Today, online trading has almost replaced your physical stock market interface. Trading accounts are now a need for investing in stock markets successfully as it secures and expedites the entire share trading procedure. What is a Trading Account? Any investment account that holds securities, money, or other assets qualifies as a trading account. A trading account refers to a day trader's main account. Traders' accounts are subject to particular regulation because of their propensity to frequently acquire and sell assets, usually during the same trading session. Assets stored in a trading acco ..read more

On June 4th, 2019, Dewan Housing Finance Limited was supposed to pay interest on NCD it had issued. DHFL defaulted on its payment obligation and the impact of it was seen on Mutual Fund NAVs. So, how concerned should we be about this? Allow us to give you some numbers. On June 5th, 2019, CARE ratings downgraded DHFL Debt worth 1 Lakh Crore to default. Yes, you read that right! 1 Lakh Crore! This includes all Non-Convertible Debentures and Fixed deposit program of DHFL. In addition to that, ICRA and CRISIL downgraded DHFL’s Commercial Paper rating to default which was worth 850 Crore! (For ea ..read more

The BSE Sensex with its iconic buildings completed 40 years of existence on April 1, 2019, and what a roller coaster ride has it been! HISTORY OF BULLS & BEARS Celebrating Ruby Anniversary, this Maker / Breaker of destinies was the first Sensex to be recognized by the Indian Government under the Securities Regulation Act, allowing for official operations. History of the Sensex dates farther back however, when a bunch of stockbrokers would meet under Banyan trees circa 1855 to conduct business. This makes it the oldest stock exchange in Asia. The Sensex’s interesting history is further acc ..read more

Are you considering investing in mutual funds? Then this is essential for you to know! Mutual fund categories are designed to help investors to choose a scheme based on the level of risk they are ready to take, the amount of money they can invest, their goals, the investment period, and so on. So here are different categories of mutual fund schemes by SEBI for you. EQUITY FUND Multi-cap Fund- An open-ended equity scheme that invests in large-cap, mid-cap, and small-cap stocks. With various investing styles, these funds ensure the best possible diversification. They are required to invest a ..read more

Introduction To trade in the capital market, you might need to do it through an authorised person, a professional who can guide you through the equity market. To facilitate the overall investment procedure, authorised person serves as the point of contact for investors and stockbrokers. To assist you to maximize your profit, they match your investing needs with the greatest deals that are currently offered. Authorised individuals play a significant role in the stock market and have a few key responsibilities. Who is an Authorised Person? A person, permitted by a stock broker, to act as their ..read more

9th Aug'22 Hey there! This time it took a little longer than usual to update you on the Product updates, as we were working on quite a few big features for you ?? Fundamentally Strong Recommendations! ??? Research calls recommendations being one of our USPs,  Fundamental recommendations are now available on our Platform too. Check out Fundamentally Strong Stocks to invest in for the long term which is recommended by our Fundamental Research Experts. You can find this on the Jiffy website under Research Tab. Trading View Charts? Finally!! It took some time but is finally here. We have ..read more

The idea of researching stocks, thinking about how, when & which stocks to invest in are always haunting isn't it? The thought of creating a portfolio with individual stocks is even tougher. That's why we got you ‘BASKETS’. Basket allows you to invest in top stocks across multiple sectors that have been curated by experts for a long-term view. These baskets are carefully researched as per your investment needs. Further, the stocks are segregated as per the weightage, i.e. each stock has a percentage allocation to the basket. How would BASKETS benefit your investments? Match your long-ter ..read more

With the rise in trading frauds, several traders complained about fraudulent trading in their accounts. After the proceedings, Mumbai Police Cyber Arm Broke the story on 19th July, 2022 regarding the scams that are happening over the past few months. According to a tweet from the Mumbai Police, the North Region Cyber Police Station captured four men on charges of involvement in fraudulent activities. A lawsuit was filed where a retired government employee's portfolio worth Rs 1.46 crore was conned with the exchange of a single OTP. It was then discovered that the hackers called from the web-b ..read more

In this article, we will talk about brokerage charges and understand how brokerage charges are calculated for different types of accounts and orders. The article will also discuss the structure of brokerage charges and how you can calculate your charges. We will also touch on useful tips to keep in mind. What are Brokerage Charges? First of all, we need to look at a brokerage fee. Brokerage firms collect a percentage of the total equity delivery amount from stock traders as a brokerage fee. These brokerage fees can range from 0.05% for intraday and futures and options trading to 0.1% on norma ..read more

What is Master Slave Replication ? The MySQL replication process allows us to maintain multiple copies of MySQL data. So our Data Leakage and Loss issue will get resolved here. All data in the master server is synced to Slave servers in an automated process and we can easily promote Slave to a Master for commit operations. The main role of replication is to spread read and write workloads across multiple servers for easy scalability and also we can use it for Real time Data backup purpose. Why we have implemented Master Slave Replication ? Previously we had a single master database for LMS ..read more