Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
1. Market Outlook
India Research
September 30, 2010
Dealer’s Diary Domestic Indices Chg (%) (Pts) (Close)
The markets opened on an upbeat note, as domestic bourses witnessed a gap BSE Sensex -0.7% (148.5) 19,956
up opening due to strength in the Asian bourses. The key benchmark indices, Nifty -0.6% (38.2) 5,991
after opening the session on a strong note, slipped into the negative zone in MID CAP -0.7% (54.4) 8,104
mid-morning trade and continued to trade below the baseline in early SMALL CAP -0.5% (49.3) 10,235
afternoon trade even though European stocks edged higher in early trade. BSE HC 0.0% 1.4 6,001
Losses extended in mid-afternoon trade with European stocks reversing initial BSE PSU -0.9% (95.8) 10,332
gains. Investors sold metal, realty, consumer durables and FMCG stocks. The BANKEX -0.3% (38.7) 13,919
Sensex and Nifty closed with losses of 0.7% and 0.6%, respectively. BSE mid- AUTO 0.1% 7.8 9,577
cap and small-cap indices lost 0.7% and 0.5%, respectively. Among the front
METAL -1.9% (327.1) 16,727
liners, Tata Motors, Infosys, Hero Honda, Tata Steel and SBI gained 0–3%,
OIL & GAS -0.8% (86.7) 10,570
while Sterlite Ind., ITC, Bharti Airtel, Maruti Suzuki and ONGC lost 2–9%.
BSE IT 0.2% 14.3 5,932
Among mid caps, Karnataka Bank, Kwality Dairy, Alstom Projects, Eicher Motors
Global Indices Chg (%) (Pts) (Close)
and Apollo Hospital gained 3–5%, while Sigrun Holdins, Shriram City Union
Finance, IVRCL Infra, India Bulls Power and Gammon India lost 3–5%. Dow Jones -0.2% (22.9) 10,835
NASDAQ -0.1% (3.0) 2,377
Markets Today FTSE -0.2% 9.2 5,569
The trend deciding level for the day is 20038 / 6014 levels. If NIFTY trades Nikkei 0.7% 63.6 9,559
above this level during the first half-an-hour of trade then we may witness a Hang Seng 1.2% 268.7 22,379
further rally up to 20153 – 20349 / 6049 – 6106 levels. However, if NIFTY Straits Times 0.3% 8.7 3,106
trades below 20038 / 6014 levels for the first half-an-hour of trade then it may Shanghai Com 0.0% (0.7) 2,611
correct up to 19842 – 19727 / 5957 – 5922 levels.
Indian ADRs Chg (%) (Pts) (Close)
Indices S2 S1 R1 R2 Infosys -0.2% (0.1) $67.1
SENSEX 19,727 19,842 20,153 20,349 Wipro 1.2% 0.2 $14.7
NIFTY 5,922 5,957 6,049 6,106 Satyam -10.1% (0.5) $4.1
ICICI Bank -0.7% (0.3) $49.2
News Analysis HDFC Bank 1.0% 1.8 $182.8
AREVA T&D India secures Rs150cr contract
TCS wins a contract from AGL
Advances / Declines BSE NSE
Mahindra Satyam announces its reinstated numbers
Shoppers Stop raises Rs130cr via QIP Advances 1,121 406
Refer detailed news analysis on the following page. Declines 1,887 952
Unchanged 83 43
Net Inflows (September 28, 2010)
Rs cr Purch Sales Net MTD YTD
FII 3,541 2,647 895 24,440 83,566 Volumes (Rs cr)
MFs 467 1,035 (568) (5,606) (21,399) BSE 4,719
NSE 15,532
FII Derivatives (September 29, 2010)
Open
Rs cr Purch Sales Net
Interest
Index Futures 6,667 7,085 (418) 21,569
Stock Futures 8,324 8,991 (667) 42,730
Gainers / Losers
Gainers Losers
Price chg Price chg
Company Company
(Rs) (%) (Rs) (%)
GSK Pharma 2,244 4.2 Sterlite Ind. 162 (8.5)
Apollo Hospital 450 3.8 IVRCL Infra 164 (3.9)
Lanco Infra. 72 3.0 IB Power 29 (3.7)
Godrej Cons. 408 2.9 Hind Zinc 1,091 (3.4)
1
Bajaj Auto 1,489 2.7 IOC 431 (3.4)
Please refer to important disclosures at the end of this report Sebi Registration No: INB 010996539
2. Market Outlook | India Research
AREVA T&D India secures Rs150cr contract
AREVA T&D secured orders worth Rs150cr from Indiabulls for its upcoming power projects
at Nandgaonpeth, Amravati District (5x270 MW) and Sinnar, Nasik district (5x270 MW).
Under the contract, AREVA T&D India will supply a power transformer package with
5x330MVA, 400kV generator transformers; 2x63MVA, 400kV station transformers; and
10x20MVA unit transformers, including supervision of erection, testing and commissioning.
The equipments are expected to be delivered by the second half of CY2012. We maintain
our Sell rating on the stock.
TCS wins a contract from Australia based energy company AGL
AGL Energy Ltd. (AGL), Australia’s leading renewal energy company, has signed a five-
year infrastructure management contract worth more than AU $50mn with TCS. AGL is an
existing client of TCS, with 650 resources dedicated to deliver services related to
consulting, implementation, assurance, outsourcing and support. With managed services
also extended to TCS, it has now become a full-service provider for AGL. Though the
contract is small, it envisages TCS’s focus on emerging geographies as well as growth
verticals like energy and utilities. We remain positive on TCS. However, on account of rich
valuations, we recommend Neutral to the stock.
Mahindra Satyam announces its reinstated numbers
Mahindra Satyam reported its FY2009 and FY2010 numbers, which underperformed the
market’s expectations. The company reported revenue of US $1.1bn for FY2010, which
was in line with our estimates. The company’s revenue slumped by 38%, whereas the
headcount went down by 40% (yoy) to 27,000 from 45,000. Also, the company lost 194
clients with majority of them in the BFSI space; however, the company managed to add 44
clients in FY2010 v/s FY2009. The stock has rallied by more than 23% in the past month in
anticipation of revenue run rate of over US $1.2bn and EBITDA margins of 15–18%. The
stock is currently trading at 16.4x FY2012E EPS of Rs6.2, which is on a higher side. When
we value TechMahindra on a standalone basis at 12x FY2012E EPS of Rs53.2 and add
value of stake in Satyam with holding discount of 23% to its current market cap
(discounting back the over-optimism), TechMahindra still looks attractive on risk-reward
basis. Hence, we recommend a switch from Mahindra Satyam to TechMahindra.
Shoppers Stop raises Rs130cr via QIP
Shoppers Stop (SSL) has raised Rs130cr by selling shares to large institutional investors
through a qualified institutional placement (QIP). The company sold 20lakh shares in the
QIP at an average price of Rs649 per share. The funds would be used for expansion of the
group’s Shoppers Stop and Hypercity stores. SSL plans to add 8–12 stores under the
Shoppers Stop banner and 3–5 stores under the Hypercity banner in FY2011. We expect
the move to be positive from the company’s growth perspective. However, considering the
recent run up in the share price, we maintain our Neutral rating on SSL.
September 30, 2010 2
3. Market Outlook | India Research
Economic and Political News
Core infrastructure industries grow by 3.7% in August
IRDA stops insurers from providing credit default insurance
CAG may get to audit private telco’s books
Corporate News
Power Grid's Rs8,600cr FPO to hit the market in November
Punj Lloyd's Group Co. enters into partnering pact with Nuvia India
Reliance Capital picks up 4.98% stake in Trinethra Infra
Lupin acquires majority stake in Australian firm
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint
Event for the day
Centrum Capital Results
September 30, 2010 3
4. Market Outlook | India Research
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