Indian Stock Market News and Views.
Archive for May, 2009
Top 5 Myths of the stock Markets
May 26th
Many of the Investors who are outside the net of the stock markets are often confused as to the ways that the stock market behaves, there are some myths that are inbuilt in the society about the stock markets as a whole. Here we are going to discuss some of the myths related to stock markets.
Alto VS Nano or Tata VS Maruti
May 26th
Maruti Suzuki India is going on with a revamp with their existing portfolio. Maruti sells every second car in India. The revamp is expected to be in force in two years time. The Swift which is the largest seller in the premium hatchback category will get a fresh design and a new petrol engine. Maruti plans to strip down Alto to compete with Tata Nano, Its planning a new KB series engine to take down Hyundai Santro, Spark by GM and other compact cars.
Where to make the right investement in equity markets
May 26th
As of any time and may be every time there happens to be a market that is volatile which makes the prices run two ways, prices moving in the single direction with less swing is hard to find. The situation with many of the investors who were not active in the markets are waiting for the fall to re-enter the market which had rose about 50-70%. But the fall is still away? Just a wild guess its a matter that we should wait and see. Many of the experts views were that the market would do a correction and a fall is on the cards soon, Its still a waiting game for the investors to see if there is a correction in the near future.
Sectors to watch out with the new UPA govt.
May 25th
We are discussing some of the sectors that would benefit if the UPA promises are fulfilled. These would be long term bets so that would not get you with the best results with the short term.
The first one would be the Cement sector which is to benefit the most from the growth. This sector has already got the benefit from government funded projects and rural housing, the total dispatches has risen 8% y-o-y to 181 million tonnes. If the new UPA government extends its projects fresh then this sector would benefit the most from it directly.
Facebook Under Phishing Attack
May 25th
Be very much careful while dealing with emails that are meant to steal your passwords and crash your computer. A new phishing scam has been targeted to Facebook users, IF you are not aware of them till now its high time that you know about it. Do not open files ending with “.at” or “.be”, The scam is send through spam messages which steals your personal in formations and that targets Facebook users the most. Most of the emails are circulated with subject “Hello” with a prompt to check “areps.at” or some other URL ending with “.at”. The links are goldbase.be, greenbuddy.be, silvertag.be, picoband.be etc.. on clicking they would lead you to malicious Websites which if visited, could secretly download the malware programs onto your computer through a drive- by download application.
No control over the petrol diesel prices for the Govt
May 22nd
The oil marketing companies are rising higher as the hopes Govt plans to bring free pump prices of petrol and diesel. The oil retailers HPCL,IOC, and BPCL are suffering losses on sale of auto fuel and cooking gas as these items are sold by them at the prices that is fixed by the Govt. BPCL share was 10% up at Rs 445. HPCL and IOC was at 15% up at 323 and 529 respectively, in the volatile market too. The new govt is expected to make reforms on the fast track. The reforms in the oil sector is one of the priorities of the new govt. The govt loosing the control on the oil marketing companies would make the companies capable for fixing the prices of the petrol and diesel.
Budget 2010 – No Tax Cuts
May 22nd
The Finance Ministry has warned the industries not to expect any major sops in the coming budget that is to be presented by the new government due to the economic pressure that is present globally. The finance ministry officials also conveyed the govt’s disappointment to the industry for not passing the benefit of the service tax cuts and excise cuts to the consumers.
FII’s Latest Cash Inflows
May 21st
The Indian Stock Market has witnessed a flow of three-billion dollar mark of Foreign Institutional Investors(FII’s) inflow which makes it over Rs.15725 Cr, out of which two billion came in just five trading sessions. The latest data available with the SEBI shows that FII’s purchase was worth 3.2 billion dollars in 2009 which would make its Rs.15725 cr. On Tuesday alone they had made investment worth of Rs.5044.8 cr(1.06 billion dollars) in the domestic markets.
Most traded currency pairs in the forex markets
May 21st
There are many currencies which are used by several countries of the world. But when it comes to trading with the Forex Markets there are only a few of them which are the hot favorites of the traders. In the world of Forex trading the most economical and politically stable liquid currency are in demand. The US dollar is the most actively traded due to the size and strength of the US economy.
Generally the top eight traded currency are US dollar(USD), Swiss Franc(CHF), Australian Dollar(AUD), Japanese Yen(JPY), Canadian dollar(CAD), British pound(GBP), New Zealand dollar(NZD), Euro(EUR). The trading of the currencies are in pairs there are nearly 27 different pairs from these 8 currencies. About 18 pairs of currency are paired conventionally by the Forex markets.
US Dollar – Is it falling? Future of the US Dollar
May 21st
US Dollar has been known as the world’s reserve currency. The widely acceptance of the Dollar has made it more spread out with many governments, banks, foreign investors .They have helped to achieve dollar as the world’s dominant currency. In adding to the strength was the economic strength showed by the American economy.As with the case of any tools in the financial sector we would know that there will be boom and weakness, Dollar is the highly required currency for International business. The period by which the dollar now faces would be that of decline. This would not mean to create a panic with it, the dollar would provide more trading opportunities for smart investors.
