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Everything You Need to Know About the SpaceX Trading Debut on 12 June 2026
Breaking: SpaceX (SPCX) is making its Nasdaq trading debut today, 12 June 2026. Shares are priced at USD 135. This article was published on the morning of the debut. First-day trading data will become available during the session. Verify live prices before any investment decision. Twenty-four years after Elon Musk founded Space Exploration Technologies on the conviction that he could build rockets cheaper than anyone else, SpaceX is a publicly traded company. Today, 12 June
Aditi Rao
Jun 1215 min read


What Is a Share Buyback? And What It Signals
Imagine you own a small bakery with four partners, each holding a 25 percent stake. One day the business is doing well, cash is sitting in the bank, and one of your partners wants to sell their share. Instead of bringing in an outsider, the bakery itself buys that partner out. Now the remaining three partners each own a larger slice of the same business, without having spent their own money. The bakery used its own cash to shrink the number of owners, and in doing so made eac
Aditi Rao
Jun 129 min read


Why Is Gold Falling Right Now? The Five Reasons Behind the June 2026 Correction
Market Update: This article was written on 11 June 2026. Gold prices are moving rapidly. The figures cited reflect prices as of 9 to 10 June 2026. Verify current prices before making any investment decision. Gold hit an all-time high of USD 5,589 per troy ounce on 29 January 2026, and Indian investors who bought at those levels are watching a painful correction unfold. As of 9 to 10 June 2026, spot gold is trading near USD 4,165 per ounce, approximately 25 percent below that
Nitya Vasudev
Jun 1112 min read


Demat Account vs Trading Account: What Is the Difference and Do You Need Both?
The first time most people try to open a stock market account in India, they run into a small wall of terminology. The broker asks whether you want to open a demat account, a trading account, or both. Perhaps a bank representative mentions that you already have a demat account with them. A friend says their broker gave them all three accounts together and they are not entirely sure what any of them does. If this sounds familiar, you are not alone. The confusion is understanda
Nitya Vasudev
Jun 118 min read


What Is a Bonus Share vs a Stock Split?
A bonus share is an additional share issued by a company to its existing shareholders free of cost, in proportion to their current holdings. No new money changes hands. The company does not receive any fresh capital, and the shareholder does not pay anything. The shares simply appear in your demat account on the record date. The shares are not conjured from nowhere. A company builds up reserves over its profitable years: retained earnings, the securities premium account, the
Nitya Vasudev
Jun 118 min read


How NRIs Should File Their Indian Tax Return Income, Gains, DTAA Claims
Filing an Indian income tax return as an NRI is meaningfully different from filing as a resident Indian, not because the portal or the form changes, but because what you are required to declare, what you are not required to declare, what TDS has already been deducted on your behalf, and what treaty claims you may be entitled to make are all different. Many NRIs either skip the filing entirely on the mistaken belief that TDS deducted at source settles their Indian tax obligati
Nitya Vasudev
Jun 1116 min read


India’s SIP Momentum Slows: Three Months of Consecutive Decline Raise Questions
For years, India’s Systematic Investment Plan (SIP) culture had been the pride of the domestic mutual fund industry, a symbol of retail investor maturity, disciplined investing, and financial inclusion at scale. Monthly SIP contributions had grown relentlessly, crossing milestone after milestone, from single digit thousands of crores a decade ago to a record ₹32,087 crore in March 2026. That peak, however, now looks like a turning point. Data from the Association of Mutual
Aditi Rao
Jun 106 min read


The FoF Illusion: Why Most US Exposure Funds Available in India Are Two Layers Removed From the Companies You Want
You want to own Nvidia. The marketing material for a domestically available fund implies you will. The fund's name has technology in it. The brochure mentions artificial intelligence infrastructure. The factsheet benchmark is the Nasdaq 100. The fund has performed strongly over the past two years, closely tracking the headlines about the semiconductor boom and the AI build-out that drove Nvidia from USD 150 to over USD 900 per share during that period. What you actually own,
George Varghese
Jun 1015 min read


What Happens If DIIs Stop Buying What FIIs Are Selling?
The standard reassurance during every FII selling episode in Indian markets goes like this: do not worry, the domestic institutional investors are absorbing the supply. DIIs are buyers. Mutual fund SIP flows are at record levels. Insurance companies are deploying premium income. The market has a safety net. Between October 2024 and January 2025, that reassurance was tested at scale. FIIs pulled out approximately Rs 2.27 lakh crore from Indian equities over four months, one of
Aditi Rao
Jun 1015 min read
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