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Market may fall drastically if govt. falls 2008-07-19 03:12:00 Next week especially Monday, Tuesday is very important from the Indian politics perspective as no one knows the outcome and in such case any big commitment can make profit or losses in market,`` said technical analyst, Vishwas Agarwal.``The number game (272 seats) in parliament is neck to neck and the clear picture will come out only after the outcome of confidence motion,`` Agarwal said.Agarwal e Read more:Market
How long will a bear market last? 2008-07-18 08:01:00 Author: P.V. Subramanyam Are we in a bear market?Well I do not know. But surely the index is a far cry from 21,000 index that we had seen earlier this year. Is this the first time that we are going through a bear market in India? The answer is a mixed one. It is a no if you consider that 1993, 1997, 2001-2, etc. However, there is a big difference. This is the first time when there is a huge sales
Investors can buy selectively in small lots. 2008-07-18 07:57:00 P.K. Agarwal, president - research, Bonanza Portfolio said, Indian markets opened on a positive note. After trading flat with positive bias for first 2 hours, a nice rally developed.Nifty went to a high of 4,110 and closed near the high at 4,092. Banking and Reality sectors were the best performers.Buying was also seen in ICICI Bank, HDFC, HDFC Bank and Bharati Airtel.However, IT sector, Satyam, R Read more:Investors
Sensex ends up 523.55 pts, breaches 13,500 mark. 2008-07-18 07:51:00 Market maintained its rally for the second consecutive day, supported by lower than expected inflation figures and weakening crude oil prices. The tremendous rally was led by banking, realty, power, oil, FMCG stocks. BSE Midcap and Smallcap index rose 1.63% and 1.08% respectively. ICICI Bank, HDFC, HDFC Bank, Jaiprakash Associates, Bharti Airtel, were the major contributors, which led the rally.T Read more:breaches
Buy in dips and book profit at sharp rise 2008-07-18 03:33:00 Technical analyst, Vishwas Agarwal said, As a result of further drop in crude prices global market is somewhat relieved. Whereas in India, market is in over sold zone due to that some sectors jumped but still confidence motion on nuke deal is pending. So market will remain volatile.``Due to announcement of corporate quarterly results, confidence motion and credit policy, there will be high volatil Read more:profit
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A Penny Stocks to invest for as of now. 2008-07-17 06:05:00 According to my knowledge L&T from CMP 2400Rs. Cannot become 4800Rs. in just 2 months. But Penny
stocks have done so as many of the stocks have rallied from 2 Rs to 30 Rs in a period of one year.At present I think a penny stocks are a must buy.Scrip:- Facor Alloys.BSC code : - 532656.CMP:- Rs. 9.35Tgt:- Rs. 17Time Frame:- 6-8 Months.FACOR was founded in 1956 which put the new industrial town o Read more:Stocks
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Stocks to watch today. 2008-07-15 23:06:00 Following stocks are likely to be in the limelight today, July 16.Larsen & Toubro (L&T) plans to form a Rs 20 billion forging venture with Nuclear Power Corporation of India (NPCIL), reports Business Standard. NPCIL is in negotiations with L&T for the last few months for setting up a new venture. Shares of the company fell Rs 111.95, or 4.68%*.Jubilant Organosys reported a robust growt Read more:Stocks
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Brokers` outlook: Nifty may fall below 3,800. 2008-07-15 04:46:00 Alex Mathew, head - research centre, Geojit Financial Services said, ``We had seen a choppy session with Nifty ending in red at 4,039.7, losing 0.23%. The culprits for the fall today were IT counters of which Infosys, Satyam, TCS and Wipro faced heavy bull liquidation due to fear of slow down in these sectors. The situation was further dampened after the forex losses revealed by the company. This Read more:Brokers
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Markets closes in negative amidst volatility. 2008-07-14 07:46:00 Indian equities closed in negative amid volatility. Heavy selling activity was witnessed in Pharma, technology, FMCG, while Auto, Oil & Gas and Metal stocks gained. Midcap and Smallcap index declined 0.64% and 1.10% respectively.The BSE Sensex opened on a negative note, following weak global cues, at 13,360.34, down 109 points from the Friday`s close.Ranbaxy, Satyam, Infosys, TCS, HDFC, Hindal Read more:Markets
Inflation soars to a fresh high of 11.89% on rising prices. 2008-07-11 07:00:00 Inflation raced to a fresh
high of 11.89 per cent for the week ended June 28, 2008, on the back of surging food and commodity prices. Food products rose 0.3 per cent and primary articles were up 0.9 per cent. Likewise, vegetables were up 3.7% and chemicals and products rose 1.2 per cent. However, iron and steel fell 1.4 per cent and fuel remained unchanged. Inflation trend continues to remain h Read more:Inflation
Choppsy Trade as techs decline. 2008-07-11 06:59:00 Trade turned choppy with declines outnumbering advances, as the market reacted to Infosys Technologies results and higher inflation data. Industrial production data, also expected soon, is also keeping investors guessing. Meanwhile, crude is back on the trot, keeping markets across Asia under pressure. Traders were also seen going short on IT stocks after Infosys Technologies posted qua Read more:Trade
Equity market still the favourite for investors. 2008-07-11 06:57:00 The equity market is in the doldrums and a recovery looks some way off. But most institutional investors appear to favour this risky asset class over relatively safer fixed income debt instruments. At least, that seems to be the case among holders of foreign currency convertible bonds (FCCBs), who have decided to exercise the option of converting their bonds into shares, instead of redeeming the i Read more:Equity
Infosys Q1 net profit up 22.76% YoY, 6.76% QoQ 2008-07-11 06:55:00 Infosys Technologies Ltd on Friday said it has posted a net profit
of Rs 1,262 crore for the quarter ended June 30, 2008, on standalone basis, up 22.76 per cent compared to Rs 1,028 crore for the quarter ended June 30, 2007. Total income increased 22.09 per cent to Rs 4,647 crore in the April-June quarter of 2008, from Rs 3806 crore in the year ago quarter. Sequential The IT bellwether’s Jun Read more:Infosys
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Political uncertainty a bad omen for economy 2008-07-08 07:46:00 The current bout of political uncertainty in India would not have come at a worse time, with experts hoping the stalemate would be over soon and help check inflation. Experts feel the government is not able to concentrate on the economic situation arising out of zooming inflation that hit a 13-year high of 11.63 percent for the week ended June 21. India's headline inflation has shot up by over Read more:economy
SIP - What is it ? 2008-07-05 22:29:00 Market may go UP or DOWN, do not shy away from equities..... Invest through Mutual Funds Systematic Investment Plan Systematic Investment Plan (SIP) is a feature especially designed for investors who wish to invest smal
If you died tonight, what will your family do? 2008-07-04 11:42:00 If you died tonight, what will your family do? Does your family really need a crore rupees on your death? When I suggested Rs. 1 crore as sum assured for a customer, this was his instant reaction. Typical of us, I thought. When a sales person gives us a product/scheme our first thought goes to the 'commission' he or she makes. I keep wondering why. Even our vegetable vendor ha
Equities End Lower as Oil hit new high. 2008-07-03 05:59:00 Equities gave away most of overnight gains on Thursday to end lower as investors resorted to profit booking after oil touched new peaks. Realty metals and banks were the worst performers.Bombay Stock Exchange’s Sensex closed at 13,056.74, down 607.88 points or 4.45 per cent. The index touched a high of 13,530.68, and low of 12,934.92.National Stock Exchange’s Nifty ended at 3,920.45, down 172. Read more:Equities
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Sensex Ends Higher Up 702 2008-07-02 07:58:00 After a session of wild gyrations, bulls were back with a vengeance, covering short positions. The realty pack was in demand after being in the dumps in recent weeks. Sentiment got a lift after realty major DLF said it will consider a share buyback on July 10. All sectoral indices, barring FMCG, posted significant gains.Bombay Stock Exchange's Sensex ended 5.51 per cent or 714.62 points at 13,676. Read more:Higher
New NFO - Mirae Asset Global Commodity Stocks Fund. 2008-06-28 03:10:00 Mirae Asset
– Asia's Leading Asset Management Group has Launched India's First GlobalCommodityStocks
Fund NFO "Mirae Asset Global Commodity Stocks Fund" v Investment Objective : The investment objective of the scheme is to generate long term capital appreciation through an actively managed portfolio investing in equity and equity related securities of companies that are e
Investing In Gold. 2008-06-26 06:27:00 People like the look of gold, and they'll do what they can to get it. Even though it costs more now, people still want it. If you're interested in investing in gold, do some research before you shell out the money for it.Here's some things you should know before you take that big, financial leap:In addition to gold coins, there are different ways that you can you can invest.You can use metals, mut Read more:Investing
Indian Entertainment & Media Industry. 2008-06-21 23:43:00 Fact file on Indian Entertainment
Industry: -India has largest selling newspaper in the world - Dainak Jagran.India has the largest selling English newspaper in the world - The Times Of India.India produces largest no. of films in the world.India Buys largest no of movie tickets.India has the 3rd largest cable TV homes in the world.But the ad spend to GDP in India is less than half of world averag
Seven Ways To Survive The Stock Markets Correction. 2008-06-21 05:15:00 Global markets all have corrected lately. Irrespective of which market you are investing in, you would have been affected by the recent volatility. You could be an investor in America, India, China, Korea or anywhere else in the world- your situation would be pretty much the same. Many of you who are new investors might have entered panic mode, where you are unable to relax and have lots of stress Read more:Markets
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Inflation at 11.05% at 13 years high. 2008-06-20 07:20:00 Fuelled by increase in petroleum product prices, the wholesale price index (WPI)-based inflation rate soared to 11.05 per cent for the week ended 7 June as compared to 8.75 per cent in the previous week. Inflation
rate stood at 4.28 per cent for the corresponding week in the previous year. During the week the index for fuel group rose 7.8 per cent due to higher prices of petrol (11 per cent), ligh
Markets on 20th June. 2008-06-19 23:03:00 Markets expected to open higher due to global cues.US markets up Nasdaq up 32 points Dow up 30 points.Hang Sang up 415 points. Chinas market up by 4.51%We expect a gap up opening.Nifty should maintain the range of 5400.Poll expects inflation data to be in double digits.Stocks to look out for today is Praj Ind.Tgt of 199.70 , 201.50 , 203.60Use stop loss of 193.90Happy Investing. Read more:Markets
Karuturi Global - A Report. 2008-06-18 23:41:00 Incorporated in 1994-95, Karuturi Global
Limited is engaged in three businesses: floriculture, processing foods– gherkins, and information technology. The company was initially set up as Karuturi Floritech inDoddaballapur, near Bangalore with an annual capacity to process 12 million premium cut roses at its state-ofthe-art facilities.Promoted by Ramakrishna Karuturi, the company has set up a who
Stock Idea - Marksans Pharma. 2008-08-03 03:09:00 Scrip : - Marksans Pharma
.BSE Code: - 52440452 Week H/L:- 35.16 / 4.51CMP: - 20.00Target : - 30 Medium term.Market Cap: - 718.80 Cr.Summary.Markets have crashed considerably and so has this scrip. This stock had split in Feb 08 in 1:10 ratio. History - TASC Industries (India) Ltd. was incorporated on 16th April 1992 as a Public Limited Company under the Companies Act 1956 at Bombay in the state of Read more:Stock
Weekly Stock Market Forecast - 4th Aug - 8th Aug 2008-08-03 03:07:00 Last week, the Reserve Bank of India (RBI) took everyone by surprise by a 50 basis points (bps) and 25 bps hike in the repo rate and the cash reserve ratio (CRR) respectively taking each to 9% and it left the reverse repo and bank rates unchanged. Thus, even when the terror strikes (serial bomb blasts) failed to have any major impact on market sentiments, the markets reacted in a knee jerk manner Read more:Stock
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IPO Analysis Note - Nu Tek India Ltd. 2008-08-01 06:17:00 Price Band: Rs 170 - Rs 192Issue Size : Rs 765 million – Rs 864 millionIssue opens-closes : 29th July – 1st August 2008Listing : BSE, NSENu Tek India
Ltd, is a Gurgoan based telecom infrastructure services provider that offers infrastructure roll-out solutions to wireless and wire line telecommunications networks. The company offers services to Telecom Equipment manufacturers, Telecom Operator Read more:Analysis
RBI Hikes CRR And The REPO RATE. 2008-07-29 06:19:00 The Reserve Bank of India (RBI) today announced a 25 basis points hike in the cash reserve ratio (CRR) and a 50 basis points hike in the repo rate, both rates will be up to 9%.The rate hikes were announced in the First Quarter Review of Annual Statement on Monetary Policy for FY09 presented by RBI Governor Y Venugopal Reddy.Highlights: Bank Rate kept unchanged Reverse Repo Rate under LAF kept
Investing in profits. 2008-07-28 03:56:00 One of the biggest mistake people do is investing when the markets are too high and cry when the markets come down. My suggestion is that investing sensibly when ever does makes sense. Most of the people before entering the stock markets think by investing they will become millionaire and billionaires. But this is not the case. Stock markets are volatile and people with soft hearts should be away Read more:Investing
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