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The danger of social media and finance
Finfluencers are growing in popularity, particularly among younger investors.
Financial influencers or ‘finfluencers’ are everywhere on social media. Just open up your preferred app of choice and you will soon find a well-edited video (usually shot in some far-off luxury location) of someone telling you how they make money.
But this is far from credible. It is well known that scammers use this technique to get people to invest with them, while even those who do what they propose – give you tips and trades to make – are rarely offering sound financial advice.
Although it may seem like common
Top Gainers and Losers today on 19 March, 2024: Bajaj Finance, Bajaj Auto, Tata Consultancy Services, Bharat Petroleum Corporation among most active stocks; Check the full list here
The Nifty Midcap 50 underperformed the Nifty 50, closing 1.66% down. Similarly, the Nifty Small Cap 100 also underperformed, ending at 14762.15, down by 175.3 points and 1.19% lower.
In terms of returns, the Nifty 50 has shown the following performance in different time periods: -2.35% in the last 1 week, -1.4% in the last 1 month, 1.67% in the last 3 months, 9.6% in the last 6 months, and 28.39% in the last 1 year.
The top gainers in the Nifty index were Bajaj Finance (up 1.41%), Bajaj Auto (up 1.39%), Kotak Mahindra Bank (up 0.68%), Hindalco Industries (up
Top Gainers and Losers today on 26 March, 2024: Bajaj Finance, Hindalco Industries, Power Grid Corporation Of India, Eicher Motors among most active stocks; Check the full list here
The Nifty Midcap 50 outperformed the Nifty 50, closing 1.08% up. Similarly, the Nifty Small Cap 100 also outperformed the Nifty 50, ending at 15056.75, up by 61.6 points and 0.41% higher.
The Nifty 50 has provided the following returns:
– In the last 1 week: 0.85%
– In the last 1 month: -0.53%
– In the last 3 months: 2.62%
– In the last 6 months: 11.89%
– In the last 1 year: 29.54%
In the Nifty index, the top gainers were Bajaj Finance (up 2.21%), Hindalco Industries (up 1.99%), Britannia Industries (up 1.98%), Adani Ports & Special Economic