Finatic By Drishti Khemani

Source: LIC DRHP
Here is the market share of Life Insurance companies in India as of FY 21 based on the premium collected in FY 21.
As you can see, LIC has the highest market share in Life Insurance as on FY 21.
The LIC IPO is about to open soon, will you subscribe to it? Learnt something new? Follow Finatic for more!

Here are some highlights from the Union Budget 2022-23.

Note, this is just a summarised version of the budget and there is a detailed document released by the Government about different sectors that may have not been covered here. You can read that document for more detailed information.

If you liked this post, do like, share, comment & save it! Thank you!

🪔 Did you know that you could buy and sell shares on Diwali even when the markets are closed today?
🪔 Well, thanks to Muhurat Trading, the markets will be open for an hour today, on 4th November 2021.
🪔Diwali is considered to be an auspicious day to trade and thereby generate wealth and prosperity throughout the year.
🪔This tradition is being followed since 64 years on the Bombay Stock Exchange and 29 years on the National Stock Exchange.
🪔Will you be buying shares today? Let us know in the comments!

Ever wondered what the difference between a trader and investor is? Well, here is the difference
-Investing is a long term approach.
-Trading is a short term approach.
-Investors follow a buy and hold strategy.
-Traders follow a buy and sell strategy.
It is possible for a person to be an investor and a trader both!!

Ever heard people saying I’m a trader, not an investor and wondered what they meant? Well, you’ve come to the right place. Here is the difference between trading and investing
- Trading is more of a short term approach
- Investing is a long term approach
- Investors generally follow a buy and hold strategy
- Traders generally follow a buy and sell strategy
It is totally possible for someone to be a trader as well as an investor!!

Nifty? S&P 500? Confused about what these terms mean? Well, here is a simplified explanation about stock indices. These indices are an average of all the companies listed on that particular index, they help us to measure the AVERAGE PERFORMANCE of the stocks in that Index, and also GUIDE us about the PERFORMANCE of the COUNTRY. For example, the NIFTY Bank gives us an idea of the performance of the Top 12 private banks in India.

FINATIC -
A place where finance is made fun, where the basics of , , , , , and so much more are explained in simple words and pictures thereby making it accessible to everyone and not just the people in the financial field. Decoding finance, busting financial myths, and making finance totally jargon free are some of the goals this page aims to achieve. For any questions, suggestions, posts you’d like to see, feel free to DM us or email us at [email protected]