The Government " SUCCOUR " Now - The Nifty, the Sensex and the SIP ( Systematic invest Plan )




Pic - :: The Sensex Stock Market And It's Pictorial Graphical Demonstration 

The Nifty, the Sensex and the SIP ( Systematic invest Plan )

This is one arena and one subject where the importance holds. After all everybody is hit by the loo of the job as well as the business that has erupted through the Covid – 19.

Ever since this hit the nation exactly on March 2020 the entire world was swept off the feet. It became extremely tough and very hard for the world to survive as it’s income and the overall GDP fell drastically . Every nation in the world went into despair and into negative with their GDP sinking below the negative mark  and the worst wa USA whose GDP fell below the -7.0 points on the scale of 10.

IT WAS ONLY INDIA WHOSE GDP WAS ABOVE 1.9 OUT OF AND ON A SCALE OF TEN.

Inspite of all the hitch and the hindrance the Indian Stock market did extrememly well and in the stage of the WORLD it was the only one whose Sensex and the NIFTY were doung exceedingly well. The Indian Stock market after the market was opened and after the business was declared open went TONG-AND-HAMMER and on November 2020 the Sensex had closed on 52, 800 plus points and the NIFTY had closed on 15,835 points . The one’s who invested on stock especially the Bank’s floated , say for example the ICICI Bank, the Andhra Bank, ( npow the Union Bank Of India) and the State banks which came to the market on November and December 2019 with some of their investment plans on the SIP did extremely well and that surprised the World.

It was the Indian Government which listened to the public, took their points on the same and acted in a very professional, but in a ruthless manner to see that the INDEX level remained high and the investors got their worth in terms of money. That was the FIRST year and their performance of the NIFTY, the Sensex and the Nifty Ban was absolutely thrilling and at the end of everything people who invested by December 2020 got about 2.27 times more their dividends .In short that who invested Rs 3,00,000-=00 to say got about Rs 6,83,000=00 .The extra 3,83,000=00 were taken for the personal expenditure of all the one’s who invested.

Believing on this the people for the year 2020-2021 who would draw the money on November/December again reinvested their money on the same and it gives SUCH A HOPE TO SEE THAT INSPITE OF SUCH A CRUX AND A DIPPING MARJET, THE NIFTY AT THE MNTH OF JULY STANS ON 51,000 plus points  AND THE NIFTY AS ON JULY STANDS ON 15, 835 POINTS.

In other words, what was the actual standing of the Nifty and the Sensex last trading year at the end of November/December , it has touched that mark in this year in the month of July 2021.

There is PLENTY of thime now from July 15th 2021 at the time of writing this piece and if the Government takes the cognizance of the same right now and checks the performance of NIFTY and the SENSEX the ultimate GAINER will be the Government. It is because-:

1). The dividend of the one’s who have invested will get enough money to spend.

2). When the currency note will flow in the market freely the Industry, the other business will stand on the feet.

3). The service class people can withdraw this amount and those in job can reinvest a bit from this money in the NSC and that will help the Government to add to it’s kitty beside  the investors getting the rebate on the IT , ie , Income-Tax.

It maybe added here that about 50% of the people over sixty years of age have invested their money in this schemes of SIP, and whatever they get as a dividend , they manage their entire years through this as far as their expenses are concerned. It is that the IT on the dividend of the SIP ought to be made by the baks deducting all the IT amount only whn the one’s, ie , the investor withdraws his money after one year of deposit only if the amount exceeds the IT slab on which the IT deduction ought to be made- and not RPT, NOT every month as done now which is a BAD habit and the Government of the day ought to stand, arise and order/ direct the banks for the same.

It is now for the Hon’ble prime Minister and the Hon’ble Finance Minister to keep a check on the banking, the banks which has floated this and the Sensex as well as the Nifty to raise itself so that the Nifty ends up at 54,000 plus points by November and ther NIFTY to about 16,500 plus points uptil November and maintains the consistency level uptil the month of December 2021…..

If they can do that …. IT WOULD BE A WORLD RECORD SET AS THE INDIAN BULLION MARKET NEVER HAD TOUCHED THAT MANY A POINTS…..

Buck up the banks, the Stock exchange market the Union Ministers’ of Finance and the Union Prime Minister of India…..

That is it……

That sums up it and that is all .....

Regards and THANKS

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Shyamal Bhattacharjee 

Mr Shyamal Bhattacharjee, the author was born at West Chirimiri Colliery at District Surguja, Chattisgarh on July 6th 1959 He received his early education at Carmel Convent School Bishrampur and later at Christ Church Boys' Higher Secondary School at Jabalpur. He later joined Hislop College at Nagpur and completed his graduation in Science and he also added a degree in    B A thereafter. He joined the HITAVADA, a leading dailies of Central India at Nagpur as a      Sub-Editor ( Sports ) but gave up to complete his MBA in 1984 He thereafter added a Diploma In Export Management. He has authored THREE books namely Notable Quotes and Noble Thought published by Pustak Mahal in 2001 Indian Cricket : Faces That Changed It  published by Manas Publications in 2009 and Essential Of Office Management published by NBCA, Kolkatta  in 2012. He has a experience of about 35 years in Marketing .


 

 



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