Young investors have shown an affinity towards investment FinTechs, says Akshar Shah of Fixed

Akshar Shah talks about why one should first note down the investment goals he/she wants to achieve, and then chalk out the time he has for each goal.

Portfolio of fifteen Small and Mid Cap stocks with high price momentum (monthly, and annual returns), liquidity(Over 5 lakh shares traded in a day) , and volatility within a pre-determined threshold.

Portfolio of fifteen Large and Mid Cap stocks that show stable price movmement, and have good liquidity (Over 5 lakh shares traded in a day).

Weekend Wrap: From Hindustan Aeronautics to Adani Power; Top news and market movers this week: 9 June 2023

From top newsmakers to market performance, here's the market wrap for the week ended 9 June 2023.

India 10-year yield posts biggest weekly jump in 4 months on hawkish RBI tone

<ul><li>The 10-year benchmark 7.26% 2033 bond yield ended at 7.0356%, highest since May 10 and after closing at 7.0224% in the previous session. It rose five basis points this week, the biggest such move since the week ended February 10.</li></ul>

Forex reserves jump USD 5.9 billion to USD 595 billion

<ul><li>For the week ended June 2, the foreign currency assets, a major component of the reserves, increased by USD 5.27 billion to USD 526.201 billion, according to the Weekly Statistical Supplement released by the RBI on Friday.</li></ul>

Rupee rises 4 paise to close at 82.47 against US dollar

<ul><li>At the interbank foreign exchange, the domestic unit opened at 82.49 against the dollar and finally settled at 82.47 (provisional), up 4 paise from its previous close.</li></ul>

Gold jumps ₹440, silver rallies ₹1,050; check rates here

<ul><li>In the overseas markets, both gold and silver were trading higher at USD 1,964 per ounce and USD 24.35 per ounce, respectively.</li></ul>

Market Wrap: Sensex, Nifty slip for 2nd day; FMCG, IT stocks drag

Stocks

<ul><li>The 30-share BSE Sensex fell 223.01 points or 0.35 per cent to settle at 62,625.63. During the day, it declined 253.9 points or 0.40 per cent to 62,594.74. The NSE Nifty went lower by 71.15 points or 0.38 per cent to end at 18,563.40.</li></ul>

Zomato crosses its IPO price: A list of new-age stocks trading below their issue price

CarTrade Tech's stock is down 66.66% from its issue price despite a recent surge. Similarly, Paytm's shares have rebounded, yet they trade 63% lower compared to the IPO price. PB Fintech and Delhivery also remain below their IPO prices.

Nifty IT vs Nifty Auto: Which sector has better long-term growth opportunities?

Nifty Auto has given positive returns in 4 of the 6 months in the calendar year 2023 so far while Nifty IT has given positive returns in just 2.

Tata Motors: Up 785% from COVID low, this auto stock is MOSL's top investment idea for June; here's why

Brokerage house Motilal Oswal has picked Tata Motors as the top investment idea this month. The brokerage has a ‘buy’ call on the stock with a target of ₹650, indicating an upside of 15 percent.

At 9-month high! Paytm shares jump 14% in 3 sessions as brokerages turn positive

Paytm rose as much as 4.7 percent in intraday deals on Friday to its day's high of ₹809.45. It touched ₹800-mark for the first time since August 2022. Meanwhile, in 3 sessions (including today), the stock has advanced 14 percent.

CarTrade Tech zooms over 29% in just six sessions, hits 4-month high; here's why

CarTrade Tech operates an automotive digital ecosystem that connects automobile customers with automotive manufacturers (OEMs), dealers, banks, insurance companies, and other stakeholders.

Bank of Maharashtra shares drop 7% after lender raises ₹1,000 crore in QIP

Bank of Maharashtra's shares dropped 7.2% after the lender successfully raised ₹1,000 crore through a QIP. The bank's shares opened at ₹30 and reached an intraday low of ₹28.15.

Rupee rises 5 paise to 82.46 against US dollar

<ul><li>At the interbank foreign exchange, the domestic unit opened strong at 82.49 and touched the highest level of 82.45.</li></ul>

Markets rally in early trade; Tata Motors, Bharti Airtel among major gainers

The 30-share BSE Sensex climbed 135.43 points to 62,984.07 in early trade. The NSE Nifty advanced 42.1 points to 18,676.65.

Gold prices set for weekly rise on Fed rate pause expectations

Spot gold was down 0.2% to $1,964.79 per ounce by 0304 GMT, but headed for a 0.9% weekly rise. U.S. gold futures held steady at $1,979.80.

Oil prices headed for second straight weekly loss on demand fears

Brent crude futures dropped 35 cents, or 0.5%, to $75.61 a barrel by 0304 GMT, while the U.S. West Texas Intermediate crude futures eased 35 cents, or 0.5%, to $70.94.

Stocks To Watch: Biocon, Tata Power, Kotak Mahindra Bank are stocks in news today

India's NSE stock futures listed on the Singapore exchange were up 0.20% at 18,758.50, as of 8:01 a.m.

Before Market Opens: 9 things to know at 9 am on June 9, 2023

Indian markets are likely to open in higher on Friday following gains in global peers on optimism the US Fed may pause its rate hikes later this month. SGX Nifty was also trading 36 points higher, indicating a positive start. Let's take a look at some key market cues before the market opens today:

Kirloskar Pneumatic: Up over 480% in 3 years, Monarch Networth sees another 28% upside – key reasons

Kirloskar Pneumatic is a leading manufacturer of air compressors, pneumatic tools, transmission systems, and roadrailers based in India. The company is part of the Kirloskar Group, a renowned industrial conglomerate.

Sebi allows mutual funds to invest in repo transactions on commercial papers, certificate of deposits

<ul><li>In repo transactions, also known as a repo or sale repurchase agreement, securities are sold with the seller agreeing to buy them back at a later date. The instrument is used for raising short-term capital.</li></ul>