SP Chandel - Stock Market News & Updates

Mukesh Ambani is No Longer Asia's Richest Man According to : -  entrepreneur.com India’s energy tycoon Mukesh Ambani has lost the Asia’s Richest Man title to Alibaba Group founder Jack Ma following a sharp fall in oil prices and the resultant global stocks. The Reliance Industries Chairman’s lost $5.8 billion (INR 42,700 crore) on 9 March, as reported by Bloomberg. With a net worth of $42.3 billion or INR 3.1 lakh crore, as on the day of filing this story, Ambani is placed on the 19 th  position on Bloomberg Billionaires Index, a daily ranking of the richest people, preceded by Ma with net worth of $45.7 billion. Amazon’s Jeff Bezos, Microsoft founder Bill Gates and CEO and chairman of Berkshire Hathaway Warren Buffett were the top three on the list with net worth of $117 billion, $107 billion and $79.8 billion, respectively. Apart from Ambani, Wipro’s Azim Premji (67), HCL founder and Chairman Shiv Nadar (84) and banking tycoon Uday Kotak (98) are the other...

Know what happens to crude oil, where does the effect of falling prices Crude oil is a commodity that carries the economy of many countries around the world. Its cheap and expensive has a direct impact on the life of the common man. Due to this, the economy of the country is also affected. It not only helps in the growth of GDP, but it is also a means of earning for some countries. Around 924 million barrels of crude oil are consumed daily worldwide. Among the countries consuming it, China, America, Japan and India have more shares. What is crude oil Crude oil, or crude oil, has an important role in driving the wheel of the global economy. The crude oil found naturally is called crude oil. Actually crude oil is a dark colored liquid. It is a type of dark hydrocarbon substance that is found in the world, inside the sea and on land. Its history is 300 million years old. A minimum of 20 gallons of gasoline is used to make one barrel of oil. Crude oil is...

Best stocks to buy for long-term and Tips Before knowing which stocks to buy for long term stocks , the first question is that first we should understand that we should only buy stocks from our own savings money. If you cannot do this then do not enter the stock market. Now there is no stock purchase or sale video game, for this you need to analyze and research thoroughly. In order to choose the right share, we must gather the right information of the fundamental, technical and risk management analysis of that company. The good thing is that even the common man can learn it New investors should have an agenda through which they can buy and sell their products such as brokers, consultants, X, Y and Z. So we should learn how to work in the market and ask questions. Have hope and confidence in the portfolio. Buy stocks of good companies and give them time, they will give you multibagger returns in the long term . The higher the holdi...

Fall in gold market Gold fell due to strengthening of rupee, the price decreased by Rs 232 to Rs 38,486 / 10g Silver was marginally down by Rs. 7 to Rs. 45,189 per kg. gold fell by Rs 232 to Rs 38,486 per 10 grams in the Delhi bullion market due to the strengthening of the rupee against the dollar. HDFC Securities gave information about this. On Thursday, gold had closed at Rs 38,718 per 10 grams. HDFC Securities Senior Analyst (Commodities) Tapan Patel said that the 24-carat purity gold fell by Rs 232 in Delhi. This is due to the decline internationally. The strong rupee has put additional pressure on gold prices. The rupee was trading 15 paise stronger during trading. The rupee gained 33 paise in early trade on Friday. Silver was marginally down by Rs. 7 to Rs. 45,189 per kg. At the international level, both gold and silver gained marginally. Gold stood at $ 1,470 an ounce and silver at $ 16.93 an ounce. SP Chandel  is Strong Hold In Providin...

10 things to know before the opening bell on November 29 Indian offers are relied upon to open level to-negative on Friday as SGX Nifty, a pointer of the opening for the Nifty, was exchanging 5 lower at 12,181, alluding to a level or somewhat lower start for the local market. The Q2 GDP development numbers will be declared today. According to the CNBC-TV18 survey, it is anticipated that Q2 GDP development will come in at 4.64 percent, down from 5 percent in the Q1FY20 and 7 percent from a similar quarter a year prior. 1. Asia: Stocks in Asia were blended in Friday morning exchange as speculators keep on looking for advancements on U.S.- China exchange following an ongoing acceleration pressures over Hong Kong. Japan's Nikkei 225 rose 0.24% in early exchange, the Topix likewise progressed 0.11 percent. South Korea's Kospi, then again, slipped 0.1 percent. Then, shares in Australia edged higher in morning exchange, with the S&P/ASX 200 up around 0.3 percent. 2...