Trending words of 2022.

Moonlighting

This was the most controversial and debated word that became a trend this year.

Meaning: “Moonlighting” refers to doing many jobs in addition to one’s regular job. In simpler words, it means a ‘side job’.  

Metaverse

Meaning: A virtual reality space in which users can interact with a computer-generated environment and other users.

Finfluencer

Meaning: Finfluencers are people with public social media platforms offering advice and sharing personal experiences about money and investment in stocks

Cockroach Startup

Meaning: A cockroach startup is the one which keeps struggling, going forward in spite of changing environments, market conditions and investment scenarios, just like a cockroach.


Stagflation
Meaning: Stagflation is defined as an economy that is suffering both an increase in inflation and a stagnation in economic output at the same time.

Trending words of 2022.

Moonlighting

This was the most controversial and debated word that became a trend this year.

Meaning: “Moonlighting” refers to doing many jobs in addition to one’s regular job. In simpler words, it means a ‘side job’.  

Metaverse

Meaning: A virtual reality space in which users can interact with a computer-generated environment and other users.

Finfluencer

Meaning: Finfluencers are people with public social media platforms offering advice and sharing personal experiences about money and investment in stocks

Cockroach Startup

Meaning: A cockroach startup is the one which keeps struggling, going forward in spite of changing environments, market conditions and investment scenarios, just like a cockroach.

Stagflation
Meaning: Stagflation is defined as an economy that is suffering both an increase in inflation and a stagnation in economic output at the same time.

7 tips to crack GATE 2024

Picture Credits – GeekforGeeks

1. The Early You Start, The Better It Is.

GATE is an exam that usually entails consistent study. It is advantageous to begin early as you’ll have enough time to thoroughly study the topics and revise on a regular basis. GATE preparation is best done in the third year of engineering. You must devote at least a few hours per week, preferably on weekends, to GATE preparation. Aspirants have been studying for the exam for over two years, so competition is fierce.

2. Know the GATE Exam Pattern and Syllabus

Before you begin your GATE preparation, familiarize yourself with the GATE 2024 exam pattern and syllabus. The exam contains both MCQ and numerical questions. There is negative marking as well except for the numerical type questions.
The following step is to review the GATE Syllabus 2024. Subjects and topics should be prioritized based on your conceptual knowledge and understanding of the subject. Categorize the topics based on your strengths and weaknesses to help you decide which ones to focus on more. Aside from that, select the core subjects that you must thoroughly study in order to score higher.

3. Make a proper study plan

The study plan will differ depending on whether the candidate is a first-timer or a repeater, as well as on their strengths and weaknesses. Examine the exam pattern, syllabus, and difficulty level carefully before creating an effective study plan. Create a long-term, monthly, and daily plan. Experiment with a variety of problems from various sources. Practice a variety of problems from different sources. Take as many mock tests as possible, solve previous year’s papers, and sample papers.

4. Manage your time effectively

Time management is crucial in GATE preparation. Make a workable schedule and make good use of your time. Plan out the time needed to cover the syllabus and set aside time for each task related to your GATE preparation. Revision is essential; take it seriously and practice a variety of question papers to better manage time during the exam.

5. Take Mock Tests and Analyze the Results

Taking mock tests can help you keep track of your performance at every stage of your preparation. It is not enough to simply take mock tests; it is also necessary to analyze the results. Recognize your mistakes and areas for improvement.

6. Focus on General Aptitude and Engineering Mathematics

If you want to pass GATE 2024, concentrate on Mathematics and Aptitude. Prepare thoroughly for these two subjects because you will score much higher in this section than in the others. The Aptitude section is worth 15 points, as is the Mathematics section. As a result, preparing for this section without fail is an excellent strategy. 

7. Join an online test series

One of the best ways to determine your level of preparation is to take an online test series. These are created by expert faculty and include previous year questions. These will help you compete with the actual candidates who will be appearing for the year, and you can also analyze your AIR. You can get information about the best test series from your seniors and teachers, who may already be enrolled.
Think beyond the textbook and look for real-world applications of engineering concepts. This will assist you in making things more interesting and realistic. Develop your visualization skills and look for connections and relationships between concepts. This will assist you in learning more effectively. Make analogies to help you explain topics and concepts. 
Take good care of your health and get enough sleep. Revise frequently and keep a cool head on exam day.
Do you want to know about the tracks you can opt after you qualify GATE?
You can read my other article, which is linked below, to learn more about the various opportunities available after passing the GATE exam.

More sector should be added to current PLI scheme says expert.

A proposal to extend PLI scheme benefits to different sectors such as toys and leather is at advanced stages of finalisation and there is a likelihood that it may figure in the Budget, expert says.

The 14 sectors are mobile manufacturing, manufacturing of medical devices, automobiles and auto components, pharmaceuticals, drugs, specialty steel, telecom & networking products, electronic products, white goods (ACs and LEDs), food products, textile products, solar PV modules, advanced chemistry cell (ACC) battery, and drones and drone components.

The key objective of the PLI schemes is to make domestic manufacturing globally competitive by boosting existing capacities in manufacturing for sunrise (new businesses) and strategic sectors, creating global champions in manufacturing and curbing cheaper imports, while also reducing import bills, enhancing export capacity and generating employment.

More sector should be added to current PLI scheme says expert.

A proposal to extend PLI scheme benefits to different sectors such as toys and leather is at advanced stages of finalisation and there is a likelihood that it may figure in the Budget, expert says.

The 14 sectors are mobile manufacturing, manufacturing of medical devices, automobiles and auto components, pharmaceuticals, drugs, specialty steel, telecom & networking products, electronic products, white goods (ACs and LEDs), food products, textile products, solar PV modules, advanced chemistry cell (ACC) battery, and drones and drone components.

The key objective of the PLI schemes is to make domestic manufacturing globally competitive by boosting existing capacities in manufacturing for sunrise (new businesses) and strategic sectors, creating global champions in manufacturing and curbing cheaper imports, while also reducing import bills, enhancing export capacity and generating employment.

Top most online platform to upskill in 2023.

An online learning platform is a webspace or portal for educational content and resources that offers a student everything they need in one place: lectures, resources, opportunities to meet and chat with other students, and more. It is also an excellent way for the student and the teacher to monitor student progress. Whether you want to learn a new language or obtain career-advancing certifications, signing up for an online course could be just the perfect solution. The online class is typically provided through online learning platforms. 

Online learning has numerous advantages over traditional learning methods. Some of these include the possibility for students to make use of self-paced learning and to choose their own learning environments through chinese enrichment class. Additionally, e-learning is both cost-effective and cost-efficient, as it removes the geographical obstacles often associated with traditional classrooms and education. The benefits of an online course platform are that both students and teachers can track the students’ progress through the course material, and everything is neatly organized in one place. Additionally, students may also have an option of interacting with each other on the platform.

Some of the popular Online learning (e-learning) platforms.

Photo by Julia M Cameron on Pexels.com

Coursera.

Coursera isn’t just a place to take classes that are like college courses—it actually offers real academic courses from real professors and universities at a fraction of the cost of getting an online degree. The platform partners with over 200 universities and companies to provide real learning experiences that can connect to real-world benefits. In some cases, you can even earn certifications or degrees entirely through Coursera, which can then potentially lead to professional benefits like raises, promotions, and more. 

Course Hero.

Course Hero is home to study resources, 24/7 homework help and textbook guides to provide students across top institutions with tailored reinforcement of the courses in which they are enrolled. The library of materials uploaded to Course Hero’s platform can be searched by either school or textbook to find the exact resource a student needs, with tutors available to provide total support.

Edx.

Generally, this online learning platform has a high-end pedigree. edX was established by graduates from both MIT and Harvard University. Real college courses that are generated and taught by real college tutors are available in a vast array of topics and fields. They have a slight leaning toward the Science, Technology, Mathematics, and Engineering fields. Nonetheless, there are plenty of topics in the humanities, arts, and languages as well. By partnering with the universities, this course provides professional degree certificates as well as the “micro” degree programs at both the bachelor’s and the master’s levels. In this sense, they largely serve as tools for professional development. 

Skill Share.

Whereas many online class platforms do confer college-style classes, Skillshare is not formal and is mainly targeted at boosting creative skills. Some business and marketing classes exist on this online education platform. Most of the courses though tend to have a focus on the creative fields and are administered by practicing experts in various fields. Common examples of these fields are interior design, visual arts, animations, films, and photography. 

LinkedIn Learning.

Formerly called Lynda.com, LinkedIn Learning is an educational platform that confers professional course training in the fields of technology, business, creative fields, and technology-related areas mainly in the form of videos. The online learning marketplace is largely available as a premium service for the users of LinkedIn and has so far provided well over 16,000 courses in a whopping 7 languages. Its focus is mainly to aid individuals in investing in their professional development. 

Udemy.

If you want to learn something, it’s probably on Udemy. The site is less of a unified platform and more of a portal or repository where students can access well over 100,000 courses on every topic imaginable. There’s not one standard format for a Udemy course—the platform allows instructors to design multimedia lectures with audio, video, and text elements, plus readings, quizzes, and other activities. Udemy allows students to preview classes they’re interested in and does offer a 30-day refund if you’re dissatisfied.

FutureLearn.

FutureLearn lets you learn online from universities and companies all over the world, including Anglia Ruskin University, King’s College London, Monash University, and the University of Wollongong. On top of their university partnerships, they also partner with specialist organizations such as Accenture, Amnesty International, the British Library, and UNESCO. From personal development video lessons to employment-related course content, FutureLearn definitely deserves its place near the top of our best online learning platforms list.

Different Opportunities after GATE Exam

 

Picture Credits: Raudra Eduservices

In present, being a graduate alone will not secure you a great job as we are all well aware of India’s declining employment rates. Higher education is therefore recommended for an unprecedented career. This will not only open doors to a bright future for you, but it will also help your career. As a result, students preparing for higher education nowadays prefer competitive exams.

One such well-known exam is the GATE (Graduate Aptitude Test in Engineering). Almost all science and engineering students take the exam and are aware of the various opportunities.

If you want to continue your education after graduation, you can pursue M. Tech. or ME degrees. Then you should take this competitive exam. 

Let me list few of the advantages of qualifying the GATE exam.

Higher Studies 

If you pass the exam with a decent score, you will have the best chance of getting into one of India’s prestigious institutes such as IITs, NITs, or IISC. You can select your favorite institutes based on your specialization and interests. Following the completion of your higher education, firms such as Google, Samsung, Tata, Maruti, Cisco, and several other eminent companies with salaries ranging from 8 lakhs to 30 lakhs per annum bestow upon you truly excellent campus placement opportunities. And if you have always dreamt of getting that tag of an “IITian” before your name, this is the exam that paves the path towards it.

Public Sector Units

PSUs are government-owned establishments that are established and owned by the Government of India or state governments in India. Candidates qualifying GATE with excellent ranks is directly called for interviews by these organizations. PSUs like BHEL, IOCL, ONGC, SAIL, NTPC, HPCL, PGCIL, BARC, and over 200 other PSUs in the country, regard GATE scores as a satisfactory criterion in their recruitment process. A job in a PSU keeps you in loop with intriguing engineering advances while providing the security and benefits of a government job. Working in a PSU will not only help you live a affluent life, but it will also allow you to serve your country.

Research 

If you are passionate about your subject and want to learn more, you can pursue a Junior Research Fellowship in CSIR Laboratories after completing your M. Tech or ME. Research is an area that is underdeveloped in our country, despite the fact that it holds great promise. Few people stay in the country to complete their research fellowships; other choose to travel abroad in search of a better future. But why should you go to a foreign university and conduct research while also working part-time to make ends meet? You can conduct the same outstanding and groundbreaking research in your own country while earning a pretty hefty stipend. Isn’t it a viable option for you? You can make your country and people proud by conducting research in your own country.

Joining foreign universities after GATE

Another fantastic opportunity after GATE is to pursue your higher education at a foreign university and realize all of your dreams. Many universities in Germany and Singapore consider a valid GATE score, i.e. one that is higher than the 90th percentile, as a criterion for admission. While many German universities waive tuition for their various M. Tech. and MS programmes. So, put in the effort for your GATE exam preparation and you will be one step closer to realizing your dream.
If you are in your third year of engineering, now is the time to begin your GATE preparation. 

No pre installed Google application on new phones, read more about CCI and Google case.

Google has been making the headlines with hefty fines imposed by the Competition Commission of India (CCI) in recent months, alleging the company of abusing its position as a market leader with Android, and not allowing other companies to grow on the platform. Google has been legally battling these accusations in the country but it seems the company is ready to comply with the terms issued by the antitrust body.

Having limited choices of apps as an alternative to Chrome, Pay and Drive among others has worked in Google’s favour in India, but the ruling means other app developers might finally get the chance to catch your eye and allow it to be used on Android devices.

Google makes Chrome the default search option for Android users in India, but soon that will not be the only option for users. Android devices will give you a choice screen through which you can select which search engine is going to be your default option. The details are not clear for now, but it is likely that people will have the freedom to choose between Chrome, Bing or any other search option compatible on Android.

No pre installed Google application on new phones, read more about CCI and Google case.

Google has been making the headlines with hefty fines imposed by the Competition Commission of India (CCI) in recent months, alleging the company of abusing its position as a market leader with Android, and not allowing other companies to grow on the platform. Google has been legally battling these accusations in the country but it seems the company is ready to comply with the terms issued by the antitrust body.

Having limited choices of apps as an alternative to Chrome, Pay and Drive among others has worked in Google’s favour in India, but the ruling means other app developers might finally get the chance to catch your eye and allow it to be used on Android devices.

Google makes Chrome the default search option for Android users in India, but soon that will not be the only option for users. Android devices will give you a choice screen through which you can select which search engine is going to be your default option. The details are not clear for now, but it is likely that people will have the freedom to choose between Chrome, Bing or any other search option compatible on Android.

Unfortunate happenings in West Bengal

After 34 years of Left –front rule (communist rule) in West Bengal a political change took place in 2011 in the State. The people of West Bengal expected lots of development from the new government under the leadership of Mamata Banerjee, the first woman Chief Minister of the State.   When I was in service (now retired Professor) in an organization of the Government of India for official and academic purposes I visited the State.  I observed serious unemployment, poverty, refugee issues, high density of population, low agricultural land holding, etc were the major issues in the State.  It is pertinent to mention that as per the ‘Refugee Relief and Rehabilitation Department of the Government of West Bengal, “the census figures show the number of refugees from East Pakistan in 1971 was nearly 6 million (60 lakh) and in 1981, the number was assessed at 8 million (80 lakh)”. Anyway, the people of West Bengal had lots of expectations from the present State Government but the loose -talk of some leaders, criticizing central leaders, scandals, etc., have lowered the image of the All-India Trinamool Congress (AITC/TMC). Indians always want to see a political leader should be free from all sorts of corruption and also from the loose talk. But under the AITC/TMC rule situation is different. 

I am pained to see the unfortunate happenings in the State because the State produced a number of great personalities, and great stalwarts in all the fields – cultural, religion, literature, science, and the freedom movement. The first case took place in 2014 June, “TMC MP Tapas Pal has threatened to kill opposition CPM workers and have their women raped if a single ruling party worker was attacked. The comments triggered an uproar and sparked condemnation by opposition parties with CPM demanding that the Lok Sabha Speaker take suo motu cognizance of Pal’s outburst and disqualify him. (The Times of India, 30/6/2014). Tapas Pal was a great actor and I had the opportunity to watch many movies acted by him but after such a statement I was dejected.   Another highly deplorable issue is that after the Assembly elections in West Bengal (2021), many violent incidents took place in different forms which did not happen recently in any State assembly elections but the worst things happened after the Assembly election in West Bengal. Now worst case in the State is the ‘Teachers recruitment scam’ which cannot be imagined in a culturally developed State like West Bengal. Thanks to Calcutta High Court otherwise probably 10th failed persons would have got teachers’ jobs by paying bribes to the ruling party leaders. I am presenting here a case, Trinamul Congress youth leader Kuntal Ghosh, who was arrested by the Enforcement Directorate (ED) on 21 January 2023, told media persons on Wednesday (25/01/23) that “he is confident that someday the masterminds of the scam will be arrested. Corruption is sky-high. Let there be a proper investigation and everything will be revealed. The names of the masterminds in the matter will surface. It will be revealed who is guilty and who is not. A grand conspiracy has been hatched in the matter, which is the biggest in recent times.  However, he did not specify who these ‘masterminds’ are” (The Statesman, 26/01/23).  It is pertinent to mention here that on 23 July 2022, former Education Minster of the State Partha Chatterjee was arrested by the Enforcement Directorate in connection with the alleged State School Service Commission (SSC) recruitment scam cases along with his aide actress Arpita Mukherjee. We all know crores and crores of rupees were recovered. Another corrupt leader of TMC is Anubrata Mandal and I am simply quoting India TV( 11/08/22)  “Who is Anubrata Mondal: Bengal’s ‘Bahubali’ politician and trusted aide of Mamata. Mondal (62), who is presently TMC’s Birbhum district president and member of the party’s national working committee, rose to prominence in the 11 years of the TMC regime in Bengal, mostly for his audacious statements and browbeating”. Such types of leaders are dominating the TMC/AITC. While watching TV discussions, I observed some TMC representatives, refer to law and order or corruption cases of a few ‘BIMARU’ States but they should remember how the States, of the South of India, have been developing. Many persons from other parts of India including West Bengal for employment, medical treatment, and education are coming to the States of South India. Anyway, even some Calcutta High Court judges are also facing problems. Justice Rajasekhar Mantha and Justice Abhijit Gangopadhyay of Calcutta High Court were criticized by TMC leaders for their judgment. It seems some TMC leaders desired corruption, scams, etc., should not be highlighted by the judges. Recent incidents with Indian Secular Front (ISF) MLA, Naushad Siddique were very unfortunate and deplorable. It seems TMC  leaders do not want ISF should emerge as a big political party.   Lastly, my personal opinion is that among the Chief Ministers of West Bengal, the real and productive development took place during the legendary physician and the second Chief Minister of West Bengal, Dr. Bidhan Chandra Roy popularly known as Dr. B.C. Roy’s regime. He had done highly positive politics and developed the State as a sequel the State reached its zenith in those days. 

Dr Shankar Chatterjee, Hyderabad

Unfortunate happenings in West Bengal

After 34 years of Left –front rule (communist rule) in West Bengal a political change took place in 2011 in the State. The people of West Bengal expected lots of development from the new government under the leadership of Mamata Banerjee, the first woman Chief Minister of the State.   When I was in service (now retired Professor) in an organization of the Government of India for official and academic purposes I visited the State.  I observed serious unemployment, poverty, refugee issues, high density of population, low agricultural land holding, etc were the major issues in the State.  It is pertinent to mention that as per the ‘Refugee Relief and Rehabilitation Department of the Government of West Bengal, “the census figures show the number of refugees from East Pakistan in 1971 was nearly 6 million (60 lakh) and in 1981, the number was assessed at 8 million (80 lakh)”. Anyway, the people of West Bengal had lots of expectations from the present State Government but the loose -talk of some leaders, criticizing central leaders, scandals, etc., have lowered the image of the All-India Trinamool Congress (AITC/TMC). Indians always want to see a political leader should be free from all sorts of corruption and also from the loose talk. But under the AITC/TMC rule situation is different. 

I am pained to see the unfortunate happenings in the State because the State produced a number of great personalities, and great stalwarts in all the fields – cultural, religion, literature, science, and the freedom movement. The first case took place in 2014 June, “TMC MP Tapas Pal has threatened to kill opposition CPM workers and have their women raped if a single ruling party worker was attacked. The comments triggered an uproar and sparked condemnation by opposition parties with CPM demanding that the Lok Sabha Speaker take suo motu cognizance of Pal’s outburst and disqualify him. (The Times of India, 30/6/2014). Tapas Pal was a great actor and I had the opportunity to watch many movies acted by him but after such a statement I was dejected.   Another highly deplorable issue is that after the Assembly elections in West Bengal (2021), many violent incidents took place in different forms which did not happen recently in any State assembly elections but the worst things happened after the Assembly election in West Bengal. Now worst case in the State is the ‘Teachers recruitment scam’ which cannot be imagined in a culturally developed State like West Bengal. Thanks to Calcutta High Court otherwise probably 10th failed persons would have got teachers’ jobs by paying bribes to the ruling party leaders. I am presenting here a case, Trinamul Congress youth leader Kuntal Ghosh, who was arrested by the Enforcement Directorate (ED) on 21 January 2023, told media persons on Wednesday (25/01/23) that “he is confident that someday the masterminds of the scam will be arrested. Corruption is sky-high. Let there be a proper investigation and everything will be revealed. The names of the masterminds in the matter will surface. It will be revealed who is guilty and who is not. A grand conspiracy has been hatched in the matter, which is the biggest in recent times.  However, he did not specify who these ‘masterminds’ are” (The Statesman, 26/01/23).  It is pertinent to mention here that on 23 July 2022, former Education Minster of the State Partha Chatterjee was arrested by the Enforcement Directorate in connection with the alleged State School Service Commission (SSC) recruitment scam cases along with his aide actress Arpita Mukherjee. We all know crores and crores of rupees were recovered. Another corrupt leader of TMC is Anubrata Mandal and I am simply quoting India TV( 11/08/22)  “Who is Anubrata Mondal: Bengal’s ‘Bahubali’ politician and trusted aide of Mamata. Mondal (62), who is presently TMC’s Birbhum district president and member of the party’s national working committee, rose to prominence in the 11 years of the TMC regime in Bengal, mostly for his audacious statements and browbeating”. Such types of leaders are dominating the TMC/AITC. While watching TV discussions, I observed some TMC representatives, refer to law and order or corruption cases of a few ‘BIMARU’ States but they should remember how the States, of the South of India, have been developing. Many persons from other parts of India including West Bengal for employment, medical treatment, and education are coming to the States of South India. Anyway, even some Calcutta High Court judges are also facing problems. Justice Rajasekhar Mantha and Justice Abhijit Gangopadhyay of Calcutta High Court were criticized by TMC leaders for their judgment. It seems some TMC leaders desired corruption, scams, etc., should not be highlighted by the judges. Recent incidents with Indian Secular Front (ISF) MLA, Naushad Siddique were very unfortunate and deplorable. It seems TMC  leaders do not want ISF should emerge as a big political party.   Lastly, my personal opinion is that among the Chief Ministers of West Bengal, the real and productive development took place during the legendary physician and the second Chief Minister of West Bengal, Dr. Bidhan Chandra Roy popularly known as Dr. B.C. Roy’s regime. He had done highly positive politics and developed the State as a sequel the State reached its zenith in those days. 

Dr Shankar Chatterjee, Hyderabad

Don’t kill it

When you least expect it, Nature has cunning ways of findings our weakest spot. Just remember: I’m here. Right now you may not want to feel anything; may you never want to feel anything. And maybe it’s not me that you will want to speak about these things but, Feel something you did.
Look… You had a beautiful friendship, maybe more than a friendship, and envy you. In my place, most guardians would hope the…..

http://myblogbriefcase.blogspot.com/2023/01/dont-kill-it.html

You can read the whole blog on given link.

Stock market highlights. Will it crash?

Benchmark equity indices BSE Sensex and NSE Nifty extended their losses for the second straight session on 27th January amid heavy selling in index heavyweights including Reliance Industries, Adani Enterprises and Adani Ports among others. The 30-share index Sensex traded over 1,800 points down at 59,108  against the 60,978.75 mark on January 24, 2023. Likewise, the 50-share NSE Nifty index retreated more than 550 points to 17,566 from 18,118 during the same period.

Selloff in Adani Group companies’ stocks, that was triggered by the Hindenburg Research report, which disclosed that the company was short on Adani Group companies could be factor behind the market crash. Sentiments came under pressure after the United Nations on 25th January cut down India’s growth forecast by 20 basis points to 5.8 per cent for the ongoing calendar year due to higher interest rates and risks of recession in the developed world weighing on investment and exports.

If you wish to learn more about stock market, then explore wiki-360.com

What is options trading?

Photo by Ivan Babydov on Pexels.com

An investor’s portfolio consists of various financial instruments like stocks, exchange traded funds (ETFs), mutual funds and bonds. However, the Options are altogether different. Options are used in different ways depending upon investors’ goals and how they plan to use them. Investors often use options to reduce the risk associated with the stock they have in their portfolio. Similarly, others may use options to earn additional income. Most importantly, options provide an opportunity to traders or investors to benefit from the price movement without paying the full price of a security or taking delivery.

In India, the National Stock Exchange (NSE) launched index options on 4 June 2001, and stock options were launched on 4 July 2001. In the year 2020, NSE also surpassed America’s Chicago Mercantile Exchange to become the world’s largest derivatives market exchange by volume.

What are options?

Options are defined as derivatives instruments that enable the buyer (holder or owner) of the instrument to buy or sell the underlying asset. The right to buy or sell is without any obligation. The seller of the option is, however, obligated to buy or sell, should the buyer exercise his or her right. 

Simply put, option trading includes: 

  • A right to buy or sell, but not an obligation
  • Buy or sell at predetermined price
  • Buy or sell on or before predetermined date

Types of options

There are two types of options: Call and Put. A call option gives the buyer the right to “buy” the underlying security but not the obligation to do so at a predetermined price and date. A put option gives the buyer the right to “sell” the underlying security but not the obligation to do so at a predetermined price and date.

How does options trading work?

Before we come to the options trading guide, a beginner must understand the two essential derivativesconcepts — long and short. When a trader goes long on an index or a stock, it means he or she believes that the price of the underlying will increase. On the contrary, if the trader goes short on any index or a stock, it means he or she believes that the price of the underlying will fall.

Stock market highlights. Will it crash?

Benchmark equity indices BSE Sensex and NSE Nifty extended their losses for the second straight session on 27th January amid heavy selling in index heavyweights including Reliance Industries, Adani Enterprises and Adani Ports among others. The 30-share index Sensex traded over 1,800 points down at 59,108  against the 60,978.75 mark on January 24, 2023. Likewise, the 50-share NSE Nifty index retreated more than 550 points to 17,566 from 18,118 during the same period.

Selloff in Adani Group companies’ stocks, that was triggered by the Hindenburg Research report, which disclosed that the company was short on Adani Group companies could be factor behind the market crash. Sentiments came under pressure after the United Nations on 25th January cut down India’s growth forecast by 20 basis points to 5.8 per cent for the ongoing calendar year due to higher interest rates and risks of recession in the developed world weighing on investment and exports.

If you wish to learn more about stock market, then explore wiki-360.com

What is options trading?

Photo by Ivan Babydov on Pexels.com

An investor’s portfolio consists of various financial instruments like stocks, exchange traded funds (ETFs), mutual funds and bonds. However, the Options are altogether different. Options are used in different ways depending upon investors’ goals and how they plan to use them. Investors often use options to reduce the risk associated with the stock they have in their portfolio. Similarly, others may use options to earn additional income. Most importantly, options provide an opportunity to traders or investors to benefit from the price movement without paying the full price of a security or taking delivery.

In India, the National Stock Exchange (NSE) launched index options on 4 June 2001, and stock options were launched on 4 July 2001. In the year 2020, NSE also surpassed America’s Chicago Mercantile Exchange to become the world’s largest derivatives market exchange by volume.

What are options?

Options are defined as derivatives instruments that enable the buyer (holder or owner) of the instrument to buy or sell the underlying asset. The right to buy or sell is without any obligation. The seller of the option is, however, obligated to buy or sell, should the buyer exercise his or her right. 

Simply put, option trading includes: 

  • A right to buy or sell, but not an obligation
  • Buy or sell at predetermined price
  • Buy or sell on or before predetermined date

Types of options

There are two types of options: Call and Put. A call option gives the buyer the right to “buy” the underlying security but not the obligation to do so at a predetermined price and date. A put option gives the buyer the right to “sell” the underlying security but not the obligation to do so at a predetermined price and date.

How does options trading work?

Before we come to the options trading guide, a beginner must understand the two essential derivativesconcepts — long and short. When a trader goes long on an index or a stock, it means he or she believes that the price of the underlying will increase. On the contrary, if the trader goes short on any index or a stock, it means he or she believes that the price of the underlying will fall.