<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[Groww Digest - Daily]]></title><description><![CDATA[Groww Digest - Daily]]></description><link>https://groww.in/digest/daily</link><image><url>https://groww.in/favicon-32x32-groww.ico</url><title>Groww Digest - Daily</title><link>https://groww.in/digest/daily</link></image><generator>RSS for Node</generator><lastBuildDate>Tue, 22 Apr 2025 09:08:13 GMT</lastBuildDate><atom:link href="https://rsstree.netlify.app/.netlify/functions/rss-groww" rel="self" type="application/rss+xml"/><item><title><![CDATA[Infrastructure output up 3.8%, Muthoot Finance Rs 26 dividend, & more]]></title><description><![CDATA[<p><span style="color: #44475b; font-size: 12pt;"><span style="font-size: 12pt;"><span style="color: #993300;"><img class="CToWUd" style="display: block; margin-left: auto; margin-right: auto;" src="https://cms-resources.groww.in/uploads/New_Nifty_Graph_2025_04_21_T192105_071_f0d515a3ed.png" alt="" width="100%" height="100%" /></span></span></span></p>
<p><span style="color: #44475b; font-size: 12pt;">Nifty 50 has risen between 1% and 2% about 120 times in the last 5 years.</span></p>]]></description><link>https://groww.in/digest/daily/infrastructure-output-up-3-8-muthoot-finance-rs-26-dividend-and-more</link><guid isPermaLink="false">infrastructure-output-up-3-8-muthoot-finance-rs-26-dividend-and-more</guid><pubDate>Mon, 21 Apr 2025 14:00:00 GMT</pubDate><content:encoded><![CDATA[<p><span style="color: #44475b; font-size: 12pt;"><span style="font-size: 12pt;"><span style="color: #993300;"><img class="CToWUd" style="display: block; margin-left: auto; margin-right: auto;" src="https://cms-resources.groww.in/uploads/New_Nifty_Graph_2025_04_21_T192105_071_f0d515a3ed.png" alt="" width="100%" height="100%" /></span></span></span></p>
<p><span style="color: #44475b; font-size: 12pt;">Nifty 50 has risen between 1% and 2% about 120 times in the last 5 years.</span></p><h2>Sensex</h2><p>
        79408.5<br/>
        <span style="color: #339966;">â–² 1.09%</span>
    </p><h2>Nifty</h2><p>
        24125.55<br/>
        <span style="color: #339966;">â–² 1.15%</span>
    </p><h2>Top Gainers</h2><table dir="ltr" border="1" cellspacing="0" cellpadding="0" data-sheets-root="1" data-sheets-baot="1"><colgroup><col width="100" /><col width="100" /></colgroup>
<tbody>
<tr>
<td>Tech Mahindra</td>
<td>Rs 1,373.50<br />â–² 5.10%</td>
</tr>
<tr>
<td>Trent</td>
<td>Rs 5,360.00<br />â–² 4.47%</td>
</tr>
<tr>
<td>IndusInd Bank</td>
<td>Rs 828.20<br />â–² 4.22%</td>
</tr>
<tr>
<td>Hero Moto</td>
<td>Rs 3,917.00<br />â–² 3.85%</td>
</tr>
<tr>
<td>Power Grid</td>
<td>Rs 320.00<br />â–² 3.56%</td>
</tr>
</tbody>
</table><h2>Top Losers</h2><table dir="ltr" border="1" cellspacing="0" cellpadding="0" data-sheets-root="1" data-sheets-baot="1"><colgroup><col width="100" /><col width="100" /></colgroup>
<tbody>
<tr>
<td>Adani Ports</td>
<td>Rs 1,243.10<br />â–¼ 1.29%</td>
</tr>
<tr>
<td>HDFC Life</td>
<td>Rs 712.20<br />â–¼ 1.09%</td>
</tr>
<tr>
<td>ITC</td>
<td>Rs 422.85<br />â–¼ 1.03%</td>
</tr>
<tr>
<td>Hindustan Unilever</td>
<td>Rs 2,351.00<br />â–¼ 1.01%</td>
</tr>
<tr>
<td>Asian Paints</td>
<td>Rs 2,445.00<br />â–¼ 0.93%</td>
</tr>
</tbody>
</table><h2>News</h2><p>India's infrastructure output increased by 3.8% year-on-year in March (compared to a 3.4% year-on-year growth in Feb). Production grew significantly in sectors like cement, fertilisers, steel, and electricity, while it declined for crude oil and natural gas. Infrastructure output grew 4.4% annually in FY25 (compared to 7.6% in FY24).</p>
<p>Wireless telecom subscribers saw a net addition of 6.29 lakh in January. Airtel saw a net gain of 16.50 lakh subscribers, followed by Jio, which added 6.86 lakh subscribers. Vodafone-Idea (Vi) lost 13.40 lakh subscribers, while BSNL lost 3.70 lakh subscribers: TRAI.</p><h2>Stocks Updates</h2><p>Muthoot Finance: board approved a dividend of Rs 26 per share for FY 2024-25.</p>
<p>Coal India: partnered with the Damodar Valley Corporation (DVC) to set up a 2×800 MW ultra supercritical power plant in Jharkhand, expanding the existing Chandrapura thermal power station.</p>
<p>Tata Motors: partnered with Tata Power Renewable to develop a 131 MW wind-solar hybrid project to power Tata Motors’ 6 plants in Maharashtra and Gujarat.</p>
<p>NTPC: as per some news reports, renewable energy company ‘Evren’, signed a 300 MW power purchase agreement with the company.</p>
<p>HDFC Bank: net profit rose 6.9% year-on-year to Rs 18,835 crore in the Jan-March quarter. Net interest income rose 9.2% to Rs 86,779 crore. Dividend announced: Rs 22 per share with record date as 27 June.</p>
<p>ICICI Bank: net profit rose 15.7% year-on-year to Rs 13,502 crore in the Jan-March quarter. Net interest income rose 13.6% to Rs 48,387 crore. Dividend announced: Rs 11 per share.</p><h2>Word of the Day</h2><p>Capital Gains Tax</p>
<p>It is the tax you pay on the profit made after selling an asset</p>
<p>The profit earned after selling assets like stocks, real estate, gold, etc. is known as capital gains.</p>
<p>The amount of tax paid depends on how long you have had the asset.</p>
<p>They fall under 2 categories based on the holding duration:</p>
<p>-Short Term Capital Gains (STCG)<br />-Long Term Capital Gains (LTCG)</p>
<p>The duration considered as 'short term' and 'long term' are different for every asset. Similarly the tax rates are different for every asset.</p>
<p>For example:</p>
<p>-If you sell equity shares within 12 months, the profit is taxed at 20% (STCG).<br />-If you sell them after 12 months, the profit is taxed at 12.5% (LTCG).</p>
<p>Note: In case of stocks, the duration considered for short term vs long term is 12 months.</p><h2>6 Day Course</h2><p>Theme: investing in gold</p>
<p>Day 1: Monday</p>
<p>Gold prices have been touching new highs in recent times.</p>
<p>This has brought a lot of focus on the metal. In this week’s course, we will explore gold as an investment.</p>
<p>Gold is one of the oldest forms of investment.</p>
<p>Unlike steel, crude oil, coal, etc, gold does not have many practical uses.</p>
<p>The supply of gold in the world is limited. So, when more people want to own gold, its price goes up.</p>
<p>Gold has been recognised as a store of value throughout history. This is why when a country’s currency or economy is under threat, investors start buying gold — it offers safety for their money.</p><h2>Featured Question</h2><p>“If the 1,00,000 shares of a particular company sold at the rate of Rs 80 and the next share 1,00,001 th share (at the time of closing the market) was sold at Rs 81 , then the share price will be rcorded as Rs 81 till the next day. or is it the average of all value considering the total volume of 1,00,001 ?”</p>
<p> </p>
<p>There are 2 concepts we need to learn here.</p>
<p>Last Traded Price (LTP): the last price at which a transaction happened (Rs 81 in your example).</p>
<p>Closing Price: this is the price shown when the share market closes for the day.</p>
<p>Closing price is calculated using an average (weighted-average) of the share’s price in the last 30 min of the trading day.</p>
<p>This is why the LTP and Closing Price can be different.</p>]]></content:encoded></item><item><title><![CDATA[Markets holiday, forex reserves rise by $1.57 billion, & more]]></title><description><![CDATA[<p>The Indian stock markets were closed today on account of Good Friday.</p>
<p>Hence, there won't be any updates on the Nifty 50, Sensex, Top Gainers, and Top Losers sections today.</p>
<p>Global markets: Most US and European markets were flat. Most Asian markets rose.</p>]]></description><link>https://groww.in/digest/daily/markets-holiday-forex-reserves-rise-by-1-57-billion-and-more</link><guid isPermaLink="false">markets-holiday-forex-reserves-rise-by-1-57-billion-and-more</guid><pubDate>Fri, 18 Apr 2025 14:00:00 GMT</pubDate><content:encoded><![CDATA[<p>The Indian stock markets were closed today on account of Good Friday.</p>
<p>Hence, there won't be any updates on the Nifty 50, Sensex, Top Gainers, and Top Losers sections today.</p>
<p>Global markets: Most US and European markets were flat. Most Asian markets rose.</p><h2>News</h2><p>India’s forex reserves rose by $1.57 billion to $677.84 billion in the week that ended on 11 April.</p>
<p>Japan’s annual inflation rate fell to 3.6% in March, compared to 3.7% in February.</p>
<p>India's gold imports rose 192% to $4.47 billion in March and 27% to $58 billion for the fiscal year 2024-25.</p><h2>Stocks Updates</h2><p>Divi's Labs: signed a long-term manufacturing and supply agreement with a global pharma company. It also plans a capacity expansion with an investment of Rs 650 -700 crore.</p>
<p>ITC: will acquire 100% of Sresta Natural Bioproducts for Rs 472.50 crore and 73.50% of Mother Sparsh for Rs 81 crore to expand in the organic food and baby care sectors, respectively.</p>
<p>Adani Green: a company subsidiary operationalised a 48 MW wind project at Khavda, Gujarat.</p>
<p>Adani Ports: acquired a 50 million tonnes per annum capacity terminal on Australia’s east coast.</p><h2>Word of the Day</h2><p>Overdraft Facility</p>
<p>It is a service where the bank allows you to spend more money than what is available in your account</p>
<p>It works like a short-term loan when your bank balance is low or zero.</p>
<p>The extra amount you withdraw is called ‘overdrawn’ money, and there’s a fixed limit set by the bank.</p>
<p>Interest needs to be paid on the extra amount that is used.</p>
<p>It is used by businesses and individuals to manage emergencies or short-term cash crunches.</p><h2>6 Day Course</h2><p>Theme: changing FD &amp; loan rates</p>
<p>Day 5: Friday</p>
<p>So far in the course, we have understood how the different rates of interest apply.</p>
<p>Finally, today, let’s talk about risk. Another thing that affects interest rates greatly is risk.</p>
<p>Many people believe that all FDs are zero risk.</p>
<p>This is not true. Every FD is risky, just at different levels. Smaller banks that are at greater risk of shutting down tend to offer their customers more attractive interest rates.</p>
<p>More stable and established banks tend to offer less attractive interest rates, but they are very low risk.</p>
<p>This applies to borrowers too. Banks give loans to higher-risk borrowers (low CIBIL score) at higher interest rates.</p><h2>Featured Question</h2><p>“It was mentioned in the digest that for a duration of time FD rates are constant, how about auto renewal FD, will the interest rate is constant or vary with repo rate?”</p>
<p>When you renew the FD, the latest interest rates apply.</p>
<p>Interest rates are fixed only for the duration of the FD. Once that FD is matured, that FD is technically closed.</p>
<p>So any renewal of FD will happen based on the latest interest rates.</p>
<p>This is true even for auto-renewal FDs.</p>]]></content:encoded></item><item><title><![CDATA[European Central Bank cuts interest rate, Infosys Q4 profit dips, & more]]></title><description><![CDATA[<p><span style="color: #44475b; font-size: 12pt;"><span style="font-size: 12pt;"><span style="color: #993300;"><img class="CToWUd" style="display: block; margin-left: auto; margin-right: auto;" src="https://cms-resources.groww.in/uploads/New_Nifty_Graph_2025_04_17_T190210_077_04848bf47d.png" alt="" width="100%" height="100%" /></span></span></span></p>
<p><span style="color: #44475b; font-size: 12pt;">Nifty 50 has risen between 1% and 2% about 120 times in the last 5 years.</span></p>]]></description><link>https://groww.in/digest/daily/european-central-bank-cuts-interest-rate-infosys-q4-profit-dips-and-more</link><guid isPermaLink="false">european-central-bank-cuts-interest-rate-infosys-q4-profit-dips-and-more</guid><pubDate>Thu, 17 Apr 2025 14:00:00 GMT</pubDate><content:encoded><![CDATA[<p><span style="color: #44475b; font-size: 12pt;"><span style="font-size: 12pt;"><span style="color: #993300;"><img class="CToWUd" style="display: block; margin-left: auto; margin-right: auto;" src="https://cms-resources.groww.in/uploads/New_Nifty_Graph_2025_04_17_T190210_077_04848bf47d.png" alt="" width="100%" height="100%" /></span></span></span></p>
<p><span style="color: #44475b; font-size: 12pt;">Nifty 50 has risen between 1% and 2% about 120 times in the last 5 years.</span></p><h2>Sensex</h2><p>
        78553.2<br/>
        <span style="color: #339966;">â–² 1.96%</span>
    </p><h2>Nifty</h2><p>
        23851.65<br/>
        <span style="color: #339966;">â–² 1.77%</span>
    </p><h2>Top Gainers</h2><table dir="ltr" border="1" cellspacing="0" cellpadding="0" data-sheets-root="1" data-sheets-baot="1"><colgroup><col width="100" /><col width="100" /></colgroup>
<tbody>
<tr>
<td>Eternal (Zomato)</td>
<td>Rs 231.60<br />â–² 4.29%</td>
</tr>
<tr>
<td>ICICI Bank</td>
<td>Rs 1,406.70<br />â–² 3.71%</td>
</tr>
<tr>
<td>Airtel</td>
<td>Rs 1,889.10<br />â–² 3.65%</td>
</tr>
<tr>
<td>Sun Pharma</td>
<td>Rs 1,751.50<br />â–² 3.45%</td>
</tr>
<tr>
<td>Bajaj Finserv</td>
<td>Rs 2,035.30<br />â–² 3.36%</td>
</tr>
</tbody>
</table><h2>Top Losers</h2><table dir="ltr" border="1" cellspacing="0" cellpadding="0" data-sheets-root="1" data-sheets-baot="1"><colgroup><col width="100" /><col width="100" /></colgroup>
<tbody>
<tr>
<td>Wipro</td>
<td>Rs 236.90<br />â–¼ 4.34%</td>
</tr>
<tr>
<td>Hero Moto</td>
<td>Rs 3,771.80<br />â–¼ 0.27%</td>
</tr>
<tr>
<td>JSW Steel</td>
<td>Rs 1,007.20<br />â–¼ 0.22%</td>
</tr>
<tr>
<td>Tech Mahindra</td>
<td>Rs 1,306.80<br />â–¼ 0.15%</td>
</tr>
<tr>
<td>Coal India</td>
<td>Rs 398.85<br />â–¼ 0.10%</td>
</tr>
</tbody>
</table><h2>News</h2><p>Japan’s trade surplus rose 55% year-on-year to 544.1 billion Japanese yen in March. Exports rose 3.9% year-on-year, and imports rose 2%.</p>
<p>The European Central Bank reduced its interest rate by 0.25% to 2.4% in its April meeting.</p><h2>Stocks Updates</h2><p>Infosys: net profit fell 11.7% year-on-year to Rs 7,033 crore in the Jan-March quarter. Dividend declared: Rs 22 per share; record date: 30 May. It will acquire Texas-based MRE Consulting for $36 million and Australia-based cybersecurity firm ‘The Missing Link’ for 98 million Australian dollars.</p>
<p>UltraTech: entered into an Energy Supply Agreement and acquired a 26% stake in a renewable energy company, AMPIN C&amp;I Power Eight Pvt Ltd, for Rs 25.50 crore.</p>
<p>HDFC Life: net profit rose 15.5% year-on-year to Rs 475 crore in the Jan-March quarter. Dividend declared: Rs 2.10 per share; record date: 20 June.</p>
<p>HDFC AMC: net profit rose 18% year-on-year to Rs 639 crore in the Jan-March quarter. Dividend declared: Rs 90 per share.</p>
<p>Lupin: received no concerns from the US FDA for its injectable drugs manufacturing facility in Nagpur, India, following a June 2024 inspection.</p>
<p>NHPC: will consider raising Rs 2,000 crore in its board meeting on 23 April.</p><h2>Word of the Day</h2><p>Bank Nifty</p>
<p>It is a stock market index that tracks the performance of India's top banking stocks.</p>
<p>It consists of 12 top banking companies from both the public and private sectors.</p>
<p>Examples: HDFC Bank, ICICI Bank, SBI, etc.</p>
<p>It acts as a benchmark for investors and fund managers to understand the overall health of Indian banks.</p>
<p>If this index goes up, it usually means banking sector is doing well.</p>
<p>If it goes down, it might mean the sector is struggling.</p><h2>6 Day Course</h2><p>Theme: changing FD &amp; loan rates</p>
<p>Day 4: Thursday</p>
<p>When the RBI changes the repo rate, do banks change their interest rates immediately?</p>
<p>No, that is not always the case. It also depends on the bank.</p>
<p>Banks earn money by giving out loans at higher interest rates. Paying lower interest rates on FDs also helps them reduce their costs.</p>
<p>For this reason, banks sometimes delay changing the interest rates to suit their operational requirements.</p>
<p>This is why there can be a delay in changing interest rates by different banks.</p>
<p>Banks can also change interest rates based on their own operational reasons — they do not have to wait for the repo rate to change.</p>
<p>If they want to attract more customers, they can increase FD rates and reduce loan rates at any time.</p>
<p>Likewise, if they want to increase their revenues, they can reduce FD rates and increase loan rates.</p><h2>Featured Question</h2><p>“Linked to today's question: Is the FD interest rate constant for the tenure of the FD, or does it change as the repo rate fluctuates ?”</p>
<p> </p>
<p>FD rates are usually fixed.</p>
<p>When you start an FD, you are shown the interest rate you will be given and the duration of the FD.</p>
<p>For this duration, the interest rate will be fixed.</p>
<p>Once the period is over, the invested money is returned to the investor.</p>
<p>Then, if the investor wants to invest in FD again, the latest FD rates will be applicable.</p>
<p>This is different from loan interest rates, which are fixed or floating.</p>
<p>If it is fixed, then the interest rate does not change for the duration of the loan.</p>
<p>If it is floating, the interest rate changes with the repo rate.</p>]]></content:encoded></item><item><title><![CDATA[Passenger vehicle sales rise, Wipro's Q4 profits up 26%, & more]]></title><description><![CDATA[<p><span style="color: #44475b; font-size: 12pt;"><span style="font-size: 12pt;"><span style="color: #993300;"><img class="CToWUd" style="display: block; margin-left: auto; margin-right: auto;" src="https://cms-resources.groww.in/uploads/New_Nifty_Graph_2025_04_16_T185735_662_2d9c84c200.png" alt="" width="100%" height="100%" /></span></span></span></p>
<p><span style="color: #44475b; font-size: 12pt;">Nifty 50 has risen between 0% and 1% about 440 times in the last 5 years.</span></p>]]></description><link>https://groww.in/digest/daily/passenger-vehicle-sales-rise-wipro-s-q4-profits-up-26-and-more</link><guid isPermaLink="false">passenger-vehicle-sales-rise-wipro-s-q4-profits-up-26-and-more</guid><pubDate>Wed, 16 Apr 2025 14:00:00 GMT</pubDate><content:encoded><![CDATA[<p><span style="color: #44475b; font-size: 12pt;"><span style="font-size: 12pt;"><span style="color: #993300;"><img class="CToWUd" style="display: block; margin-left: auto; margin-right: auto;" src="https://cms-resources.groww.in/uploads/New_Nifty_Graph_2025_04_16_T185735_662_2d9c84c200.png" alt="" width="100%" height="100%" /></span></span></span></p>
<p><span style="color: #44475b; font-size: 12pt;">Nifty 50 has risen between 0% and 1% about 440 times in the last 5 years.</span></p><h2>Sensex</h2><p>
        77044.29<br/>
        <span style="color: #339966;">â–² 0.4%</span>
    </p><h2>Nifty</h2><p>
        23437.2<br/>
        <span style="color: #339966;">â–² 0.47%</span>
    </p><h2>Top Gainers</h2><table dir="ltr" border="1" cellspacing="0" cellpadding="0" data-sheets-root="1" data-sheets-baot="1"><colgroup><col width="100" /><col width="100" /></colgroup>
<tbody>
<tr>
<td>IndusInd Bank</td>
<td>Rs 788.25<br />â–² 7.11%</td>
</tr>
<tr>
<td>Axis Bank</td>
<td>Rs 1,161.30<br />â–² 4.36%</td>
</tr>
<tr>
<td>ONGC</td>
<td>Rs 241.22<br />â–² 3.67%</td>
</tr>
<tr>
<td>Trent</td>
<td>Rs 5,035.50<br />â–² 3.25%</td>
</tr>
<tr>
<td>Adani Ports</td>
<td>Rs 1,232.90<br />â–² 1.83%</td>
</tr>
</tbody>
</table><h2>Top Losers</h2><table dir="ltr" border="1" cellspacing="0" cellpadding="0" data-sheets-root="1" data-sheets-baot="1"><colgroup><col width="100" /><col width="100" /></colgroup>
<tbody>
<tr>
<td>Maruti Suzuki</td>
<td>Rs 11,664.00<br />â–¼ 1.61%</td>
</tr>
<tr>
<td>Hindalco</td>
<td>Rs 609.90<br />â–¼ 1.25%</td>
</tr>
<tr>
<td>Tata Motors</td>
<td>Rs 616.05<br />â–¼ 0.99%</td>
</tr>
<tr>
<td>L&amp;T</td>
<td>Rs 3,227.70<br />â–¼ 0.92%</td>
</tr>
<tr>
<td>Bajaj Finance</td>
<td>Rs 9,056.50<br />â–¼ 0.92%</td>
</tr>
</tbody>
</table><h2>News</h2><p>Passenger vehicle sales rose 3.61% year-on-year to 3.81 lakh units in March. 3-wheeler sales rose 10.7%, 2-wheeler sales rose 11.38%: SIAM.</p>
<p>China’s GDP growth rate remained unchanged at 5.4% in the Jan-March quarter, compared to the previous quarter.</p>
<p>The UK’s annual inflation rate fell to 2.6% in March, compared to 2.8% in February.</p><h2>Stocks Updates</h2><p>Wipro: net profit rose 26% year-on-year to Rs 3,569 crore in the Jan-March quarter.</p>
<p>Vedanta: along with Cairn Oil &amp; Gas, acquired 7 new exploration blocks in a bidding process, expanding its portfolio to 69 blocks. These are blocks for oil and gas exploration.</p>
<p>PB Fintech (Policy Bazaar): company subsidiary ‘PB Pay’ has received RBI approval to operate as an online payment aggregator, subject to regulatory requirements.</p>
<p>BHEL: signed a Technology Transfer Agreement with Bhabha Atomic Research Centre to develop indigenous electrolyser systems, which will lower hydrogen production costs.</p><h2>Word of the Day</h2><p>Currency Peg</p>
<p>It is a policy decision where a country's government or central bank fixes or ‘pegs’ its currency's value to another currency</p>
<p>Example: Hong Kong dollar is pegged to the US dollar and Bhutanese ngultrum is pegged to the Indian rupee.</p>
<p>Currencies are usually tied to a stable currency like the US dollar or the Euro.</p>
<p>When a country pegs its currency, its currency’s value remains stable.</p>
<p>This way, the currency’s value won’t fluctuate as much as it would in a free market (not pegged).</p>
<p>Pegging a currency makes cross-country trades and investments more predictable and easier for the countries involved.</p>
<p>Since the US dollar is considered the reserve currency of the world, many countries peg their currencies to it.</p><h2>6 Day Course</h2><p>Theme: changing FD &amp; loan rates</p>
<p>Day 3: Wednesday</p>
<p>Why does the RBI change the repo rate?</p>
<p>The RBI uses the repo rate to control the economy. It is a very important tool in controlling inflation and economic activity.</p>
<p>Usually, these two are on the other side of the spectrum: higher economic activity leads to higher inflation. Controlling inflation leads to lower economic activity.</p>
<p>The RBI tries to maintain this balance carefully.</p>
<p>When they reduce the repo rate, interest rates come down. This results in lower loan rates — therefore more money in the hands of people.</p>
<p>This leads to more spending and, therefore, more economic activity.</p>
<p>This automatically leads to higher inflation.</p>
<p>When the RBI wants to reduce inflation, they increase the repo rate. That pushes up the interest rates, leading to lower borrowing, lower spending, lower economic activity, and thus lower inflation.</p><h2>Featured Question</h2><p>“in Yesterday's 6 Day Course Theme You Tell That When RBI Increases Repo Rate FD Interest Rate is increases, But FD interest Rate is income For Bank's Customer s. it's Not Need To Decrease?”</p>
<p> </p>
<p>Both FD and loan interest rates increase when the repo rate is increased.</p>
<p>And both FD and loan interest rates decrease when the repo rate is reduced.</p>
<p>When the interest rates are higher, banks want to give out more money as loans. That is their main source of earnings.</p>
<p>To attract more people’s money, they offer higher FD rates too.</p>
<p>This leads to more depositors depositing money in FDs. This makes it easier for banks to give out more loans.</p>]]></content:encoded></item><item><title><![CDATA[Markets continue sharp rise, inflation falls to 3.34%, & more]]></title><description><![CDATA[<p><span style="color: #44475b; font-size: 12pt;"><span style="font-size: 12pt;"><span style="color: #993300;"><img class="CToWUd" style="display: block; margin-left: auto; margin-right: auto;" src="https://cms-resources.groww.in/uploads/New_Nifty_Graph_2025_04_15_T182425_366_75a0153c45.png" alt="" width="100%" height="100%" /></span></span></span></p>
<p><span style="color: #44475b; font-size: 12pt;">Nifty 50 has risen between 2% and 3% about 17 times in the last 5 years.</span></p>]]></description><link>https://groww.in/digest/daily/markets-continue-sharp-rise-inflation-falls-to-3-34-and-more</link><guid isPermaLink="false">markets-continue-sharp-rise-inflation-falls-to-3-34-and-more</guid><pubDate>Tue, 15 Apr 2025 14:00:00 GMT</pubDate><content:encoded><![CDATA[<p><span style="color: #44475b; font-size: 12pt;"><span style="font-size: 12pt;"><span style="color: #993300;"><img class="CToWUd" style="display: block; margin-left: auto; margin-right: auto;" src="https://cms-resources.groww.in/uploads/New_Nifty_Graph_2025_04_15_T182425_366_75a0153c45.png" alt="" width="100%" height="100%" /></span></span></span></p>
<p><span style="color: #44475b; font-size: 12pt;">Nifty 50 has risen between 2% and 3% about 17 times in the last 5 years.</span></p><h2>Sensex</h2><p>
        76734.89<br/>
        <span style="color: #339966;">â–² 2.1%</span>
    </p><h2>Nifty</h2><p>
        23328.55<br/>
        <span style="color: #339966;">â–² 2.19%</span>
    </p><h2>Top Gainers</h2><table dir="ltr" border="1" cellspacing="0" cellpadding="0" data-sheets-root="1" data-sheets-baot="1"><colgroup><col width="100" /><col width="100" /></colgroup>
<tbody>
<tr>
<td>IndusInd Bank</td>
<td>Rs 735.90<br />â–² 6.73%</td>
</tr>
<tr>
<td>Shriram Finance</td>
<td>Rs 672.00<br />â–² 5.20%</td>
</tr>
<tr>
<td>Tata Motors</td>
<td>Rs 622.20<br />â–² 4.56%</td>
</tr>
<tr>
<td>L&amp;T</td>
<td>Rs 3,257.60<br />â–² 4.55%</td>
</tr>
<tr>
<td>Adani Enterprises</td>
<td>Rs 2,418.20<br />â–² 4.17%</td>
</tr>
</tbody>
</table><h2>Top Losers</h2><table dir="ltr" border="1" cellspacing="0" cellpadding="0" data-sheets-root="1" data-sheets-baot="1"><colgroup><col width="100" /><col width="100" /></colgroup>
<tbody>
<tr>
<td>ITC</td>
<td>Rs 420.20<br />â–¼ 0.27%</td>
</tr>
<tr>
<td>Hindustan Unilever</td>
<td>Rs 2,361.50<br />â–¼ 0.20%</td>
</tr>
</tbody>
</table><h2>News</h2><p>India’s annual inflation rate fell to 3.34% in March, compared to 3.61% in February: MoSPI.</p>
<p>India’s trade deficit rose 38% year-on-year to $21.54 billion in March. Exports saw almost no change, while imports rose nearly 11% year-on-year in March: Commerce Ministry.</p>
<p>Gross exports of gems &amp; jewellery rose 5.24% year-on-year to Rs 22,341 crore in March. Gross imports fell 7.20% to Rs 16,783 crore.</p><h2>Stocks Updates</h2><p>ICICI Prudential: net profit rose 121% year-on-year to Rs 385 crore in the Jan-March quarter. Net premium income rose 11% to Rs 16,369 crore. Dividend declared: Rs 0.85 per share.</p>
<p>Tata Power: company subsidiary TPREL has signed a Rs 4,500 crore power purchase agreement with NTPC to develop a 200 MW firm and dispatchable renewable energy project (solar, wind, BESS) across India. </p>
<p>Havells: board approved a Rs 600 crore investment in Goldi Solar Pvt Ltd, a Gujarat-based manufacturer of solar modules and inverters.</p><h2>Word of the Day</h2><p>Securitisation</p>
<p>It is a process in which a bank or finance company converts its loans into investment products (securities).</p>
<p>Instead of waiting years to collect all the loan money (such as home loans, car loans, etc.), the bank clubs these loans together and sells them as securities to investors.</p>
<p>Banks and NBFCs do this to increase liquidity.</p>
<p>Since they get money upfront from selling these securities, they can issue more loans instead of waiting for customers to pay in longer time.</p><h2>6 Day Course</h2><p>Theme: changing FD &amp; loan rates</p>
<p>Day 2: Tuesday</p>
<p>Continuing from yesterday: the repo rate and reverse repo rate are set by the RBI.</p>
<p>The repo rate is the rate at which banks borrow money from the RBI.</p>
<p>The reverse repo rate is the rate at which the RBI borrows money from banks.</p>
<p>These rates directly affect the interest rates banks offer.</p>
<p>Whenever the repo rate is increased by the RBI, the banks increase their loan and FD interest rates.</p>
<p>When RBI reduces the repo rate, the loan and FD interest rates come down.</p>
<p>The time it takes for interest rates to change after the repo rate is changed varies from bank to bank.</p><h2>Featured Question</h2><p>“If mutual funds shows 3 year return as, let's say, 20%. So, is this return available to us after they deduct their management charges like expense ratio?”</p>
<p> </p>
<p>Yes.</p>
<p>In the case of mutual funds, the returns you see are after the management fee or expense ratio has been deducted.</p>
<p>There is no need to further deduct the expense ratio from the returns.</p>
<p>This makes it easier for investors to understand how well the mutual fund has actually performed.</p>
<p>Do note: the tax needed to be paid, and exit load charges (if applicable) are not included in the returns though.</p>
<p>Since the tax amount and exit load is different for each investor, it is not deducted from the displayed returns of the mutual fund.</p>]]></content:encoded></item></channel></rss>