Volatility rules domestic, global stock markets; Is it time to be a Moneycontrol Pro?
To make the most of these troubled times and stay on top of the wealth creation game, it is important to have the power of knowledge. That’s exactly what you get with a Moneycontrol Pro subscription
These are volatile times in the markets, not only in India but around the globe. Take the case of the benchmark Nifty 50. It has plummeted from an all-time high of 12,430 to near 3-year lows of 8,600, a correction of 30 percent, in a matter of 40-odd trading sessions! The India Volatility Index (VIX) has jumped 600 percent in less than a month.
But every cloud has a silver lining. The correction in the markets provides opportunities for long-term wealth creation. And in a world, when sharp intraday movement in stocks and indices has become the norm, wisdom is gold dust. While it is all good to say that we should get wise from our own mistakes, the price paid should not be the lost opportunity of a lifetime.
To make the most of these troubled times and stay on top of the wealth creation game, it is important to have the power of knowledge. That’s exactly what you get with a Moneycontrol Pro subscription.
Moneycontrol Pro helps you stay on top always with perspective and actionable ideas on varying issues. Among other things you will find here, insights on big macro-economic development like a fiscal package, deep dives into the latest mutual fund trends, market gurus telling you how they made their first million, investment ideas for building a long term portfolio, short-term trading picks and much more.
With Moneycontrol Pro, you also earn the opportunity to attend conferences and events such as Traders Carnival, Pro Masters Series and many others conducted by the best voices in the industry.
And guess what – becoming a Pro is even more rewarding now! Click here to buy an annual subscription of Moneycontrol Pro at a discounted price of Rs. 399/- for the first year and stand a chance to win Rs 100,000/- and/or Amazon Vouchers worth Rs. 400/- each by participating in the Pro Contest. Use coupon: Pro2020 *
*Applicable on Web & Android only, iOS users can subscribe on Web and use App on their device.
Remember, the offer is for a limited period
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Axis Bank was the top gainer in the Sensex pack, rising around 2%, followed by Bajaj Finance, SBI, Reliance Industries, ONGC and UltraTech Cement
IndusInd Bank was the top loser in the Sensex pack, shedding around 3 per cent, followed by ICICI Bank, Axis Bank and Tech Mahindra
Even though the NSE, as well as the BSE, extended trading hours till 5 pm Wednesday, the overall volumes could not touch the usual averages