tag:blogger.com,1999:blog-69486800203607110522011-11-27T15:47:20.044-08:00If stock market experts were so expert, they would be buying stock, not selling advice. Norman Augustine US aircraft businessman (1935 - )Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.comBlogger431100tag:blogger.com,1999:blog-6948680020360711052.post-54186064907391101142008-06-12T08:00:00.000-07:002008-06-12T08:03:53.487-07:00

Repo Rate hike, has come at the most inappropriate time. Some observers were unperturbed as the hike was only marginal – 25 bps – and the market had foreseen this as coming. But, I feel, investors would take it negatively as there is no certainty that there would be no further monetary tightening. From whatever economic data we are getting, it is becoming clear there would be more monetary

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com41tag:blogger.com,1999:blog-6948680020360711052.post-43140167204641511732008-06-12T07:57:00.000-07:002008-06-12T07:59:46.244-07:00

The Reserve Bank of India (RBI) has lent another blow by increasing the Repo Rate by 25 basis points (bps).This will lead to further increase the interest rate which, in turn, will accentuate the industrial slump, more markedly in certain loan-dependent sectors like realty and automobile.RBI traditionally likes to surprise, particularly with the timing of its rate changes, and the latest move is

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com1tag:blogger.com,1999:blog-6948680020360711052.post-9244055204379304222008-06-12T07:55:00.000-07:002008-06-12T07:57:10.828-07:00

The Indian stock market finds itself in an unenviable position, where nothing is going right – be it the heavy FII offloading, mounting oil prices, creeping inflation or the unmistakable signs of a growth slump. As a result, the sensitive index is responding to every bit of unwelcome news, leaving investors and market watchers in a fix on when this uncertain phase would end and indices would

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-4816793646582846972008-04-25T03:01:00.000-07:002008-04-25T03:09:18.608-07:00

Is optimism returning to Dalal Street? Last week the market had managed to remain in a positive territory. The Sensex witnessed a continuous upward movement for six trading sessions despite the fact that RBI had hiked the CRR by 50 basis points. So what does it indicate? Confidence among investors on the rise?Though not very significant, people on the street sound more upbeat and the level of

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-77222164998132176882008-04-19T01:48:00.000-07:002008-04-19T01:51:02.366-07:00

I think in the short term there are three things which will guide the market. 1. First, the inflation numbers and the monetary policy. One should now be prepared to face some monitory tightening. Although it was not on the cards two months ago, many analysts have discounted the same at present. Though RBI ups CRR by 50 BPS, but there is no consensus on market trading negatively due

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-18628172225867983582008-04-16T05:56:00.000-07:002008-04-16T05:59:13.477-07:00

Frontline stocks pared away gains but closed slightly higher Wednesday as investors booked profits ahead of inflation data to be released tomorrow. Counters in BSE IT index continued upward journey while BSE Capital Goods Index stocks ended in the red. Tier II and III stocks outperformed the benchmarks. BSE Midcap Index ended 1.43 per ent higher at 6699.10 and BSE Smallcap Index advanced

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-10841651740733126972008-04-16T05:52:00.000-07:002008-04-16T06:07:46.508-07:00

Inflation in India and other developing countries is not a monetary phenomenon and cannot be curbed by monetary policy.For Complete Article Click Here

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-9119428166064768142008-04-10T11:52:00.000-07:002008-04-10T11:53:55.508-07:00

Source: Flash News Vol. 24 No - 02; Date April 14 2008

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-8970520136578260792008-04-10T11:51:00.000-07:002008-04-10T11:52:45.934-07:00

Source: Flash News Vol. 24 No - 02; Date April 14 2008

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-91060952411462246132008-04-10T11:46:00.000-07:002008-04-10T11:51:04.725-07:00

Source: Flash News Vol. 24 No - 02; Date April 14 2008

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-34998047503343504112008-04-10T11:32:00.000-07:002008-04-10T11:36:00.340-07:00

This is a micro theme market where one needs to discover niche ideas and ride on them for good gains. At the current level, long-term investors can take exposure to the rate insensitive sectors like FMCG, Pharma and Telecom for their defensive appeal. They are also not exposed to moderation in global growth. In addition to these sectors, there is some positive story building up in the agri

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-47794814391687292872008-04-10T11:30:00.000-07:002008-04-10T11:32:31.180-07:00

Is the bull market over? Is this a bear market? When will the market bottom out? Is the India story intact? How severely will inflation and interest rates impact growth? How long will it take for the US to sort out its mess? The questions are many. And the effort is on to find answers to all of them. They are all good stuff for academic debates but hardly of any interest to a serious investor who

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-12177192822451316072008-04-10T11:29:00.000-07:002008-04-10T11:30:13.659-07:00

These days at Dalal Street, the nerve centre of Indian capitalism, there is hardly any exuberance. The mood among investors on the street is one of withdrawn. It is just 'flat'. When you observe the market these days, you find it up by certain points in one day, but on the very next day it is down by similar points. We have seen it happening day after day in the last couple of months. Call it a

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-10720574332404557752008-04-10T11:22:00.000-07:002008-04-10T11:25:59.117-07:00

Expect the market to remain dull for a few more day as no one would like to take exposure just ahead of the result season. In the past week, market has witnessed very low volumes and I feel the scenario to remain the same in coming week also. But in the coming week, investor-focus is likely to shift to the quarterly earning which will provide actual figures and could trigger the market positively

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-42502689558303199472008-04-10T11:18:00.000-07:002008-04-10T11:22:24.444-07:00

There is some good news for IPO subscribers as they may no longer have to wait for weeks for a refund if they fail to get an allotment in an IPO. As banks would block the full application amount for the total value of the shares applied for in the investor's account till the shares are allotted. The proposed move would come as a relief to investors who face liquidity crunch as their investment

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-6555801769111440672008-04-10T11:15:00.000-07:002008-04-10T11:18:13.958-07:00

The result season is around and companies are expected not only to announce the full-year results but they will also announce targets and estimates for the next year. Infosys Technologies, which sets the tone for other companies to set the estimates, will announce the results on April 15. So I believe that it will be better for short term investors not to increase their exposure to the market

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-22708437470536508312008-04-10T11:13:00.000-07:002008-04-10T11:15:23.298-07:00

Although negative news keep flowing from the US, on the domestic front the street seems to be getting cautious on growth expectations of FY09E from the India Inc. Looking at the advance tax figures, estimates for the FY08E were revised up marginally by many analysts. But the problem is the same enthusiasm has not been retained for the growth rate in FY09. Consequently, street expectations for

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-41539129028661178532008-04-10T11:06:00.000-07:002008-04-10T11:10:51.713-07:00

Source: Flash News Vol. 24 No - 02; Date April 14 2008

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-73105321926398699502008-04-09T00:38:00.000-07:002008-04-09T00:43:00.108-07:00

12:30 pm: The markets have given most of its gains and are trading flat amid choppiness. Buying support is seen from capital goods, power, metal, oil and banking stocks. Midcaps and small caps are trading higher with a gain of over 1%. Realty, FMCG and auto stocks are under pressure. Market breadth is positive, nearly 3:1. On the global front, Asian markets were trading lower, Shangha is down 5%.

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-45085295173905558392008-04-08T05:13:00.000-07:002008-04-08T05:18:55.366-07:00

Tracking overseas losses, Indian equities ended on a negative note Tuesday after a sharp run-up in the previous session. Capital goods and metals sagged the most while banking shares managed to end in the positive zone.Bombay Stock Exchange's Sensex settled 1.23 per cent or 194 points lower at 15,563.04 from the low of 15,479.42. The high was 15,770.40.National Stock Exchange's Nifty slipped

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-5963434841407628972008-04-08T04:58:00.001-07:002008-04-08T05:06:09.122-07:00

India's capital market intermediaries and issuers needed to get the pricing of financial instruments right and take their own lead, capital market players said at an industry conference on Tuesday."The market has lost the ability to price anything with confidence," R Ravimohan, MD & regional head, South Asia, of rating agency Standard & Poor's said at a seminar.Pricing of a financial instrument

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-60884468110819517682008-04-07T03:59:00.000-07:002008-04-07T04:26:36.901-07:00

Benchmark indices closed higher on Monday in a pullback rally, supported by firm global cues. Banking and FMCG stocks were the major gainers. Bombay Stock Exchange’s Sensex closed at 15,781.99, up 2.86 per cent or 439 points from Friday’s close. It touched a high of 15,851.88 and low of 15,321.56 intraday. National Stock Exchange’s Nifty advanced 121.05 points or 2.60 per cent to end at

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-89104032868211703522008-04-04T07:14:00.000-07:002008-04-04T07:16:58.906-07:00

Inflation has hit a 3-year high and stands at 7% versus 6.68% for the week ended March 22. The market had estimated it at 6.52%. The vegetable prices are up 4.9% for the week-ended March 22; while the primary articles WPI (Wholesale Price Index) is 1.8% for the same week end. The minerals WPI is up 38.2%, while the metallic minerals WPI is up 42.8% for the week-ended March 22. The

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-78328332297736224552008-04-04T03:04:00.000-07:002008-04-04T03:06:16.993-07:00

The markets have taken a knock back approach after inflation numbers announcement, which are high by quite a percentage points as against earlier numbers of 6.68%.Today it touched a 7% mark, which is ahead of market expectations of 6.52%. Capital Goods, technology, auto, banking, power and telecom stocks have hit hard. Market breadth is negative with ratio of 1:3 as 318 shares have advanced while

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-30962934111618815342008-04-04T02:47:00.000-07:002008-04-04T02:51:21.515-07:00

Negative news flow of rising inflation and due to which, experts expecting the monetary tightening by increasing CRR further have weighed heavily on markets, which slipped further; Sensex was down over 450 points and the Nifty down over 120 points. Capital Goods and banking stocks have hit badly. Market breadth is negative - 1:4 as 245 shares have advanced while 964 shares declined. On the global

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-37548629312197577892008-04-04T02:28:00.000-07:002008-04-04T02:37:31.590-07:00

The BSE Sensitive Index has moved on expected lines, has collapsed again to stage a smart recovery but needless to say that this hesitant recovery this time around has been on slightly better volume while the negative bias refuses to go away obviously influenced by weak US markets. The Sensex has received significant amount of support in the proximity of 14600 – 14700 to recover again and

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-89551206768701070122008-04-03T07:19:00.000-07:002008-04-03T07:21:55.743-07:00

The reality continues to be grim for the market and for the economy. The flow of unfavorable news kept the BSE sensitive index volatile through the week. As soon as the market discounts one bad news and makes a recovery, there comes another one almost wiping off the little gain that the market managed to achieve. This has made investors lose confidence in the market and their desperate search

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-91845216657643858792008-03-29T18:19:00.000-07:002008-03-29T18:22:34.127-07:00

Most of the markets have look to be in extremely oversold zone. I think at present a small infusion of liquidity can raise the market, but somehow market will find it difficult to sustain gains. Present rally may fade by April but in the second half of 2008 it will be more durable. The only reason with US to take some breath is strong exports due to dollar devaluation.US Consumer Confidence

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-5941858611265755202008-03-29T17:35:00.000-07:002008-03-29T18:01:03.217-07:00

For 31.02.2008 - 04.02.20081. JK Cements.2. Nagarjuna Construction Company.3. Venkys India.4. Abott India.5. MSK Projects.

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-78190173698276368032008-03-29T02:48:00.001-07:002008-03-29T02:55:34.299-07:00

After a long time there is some relief and investors have a reason to smile as the market moved upwards for four continuous trading sessions in the last week. On Tuesday (March 25, 2008) the market even witnessed 900 point plus gains-its second highest single day upward movement-largely because of the positive US market triggers. Significantly the recent rally has been more broad-based where even

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-87062132469394253452008-03-26T04:58:00.000-07:002008-03-26T05:18:58.841-07:00

Key indices drifted in and out of the positive terrain today to settle lower. The frontline indices ended in red but the broader markets continued to outperform closing in green. Sector wise, metals posted modest gains whereas the banking pack was a laggard. Selling Pressure was also seen in power and oil stocks. Select realty and metal stocks were attracting buying interest. Asian markets

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-66254965255920460932008-03-25T21:27:00.000-07:002008-03-25T21:33:29.140-07:00

Markets rallied yesterday showing absolute strength. Experts attribute this rally to the positive news flow from the US and from FIIs. This is also because some regain in investors and traders confidence on market. Markets were at bottom with 14,500 to 15,000 levels and 4,500 for the Nifty. If the positive path continues and markets show stability over the next few weeks, more strength will

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-64356560468728515022008-03-25T04:57:00.000-07:002008-03-25T09:05:52.553-07:00

... Sensex registers Second Biggest Gain in Its HistoryThe pull-back in Indian equities strengthened on Tuesday, with the Sensex registering its second biggest gain in absolute terms in a day, breaching some important psychological levels.Sensex has breached 16,000 mark while the Nifty closed above 4850 levels. Both, Sensex and Nifty were up 6% each. Heavy buying was seen in scrips across sectors

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-4039865044081551502008-03-25T00:53:00.001-07:002008-03-25T01:01:54.341-07:00

$4.7 bn worth of bonds yet to be cashed in have a conversion price 40% higher than the current stock priceIndian companies that raised money through Foreign Currency Convertible Bonds (FCCBs), a quasi-equity instrument, could well be staring a huge debt burden in the face because their stocks have fallen well below the level at which this debt would have been converted into equity. An analysis of

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-68093167816849325012008-03-25T00:52:00.001-07:002008-03-25T00:52:57.321-07:00

The meltdown in the Indian stock market this year, induced by global bearishness following the subprime crisis in the US, has resulted in pulling down the current market price of the shares of some Indian FCCB issuers way below the bonds’ conversion price. FCCBs are debt instruments, issued normally in dollars, with an option to convert them to equity at a pre-determined price. The convertible

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-27711751376501444022008-03-24T05:34:00.000-07:002008-03-24T05:38:03.733-07:00

In 1992, a man drove to State Bank of India headquarters in his glistening new Toyota Lexus, which had just been launched in the international market. Obviously, the owner had paid a fortune to import the car. A few days later, the news media reported that around Rs 6 billion (149.418 million USD)* worth of government securities were missing from SBI. Investigating agencies, pressed into

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-42108134614035339752008-03-24T05:00:00.000-07:002008-03-24T05:10:39.322-07:00

Today market had a mix reaction, with benchmark indices managing a positive close but the midcap and smallcap index closing in red. Most of the buying was seen in select largecap IT and bank. Breadth was negative and the advance:decline was at 1:6. Nifty closed today above 4600 and Sensex was above 15300. On the other side, BSE Midcap and smallcap index were down over 3.5%. Sensex closed up

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-58016005182587672782008-03-20T05:16:00.000-07:002008-03-20T21:45:35.096-07:00

Over the years we have seen that the bonding of the Indian stock market with the rest of the markets in the world, especially the US market, is undeniably strong and lasting. Whatever be the news–good or bad–in the US market will leave an impact on the Indian. The market was struggling under the selling pressure for more than a month and it is a ridiculous to call it a "correction". Indeed

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-50746125897751679602008-03-20T04:58:00.000-07:002008-03-20T05:34:14.552-07:00

On monday when markets will open, I am planning to invest on following scrips:1. CEAT2. Cairn India3.Sterling Int4. ANG Auto

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-22716177372718680942008-03-18T21:36:00.000-07:002008-03-18T21:42:01.495-07:00

The markets have opened on a strong note mirroring phenomenal rally in US markets as FOMC cut the Fed funds and discount rates by 75 bps. Asian markets are also supported this rally. All BSE indices are trading higher. Power, banking, telecom and capital goods stocks are the star performers in morning trade. Market breadth is very positive, NSE advance:decline ratio of 13:1. Midcap and Small cap

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-28275836772938641802008-03-18T00:59:00.000-07:002008-03-18T06:25:10.958-07:00

The markets opened flat after the sun outage on account of lack of buying in scrips. The markets have been volatilie in a tight range. It is flat for frontline indices but broader markets continue to trade lower. Bank, metal, realty stocks are among the top laggards on the indices. Selective buying is seen in energy stocks. Market breadth is negative. On the global front, Asian markets are

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-12556844701664878832008-03-17T08:39:00.000-07:002008-03-17T10:22:19.610-07:00

Markets Caught in Global Meltdown Storm; Sensex Tests 15KMarkets opened with a big gap down following negative global cues. All the Asian markets were trading with big losses as the Dollar tumbled to 97 against the Yen after the Fed lowered discount rate by 25 bps to 3.25%. On Friday the US markets tumbled after Bear Stearns announced that its liquidity had deteriorated severely. JP Morgan is to

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0tag:blogger.com,1999:blog-6948680020360711052.post-7060807080184806432008-03-13T09:23:00.000-07:002008-03-14T00:37:36.550-07:00

The week gone by has been very dramatic for the Indian stock market. Although the market ended almost flat as compared to the preceding week, the market witnessed a great deal of volatility in the last four trading sessions. What happened last week in Indian stock market is an indication of the shallow impact of the "Decoupling Theory" that India is well insulated from the global markets. The

Alexhttp://www.blogger.com/profile/15320470118321787706noreply@blogger.com0