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Why you should BUY your house ASAP
The age-old debate of whether to rent or buy in real estate continues . . .
15 May 2024 · Wednesday
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Today’s Daily Byte
In today’s breaking news, SEBI has instructed exchanges to halt trading of Brightcom Group. The stock, which surged from a few rupees to nearly Rs120, has now plummeted back to Rs10, triggering lower circuits daily. This highlights the typical market phenomenon where stocks experience rapid ascents, followed by sharp declines, known as the Namaste pattern. . . .
Nifty traded above the three-day high this morning, briefly, before retracting some gains. However, it closed very close to yesterday’s level. This consolidation over three days is not necessarily a negative development.
However, if we start to decline and fall below . . . .
Reading Time : 5 Minutes
Why you should BUY your house ASAP
The age-old debate of whether to rent or buy in real estate continues to baffle many. But recent statistics shed light on a compelling argument, especially for those hesitant to invest in property. Despite your stance on real estate as an investment, owning your primary residence may hold significant advantages.
A recent report from the US reveals a startling trend: rents have surged 1.5 times faster than wages over the past four years. This phenomenon isn’t unique to the US; it’s a global occurrence that has persisted for decades.. . . . .
Reading Time : 2 Minutes
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FII don’t call the shots anymore
One fascinating trend observed in the financial markets, highlighted by amcharts and shared by Piyush Chaudhary, is the contrasting behaviors of Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs).
Over the years, their trading activities have consistently been in opposition, providing a crucial counterweight to market movements.. . . . .
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