Account Deficit (CAD) has widened to a four-quarter high at 2.4% of GDP in the June Quarter from 1.9% in the previous quarter. The International Monetary Fund expects, India’s CAD to be at 2.6% of GDP in 2018-19. India witnessed a trade deficit of ?18.02 billion in June 2018 Quarter, highest since November 2014.
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The government recently approved investment proposals by UK retailer Tesco and telecom major Vodafone in India. There are also numerous reports of companies like Idea and HDFC Bank seeking shareholder approval to increase the foreign institutional investment or FII limit in their companies.
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A Demat account is a must-have for investors looking to trade in stocks, bonds, and other securities in India. Kotak Neo offers competitive fees for opening a Demat account, making it easier and more affordable for investors to get started. With a Kotak Neo Demat account, you can enjoy benefits such as easy tracking of your investments, secure online transactions, and simplified paperwork. Read the article to know more.
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Options are financial contracts that give buyers the option to purchase the underlying assets at a fixed price at a later date. However, there is no obligation to buy the asset. Options trading strategies put together several factors like underlying asset volatility, current market trends, risk indicators like options Greeks to curate an appropriate process for different market conditions.
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