CAGR Insights is a weekly newsletter full of insights from around the world of web.
| Index | 05-Jan-24 | 29-Dec-23 | Change |
| Nifty 50 | 21,705 | 21,731 | -0.12% |
| Nifty 500 | 19,585 | 19,429 | 0.80% |
| Nifty Midcap 50 | 13,457 | 13,145 | 2.37% |
| Nifty Smallcap 100 | 15,435 | 15,144 | 1.92% |
Chart Ki Baat
Gyaan Ki Baat
Open interest is a frequently used term in the world of futures and options trading. In this market, the number of active contracts is in constant flux each day. Referring to the total number of open positions held by traders, open interest includes all outstanding options and futures contracts that are still active and have yet to be closed, expired, or exercised.
Instead of simply monitoring the overall number of trades, open interest plays a crucial role in keeping tabs on all active positions within a particular contract. This gives traders a more accurate understanding of the contract’s trading activity and level of interest, revealing whether there is a rise or decline in funds being invested in the contract.
Here’s the list of curated readings for you this week:
Personal Finance
- Unlocking Growth and Wisdom – The author argues that passive learning, characterized by broad exploration, curiosity-driven discovery, is often more valuable and conducive to personal and professional growth than rigid, active learning structures. Read here.
- Charlie Munger: A Mentor in the Art of Thoughtful Decision-Making – This article addresses the importance of recognizing biases, leveraging opportunities, and understanding human nature in decision-making. Read here.
Investing
- Special Trading Session on Jan. 20 – The national bourses will conduct two special live trading sessions on Jan. 20 as part of plans to switch over to a disaster recovery site. This decision aligns with the SEBI’s framework for a business continuity plan and disaster recovery site for stock exchanges. Read here.
- Indian Stock Market Rally: Fuelled by Broad-Based Earnings Growth or PE Expansion? – The resurgence in India’s corporate profits is propelling the stock market rally, with large-cap gains driven by earnings growth and mid-cap gains relying on PE expansion, prompting caution amid elevated valuations. Read here.
- Value chain of EV batteries – The video concentrates on the capex investment required for EV batteries and its components, it lists companies involved in the capex for developing the value chain. Watch here.
Economy
- Record Direct Tax Collections Signal Strong Fiscal Health for India in FY2024 – Net Direct Tax Collections for FY2024 have surpassed 75% of budgeted estimates, driven by a surge in Personal Income Tax filings, rising corporate profits, and efficient fiscal management. Read here.
- New Investment Announcements in India Remain Subdued – New investment announcements in India remain sluggish, with Q3 FY24 showing a slight uptick in power and service sector but still at low levels. Read here.
- RBI’s draft rules on Bond Forward in Government Securities – The rules signal a positive move, addressing the demand from Life Insurance companies and mitigating regulatory concerns by bringing these trades under formal regulation. Read here.
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That’s it from our side. Have a great weekend ahead!
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The content of this newsletter is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction. The content is distributed for informational purposes only and should not be construed as investment advice or a recommendation to sell or buy any security or other investment or undertake any investment strategy. There are no warranties, expressed or implied, as to the accuracy, completeness, or results obtained from any information outlined in this newsletter unless mentioned explicitly. The writer may have positions in and may, from time to time, make purchases or sales of the securities or other investments discussed or evaluated in this newsletter.