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REPAKA PAVAN ADITYA

Stocks and Mutual Funds Research Analyst

I manifest my zeal in financial qualitative & quantitative research and have been instrumental in creating a robust process for the evaluation and monitoring of mutual funds. I’m responsible for Equity and Mutual Funds Research while creating instrumental mathematical models for portfolio construction after evaluating funds, and I play an integral role in analyzing changes in mutual funds, micro, and macro-economic indicators, and equity market events and trends. My views on asset classes which are integral in creating an investment strategy for any profile. With over 5 years of market experience in the field of Financial Markets specifically product research and development.

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The latest articles by REPAKA PAVAN ADITYA


Today's Gold Rate in Chennai
Updated on Jul 23rd, 2026 | 19 min read

How is Gold Price Calculated in Chennai?The number you see quoted as the "24K gold rate in Chennai" is a base figure. It does not include making charges or the taxes that get added at billing. Here is how the calculation actually works behind that number:Base Gold Price: Taken from IBJAGST: Add 3% GST on the gold value plus duty.Purity Adjustment: 24K is 999 purity, which means it is almost entirely pure gold.GST on making charges: Charged at 5% as per current rules.22K = 916 purity, roughly 91.6% of the 24K price.18K = 750 purity, roughly 75% of the 24K price.Example: If 24K gold is Rs 14,750 per gram in Chennai, then:22K rate = Rs 13,510 per gram18K rate = Rs 11,060 per gramThe jeweller's charges for design work and labour are always separate. They are never included in the base rate that gets displayed on the board or online.Average Gold Making Charges in ChennaiMaking charges in Chennai typically range between 6% and 20% of the gold value, or a fixed charge per gram, depending on the jewellery design, craftsmanship, and the jeweller. Traditional South Indian temple jewellery and bridal collections generally attract higher making charges due to their intricate artistry, while simple machine-made ornaments cost less.Jewellery TypeTypical Making Charges (%)Typical Fixed ChargesChains (Thaali, Daily Wear)6–10%₹200–600 per gramBangles & Bracelets6–12%₹300–800 per gramRings8–15%₹400–900 per gramTemple Jewellery12–20%₹700–1,500+ per gramBridal Jewellery Sets10–20%+₹800–1,800+ per gramDiamond / Studded Jewellery (18K)10–18%Additional stone-setting charges applyHow to Check Gold Purity in ChennaiChennai has one of the most active gold markets in the country, which also means buyers need to be careful about purity.


Non Convertible Debentures (NCD): Meaning, Taxation, Interest Rate, Example
Updated on Jul 22nd, 2026 | 21 min read

Non-Convertible Debentures (NCDs) are fixed-income instruments where investors lend money to companies in exchange for regular interest payments and principal repayment at maturity. They are commonly used by companies to raise funds and by investors to earn stable returns.What Are Non-Convertible Debentures (NCDs)?NCDs are like loans you give to a company. In return, the company pays you interest regularly, every month, every three months, every six months, or once a year. When the NCD reaches its end date (called maturity), you get back the money you invested plus any final interest. Companies issue NCDs to raise capital for business needs, such as building factories or expanding operations. In India, these NCDs are regulated by the Securities and Exchange Board of India (SEBI), which ensures companies follow rules to protect investors.


Today's Gold Rate in Bhopal
Updated on Jul 21st, 2026 | 14 min read

What Affects the Gold Rate in Bangalore?If you’re a Bangalorean planning to buy gold for a wedding, festival, or investment, you’ve probably noticed how the gold rate in Bangalore fluctuates almost daily. The headline “24K gold price Bangalore today” you see on apps or shop boards is never just a random number; global and local forces shape it.1) International Gold PricesBangalore’s gold rate closely tracks the London Bullion Market Association (LBMA) price in USD per ounce. When global investors rush to gold during crises or rate cuts, the international price shoots up, and so does your local 24K rate within minutes to hours.2) Rupee-Dollar Exchange RateIndia imports nearly all its gold. A weaker rupee (higher USD/INR) instantly makes every gram costlier in Bangalore. Even a ₹1–2 movement in the dollar can add ₹50–100 to the 22K gold price in Bangalore.


Today's Gold Rate in Ahmedabad
Updated on Jul 21st, 2026 | 16 min read

In Ahmedabad, gold is deeply integrated into daily life, functioning not merely as an occasional luxury but as a consistent practice. The city, shaped by generations of trading and business expertise, regards gold as more than ornamental jewellery. It serves as a form of savings, a symbol of security, and a marker of social status. Local traders and homemakers routinely monitor daily gold prices, reflecting the metal's pervasive economic and cultural significance.What Affects the Gold Rate in Ahmedabad?Gold prices in Ahmedabad are influenced by a combination of global and domestic factors. Since India imports most of its gold, the city's gold rate closely follows international prices set by the London Bullion Market Association (LBMA).


Today's Gold Rate in Hyderabad
Updated on Jul 20th, 2026 | 15 min read

The gold rate in Hyderabad today changes daily based on global prices, the rupee's value, and strong local demand. Staying updated helps you buy gold at the right time and price.What Affects the Gold Rate in Hyderabad?Hyderabad has always had a strong connection with gold. Between the Nizam heritage, a thriving IT economy, and families that treat gold as a non-negotiable part of weddings and milestones, the city sees heavy gold activity all year. The rate on a jeweller's board in Abids or on a tracking app changes almost every day. That number is not random. It is shaped by a set of global and local forces that are worth understanding before making any purchase.1) International Gold PricesGold prices in Hyderabad start with a global benchmark.


Today's Gold Rate in Delhi
Updated on Jul 20th, 2026 | 16 min read

The gold rate today in Delhi fluctuates due to global gold prices, import duties, and market demand. Checking today's gold price in Delhi helps buyers and investors make informed decisions.What Affects the Gold Rate in Delhi?Delhi is one of the biggest gold markets in India, and prices change almost every day. Whether you’re buying for a wedding, a festival, or investment, the rate you see is influenced by both global trends and local factors.1) International Gold PricesEvery gold rate quoted in Delhi traces back to a global figure. The London Bullion Market Association publishes a daily benchmark in US dollars per ounce. This is the reference that markets worldwide follow. When stock markets fall, when geopolitical conflicts escalate, or when major central banks signal policy changes, global investors redirect capital into gold.


Today's Gold Rate in Bangalore
Updated on Jul 20th, 2026 | 14 min read

The gold rate today in Bangalore depends on international bullion prices, currency movements, and local demand. Tracking daily rates helps you plan purchases and investments better.What Affects the Gold Rate in Bangalore?If you’re a Bangalorean planning to buy gold for a wedding, festival, or investment, you’ve probably noticed how the gold rate in Bangalore fluctuates almost daily. The headline “24K gold price Bangalore today” you see on apps or shop boards is never just a random number; global and local forces shape it.1) International Gold PricesBangalore’s gold rate closely tracks the London Bullion Market Association (LBMA) price in USD per ounce. When global investors rush to gold during crises or rate cuts, the international price shoots up, and so does your local 24K rate within minutes to hours.2) Rupee-Dollar Exchange RateIndia imports nearly all its gold. A weaker rupee (higher USD/INR) instantly makes every gram costlier in Bangalore.


Bearish Engulfing Pattern: Meaning, Examples, Indicators, How to Trade
Updated on Jul 20th, 2026 | 10 min read

The Bearish Engulfing Pattern is one of the most widely used candlestick patterns for identifying a potential shift from bullish to bearish. By understanding how it forms, when it appears, and how to confirm the signal, traders can better identify possible selling opportunities and make more informed trading decisions. Key highlights:Bearish Engulfing Pattern is a reversal pattern formed of two candlesticks that indicates a bearish reversal after a price rise.The reliability of this pattern can be strengthened by technical analysis that supports its occurrence, such as high trade volume, RSI, or moving averages.Traders use the Bearish Engulfing Pattern to identify trend reversals, plan trade entries and exits, and improve risk management.What is the Bearish Engulfing Pattern?The Bearish Engulfing Pattern comprises two candlesticks and is a reversal pattern that occurs after an uptrend, indicating that bullish momentum may be weakening. It is formed by a large Bearish candle that engulfs the body of the previous smaller bullish candle.This formation implies that sellers have taken the driving seat in the market, making a price drop even more likely. However, an action is bound to follow only after traders receive confirmation.Examples of Bearish Engulfing PatternThe Bearish Engulfing Pattern can be seen in different time frames and markets. It shows that a reversal may be on the way.


What Happens When a Company Gets Delisted?
Updated on Jul 20th, 2026 | 14 min read

Delisting is the process of removing a company's listed shares from the stock exchange by ending its public trading perminantly. While the company is no longer listed, shareholders retain ownership of their shares. Understanding the reasons, process, and impact of delisting can help investors make informed decisions.Key Highlights:Delisting refers to the process of a company being removed from a recognised stock market, either of its own volition or for refusing to comply with regulations.With delisting, shareholders may either accept the offer and receive payment or keep their stock, even though they will no longer be able to trade it. Delisting affects how shareholders can sell, hold, or transfer their shares after the company is delisted from the stock exchange. What is Delisting?Delisting is the process of removing a company's shares from a recognised stock exchange, such as the NSE or BSE. Once a company is delisted, its shares can no longer be bought or sold on that exchange.A company may choose to delist voluntarily, or it may be removed by the stock exchange if it fails to meet regulatory or listing requirements. Although trading on the exchange stops after delisting, shareholders are generally given an exit opportunity in accordance with SEBI regulations, depending on the type of delisting.Example: Suppose XYZ Ltd.


Market Capitalisation: Definition, Types, & How to Calculate?
Updated on Jul 20th, 2026 | 9 min read

Market capitalisation can also be considered the overall value of a company’s outstanding shares. The market cap is calculated by multiplying the CMP by the total shares. So let us understand further what Mcap is, how to calculate it, the formula, types, etc.Key Highlights:Market capitalisation is calculated by multiplying the current market price (CMP) by the total number of readily available shares.Companies are then categorised into three segments of large-cap, mid-cap, and small-cap based on their level of market capitalisation. The Market Capitalisation-to-GDP ratio is used to gauge whether the overall stock market is undervalued or overvalued. What is Market Capitalisation?Market capitalisation, commonly known as market cap, is the total market value of a company's outstanding shares. It represents what the stock market believes a company is worth at a given point in time based on its current share price.Investors leverage it to make peer comparisons, evaluate the company's market position, and categorise it as large-cap, mid-cap, or small-cap. Although it does not reflect actual book value, it offers a quicker view of how it is perceived in the market.How to Calculate Market Capitalisation?One can calculate market capitalisation by multiplying the current share price by the total number of outstanding shares.Formulae: Market Capitalisation (MCAP) = CMP x Total Number of OutstandingLet's understand the formulae with the help of some examples,Example 1: If a company has three crore outstanding shares, and each share’s CMP is Rs 300, the company’s market capitalisation would be3,00,00,000 x 300 = Rs 900 crore.Example 2: If a company has two crore outstanding shares, and the CMP of each share is Rs 200.


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