Indian Stock Market News and Views.
Archive for June, 2009
What is Technical Analysis? How does it work?
Jun 7th
Finding the direction of the stocks with the help of charts is known as Technical Analysis. By closely studying the charts of a particular stock you would be able to access the movement of the stock and thereby make profit from it. A well versed person with technical analysis can very well determine the movement of the stock without knowing the fundamentals, the future growth, the business model of the company etc… He needs to have the price of the stock that is his tip and he would get all the rest of the data from that. More >
Personal Loan Is it good?
Jun 7th
The economic rescission has made people think twice before opting for a Loan, before the economic slump down there would only be a few families in the city that does not have any loan. Car loan, credit card loan, housing loan, personal loan, etc. Personal loans seems to be the attraction without any security normally the intrust rate would be higher, to get a loan was not an hard option for many of us. The situation has changed completely with the commence of the economic slow down, the banks have completely stop lending personal loans or they have stopped or limited it to their own customers. I would personally do not suggest that you should take out any loans since once started they are difficult to stop like smoking and one full life will not be enough to clear all the loans and sleep in peace.
Where would the Market go?
Jun 7th
The last three months Sensex has had a dream run, this run has made many investors confused and many off them are feared by the way the market is moving, Analyst predictions are not happening and they are also confused by the way the market behaves. The Indian stock market is driven by sentiments (I’m not sure about other world markets).
Indian Budget On July 3
Jun 6th
The Sensex is zooming up with the notion and the positiveness about the budget the Govt, is about to put forward, even though the Finance Minister has warned not to expect any sops , but the business world is expecting and we will have to wait and see what comes in. The govt is expecting the budget to be presented on July 3, and would try to pass it by July 31. The Railway Budget is expected on July 1 which would be followed by the economic survey the next day, followed by the general budget on July 3.
The First Indian Metro Rail
Jun 6th
The first Truly Indian Metro train, was flagged off from near to Vadodara by Gujarat Chief Minister Narendra Modi.
“This is my third trip to this factory in the past 18 months. Slowly, India and the rest of the world will realize the importance of today’s event,” said Modi.
Bombardier Transportation will supply a total of 81 train sets which comprises 424 broad gauge coaches to Delhi Metro Rail Corporation. (DMRC). The trains are designed to give the passengers a comfort bale ride. This is the first train manufactured four-coach train as a part of the 424-cars order from DMRC. They are energy efficient and would costs much less when compared to imported counterparts. The reduction of the noise from the coaches has been reduced and is equipped with an advanced braking system. The A/C has also been improved. The floor and the bogie design has been improved. The coaches are state of the art design and has used the most advanced manufacturing units and technology like spot-welding robots, which is used for the first time in India for rail car body manufacturing. 35-40% of the coaches are indigenous since the spare parts are manufactured locally. The train has an environment friendly design. The coaches are equipped with CCTV cameras.
Tips for buying ULIPs
Jun 5th
The ULIPs (Unit Linked Insurance Plans) have caught the attention of the investors, and the marketing of the products are very much aggressive. The combination of insurance and investment benefits make it more attractive. One of the benefits of the ULIPs are structured products which leave many choices to the policy holder. They would be the best investment option if the person has proper understanding about the financial markets and are in the look of a long term savings and insurance combined solution.
India has the worst bureaucracy in Asia
Jun 5th
A business survey that was carried out with the 12 economies released showed that Singapore civil servants are the most efficient among the Asian peers, they tend to rectify it when things go wrong. India’s bureaucracy which was ranked as the least efficient by the survey claimed that India’s civil servants was slow with any process. The civil servants are the power centre of their own in the state and national levels, and are extremely resistant to reforms in carrying out their duties, the report added.
What is section 80C ? Saving Tax with 80C
Jun 5th
When its March and you go on a ride for getting the most benefits of tax deductions. If you plan well then you can surely save some good amount of money with your tax plans. One of the most common option that we Indians use for Tax deduction instruments is Section 80C of the Income Tax Act. Some of you might have heard about it and others would certainly know what they are too. (One of the most popular contributions/investments are the EPF (Employee Provident Fund) and PPF (Public Provident Fund). There are some other investments options too which work under this.
Long Term investments
Jun 5th
Getting a decision about your investment cycle is a tough decision making process. The challenge would be higher when going in for long term investment planning. There are a number of factors that are to be considered while planning for a long term investment, like inflation, risk, liquidity, and sustainability. The decision making would become worse if you have a time frame less than ten years. Thinking about your retirement plan at the early stages of life is the best decision you can make, rather than getting to work your retirement plan when you are nearing your age of retirement.
Oil India IPO
Jun 2nd
Oil India IPO
Issue Opens : Sep 7 /2009
Issue Closes : Sep 11 /2009
Listed @ NSE BSE
Public issue of up to 2,64,49,982 equity shares of Rs. 10 each (Equity Shares) for cash at a price of Rs.[*] per equity share of Oil India Limited (Oil India, the company or the issuer) aggregating Rs.[*] Crores (the issue). The issue comprises a net issue the public of up to 2,40,45,438 equity shares (net issue) and a reservation of up to 24,04,544 equity shares for subscription by eligible employees (as defined herein) (Employee Reservation Portion), at the issue price. The issue shall constitute 11% of the fully diluted post-issue capital of the company. Price band: Rs.[*] to Rs.[*] per equity share of face value Rs. 10 each The face value of equity shares is Rs.10 each. The floor price is[*] times of the face value and the cap price is[*] times of the face value.
