Bharat Bond ETF-Series II: A Safe option, but should you invest?

The second tranche of the Bharat Bond ETF (exchange traded fund), managed by Edelweiss mutual fund, will be up for subscription from July 14. Just like the first tranche of December 2019, the second offer will come in two variants: a 10-year ETF that will mature in April 2030 and a five-year product that will mature in 2025. What is this bond about? The Bharat Bond ETF is India’s first to corporate debt ETF. Companies approach the firm managing the bond ETF with their borrowing requirements. The bond ETF raises…

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PM Modi announces launch of Aatmanirbhar Bharat App Innovation Challenge, invites startups, tech community to participate !!

New Delhi: Prime Minister Narendra Modi on July 4 announced that the  launch of a challenge to facilitate members of the Indian tech and startup community in creating world-class ‘Made in India’ apps. “To help our start-up and tech community achieve this objective, Ministry of Electronics & Information Technology along with Atal Innovation Mission are coming up with the Aatmanirbhar Bharat Innovation challenge. This shall run in two tracks: Promotion of Existing Apps and Development of New Apps.” The challenge aims to promote those who may have the  such a working product or if feel they have the…

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Hot Stocks Nifty may retrace to 10,300; buy these 3 stocks for double-digit returns !!

Nifty gave a surprising for move by climbing ‘the wall of worry’ i.e. 61.8% retracement levels of the entire fall of March and has managed to give the highest weekly closing of the last 16 weeks. Meanwhile, weekly Heikin Ashi candle continued as a bullish flat bottom pattern and formed a higher high and higher low pattern, clearly suggesting that bulls are in domination and prices are ready to soar further. Daily RSI is sustaining above its 9 SMA also adding strength to the current ongoing movement. The key target…

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