Wishing you all a wonderful 2010
I have moved to www.pramodthomas.com
You can read my articles there
Expecting everyones support
Pramod Thomas.
Thursday, December 31, 2009
I have moved to www.pramodthomas.com
Dear All,
Wishing you a wonderful 2010
I have moved to www.pramodthomas.com
You can read my articles there.
Expecting everyones support.
Pramod Thomas.
Monday, December 28, 2009
I believe or Happy Newyear
I celebrated christmas in style. Just wrote two poems about christ. Watched the movie taxi driver in my friend's laptop.Me,papa and mummy had lunch together.After all I think christmas is all about joining together.This time my brother was not in the home.He just completed his Diploma in Nursing and now in Bidar to collect his certificates.He asked me to prepare a crib, which we always do in christmas, but I declined. For me getting his certificate is more important than celebrating christmas.
I long felt that I am always at the receiving end of grief so I can't celebrate any of the festivals. Some days I may feel that I have talent and I will do something remarkable in my life.But then I realise that there is nothing in me and I am nothing and will remain so. Like my friend faisal told other day that I am full of dreams. It's true and it is the fact that I am full of dreams.Since I am full of dreams the pain I suffer is more than anyone.
In this christmas I prayed alot to get over from all these grief and frustrations. Before christmas I wrote one piece about my life-It is like this: It is a story, but in other words it is not a story. It is a chapter of my life. My life don't have so many chapters. I don't have so many memories too, only a fistful of memories. That too bad even more bad. I was always ambitious. Dreaming is the only remedy to my problems, I always believed. During my school day's also I was a big dreamer. Dreams in my view would alleviate our pain. It will give us strength to go beyond all odds. Actually I started dreaming even before APJ Abdul Kalam urged us to dream big. Always my situations were my enemies. They always stood against me and made me cry. Only I was there to cry for me.
I hope this christmas would bring me much happiness-Late christmas wishes to you all
May God bless you, May this season brings you and your family all happiness
We are heading towards a brand new life in 2010. Atleast I hope so. For me years are just numbers.The just pass through.I always believed in hard work. But there is not much success which urged me to work hard. I always believed that hard work would follow success but I can't taste the beauty of this sentence in my life. I quote frost'I have miles to go before I sleep, I have promises to keep'. Promises more of them are to myslef. I my 25 years in this earth I have lied somany times to myself. I pretended as a winner but I was not. I stood up with head high but only the silence of air was around me. Wind clapped for me. Trees waved their heads. No sparrow cried for me. Now I have reached before the doors of 2010. Beginning of the end of another decade. I have my dreams with me. Dream to become a famous writer. Dream to become a documentary director. Dream to become a famous blogger. Dream to become a successful man. Every new year I wish the same. But my wishes would become nothing and I will end up in sorrow.I wanted to publish my book.
You may think these things as stupid. But believe me it is not like that.
It is another chapter of my life. This is the postmortem of my 25 years and still also I am dreaming.I believe in the beauty of my dreams. Recently I saw the movie of will smith-The pursuit of Happyness. I liked it very much. I was always an admirer of good dialogues. I took them down in my small diary. I the movie there is a dialogue fraction which says happyness can only pursue....I liked the sentence because it's my opinion.
I am sorry, my intention was not to annoy you but wishing you a Happy and prosperous newyear. Just pursue your dreams.One day or other they will stand befor you as a real incident and smile at you till that moment don't stop working.Don't worry about me....I will just go through.
Wishing you a Prosperous 2010
Wednesday, December 16, 2009
FAQs on Stock Market
Q. What is an Equity Share?
A. An equity share represents ownership in a company. The holder of such a share is a member of the company eligible to share many benefits from the company.
Q. What Returns can I expect from my investments in equity shares?
A. Investment in good equity shares brings different types of returns such as capital appreciation, dividend, bonus and right shares etc.
Q What is Capital Appreciation (capital gain)?
A. It is the difference between buying price and selling price of a share. People buy shares with the view of selling at a better price and this difference is one of the most important gains from equity investment.
Q. What is Dividend?
A. Dividend is the part of profit distributed by the company among its investors. It is declared as a percentage of the paid-up value or face value of the share.
E.g. 20% dividend on a Rs.10 face value share is Rs.2 whereas it is 20 Ps. on a Re.1 share.
Q. What is a Bonus Share?
A. A share issued by companies to their shareholders free of cost by capitalization of accumulated reserves from the profits earned in the earlier years.
Q. What is a Rights Issue?
A. In a rights issue, a company issues new shares by giving existing shareholders the right to purchase new shares in proportion to their existing holding. E.g. one right share for each existing share (1:1), one right share each for two existing shares (1:2) etc. Right Shares are usually offered at a discount, and most investors take up the offer of a rights issue.
Q. What are the risks?
A. Equity shares are “High-Risk High-Return Investments”. The major distinction of Equity investment from all other investments is that while the return from many avenues such as Bank Deposits, Small Saving Schemes, Debentures, Bonds etc are fixed and certain, the earnings from equity investments are highly uncertain and varied. A good scrip picked up at the right time could fetch fairly good returns else the return may be meagre or it may even turn negative, i.e. the invested fund itself may be eroded. In short, if the investment in fixed income category instruments is secured and risk-free to a large extent, investment in equities and related fields could be termed as risky. E.g. Rs.9500 invested in Infosys Technologies in 1993 has grown to Rs.2.50 crore plus at current valuations* – a case of high returns. If HFCL was bought in 2000 at Rs.1800, your investment would have come down to Rs.12 at current valuations* – a case of high risk.
*July 2009
Q. What is Preferential Allotment of shares?
A. A fresh allotment of shares to promoters, their friends and relatives on a preferential basis is called preferential allotment.
Q. What is the Face Value of a share?
A. Face Value, also called Par Value, is the nominal value of the share. The company arrives at this figure on the basis of the total capital issued by it and the number of shares issued in order to raise that capital. While earlier, companies were required to fix the face value of their shares at Rs.10 or multiples of Rs.10 as per the prevailing regulations of the time, now they are free to fix the face value at any amount they desire.
Q. What is Issue at Par?
A. It is when a share is issued at the same price as the face value of the share.
Q. What is Issue at Premium?
A. It is when a share is issued at a price above the face value of the share. Face value of Sobha Developers equity is Rs.10 but the share was issued at a price of Rs.640, i.e., at a premium of Rs.630.
Q. What is a Bond?
A. A Bond is a promissory note issued by a company or government to its lenders. A bond is evidence of debt on which the issuing company usually promises to pay the bond holder a specified amount of interest at intervals over a specified length of time, and to repay the original loan on the expiration date. A bond investor lends money to the issuer and in exchange, the issuer promises to repay the loan amount on a specified maturity date.
Q. Where can I buy shares from?
A. You can buy shares from the IPO market or from stock exchanges.
Q. What is an IPO?
A. When a company offers its shares to the general public for the first time ever, it is known as an Initial Public Offer or IPO. After the IPO, shares are listed in stock exchanges for trading.
Q. What is a Stock Exchange ?
A. A Stock Exchange is a place where the buyer and seller meet to trade in shares in an organized manner. There are at present 23 recognized stock exchanges in the country that are governed by the Securities Contract (Regulation) Act, 1956.
Q. What is the function of the Stock Market?
A. Stock market enhances capital formation in the economy and
comprises of
a) Primary Market is a place where new offerings by companies are made either as an Initial Public Offering (IPO) or Rights Issue.
b) Secondary Market is a market where securities are traded after being initially offered to the public in the Primary Market and/or listed on the Stock Exchange. Majority of trading is done in this market.
Q. Whom should I contact for my Stock Market related transactions?
A. To be able to buy or sell shares in the stock markets a client would need to be registered with a stock broker like who holds membership in stock exchanges and is registered with SEBI.
Q. What Accounts have I to open?
A To start trading in shares, you have to open a trading account with a stock broker and a DP account with a Depository Participant.
Q. Am I required to sign any Agreement with the broker or sub- broker?
A. Yes, you have to sign the “Member-Client agreement” for the purpose of engaging a broker to execute trades on your behalf from time to time, and furnish details relating to yourself(KYC-Know Your Client), to enable the member to maintain the Client Registration Form.
Q. What is a Member-Client Agreement form?
A. This form is an agreement entered into between client and broker in the presence of witnesses wherein the client agrees (is desirous) to trade/invest in the securities listed on the concerned Exchange through the broker, after being satisfied of broker’s capabilities to deal in the same.
Q. How do I place my Orders?
A. Trading (buying or selling of shares) can be done via the phone or by coming in person to the office of broker or through any other facility provided the broker like Internet trading. The dealer (employee of the broker who is supposed to input the investor’s order into the stock exchange order system) after checking the authenticity of the person calling and after checking the margin available in the account would put/enter the order into the stock exchange system
Q. What are the different types of orders?
A. There are several types of orders that you can place through a broker. The most common type, which is a regular buy or sell order, is called a market order. Another type of order is a limit order wherein you ask the broker to trade only if the price reaches a specific level. In a stop order, you tell the broker to sell your shares if the price drops to a certain level. This helps you to check your losses if the price of that share drops further.
Q. What is the Methodology of trades?
A. The market watch, i.e. the screen kept open normally on the trade screen would show the following as columns -
1. Best bid price or best buy price
2. Best bid quantity or quantity of stocks in demand at the best bid price
3. Best offer price or best sell price
4. Best offer quantity or quantity of stocks available at the best offer price
5. Last traded price
Q. How does the transaction take place?
A. Orders put into the trading system are executed automatically when the price for a buy order on a security is matched with a sell price.
Q. What is taking a position?
A. When you act upon a stock and buy or sell into it, you are taking a position. A position is an amount of money committed to an investment in anticipation of favorable price movements.
There are two kinds of positions: -
a) Long positions or going long is nothing but buying a share. When you buy, that means you are anticipating an upward movement in the price, and that is how you profit. People usually buy stocks at prices expecting to sell them later at higher prices, and hence make profits.
b) Short positions or going short represent sell positions. When you sell, you are anticipating a fall in the price and the fall is the source of your profits. The shares will be sold and when the price falls they will be repurchased and given back, and the
price difference is the investor’s profits. Of course, the investor who borrowed the shares carries the risk of not having the price move as anticipated, in which case he may lose money in repurchasing the stocks.
Q. What is a Rolling Settlement?
A. Rolling Settlement is one in which there is no fixed settlement period. Each trading day will be a settlement day under this system. Trades executed on a particular day are settled based on the net obligations for the day. In NSE and BSE, the trades pertaining to the rolling settlement are settled on a T+2 day basis where T stands for the trade day. Hence, trades executed on a Monday are typically settled on the following Wednesday (considering 2 working days from the trade day). The funds and securities pay-in and pay-out are carried out on T+2 day.
Q. What is a Clearing House?
A. It’s an agency of the Stock Exchange that is responsible for the effective delivery and settlement of contracts between the members (brokers) of that exchange.
Q. What is Pay-in day and Pay-out day?
Pay-in day is the day when the broker shall make payment or delivery of securities to the exchange. Pay-out day is the day when the exchange makes payment or delivery of securities to the broker.
Q. What is a Contract Note?
Contract Note is a confirmation of trades done on a particular day on behalf of the client. It establishes a legally enforceable relationship between the client and Broker with respect to the settlement of the trades. The Contract Note would show settlement number, order number, trade number, time of trade, quantity and price of the trades, brokerage charged etc and it would be signed by an authorized person from the Broker.
Q. What are the additional charges other than brokerage that can be levied on the investor?
A. The trading member can charge:
1. Securities Transaction Tax.
2. Service tax as applicable.
3. Transaction charges levied by NSE, stamp duty and other charges directly attributable to the transaction.
Note: The brokerage and service tax is indicated separately in the contract note.
Q. How do I make or receive payments to or from the broker?
A. Payments to the broker have to be made via an Account Payee cheque/Demand Draft in favor of the broker. The payment should necessarily come from the bank account of the investor and not from any other person. Similarly broker would pay an Account Payee cheque in the name of the investor, which will also contain the bank name and account number of the client.
Q. How long does it take to receive my money for a sale transaction and my shares for a buy transaction?
A. The pay-out of funds and securities to the clients by broker will be within 24 hours of the pay-out.
Q. What is a depository?
A. A depository can be compared to a bank. A depository holds securities (like shares, debentures, bonds, Government Securities, units etc.) of investors in electronic form. Besides holding securities, a depository also provides services related to transactions in securities.
There are two main depositories in India, namely,
a) National Securities Depository Ltd. (NSDL) and
b) Central Depository Services Ltd.
(CDSL), both of which are regulated by SEBI.
Q. What should I do when I want to open an account with a DP?
A. You can approach any share broker. or any DP of your choice and fill up an account opening form. At the time of opening an account, you have to sign an agreement with the DP in a NSDL prescribed standard agreement, which details your and your DP’s rights and duties. You will need to furnish photocopies of an address-proof (this could be a ration card or a voter ID card),
a passport-size photograph and PAN card for verification.
Q. Do I need to possess shares or other securities to open a DP account?
A. No. You are not required to possess shares or other securities while opening a DP account.
Q. Should the client keep a minimum balance of securities in his account?
A. No. NSDL has not prescribed any minimum balance of securities. The client can have a zero balance in his account. However, the DP may fix some minimum limit.
Q. Is there any restriction on the number of DP accounts an individual can open?
A. No. There is no such restriction.
Q. How do I deliver or receive shares to or from the broker ?
A. In case of sales, the investor would need to transfer the shares to the pool account of the broker for the specified settlement number. The delivery should necessarily come from the demat account of the investor and not from any other person. Similarly, broker would directly transfer shares bought to the account of the investor.
Q. What do you mean by ‘Market Trades’ and ‘Off Market Trades’?
A. Any trade settled through a clearing corporation is termed as a ‘Market Trade’. These trades are done through stock brokers on a stock exchange. ‘Off Market Trade’ is one which is settled directly between two parties without the involvement of a clearing corporation. The same delivery instruction slip can be used either for market trade or off-market trade by ticking one of the two options.
Q. How are Margins paid?
A. To buy or sell shares, the client has to maintain a minimum amount in his trading account as prescribed by the Stock Exchange margin rules from time to time. Currently, the margins are calculated on the Value at Risk model. Margins are to be paid by the investor before placing the order.
Q. What happens if I could not make the payment of money or deliver shares on the pay-in day?
A. In case of purchase on your behalf, the member broker has the liberty to close out transactions by selling securities in case you fail to make full payment to the broker for the execution of contract before pay-in day as fixed by Stock Exchange for the concerned settlement period, unless you already have an equivalent credit with the broker. The shortages in case of sales are met through auction process and the difference in price indicated in Contract Note and price received through auction is paid by member to the Exchange which is then liable to be recovered from the client. In both the cases any loss in
transactions will be deductible from the margin money paid by you.
Q. What is an Auction?
A. The securities are put up for auction by the Exchange on account of non-delivery of securities by the selling trading member to ensure that the buying trading member receives the securities due to him. The non-delivery by the trading member could arise on account of short delivery. The Exchange purchases the requisite quantity in the Auction Market and gives them to the buying trading member.
Q. What happens if the shares are not bought in the auction?
A. If the shares could not be bought in the auction i.e. if shares are not offered for sale in the auction, the transactions are closed out as per SEBI guidelines. The guidelines stipulate that “the close out price will be the highest price recorded in that scrip on the exchange in the settlement in which the concerned contract was entered into and up to the date of auction/close out OR 20% above the official closing price on the exchange on the day on which auction offers are called for, whichever is higher.” Since in the rolling settlement the auction and the close out takes place during trading hours, the reference price in the rolling settlement for close out procedures would be taken as the previous day’s closing price.
Q. What happens if I do not get my money or share on the due date?
A. In case a broker fails to deliver to you in time and make the proper payment of money/shares or you have a complaint against the conduct of the broker, you can file a complaint with the respective stock exchange. The Exchange is required to resolve all complaints. To resolve the dispute the complainant can also resort to arbitration as provided on the reverse of Contract Note /Purchase or Sale Note. However, if the complaint is not addressed by the Stock Exchanges or is unduly delayed then the complaints along with supporting documents may be forwarded to Secondary Market Department of SEBI. Your complaint would be followed up with the exchanges for expeditious redressal. In case of a complaint against a sub-broker, for redressal the complaint may be forwarded to the concerned broker with whom the sub-broker is affiliated.
Q. What are the rights of the investor?
A. The right to get - Proof of price/brokerage charged, Money/shares on time, Statement of Accounts and Contract Note from trading member.
Q. What are the obligations of the investor?
A. The obligation to -
• Sign a proper Member-Constituent Agreement
• Possess a valid contract or purchase/sale note
• Deliver securities and make payment on time
• Provide Margin before trade
Q. What is internet trading?
A. Instead of visiting/calling your stock broker’s office you can trade from your home or office. This is called internet trading. For this, you require a computer with an internet connection. The advantage is that you can place your own orders.
Q. What are the various kinds of accounts that I need to trade via Internet with a broker?
A. Three kinds of accounts are required to be able to trade online.
They are:
a) E-Broking account with the broker
b) Depository Participant (DP) account with the broker
c) Bank account, which has developed an interface with the broker
Q. What are the tax implications of investing in Indian equities?
A. Tax rates on investment gains are categorized as long term and short term capital gains.
(a) Long term capital gains
Long Term investments that are held for more than 12 months are termed as long term capital assets. Profit on sale of such
assets is termed as long term capital gain (LTCG) which as per the latest Budget notification will attract nil tax. Dividend is also tax free in the hands of investors.
(b) Short term capital gains
Shares that are held for less than 12 months are classified as short term capital assets which as per the latest Budget notification will attract 15% tax.
Q. Who is a Portfolio Manager?
A. Any person who pursuant to a contract or arrangement with a client, advises or directs or undertakes on behalf of the client (whether as a discretionary portfolio manager or otherwise) the management or administration of a portfolio of securities or the funds of the client, as the case maybe, is a Portfolio Manager.
Q. What is meant by bullish and bearish trends in the market?
A. When the market goes up it is called a bullish trend and when the market goes down it is called a bearish trend.
Q. Why are some shares called Blue Chips?
A. The term ‘Blue Chips’ refers to the stock of renowned companies with established and stable businesses. Such companies offer a steady stream of earnings and are preferred by investors because of the stability of their earnings. People desiring solid investments with minimal risks should invest in shares of ‘Blue Chip’ companies.
Q. What is an index?
A. An index is a stock-market indicator created as a statistical measure of the performance of an entire market or segment of a market based on a sample of securities from the market. An index is thus a means to evaluate the overall performance of a market or of a segment of the market at any point of time. As a measure of the performance of the market at a particular time, the index at that point of time is compared to the index number at another point of time in the past and the strength or weakness of the market is measured on the basis of the difference in the index figures.
For example, one Monday’s market could be termed as strong if the index value on that day is better than last Friday’s index figures. Similar comparisons are possible intra day, daily, weekly, monthly or annual basis to measure the market performance. Apart from being a general market indicator, indices are used as a benchmark to evaluate individual portfolio performance. Professional money managers will always try to outperform the market, i.e. they will always try to do better than the indices. For example, if the value of a portfolio moves up by 10% while the index moved up by only 5% then the portfolio is doing better than the market.
We have 2 renowned indices viz. (a) BSE Sensitive (BSE Sensex) and (b) S&P Nifty 50 (Nifty). BSE Sensex comprises of 30 large-cap companies. As the name suggests, it is the premier index of the Bombay Stock Exchange (BSE). Nifty is the prominent index of the National Stock Exchange (NSE) and it comprises 50 large-cap stocks traded in the National Stock Exchange.
A. An equity share represents ownership in a company. The holder of such a share is a member of the company eligible to share many benefits from the company.
Q. What Returns can I expect from my investments in equity shares?
A. Investment in good equity shares brings different types of returns such as capital appreciation, dividend, bonus and right shares etc.
Q What is Capital Appreciation (capital gain)?
A. It is the difference between buying price and selling price of a share. People buy shares with the view of selling at a better price and this difference is one of the most important gains from equity investment.
Q. What is Dividend?
A. Dividend is the part of profit distributed by the company among its investors. It is declared as a percentage of the paid-up value or face value of the share.
E.g. 20% dividend on a Rs.10 face value share is Rs.2 whereas it is 20 Ps. on a Re.1 share.
Q. What is a Bonus Share?
A. A share issued by companies to their shareholders free of cost by capitalization of accumulated reserves from the profits earned in the earlier years.
Q. What is a Rights Issue?
A. In a rights issue, a company issues new shares by giving existing shareholders the right to purchase new shares in proportion to their existing holding. E.g. one right share for each existing share (1:1), one right share each for two existing shares (1:2) etc. Right Shares are usually offered at a discount, and most investors take up the offer of a rights issue.
Q. What are the risks?
A. Equity shares are “High-Risk High-Return Investments”. The major distinction of Equity investment from all other investments is that while the return from many avenues such as Bank Deposits, Small Saving Schemes, Debentures, Bonds etc are fixed and certain, the earnings from equity investments are highly uncertain and varied. A good scrip picked up at the right time could fetch fairly good returns else the return may be meagre or it may even turn negative, i.e. the invested fund itself may be eroded. In short, if the investment in fixed income category instruments is secured and risk-free to a large extent, investment in equities and related fields could be termed as risky. E.g. Rs.9500 invested in Infosys Technologies in 1993 has grown to Rs.2.50 crore plus at current valuations* – a case of high returns. If HFCL was bought in 2000 at Rs.1800, your investment would have come down to Rs.12 at current valuations* – a case of high risk.
*July 2009
Q. What is Preferential Allotment of shares?
A. A fresh allotment of shares to promoters, their friends and relatives on a preferential basis is called preferential allotment.
Q. What is the Face Value of a share?
A. Face Value, also called Par Value, is the nominal value of the share. The company arrives at this figure on the basis of the total capital issued by it and the number of shares issued in order to raise that capital. While earlier, companies were required to fix the face value of their shares at Rs.10 or multiples of Rs.10 as per the prevailing regulations of the time, now they are free to fix the face value at any amount they desire.
Q. What is Issue at Par?
A. It is when a share is issued at the same price as the face value of the share.
Q. What is Issue at Premium?
A. It is when a share is issued at a price above the face value of the share. Face value of Sobha Developers equity is Rs.10 but the share was issued at a price of Rs.640, i.e., at a premium of Rs.630.
Q. What is a Bond?
A. A Bond is a promissory note issued by a company or government to its lenders. A bond is evidence of debt on which the issuing company usually promises to pay the bond holder a specified amount of interest at intervals over a specified length of time, and to repay the original loan on the expiration date. A bond investor lends money to the issuer and in exchange, the issuer promises to repay the loan amount on a specified maturity date.
Q. Where can I buy shares from?
A. You can buy shares from the IPO market or from stock exchanges.
Q. What is an IPO?
A. When a company offers its shares to the general public for the first time ever, it is known as an Initial Public Offer or IPO. After the IPO, shares are listed in stock exchanges for trading.
Q. What is a Stock Exchange ?
A. A Stock Exchange is a place where the buyer and seller meet to trade in shares in an organized manner. There are at present 23 recognized stock exchanges in the country that are governed by the Securities Contract (Regulation) Act, 1956.
Q. What is the function of the Stock Market?
A. Stock market enhances capital formation in the economy and
comprises of
a) Primary Market is a place where new offerings by companies are made either as an Initial Public Offering (IPO) or Rights Issue.
b) Secondary Market is a market where securities are traded after being initially offered to the public in the Primary Market and/or listed on the Stock Exchange. Majority of trading is done in this market.
Q. Whom should I contact for my Stock Market related transactions?
A. To be able to buy or sell shares in the stock markets a client would need to be registered with a stock broker like who holds membership in stock exchanges and is registered with SEBI.
Q. What Accounts have I to open?
A To start trading in shares, you have to open a trading account with a stock broker and a DP account with a Depository Participant.
Q. Am I required to sign any Agreement with the broker or sub- broker?
A. Yes, you have to sign the “Member-Client agreement” for the purpose of engaging a broker to execute trades on your behalf from time to time, and furnish details relating to yourself(KYC-Know Your Client), to enable the member to maintain the Client Registration Form.
Q. What is a Member-Client Agreement form?
A. This form is an agreement entered into between client and broker in the presence of witnesses wherein the client agrees (is desirous) to trade/invest in the securities listed on the concerned Exchange through the broker, after being satisfied of broker’s capabilities to deal in the same.
Q. How do I place my Orders?
A. Trading (buying or selling of shares) can be done via the phone or by coming in person to the office of broker or through any other facility provided the broker like Internet trading. The dealer (employee of the broker who is supposed to input the investor’s order into the stock exchange order system) after checking the authenticity of the person calling and after checking the margin available in the account would put/enter the order into the stock exchange system
Q. What are the different types of orders?
A. There are several types of orders that you can place through a broker. The most common type, which is a regular buy or sell order, is called a market order. Another type of order is a limit order wherein you ask the broker to trade only if the price reaches a specific level. In a stop order, you tell the broker to sell your shares if the price drops to a certain level. This helps you to check your losses if the price of that share drops further.
Q. What is the Methodology of trades?
A. The market watch, i.e. the screen kept open normally on the trade screen would show the following as columns -
1. Best bid price or best buy price
2. Best bid quantity or quantity of stocks in demand at the best bid price
3. Best offer price or best sell price
4. Best offer quantity or quantity of stocks available at the best offer price
5. Last traded price
Q. How does the transaction take place?
A. Orders put into the trading system are executed automatically when the price for a buy order on a security is matched with a sell price.
Q. What is taking a position?
A. When you act upon a stock and buy or sell into it, you are taking a position. A position is an amount of money committed to an investment in anticipation of favorable price movements.
There are two kinds of positions: -
a) Long positions or going long is nothing but buying a share. When you buy, that means you are anticipating an upward movement in the price, and that is how you profit. People usually buy stocks at prices expecting to sell them later at higher prices, and hence make profits.
b) Short positions or going short represent sell positions. When you sell, you are anticipating a fall in the price and the fall is the source of your profits. The shares will be sold and when the price falls they will be repurchased and given back, and the
price difference is the investor’s profits. Of course, the investor who borrowed the shares carries the risk of not having the price move as anticipated, in which case he may lose money in repurchasing the stocks.
Q. What is a Rolling Settlement?
A. Rolling Settlement is one in which there is no fixed settlement period. Each trading day will be a settlement day under this system. Trades executed on a particular day are settled based on the net obligations for the day. In NSE and BSE, the trades pertaining to the rolling settlement are settled on a T+2 day basis where T stands for the trade day. Hence, trades executed on a Monday are typically settled on the following Wednesday (considering 2 working days from the trade day). The funds and securities pay-in and pay-out are carried out on T+2 day.
Q. What is a Clearing House?
A. It’s an agency of the Stock Exchange that is responsible for the effective delivery and settlement of contracts between the members (brokers) of that exchange.
Q. What is Pay-in day and Pay-out day?
Pay-in day is the day when the broker shall make payment or delivery of securities to the exchange. Pay-out day is the day when the exchange makes payment or delivery of securities to the broker.
Q. What is a Contract Note?
Contract Note is a confirmation of trades done on a particular day on behalf of the client. It establishes a legally enforceable relationship between the client and Broker with respect to the settlement of the trades. The Contract Note would show settlement number, order number, trade number, time of trade, quantity and price of the trades, brokerage charged etc and it would be signed by an authorized person from the Broker.
Q. What are the additional charges other than brokerage that can be levied on the investor?
A. The trading member can charge:
1. Securities Transaction Tax.
2. Service tax as applicable.
3. Transaction charges levied by NSE, stamp duty and other charges directly attributable to the transaction.
Note: The brokerage and service tax is indicated separately in the contract note.
Q. How do I make or receive payments to or from the broker?
A. Payments to the broker have to be made via an Account Payee cheque/Demand Draft in favor of the broker. The payment should necessarily come from the bank account of the investor and not from any other person. Similarly broker would pay an Account Payee cheque in the name of the investor, which will also contain the bank name and account number of the client.
Q. How long does it take to receive my money for a sale transaction and my shares for a buy transaction?
A. The pay-out of funds and securities to the clients by broker will be within 24 hours of the pay-out.
Q. What is a depository?
A. A depository can be compared to a bank. A depository holds securities (like shares, debentures, bonds, Government Securities, units etc.) of investors in electronic form. Besides holding securities, a depository also provides services related to transactions in securities.
There are two main depositories in India, namely,
a) National Securities Depository Ltd. (NSDL) and
b) Central Depository Services Ltd.
(CDSL), both of which are regulated by SEBI.
Q. What should I do when I want to open an account with a DP?
A. You can approach any share broker. or any DP of your choice and fill up an account opening form. At the time of opening an account, you have to sign an agreement with the DP in a NSDL prescribed standard agreement, which details your and your DP’s rights and duties. You will need to furnish photocopies of an address-proof (this could be a ration card or a voter ID card),
a passport-size photograph and PAN card for verification.
Q. Do I need to possess shares or other securities to open a DP account?
A. No. You are not required to possess shares or other securities while opening a DP account.
Q. Should the client keep a minimum balance of securities in his account?
A. No. NSDL has not prescribed any minimum balance of securities. The client can have a zero balance in his account. However, the DP may fix some minimum limit.
Q. Is there any restriction on the number of DP accounts an individual can open?
A. No. There is no such restriction.
Q. How do I deliver or receive shares to or from the broker ?
A. In case of sales, the investor would need to transfer the shares to the pool account of the broker for the specified settlement number. The delivery should necessarily come from the demat account of the investor and not from any other person. Similarly, broker would directly transfer shares bought to the account of the investor.
Q. What do you mean by ‘Market Trades’ and ‘Off Market Trades’?
A. Any trade settled through a clearing corporation is termed as a ‘Market Trade’. These trades are done through stock brokers on a stock exchange. ‘Off Market Trade’ is one which is settled directly between two parties without the involvement of a clearing corporation. The same delivery instruction slip can be used either for market trade or off-market trade by ticking one of the two options.
Q. How are Margins paid?
A. To buy or sell shares, the client has to maintain a minimum amount in his trading account as prescribed by the Stock Exchange margin rules from time to time. Currently, the margins are calculated on the Value at Risk model. Margins are to be paid by the investor before placing the order.
Q. What happens if I could not make the payment of money or deliver shares on the pay-in day?
A. In case of purchase on your behalf, the member broker has the liberty to close out transactions by selling securities in case you fail to make full payment to the broker for the execution of contract before pay-in day as fixed by Stock Exchange for the concerned settlement period, unless you already have an equivalent credit with the broker. The shortages in case of sales are met through auction process and the difference in price indicated in Contract Note and price received through auction is paid by member to the Exchange which is then liable to be recovered from the client. In both the cases any loss in
transactions will be deductible from the margin money paid by you.
Q. What is an Auction?
A. The securities are put up for auction by the Exchange on account of non-delivery of securities by the selling trading member to ensure that the buying trading member receives the securities due to him. The non-delivery by the trading member could arise on account of short delivery. The Exchange purchases the requisite quantity in the Auction Market and gives them to the buying trading member.
Q. What happens if the shares are not bought in the auction?
A. If the shares could not be bought in the auction i.e. if shares are not offered for sale in the auction, the transactions are closed out as per SEBI guidelines. The guidelines stipulate that “the close out price will be the highest price recorded in that scrip on the exchange in the settlement in which the concerned contract was entered into and up to the date of auction/close out OR 20% above the official closing price on the exchange on the day on which auction offers are called for, whichever is higher.” Since in the rolling settlement the auction and the close out takes place during trading hours, the reference price in the rolling settlement for close out procedures would be taken as the previous day’s closing price.
Q. What happens if I do not get my money or share on the due date?
A. In case a broker fails to deliver to you in time and make the proper payment of money/shares or you have a complaint against the conduct of the broker, you can file a complaint with the respective stock exchange. The Exchange is required to resolve all complaints. To resolve the dispute the complainant can also resort to arbitration as provided on the reverse of Contract Note /Purchase or Sale Note. However, if the complaint is not addressed by the Stock Exchanges or is unduly delayed then the complaints along with supporting documents may be forwarded to Secondary Market Department of SEBI. Your complaint would be followed up with the exchanges for expeditious redressal. In case of a complaint against a sub-broker, for redressal the complaint may be forwarded to the concerned broker with whom the sub-broker is affiliated.
Q. What are the rights of the investor?
A. The right to get - Proof of price/brokerage charged, Money/shares on time, Statement of Accounts and Contract Note from trading member.
Q. What are the obligations of the investor?
A. The obligation to -
• Sign a proper Member-Constituent Agreement
• Possess a valid contract or purchase/sale note
• Deliver securities and make payment on time
• Provide Margin before trade
Q. What is internet trading?
A. Instead of visiting/calling your stock broker’s office you can trade from your home or office. This is called internet trading. For this, you require a computer with an internet connection. The advantage is that you can place your own orders.
Q. What are the various kinds of accounts that I need to trade via Internet with a broker?
A. Three kinds of accounts are required to be able to trade online.
They are:
a) E-Broking account with the broker
b) Depository Participant (DP) account with the broker
c) Bank account, which has developed an interface with the broker
Q. What are the tax implications of investing in Indian equities?
A. Tax rates on investment gains are categorized as long term and short term capital gains.
(a) Long term capital gains
Long Term investments that are held for more than 12 months are termed as long term capital assets. Profit on sale of such
assets is termed as long term capital gain (LTCG) which as per the latest Budget notification will attract nil tax. Dividend is also tax free in the hands of investors.
(b) Short term capital gains
Shares that are held for less than 12 months are classified as short term capital assets which as per the latest Budget notification will attract 15% tax.
Q. Who is a Portfolio Manager?
A. Any person who pursuant to a contract or arrangement with a client, advises or directs or undertakes on behalf of the client (whether as a discretionary portfolio manager or otherwise) the management or administration of a portfolio of securities or the funds of the client, as the case maybe, is a Portfolio Manager.
Q. What is meant by bullish and bearish trends in the market?
A. When the market goes up it is called a bullish trend and when the market goes down it is called a bearish trend.
Q. Why are some shares called Blue Chips?
A. The term ‘Blue Chips’ refers to the stock of renowned companies with established and stable businesses. Such companies offer a steady stream of earnings and are preferred by investors because of the stability of their earnings. People desiring solid investments with minimal risks should invest in shares of ‘Blue Chip’ companies.
Q. What is an index?
A. An index is a stock-market indicator created as a statistical measure of the performance of an entire market or segment of a market based on a sample of securities from the market. An index is thus a means to evaluate the overall performance of a market or of a segment of the market at any point of time. As a measure of the performance of the market at a particular time, the index at that point of time is compared to the index number at another point of time in the past and the strength or weakness of the market is measured on the basis of the difference in the index figures.
For example, one Monday’s market could be termed as strong if the index value on that day is better than last Friday’s index figures. Similar comparisons are possible intra day, daily, weekly, monthly or annual basis to measure the market performance. Apart from being a general market indicator, indices are used as a benchmark to evaluate individual portfolio performance. Professional money managers will always try to outperform the market, i.e. they will always try to do better than the indices. For example, if the value of a portfolio moves up by 10% while the index moved up by only 5% then the portfolio is doing better than the market.
We have 2 renowned indices viz. (a) BSE Sensitive (BSE Sensex) and (b) S&P Nifty 50 (Nifty). BSE Sensex comprises of 30 large-cap companies. As the name suggests, it is the premier index of the Bombay Stock Exchange (BSE). Nifty is the prominent index of the National Stock Exchange (NSE) and it comprises 50 large-cap stocks traded in the National Stock Exchange.
Tuesday, December 1, 2009
Indian market witness an upward trend
Mixed response witnessed in Indian Capital Market during the month of November. In terms of figures it was definitely an upward trend. Indian indices recorded a decent growth in November. Renewed buying interest and investor confidence along with some good news were the main factors behind the growth story. But the recent news of Dubai crisis affected not only Indian market but markets all over the world. Later it has been proved as an over reaction. The unsatisfactory monsoon during 2009 is another concern for Indian Capital Market. The growth figures of the country came as a relief for India Inc as a whole.
During November Bombay Sensitive Index recorded a growth of 6.48 percent against it's last month figure to close at 16926. Sensex was with in the range 15331-17290 in November. Nifty gained 6.81 percent against it's October closing and the rate is 5033. Buying interest witnessed across Midcap and Smallcap stocks. They increased by 6.67 percent and 6.57 percent respectively.
Buying interest spread across all sectors except reality. Recent Dubai crisis was the main reason behind the sell off in reality counter during November. Real Estate stocks were down by 4.36 percent. Metal stocks were the major gainers in November, up by 16.87 percent which is a record for the beaten down sector during the financial crisis. Auto sector was up by 11.26 percent, thanks to the auto buying interest expressed by Indian consumers. Health Care and PSU sector stocks were up by more than 8 percent.
Indian market continued to be the hot spot for FIIs during November also. They bought equities worth Rs. 5497 Crore. But the domestic Institutions continued their selling for the second consecutive month. Rs. 695.60 worth equities were sold by them in November. FII inflow played a lead role in the 1030 point increase in sensex. It is assumed that money pumping by FIIs will continue in the recent future owing to India's shining growth figures.
In the July-September quarter Indian GDP rate is at 7.9 percent which was unexpected by the street. In the first quarter the rate was 6.1 percent. Altogether India grew at a rate of 7 percent in this financial year sofar. There is confidence that we will achieve the projected target of 6.5 percent growth in FY09-10. The insufficient monsoon is major concern in the coming quarter. Due to this the farm growth will definitely decline which will have an impact on all other sectors. Mining, Manufacturing and Electricity were the major sectors contributed largely to the growth figures in the second quarter. Natural Gas production in the country increased significantly. Which is a silver lining in the growth story of India.
Reports are coming from Dubai about the recent crisis. Indian Indices over reacted when report about the crisis first came. During trading hours sensex was down by over 600 points and Nifty by over 200 points. But both Indices came back strongly and the severe reaction lasted only for one day. Dubai asked for a freeze on its US $ 80 billion debt due to troubles at Dubai World – the emirate's corporate arm. This came as a shock for the world. Primary reports said that it was the beginning of another financial crisis. But later the picture became clear and there will be limited impact on Indian market due to Dubai crisis.
Looking forward the dust over financial crisis finally settles down. Indian market emerged winner among developing nations-the continued FII inflow proves the same. Sensex started the year 2009 at 9721, the November closing figure is 16926 with an upward inclination. Sometimes there were selling pressure but Indian market overcame it in style. Now Indian investors can invest in Mutual Funds through NSE terminals. The inauguration of the same took place on 30th November. It is a drastic change in Indian capital market. It is believed that this move will increase retail participation in the market. Now investors can contribute to the growth story of India by investing continuously.
During November Bombay Sensitive Index recorded a growth of 6.48 percent against it's last month figure to close at 16926. Sensex was with in the range 15331-17290 in November. Nifty gained 6.81 percent against it's October closing and the rate is 5033. Buying interest witnessed across Midcap and Smallcap stocks. They increased by 6.67 percent and 6.57 percent respectively.
Buying interest spread across all sectors except reality. Recent Dubai crisis was the main reason behind the sell off in reality counter during November. Real Estate stocks were down by 4.36 percent. Metal stocks were the major gainers in November, up by 16.87 percent which is a record for the beaten down sector during the financial crisis. Auto sector was up by 11.26 percent, thanks to the auto buying interest expressed by Indian consumers. Health Care and PSU sector stocks were up by more than 8 percent.
Indian market continued to be the hot spot for FIIs during November also. They bought equities worth Rs. 5497 Crore. But the domestic Institutions continued their selling for the second consecutive month. Rs. 695.60 worth equities were sold by them in November. FII inflow played a lead role in the 1030 point increase in sensex. It is assumed that money pumping by FIIs will continue in the recent future owing to India's shining growth figures.
In the July-September quarter Indian GDP rate is at 7.9 percent which was unexpected by the street. In the first quarter the rate was 6.1 percent. Altogether India grew at a rate of 7 percent in this financial year sofar. There is confidence that we will achieve the projected target of 6.5 percent growth in FY09-10. The insufficient monsoon is major concern in the coming quarter. Due to this the farm growth will definitely decline which will have an impact on all other sectors. Mining, Manufacturing and Electricity were the major sectors contributed largely to the growth figures in the second quarter. Natural Gas production in the country increased significantly. Which is a silver lining in the growth story of India.
Reports are coming from Dubai about the recent crisis. Indian Indices over reacted when report about the crisis first came. During trading hours sensex was down by over 600 points and Nifty by over 200 points. But both Indices came back strongly and the severe reaction lasted only for one day. Dubai asked for a freeze on its US $ 80 billion debt due to troubles at Dubai World – the emirate's corporate arm. This came as a shock for the world. Primary reports said that it was the beginning of another financial crisis. But later the picture became clear and there will be limited impact on Indian market due to Dubai crisis.
Looking forward the dust over financial crisis finally settles down. Indian market emerged winner among developing nations-the continued FII inflow proves the same. Sensex started the year 2009 at 9721, the November closing figure is 16926 with an upward inclination. Sometimes there were selling pressure but Indian market overcame it in style. Now Indian investors can invest in Mutual Funds through NSE terminals. The inauguration of the same took place on 30th November. It is a drastic change in Indian capital market. It is believed that this move will increase retail participation in the market. Now investors can contribute to the growth story of India by investing continuously.
Thursday, November 26, 2009
26/11:One year after
One year have passed. Like anything the grief also scaled down. But the fear still remains. Now also global terrorism is a big concern among nations. Mumbai terror attack was really a blow on India. India's security system collapsed. Maharashtra CM and union home minister resigned followed by 26/11. The security problems in India are very complicated since it is a large country. The cultural and religious diversity sometimes make it impossible to monitor the situation. Parliament attack and Mumbai attack proved that Indian security system is not that much strong. Anyone can be attacked any where in India. 26/11 also proved that India is a major target for global terrorists.
After one year of Mumbai attacks what we have done. There were promises and security checks. Head changes and alerts. But the question still remains-are we really safe. Our neighboring country has become the center of global terrorism. Our leaders have been talking, pleading and the exercise continues. Kasab is still behind the bars and the investigation goes on. During Mumbai attacks it was said that the coastal security system of the country is weak. Our leaders vowed that they will strengthen it. But as always there were eye washes nothing solid has been done yet. Terrorists who had relations with Mumbai attacks are planning more attacks on India.
After 26/11 UPA government again came into power. Their home minister remains the same. Congress party has significant domination in major states. Now is the right time to coordinate war against terror. It is pretty clear that terrorists will look for attacks in India. More dead bodies means more fame for them. India will always be the target so it is our duty to be prepared. Prepared as well as we can. So-many had laid down their lives due to this terrorists. Their lives also are important. It's the duty of the government to ensure the safety of their citizens. When it comes to terrorism every political party should unite. This is the duty of every Indian to fight against terrorism.
Coordination among various states is very important in this regard. Particularly the coastal areas. There should be a special wing in every state police to deal with terrorism. An effective national level set up and proper passage of valuable information are the key factors to tackle terrorism. A proper mechanism should be implemented to monitor tourists irrespective of their nationality. Citizen should help police by handing over valuable information of suspects.
Coordination among countries is also equally important. If we set up a cordial relation with all the countries it will be easy to deal with global terrorism. We should learn from US. After 9/11, nothing of that kind happened in US. But this is not in the case of India. This points out the need for rigorous measures to be taken in order to ensure the safety of Indians. Terrorism is not against an Individual, it's against humanity. It's everyone's duty to contribute their pie for the elimination of terrorism. Terrorism is definitely a hurdle on the road to progress.
After one year of Mumbai attacks what we have done. There were promises and security checks. Head changes and alerts. But the question still remains-are we really safe. Our neighboring country has become the center of global terrorism. Our leaders have been talking, pleading and the exercise continues. Kasab is still behind the bars and the investigation goes on. During Mumbai attacks it was said that the coastal security system of the country is weak. Our leaders vowed that they will strengthen it. But as always there were eye washes nothing solid has been done yet. Terrorists who had relations with Mumbai attacks are planning more attacks on India.
After 26/11 UPA government again came into power. Their home minister remains the same. Congress party has significant domination in major states. Now is the right time to coordinate war against terror. It is pretty clear that terrorists will look for attacks in India. More dead bodies means more fame for them. India will always be the target so it is our duty to be prepared. Prepared as well as we can. So-many had laid down their lives due to this terrorists. Their lives also are important. It's the duty of the government to ensure the safety of their citizens. When it comes to terrorism every political party should unite. This is the duty of every Indian to fight against terrorism.
Coordination among various states is very important in this regard. Particularly the coastal areas. There should be a special wing in every state police to deal with terrorism. An effective national level set up and proper passage of valuable information are the key factors to tackle terrorism. A proper mechanism should be implemented to monitor tourists irrespective of their nationality. Citizen should help police by handing over valuable information of suspects.
Coordination among countries is also equally important. If we set up a cordial relation with all the countries it will be easy to deal with global terrorism. We should learn from US. After 9/11, nothing of that kind happened in US. But this is not in the case of India. This points out the need for rigorous measures to be taken in order to ensure the safety of Indians. Terrorism is not against an Individual, it's against humanity. It's everyone's duty to contribute their pie for the elimination of terrorism. Terrorism is definitely a hurdle on the road to progress.
Tuesday, November 24, 2009
Mutual Funds to be listed in stock market
In a move aimed at providing mutual fund investors more options to buy or sell units of mutual fund schemes, the Securities and Exchange Board of India (Sebi) allowed mutual fund schemes to be transacted through brokers of stock exchanges. This move is expected to reduce the transaction costs for investors compared with what they were paying before Sebi clamped down on distributor commissions. The step is also a relief to many mutual fund investors, deprived of services from distributors, who have been selling lesser equity schemes because of lower incentives. In August, the market regulator banned mutual fund houses from charging entry load or initial fees that found its way to distributors. Sebi said, instead, distributors should collect commissions directly from investors.
(Source: The Hindu Business Line)
Friday, November 13, 2009
Anna's first night
It was a saturday night
Anna was asked to undress herself. It was her wedding night.
She was sixteen then
First she removed her sari, the blouse after that she gently removed her underwear, her inner skin was whiter than the rest of the body.
Simon was eagerly watching her. His eyes became wider. At once Anna completed her undressing he hugged her hardly. His dress was only a single mundu, no underwear.
He kissed her. This was the first time Anna being kissed by a man on her lips.
Simon felt like kissing on a sponge. He then removed his mundu.
Suddenly sky started raining. Among dark hairs her vagina was like a hibiscus flower.
Simon lay over her and started kissing her lips and neck again and again. He squeezed her breast, which was like tender coconut.
When Simon found way into her body Anna started screaming. Simon closed her mouth. He then took a rosary and put it on her left hand and pressed it. Blood crawled down through her left thigh.
Anna was not Simon's first wife, but Clara was. On the first night when Simon started kissing Clara she became unconscious. She died on the first anniversary of their marriage.
Clara was Anna's elder sister. When she died some of the relatives came with the proposal and the marriage just happened.
Anna saw only darkness all around. Everything standstill, only Simon is working on her.When Simon was over her Anna started dreaming. The dream was also happening in the rain....
A man was dancing in the night. But he had no penis, instead of that he had vagina. He was half man and half woman. Suddenly the rain stopped. Then he became a complete man. His penis started growing, longer and longer by every minute. It became like a large snake. The man took a large knife and cut it. Black blood pumped from it. The man fell down and died.
Simon detached his body from her and like a wet tree, full of sweat, he lay down beside her.
Anna was asked to undress herself. It was her wedding night.
She was sixteen then
First she removed her sari, the blouse after that she gently removed her underwear, her inner skin was whiter than the rest of the body.
Simon was eagerly watching her. His eyes became wider. At once Anna completed her undressing he hugged her hardly. His dress was only a single mundu, no underwear.
He kissed her. This was the first time Anna being kissed by a man on her lips.
Simon felt like kissing on a sponge. He then removed his mundu.
Suddenly sky started raining. Among dark hairs her vagina was like a hibiscus flower.
Simon lay over her and started kissing her lips and neck again and again. He squeezed her breast, which was like tender coconut.
When Simon found way into her body Anna started screaming. Simon closed her mouth. He then took a rosary and put it on her left hand and pressed it. Blood crawled down through her left thigh.
Anna was not Simon's first wife, but Clara was. On the first night when Simon started kissing Clara she became unconscious. She died on the first anniversary of their marriage.
Clara was Anna's elder sister. When she died some of the relatives came with the proposal and the marriage just happened.
Anna saw only darkness all around. Everything standstill, only Simon is working on her.When Simon was over her Anna started dreaming. The dream was also happening in the rain....
A man was dancing in the night. But he had no penis, instead of that he had vagina. He was half man and half woman. Suddenly the rain stopped. Then he became a complete man. His penis started growing, longer and longer by every minute. It became like a large snake. The man took a large knife and cut it. Black blood pumped from it. The man fell down and died.
Simon detached his body from her and like a wet tree, full of sweat, he lay down beside her.
Monday, November 9, 2009
വീണ്ടും തിരിച്ചടി
ജിഇവിതം ത്രിച്ചടികലുറെത് മാത്രമാകുന്നു. ഇന്ന് വിഇണ്ടും ഒരു തിരിച്ചടിക്ുടി ഉണ്ടായി. വളരെ നാളായി ഇത് പെടിചിരുന്നതാണ്. ജോലി സ്ഥലത്തെ പിഇടനം തന്നെയാണ് വിഷയം. ഇവിടെ കഷ്ടപാട് തുടരുന്നു. ഇനി കാര്യമായി ഒന്നും പ്രതീക്ശികനില്ല. ഒരു വദനതിഇരും മുമ്പ് മറൊണ്ണ് വരുന്നു. ഇത് എനിക്ക് സഹിക്കാന് കഴിയുന്നില്ല. എല്ലാമ ശരിയകുമെണ്ണ് വിശ്വസിക്കാന് ശ്രമിക്കുനെന്കിലും കഴിയുന്നില്ല.
Wednesday, November 4, 2009
വിപണിയില് കുതിപ്പ്
ആറുദിവസത്തെ നഷ്ടകച്ചവടത്തിന് ശേഷം ഇന്ത്യന് സുചികകള് മികച്ച മുന്നേറ്റം രേകപെടുതി. വ്യാപാരം തുടങ്ങിയത് മുതല് വിപണിയില് വാങ്ങല് പിന്തുണ ദ്രിശ്യമായി. എല്ലാ വിഭാഗം ഓഹരികളിലും വാങ്ങല് പിന്തുനയുന്റായി. കഴിഞ്ഞ ദിവസങ്ങളില് തകര്ച്ച നേരിട്ട റിയാലിറ്റി, മീറ്ല് വിഭാഗം ഓഹരികളാണ് ഇന്നലെ മികച്ച പ്രകടനം നടത്തിയത്. സെന്സെക്സ് അന്ഞ്ുടി എഴ പോയിന്റ് ഉയര്ന്നു. നിഫ്ടി നൂടി നാല്പതെഴ്ത് പോയിന്റ് ഉയര്ന്നു.
ഇടത്തരം ചെറുകിട വിഭാഗം ഓഹാരികല്കും പിന്തുണ കിട്ടി. റിലയന്സ് ഉള്പ്പെടുയുള്ള മുന നിര ഓഹരികള്ക്ക് പിന്തുണ കിട്ടിയതാണ് നേട്ടത്തിന്റെ പ്രധാന കാരണം.
ഇടത്തരം ചെറുകിട വിഭാഗം ഓഹാരികല്കും പിന്തുണ കിട്ടി. റിലയന്സ് ഉള്പ്പെടുയുള്ള മുന നിര ഓഹരികള്ക്ക് പിന്തുണ കിട്ടിയതാണ് നേട്ടത്തിന്റെ പ്രധാന കാരണം.
Monday, November 2, 2009
തകര്ച്ചയ്ക്ക് ശേഷം തിരിച്ചുവരവ്
ഇന്ത്യന് വിപണി തകര്ച്ചയ്ക്ക് ശേഷം തിരിച്ചുവരവ് നടത്തി. വ്യാപാരം തുടങ്ങിയത് നഷ്ടത്തിലായിരുന്നു. ശനിയാഴ്ച പുറത്തുവന്ന കമ്പനി ഫലന്ന്ങള് മോശമായതും ആഗോള വിപണികളിലെ നഷ്ടവുമാണ് ഇതിന് പ്രദാന കാരണം.
കഴിഞ്ഞ ആഴ്ച മുഴുവന് തുടര്ന്ന നഷ്ടക്കച്ചവടം വിപണിയെ വന് തോതില് തളര്ത്തിയിരുന്നു. എഴശതമാനമാണ് സുചികകള് ഇടിന്ന്ജത്. ഇന്ന താനനിലവാരത്തിലെ വാന്ന്ങലാണ് സുചികകളെ തിരിച്ചു വരവിന് സഹായിച്ചത്. റിയാലിറ്റി മേഖലയിലെ ഇടിവ് തിടരുന്നെന്കിഉലുമ് ഫാര്മ ഓട്ടോ വിഭാഗം ഓഹരികള്ക്ക് പിന്തുണ ലഭിച്ചു. ആസുത്രണ കമ്മിഷന്റെ എട്ട്ശതമാനം വളര്ച്ച നിരക്ക് എന്ന പ്രഖ്യാപനവും ഇടപാടുകാര് പോസിടിഇവാന് എടുത്ത്. സെന്സെക്സ് പതിന്പതിനാരായിയിരത്തിനു അടുത്തെക്ക് കുതിക്കുകയാണ്.
കഴിഞ്ഞ ആഴ്ച മുഴുവന് തുടര്ന്ന നഷ്ടക്കച്ചവടം വിപണിയെ വന് തോതില് തളര്ത്തിയിരുന്നു. എഴശതമാനമാണ് സുചികകള് ഇടിന്ന്ജത്. ഇന്ന താനനിലവാരത്തിലെ വാന്ന്ങലാണ് സുചികകളെ തിരിച്ചു വരവിന് സഹായിച്ചത്. റിയാലിറ്റി മേഖലയിലെ ഇടിവ് തിടരുന്നെന്കിഉലുമ് ഫാര്മ ഓട്ടോ വിഭാഗം ഓഹരികള്ക്ക് പിന്തുണ ലഭിച്ചു. ആസുത്രണ കമ്മിഷന്റെ എട്ട്ശതമാനം വളര്ച്ച നിരക്ക് എന്ന പ്രഖ്യാപനവും ഇടപാടുകാര് പോസിടിഇവാന് എടുത്ത്. സെന്സെക്സ് പതിന്പതിനാരായിയിരത്തിനു അടുത്തെക്ക് കുതിക്കുകയാണ്.
Friday, October 30, 2009
ഷുസ്
ഞാന് എന്നെക്കുറിച്ച് പറഞ്ഞാല് അത അഹങ്കാരം ആണെന്ന ആളുകള് പറയും. എങ്കിലും ഇത് പറയാതെ പറ്റില്ല. ഞാന് ഒരു കുട്ടുകാരനെ കണ്ടതാണ് സംഭവം. ഒരു വര്ഷത്തിലധികം ഞങ്ങള് ഒരു വര്ഷത്തിലധികം ഒരുമിച്ച് ജോലി ചെയ്തതാണ്. മാസന്ന്ങള്ക്ക് ശേഷം കഴിഞ്ഞ ശനിയാഴ്ച അവനെ കണ്ടു. വടക്കുംനാദ ക്ഷേത്ര പരിസരമായിരുന്നു സംഗമവേദി. കുറെ നാളായുള്ള വിശേഷങ്ങള് പറഞ്ഞ ഞാന് വെറുതെ ചോദിച്ചു നീ എന്നെ വിളിചിത്റ്റ് കുറെ നാളായല്ലോ എന്താ കാര്യം. അവന് വല്ലതായെന്കിലും പിന്നീട് പറഞ്ഞു. മുന്പ് ഒരിക്കല് അവന് എന്റെ വീട്ടില് വരട്ടെ എന്ന് ചോദിച്ചപ്പോള് ഞാന് വേണ്ട എന്ന് പറഞ്ഞു. അതിന് ശേഷമാണത്രേ അവന് എന്നെ ഒഴിവാക്കാന് തുടങ്ങിയത്. ശരിയാണ് അവന് അന്ന്ങനെ ചോദിച്ചിരുന്നു. അതിനു മുമ്പ് അവന്റെ വീട്ടില് ഞാന് പോയിരുന്നു. അവന്റെ അച്ഛന് മിന് വില്പനയാണ് ജോലി. പക്ഷെ അവന്റെ വീട് എന്റെതിനെ അപേക്ഷിച്ച് കൊട്ടാരമാണ്. അവന്റെ അമ്മ എല്ലാ സൌകര്യന്ന്ങളും ഉള്ള അടുക്കളയില് പാകം ചെയ്യുമ്പോള് എന്റെ അമ്മ ചോറ് വെയ്ക്കാന് പറമ്പിലെ ചവര് അടിക്കുന്നു. അവന് കട്ടിലില് കിടക്കുമ്പോള് ഞാന് നിലത്ത് പായയില് കിടക്കുന്നു. പ്ലാസ്റിക്ക് ചാക്കുകൊന്റ്റ് മറച്ച ജനലുകലാണ് എന്റെ വീട്ടില്. പ്രാഥമിക ആവശ്യന്ന്ങള്ക്ക് പ്ലാസ്റിക് കുരയാണ്. അതും മഴയത്ത് ചോരും. ആകെ രണ്ട് മുരിയനുല്ലത്. അതില് ഒന്നില് അച്ഛനും അമ്മയും ഒന്നില്ജനും അനിയനും കിടക്കും. ഇങ്ങനെ ഒരു വീട്ടിലെക്ക് നിന്നെ ഞാന് എങ്ങനെ വിളിക്കും. ഇതുവരെ എന്റെ ഒരു സുഹൃതുപോലും എന്റെ വീട്ടില് വനീട്ടില്ല.അവന് അത് വിശ്വസിച്ചില്ല എന്ന് തോന്നി. അത് എനിക്ക് നിരാശയാണ് നല്കിയത്. കാരണം അവന് നല്കിയ പ്ലാസ്റിക് ഷുസ് ധരിച്ചാണ് ഞാന് ഇപ്പോള് ചെയ്യുന്ന ജോലിയുടെ അഭിമുഖതിന്` പോയത്. ആ ഷുസ് തിരിച്ചുകൊടുക്കാന് എനിക്ക് കഴിഞ്ഞില്ല. അതിലൊരെണ്ണം പട്ടി കടിചികൊന്ടു പോയതാണ് കാരണം. എന്റെ ജിഇവിതത്തില് ഈ ജോലിയുടെ പ്രാധാന്യം അവന് മനസിലാകിക്കനില്ല. എങ്കിലും അവന് ചെയ്ത ഉപകാരം മറക്കാന് എനിക്ക് കഴിയില്ല. എന്നെങ്കിലും അവന് മനസിലാക്കട്ടെ നിവര്ത്തികെടുകൊന്റാന് ഞാന് അവനെ വീട്ടിലെക്ക് വിളികാതിരുന്നത്ങേണ്ണ്. അപ്പോള് ചാര്ളി ചാപ്ലിന് പറഞ്ഞതുപോലെ ഞാന് പറയും ' എനിക്ക് മഴയത്ത് നടക്കനാന് ഇഷ്ടം കാരണം ഞാന് കരയുന്നത് ആരും കാണില്ലല്ലോ.' ആ ഷുസ് തന്ന ചങ്ങാതി എന്റെ നന്ദികെട് പൊറുക്കട്ടെ.
കേരളത്തില് അടിയന്തരാവസ്ഥ
മാധ്യമങ്ങളുടെ ശല്യം സഹിക്കാനാകാതെ കേരളത്തിലെ ഇടത് സര്ക്കാര് അടിയന്തരാവസ്ഥ ഏര്പ്പെടുത്തി. സര്ക്കാരിന്റെ രഹസ്യന്ന്ങള് പുറത്താകുന്നു എന്നതാണ് കാരണം. മൂന്ന് വര്ഷം ഭരിച്ചുകഴിന്ന്ജപ്പോഴാണ് സര്കാരിന് ബോദോധയം ഉണ്ടാകുന്നത്. പാര്ട്ടിയെ തകര്ക്കുന്നത് മാധ്യമങ്ങലാനെന്ന്. അലാതെ ഇടതുപക്ഷ കാപട്യമല്ലെന്ന്. ലോക്സഭ തെരഞ്ഞെടുപ്പില് കിട്ടിയ തിരിച്ചടി പോലും മറന്നു മാധ്യമാന്ന്ങള്ക്ക് നേരെ കുതിര കയറാന് തന്നെയാണ് സര്ക്കാര് തീരുമാന. വകുപ്പുകള്ക്ക് കര്ശന നിയന്ത്രണം ഏര്പെടുത്തി. ഇന്ദിരാഗാന്ധി മരിചിട്ട് കാല് നൂടാന്ട് തികയുംപോഴാനു പുതിയ അഭ്യാസം എന്നത് കൌതുകകരമാണ്. വരാന് പോകുന്ന നിയമസഭ ഉപ തെരഞ്ഞെടുപ്പില് ജനം ഇതിനെതിരെ വിധിയെഴുതാതിരിക്കില്ല. ഇടതുപക്ഷം അവരുടെ അഹങ്ജാരം നിര്ത്താതെ രക്ഷപെടുന്ന പ്രശ്നമില്ല.
സെന്സെക്സ് ഈ ആഴ്ച അഞ്ചര ശതമാനം ഇടിന്ന്ഞു
ബോംബെ ഓഹരി വിപണി ഈ ആഴ്ച അഞ്ചര ശതമാനം വിലയിടിവ് രേഖപ്പെടുത്തി വ്യാപാരം അവസാനിപ്പിചു. ഇ ആഴ്ചയിലെ എല്ലാ ദിവസവും സുചികകള് നഷ്ടത്തിലാണ് വ്യാപാരം നിര്ത്തിയത്. ഈ മാസത്തെ അവസാന വ്യാപാര ദിവസം സെന്സെക്സ് 16,000n~ താഴെയിരന്ന്ങുകയും ചെയ്തു.
വിപണിയില് തുടക്കത്തില് മികചാ വാങ്ങല് പിന്തുണ കന്റെന്കിലും പിന്നിട്ട് നഷ്ടത്തിലായി. റിസര്വ് ബാങ്കിന്റെ പുതിയ വായ്പാ നയവും ആഗോള വിപണികളിലെ തണുപ്പന് പ്രകടനങ്ങളുമാണ് ഈ ആഴ്ച സുചികകളില് വില്പന സംമാര്ദ്ടതിന് പ്രധാന കാരണം .
കുടാതെ റിലയന്സ് ഉള്പെറെയുള്ള വന് കിട കമ്പനികള് നഷ്ടം രേകപെടുതിയതും തിരിച്ചടിയായി. പുഞ്ച ലോയ്ടിന്റെ iടാപാടുകാരെ തളര്ത്തിയ മറൊരു വാര്ത്തയാണ്. സെന്സെക്സ് 156 പോയിന്റ് ഇടിന്ന്ജ് 15896laaN~ വ്യാപാരം നിര്ത്തിയത് . 39 പോയിന്റ് നഷ്ടത്തിലായ ടെഷിഇയ ഓഹരി സുചികയിലെ ക്ലോസിന്ന്ഗ് നിരക്ക് 4712 .
വിപണിയില് തുടക്കത്തില് മികചാ വാങ്ങല് പിന്തുണ കന്റെന്കിലും പിന്നിട്ട് നഷ്ടത്തിലായി. റിസര്വ് ബാങ്കിന്റെ പുതിയ വായ്പാ നയവും ആഗോള വിപണികളിലെ തണുപ്പന് പ്രകടനങ്ങളുമാണ് ഈ ആഴ്ച സുചികകളില് വില്പന സംമാര്ദ്ടതിന് പ്രധാന കാരണം .
കുടാതെ റിലയന്സ് ഉള്പെറെയുള്ള വന് കിട കമ്പനികള് നഷ്ടം രേകപെടുതിയതും തിരിച്ചടിയായി. പുഞ്ച ലോയ്ടിന്റെ iടാപാടുകാരെ തളര്ത്തിയ മറൊരു വാര്ത്തയാണ്. സെന്സെക്സ് 156 പോയിന്റ് ഇടിന്ന്ജ് 15896laaN~ വ്യാപാരം നിര്ത്തിയത് . 39 പോയിന്റ് നഷ്ടത്തിലായ ടെഷിഇയ ഓഹരി സുചികയിലെ ക്ലോസിന്ന്ഗ് നിരക്ക് 4712 .
Thursday, October 29, 2009
സെന്സെക്സ് 230 പോയിന്റ് താഴ്ന്നു
ഇന്ത്യന് ഓഹരി സുചികകളിലെ വില്പന സമര്ദം അവസാനമില്ലാതെ തുടരുന്നു . ഈ ആഴ്ചയിലെ തുടര്കായായ നാലാം ദിവസവും ഇന്ത്യന് സുചികകള് നഷ്ടം രേഖപ്പെടുത്തി വ്യാപാരം പുര്ത്തിയാക്കി. വ്യാപാരം തുടന്ന്ങിയതുമുതല് വിപണിയില് വില്പന സമ്മര്ദ്ദം നടന്നു. മികവാരും എല്ലാ വിഭാഗം ഓഹരികളിലും വില്പന നടന്നു. ഇന്ത്യന് സുചികകള് പ്രതിസന്ദ്ഹി ഘട്ടതിലുറെയാണ് കടന്നുപോകുന്നത്.
സെന്സെക്സ് 231പോയിന്റ് ഇടിന്ന്ജ്
16053 വ്യാപാരം നിര്ത്തി. ദേശിയ ഓഹരി സുചിക
76പോയിന്റ് താഴ്ന്ന്
4751 വ്യാപാരം നിര്ത്തി.
നാളെ ഒരു ദിവസം വിപണിയില് കാര്യമായ മുന്നെടം പ്രതിഇക്ഷിക്കുന്നില്ല. ഹെവിവെയ്റ്റ് ഓഹരികള് രണ്ടാം പാദത്തില് മോശം പ്രകടനം രേകപെടുതിയതാണ് ഇടപാടുകാര് ഓഹരികള് വിടഴിക്കാന് കാരണം. ആഗോള വിപണികളിലെ നഷ്ടവും നഷ്ടത്തിന് കാരണമായി. ഇടപാടുകലുറെ എണ്ണം ഇന്നലെ വളരെ കുടുതലായിരുന്നു.
Tuesday, October 27, 2009
വിപണി കരടികളുടെ പിടിയില്
ഓഹരി വിപണി ഇന്നും കരടികളുടെ പിടിയില്ആയി. തുടര്ച്ചയായി രണ്ടാം ദിവസമായി വിപണി നഷ്ടത്തില് തുടരുന്നു. റിയാലിറ്റി, മേടല് ഇഭാഗം ഓഹാരികല്ക്കാന് ഇല്പന സമര്ദ്ദം കുടുതല്. സെന്സെക്സ് കാണാത്ത ഇടിവ് രേഖപ്പെടുത്തി. റിസര്വ് ബാങ്ക് പുതിയ നിര്ടെസം പ്രക്യപിച്ചത് റിയാലിറ്റി മേഖലയ്ക്ക് തിരിച്ചടിയായി. പവര്, ടെലികോം വിഭാഗം ഓഹരികള് ഇടിവ് രേകപെടുതി.
പ്രദാന നിരക്കുകളില് റിസര്വ ബാങ്ക് മാടം വരുത്തിയില്ല. എസ.എല്.ആര് നിരക്ക് ഇരുപതന്ച്ച് ആക്കി. സുചികകളില് വിലയിടിവ് തുടരുകയാണ്.
പ്രദാന നിരക്കുകളില് റിസര്വ ബാങ്ക് മാടം വരുത്തിയില്ല. എസ.എല്.ആര് നിരക്ക് ഇരുപതന്ച്ച് ആക്കി. സുചികകളില് വിലയിടിവ് തുടരുകയാണ്.
Sunday, October 25, 2009
വിപണിയില് വില്പന സമ്മര്ദ്ദം
തുടക്കം നെട്ടതിലായിരുന്നെന്കിലും ഇന്ത്യന് വിപണി പിന്നീട് നഷ്ടത്തിലായി. ആഗോള വിപണികള് നേട്ടത്തില് ആയിരുന്നു എന്നതിനാലാണ് വിപണിയില് തുടക്കത്തില് അല്പം ഉയര്ച്ച കണ്ടത്. റിയല് എസ്റെറ്റ് വിഭാഗത്തിലെ പ്രമുഖ ഓഹാരിയായ പുന്ച് ലോയിടിന്റെ രണ്ടാം പാദ ഫലന്ന്ങള് മോശമായത് ഇടപാടുകാരെ നിരാസയിലാക്കി. ഇതെതുടര്ന് ഇതില് വില്പന സമ്മര്ദം കുടി. എന്നാല് ഇത അധിക സമയം നിലനിന്നിഇല്ല. വിപണിയില് വാന്ന്ങള് പിന്തുണ ഇപ്പോള് ക്ുടുന്നുന്റ്റ്. സമയ മാടതിന്റെയും മാറും വാര്ത്തകള് വിപണി അനുക്ുലമായാണ് സ്വീകരിക്കുകയെന്ന് കരുതുന്നു. എന്നാല് വായ്പ നിരക്ക് അവലോകനം ഇടപാടുകാര് ഗൌരവമായാണ് കാണുക. അതിന്റെ പ്രകടനം വിപണിയില് കാണും. ഏതായാലും വിപണിയില് ഇപ്പോള് നഷ്ടതിന് അനുക്ുലമായ സുച്ചനകളാണ്. റിയാലിറ്റി, ഉപഭോഗ വസ്തുക്കള് എന്നിവയാണ് കുടുതല് വില്പന സമ്മര്ദ്ദം നേരിട്ടത്. അതേസമയം, ഐ.ടി, ഫാര്മ വിഭാങന്ന്ങള്ക്ക് ആവശ്യക്കാരുന്റ്റ്. പുന്ച് ലോയിടിന്റെ മോസം ഫലം മറ്റ് റിയാലിറ്റി കമ്പനികളിലും വില്പന സമ്മര്ദ്ദത്തിനു കാരണമായി.
ഓഹരി വിപണിയിലെ സമയം മാറുമ്പോള്
ഓഹരി വിപണിയിലെ സമയം മാറ്റാനുള്ള തീരുമാനതിന് സെബി അങ്ങിഇകാരം നല്കികഴിന്ന്ഞു. നിലവില്
9.55മുതല് 3.30വരെയാണ് വിപണിയിലെ സമയം. പുതിയ സമയക്രമം വന് മാടന്ന്ങള് വരുത്തും. വ്യാപാര സമയം ഒന്പത് മുതല് അഞ്ച് വരെയാക്കന്നാണ് സെബി അങ്ങിഇകാരം നല്കിയത്. കഴിഞ്ഞ വര്ഷമാണ് ദേശിയ ഓഹരി വിപണി അധിക്ര്തര് സമയമാടതിനു നിര്ദേശം നല്കിയത്. സെബി കുടി പച്ചകൊടി കറിയ നിലയ്ക്ക് സമയമാഠം ഉടന് നടക്കുമെന്ന് കരുതുന്നു.
ആഗോള വിപണികളിലെ സമയത്തിനനുസരിചാകും ഇനി ഇന്ത്യന് വിപണിയിലെയും വ്യാപാരം. ഇതുംുളം ഇടപാടുകാര്ക്ക് കുടുതല് സമയം കിട്ടും. വിപണിയില് ഇടപാടുകലുറെ എന്നതില്ക് വന് മാടന്ന്ങള് നടക്കും. എന്നാല് ഇതിന് അനുശ്ര്തമായി വിപണിയുമായി ബന്ധപെട്ട സ്ഥാപനന്ന്ങള് പ്രവര്തികെന്ടതുന്റ്റ്. റിസര്വ് ബാങ്ക് ഇതിന് പുതിയ നിടെസന്ന്ങള് ഉടന് നല്കുമെണ്ണ് കരുതുന്നു. ഏതായാലും ഏറ്റ മനിക്ക്ൂര് ജോലി എന സങ്കല്പം വിപണിയുമായി ബന്ധപ്പെട്ട സ്ഥാപനന്ന്ങളില് ഇതോടെ നില്ക്കും എന്നാണു കരുതുന്നത്. ഇവിടന്ന്ങളിലെ സമയക്രമം പുനര് നിര്യിക്കെന്റി വരും. കുടാതെ ഒനലൈന് എന ആസയത്തിനു കുടുതല് പ്രസക്തിയും കൈവരും.
9.55മുതല് 3.30വരെയാണ് വിപണിയിലെ സമയം. പുതിയ സമയക്രമം വന് മാടന്ന്ങള് വരുത്തും. വ്യാപാര സമയം ഒന്പത് മുതല് അഞ്ച് വരെയാക്കന്നാണ് സെബി അങ്ങിഇകാരം നല്കിയത്. കഴിഞ്ഞ വര്ഷമാണ് ദേശിയ ഓഹരി വിപണി അധിക്ര്തര് സമയമാടതിനു നിര്ദേശം നല്കിയത്. സെബി കുടി പച്ചകൊടി കറിയ നിലയ്ക്ക് സമയമാഠം ഉടന് നടക്കുമെന്ന് കരുതുന്നു.
ആഗോള വിപണികളിലെ സമയത്തിനനുസരിചാകും ഇനി ഇന്ത്യന് വിപണിയിലെയും വ്യാപാരം. ഇതുംുളം ഇടപാടുകാര്ക്ക് കുടുതല് സമയം കിട്ടും. വിപണിയില് ഇടപാടുകലുറെ എന്നതില്ക് വന് മാടന്ന്ങള് നടക്കും. എന്നാല് ഇതിന് അനുശ്ര്തമായി വിപണിയുമായി ബന്ധപെട്ട സ്ഥാപനന്ന്ങള് പ്രവര്തികെന്ടതുന്റ്റ്. റിസര്വ് ബാങ്ക് ഇതിന് പുതിയ നിടെസന്ന്ങള് ഉടന് നല്കുമെണ്ണ് കരുതുന്നു. ഏതായാലും ഏറ്റ മനിക്ക്ൂര് ജോലി എന സങ്കല്പം വിപണിയുമായി ബന്ധപ്പെട്ട സ്ഥാപനന്ന്ങളില് ഇതോടെ നില്ക്കും എന്നാണു കരുതുന്നത്. ഇവിടന്ന്ങളിലെ സമയക്രമം പുനര് നിര്യിക്കെന്റി വരും. കുടാതെ ഒനലൈന് എന ആസയത്തിനു കുടുതല് പ്രസക്തിയും കൈവരും.
Friday, October 23, 2009
കാര്യമായ കയടിരക്കന്ന്ങള് ഇല്ലാതെ അവസാനം
തുടക്കത്തിലെ മുന്നേറ്റം ഇന്ത്യന് വിപണിക്ക് അവസാനം വരെ തുടരാന് കഴിഞ്ഞില്ല. മൂന്ന് ദിവസത്തെ തുടര്ചയായ നഷ്ടക്കച്ചവടത്തിന് ശേഷം ഇന്ത്യന് സുചികകള് നേരിയ നേട്ടത്തില് വ്യാപാരം നിര്ത്തിതുടക്കം വിലയുയര്ച്ച കാണിച്ച സുചികകള് പിന്നീട് വില്പന സമ്മര്ദം കാഴ്ചവെച്ചു. ലാഭമെടുപ്പാനു സുചികകളെ നഷ്ടതിലാകിയത്. അവധിക്ക് പിരിയുന്നതിനു മുമ്പുള്ള വിടഴിക്കലാണ് ഉച്ചക്ക് ശേഷം നടന്നത്. മിക്കവാറും എല്ലാ വിഭാഗം ഓഹരികളും വിലക്കയറ്റം കാണിച്ചു. സെന്സെക്സ് 17000nuതാഴെയിരന്ന്ങി. ദേശിയ ഓഹരി സുചികയും നഷ്ടം രേഖപ്പെടുത്തി.
എന്നാല് തുടക്കത്തിലെ ഒരു മണിക്കൂഇന് ശേഷം വിപണിയില് ചാഞ്ചാട്ടം daãശ്യാമായി .
അടുത്ത ആഴ്ച കമ്പനികളുടെ മികച്ച ഫലത്തിന്റെ പിന്ബലത്തില് വിപണി കയരുമെന്ന് കരുതുന്നു. കുറാതെ മികച്ച കമ്പനികള് കുറഞ്ഞ വിലയ്ക്ക് ലഭിക്കുമെന്നതും അനുക്ുള ഘടകമാണ്. റിയാലിറ്റി, എന്ചിനീയരിന്ന്ഗ്, ഓയില്, പൊതുമേഖലാ സ്ഥാപനന്ന്ങള് എന്നിവയില് വിടഴിക്കള് നടന്നു. ബാക്കി വിഭാങന്ന്ങളില് വാന്ന്ങള് പിന്തുണ ദ്ര്യശ്യമായി. സെന്സെക്സ് 21പോയിന്റ് ഉയര്ന്ന 16811l vയാപാരം നിര്ത്തി. നിഫ്ടി എട്ട പോയിന്റ് കുടി 4997വ്യാപാരം നിര്ത്തി.
എന്നാല് തുടക്കത്തിലെ ഒരു മണിക്കൂഇന് ശേഷം വിപണിയില് ചാഞ്ചാട്ടം daãശ്യാമായി .
അടുത്ത ആഴ്ച കമ്പനികളുടെ മികച്ച ഫലത്തിന്റെ പിന്ബലത്തില് വിപണി കയരുമെന്ന് കരുതുന്നു. കുറാതെ മികച്ച കമ്പനികള് കുറഞ്ഞ വിലയ്ക്ക് ലഭിക്കുമെന്നതും അനുക്ുള ഘടകമാണ്. റിയാലിറ്റി, എന്ചിനീയരിന്ന്ഗ്, ഓയില്, പൊതുമേഖലാ സ്ഥാപനന്ന്ങള് എന്നിവയില് വിടഴിക്കള് നടന്നു. ബാക്കി വിഭാങന്ന്ങളില് വാന്ന്ങള് പിന്തുണ ദ്ര്യശ്യമായി. സെന്സെക്സ് 21പോയിന്റ് ഉയര്ന്ന 16811l vയാപാരം നിര്ത്തി. നിഫ്ടി എട്ട പോയിന്റ് കുടി 4997വ്യാപാരം നിര്ത്തി.
Thursday, October 22, 2009
കുതിപ്പോടെ വ്യാപാരം തുടന്ന്ങി
മൂന്ന് ദിവസത്തെ നഷ്ടത്തിനോടുവില് ഇന്ത്യന് ഓഹരി വിപണി ഇന്ന് കുതിപ്പോടെ വ്യാപാരം തുടങി. താനനിലവരത്തിലെ വാങ്ങലും ആഗോള വിപണികള് മികചാ നെട്ടതിലായതുമാണ് ഇതിന് പ്രധാന കാരണം. നിയമസഭ തെരന്ഞ്ഞെടുപില് കോണ്ഗ്രസ് മികച്ച നെട്ടമുന്ടാക്കിയതും ഇടപാടുകാര് പൊസിടീവായാനു എടുത്തത്. ആഴ്ചയുടെ അവസാനമായതിനാല് വാന്ന്ങള് പിന്തുണ കൂടിയിട്ടുന്ട്. കോണ്ഗ്രസ് തെരഞ്ഞെടുപ്പ് വിജയം ഇടപാടുകാരില് ആത്മവിശ്വാസം വളര്ത്തി.
സ്ുചികധിഷ്ടിത ഓഹരികള് താഴ്ന്ന വിലയില് കിട്ടിയതും വിപണി ഉയരാന് ഒരു കാരണമാന്നു. നിഫ്ടി
5000നിലവാരം കടന്നു. സെന്സെക്സ്17000nu അടുത്തെത്തി. റിയാലിറ്റി മെറ്റല് വിഭാഗമാണ് കുതിപ്പ് നടത്തിയത്. കഴിഞ്ഞ ദിവസന്ന്ങളില് ഇവ വന് നഷ്ടം രേഖപ്പെടുത്തിയിരുന്നു.
വൈകുന്നെരതോറെ ഷോര്ട്ട്കവറിംഗ് നടക്കും എന്നും വിലയിരുത്തപ്പെടുന്നു.
സ്ുചികധിഷ്ടിത ഓഹരികള് താഴ്ന്ന വിലയില് കിട്ടിയതും വിപണി ഉയരാന് ഒരു കാരണമാന്നു. നിഫ്ടി
5000നിലവാരം കടന്നു. സെന്സെക്സ്17000nu അടുത്തെത്തി. റിയാലിറ്റി മെറ്റല് വിഭാഗമാണ് കുതിപ്പ് നടത്തിയത്. കഴിഞ്ഞ ദിവസന്ന്ങളില് ഇവ വന് നഷ്ടം രേഖപ്പെടുത്തിയിരുന്നു.
വൈകുന്നെരതോറെ ഷോര്ട്ട്കവറിംഗ് നടക്കും എന്നും വിലയിരുത്തപ്പെടുന്നു.
വിപണിയില് വിലയിടിവ് തുടരുന്നു
ഇന്ത്യന് ഓഹരി വിപണിയിലെ വിടഴിക്കള് തുടരുന്നു . ഇന്ത്യന് സുചികകള് തുടര്കായായ മുന്നാം
വ്യാപാര ദിവസവും നഷ്ടത്തിന്റെ മഞ്ഞു വിഇഴ്ച്ച രേഖപ്പെ ത്തി . വില്പന സമ്മര്ദ്ദം മുരുകിയതോറെ ഇന്ത്യന് സുചികകള് അവയുടെ സുപ്രധാന നിലവാരന്ന്ങള്ക്ക് താഴെയിരന്ന്ങിയാന് വ്യാപാരം അവസാനിപ്പികാത് .
ആഗോള വിപണികളിലെ വില്പന സമ്മര്ദ്ദമാണ് ഇന്ത്യന് വിപണിയില് കരടികളെ ഇറക്കിയത് . ഇന്നലെ വ്യാപാരത്തിന്റെ മുഴുവന് സമയവും സുചികകള് നഷ്ടത്തിന്റെ മേഖലയിലായിരുന്നു . വ്യാപാര അവസാന തോടടുപ്പിക് വിപണിയില് വില്പന സമ്മര്ദ്ദം ശക്തമായ്.
വ്യാപാര ദിവസവും നഷ്ടത്തിന്റെ മഞ്ഞു വിഇഴ്ച്ച രേഖപ്പെ ത്തി . വില്പന സമ്മര്ദ്ദം മുരുകിയതോറെ ഇന്ത്യന് സുചികകള് അവയുടെ സുപ്രധാന നിലവാരന്ന്ങള്ക്ക് താഴെയിരന്ന്ങിയാന് വ്യാപാരം അവസാനിപ്പികാത് .
ആഗോള വിപണികളിലെ വില്പന സമ്മര്ദ്ദമാണ് ഇന്ത്യന് വിപണിയില് കരടികളെ ഇറക്കിയത് . ഇന്നലെ വ്യാപാരത്തിന്റെ മുഴുവന് സമയവും സുചികകള് നഷ്ടത്തിന്റെ മേഖലയിലായിരുന്നു . വ്യാപാര അവസാന തോടടുപ്പിക് വിപണിയില് വില്പന സമ്മര്ദ്ദം ശക്തമായ്.
എം ടിയോട് ചില വിയോജിപ്പുകള്
കേരളം കണ്ട ബിഗ് ബജറ്റ് സിനിമയായ പഴശിരാജ അതിന്റെ അവതരണ രിതികൊന്റ്റ് മികച്ച സിനിമയാണ്. താരന്ന്ങള്ക്ക് വലിയ പ്രാധാന്യം കിട്ടിയ സിനിമയില് പക്ഷെ സ്ക്രിപ്ടിന്കാര്യമായ വിലയില്ല. ഈ സിനിമയില് എം ടിയോട് ചില വിയോജിപ്പുകള് പ്രകടിപ്പിക്കാനാണ് ഇത്. ഈ സിനിമയിലെ രണ്ടു കതാപാട്രന്ന്ങള് എം ടി രൂപപ്പെടുതിയിരിക്കുന്നത് തിര്തും ആലോചന കുടാതെയാണ്.
എടച്ചേന കുംകന്, തലയ്ക്കല് ചന്തു എന്നിവയാണ് ആ കതാപാത്രന്ന്ങള്. സിനിമയില് ഒരിടത്ത് പഴശിരാജയുടെ അളിയനോട് കുംകന് പറയുന്നു തനിക്ക് കുടുംബ മഹിമയില്ലെന്ന് മാത്രമല്ല് സെനാനായക പ്പട്ടം അയാള്ക്ക് നല്കുകയും ചെയുന്നു. കാരണമായി പറയുന്നത് കുടുംബ മഹിമയില്ലെന്ന്. എങ്കിലും അവസാനം വരെ പഴശിരാജ എന്ന സവര്ണനെ സേവിക്കും എന്നും പറയുന്നു. തമ്പുരാന് എന്നാണു അയാള് പഴശിരാജയെ വിളിക്കുന്നത്.
ഇതേ രുപത്തില്തന്നെയാണ് നായരായ എം.ടി തലയ്ക്കല് ചന്തുവിനെയും രൂപപ്പെടുതിയിട്ടുള്ളത്. തമ്പുരാനുവേണ്ടി ചാവാന് തയാറായ അയാള്ക്ക് ഔദാര്യമായി ഭരണം കൊടുക്കാന് തയാറാവുകയാണ് പഴശിരാജ. എന്നാല് അയാള് അത് ത്യജിക്കുന്നു. തമ്പുരാനെ സേവിക്കലാണ് അയാളുടെ ലക്ഷ്യം. ഏറെ ശക്തമായ ഈ കഥപാത്രന്ന്ഗലെ ഇങ്ങനെ വിദേയരാക്കി അവതരിപ്പിക്കുക വഴി സവര്ണനായ പഴശിരാജ യെയാണ് എം ടി അവതരിപ്പിക്കുന്നത്. ഇതു പക്ഷെ പഴശിരാജയൊട് ചെയ്യുന്ന നീതികെടനു.
എടച്ചേന കുംകന്, തലയ്ക്കല് ചന്തു എന്നിവയാണ് ആ കതാപാത്രന്ന്ങള്. സിനിമയില് ഒരിടത്ത് പഴശിരാജയുടെ അളിയനോട് കുംകന് പറയുന്നു തനിക്ക് കുടുംബ മഹിമയില്ലെന്ന് മാത്രമല്ല് സെനാനായക പ്പട്ടം അയാള്ക്ക് നല്കുകയും ചെയുന്നു. കാരണമായി പറയുന്നത് കുടുംബ മഹിമയില്ലെന്ന്. എങ്കിലും അവസാനം വരെ പഴശിരാജ എന്ന സവര്ണനെ സേവിക്കും എന്നും പറയുന്നു. തമ്പുരാന് എന്നാണു അയാള് പഴശിരാജയെ വിളിക്കുന്നത്.
ഇതേ രുപത്തില്തന്നെയാണ് നായരായ എം.ടി തലയ്ക്കല് ചന്തുവിനെയും രൂപപ്പെടുതിയിട്ടുള്ളത്. തമ്പുരാനുവേണ്ടി ചാവാന് തയാറായ അയാള്ക്ക് ഔദാര്യമായി ഭരണം കൊടുക്കാന് തയാറാവുകയാണ് പഴശിരാജ. എന്നാല് അയാള് അത് ത്യജിക്കുന്നു. തമ്പുരാനെ സേവിക്കലാണ് അയാളുടെ ലക്ഷ്യം. ഏറെ ശക്തമായ ഈ കഥപാത്രന്ന്ഗലെ ഇങ്ങനെ വിദേയരാക്കി അവതരിപ്പിക്കുക വഴി സവര്ണനായ പഴശിരാജ യെയാണ് എം ടി അവതരിപ്പിക്കുന്നത്. ഇതു പക്ഷെ പഴശിരാജയൊട് ചെയ്യുന്ന നീതികെടനു.
Sensex below 17,000
Indian market witnessed selling pressure for the third continuous day. The never ending profit booking is the main reason behind the downfall of indices. The seel off story from European indices also weighed the sentimence. Sensex now trading below it's psychological level of 17K. Nifty left behind 5000 level and now trading at 4900 level. Selling activity turned towards midcap stocks. When the markets heading towards closing there will be some buying interest.
There are more and more positive news like good Q2 numbers. But the impatient traders are avoiding all of them. The projected growth rate of 6.75 is another reason to invest in stocks. I think the panic selling will continue till tomorrow afternoon. Tomorrow expectation of closing flat or well above. Next week there will be buying interest from the part of traders. Selling pressure witnessed in the recent star sectors was also another factor leading the market to loss
Read detailed story;
http://www.moneycontrol.com/news/local-markets/nifty-breaks-5kweak-european-cues-dlf-lt-dip-4_420319.html
There are more and more positive news like good Q2 numbers. But the impatient traders are avoiding all of them. The projected growth rate of 6.75 is another reason to invest in stocks. I think the panic selling will continue till tomorrow afternoon. Tomorrow expectation of closing flat or well above. Next week there will be buying interest from the part of traders. Selling pressure witnessed in the recent star sectors was also another factor leading the market to loss
Read detailed story;
http://www.moneycontrol.com/news/local-markets/nifty-breaks-5kweak-european-cues-dlf-lt-dip-4_420319.html
Wednesday, October 21, 2009
Profit booking continues
Indian stock market witnessed profit booking for the second consecutive day. On wednesday Indian traders were selling shares from the opening bell itself. Selloff in the global markets also influenced indian traders.
Only during the end of the week there will be buying interest from traders. Auto, FMCG and banking sector witnessed selling pressure.
Sensex closed just above 17,000 mark at 17009 down by 214 points. This was a recent blow for BSE. Nifty also witnessed selling pressure and closed down by 51 points at 5064.
It is advisable to buy at corrections.
Tuesday, October 20, 2009
വിപണിയില് നഷ്ടം
ഇന്ത്യന് ഓഹരി വിപണിയില് നഷ്ടം. ദീപാവലിക്ക് ശേഷം ലാഭമെടുപ്പ് നടന്നതാണ് നഷ്ടത്തിന് കാരണം. രാവിലെ സുചികകള് നേട്ടത്തിലായിരുന്നു. എന്നാല് ഉച്ചക്ക് ശേഷം ലാഭമെടുപ്പ് നടന്നു. ഓയില് ആന്റ് ഗ്യാസ്, ഉപഭോഗവസ്തുക്കള് എന്നിവയിലാണ് വില്പന സമ്മര്ദ്ദം ഉണ്ടായത്. റിയാലിറ്റി, മെറ്റല്, ഐടി, ഓട്ടോ വിഭാഗത്തിലാണ് വാങ്ങല് പിന്തുണ കിട്ടിയത്.
ഇനിയും ഇന്ത്യന് വിപണിയില് വില്പന സമ്മര്ദ്ദം ഉന്ടാകുമെന്ന് വിലയിരുതലുന്ട്. ഈ ആഴ്ച വിപണി ചാന്ചാടനാണ് സാധ്യത. നിക്ഷേപകര് വിപണി സ്ഥിരത കൈവരിചിട്ട് പണം ഇറക്കിയാല് അതാകും ഉത്തമം. ഊഹക്കചവടക്കാര്ക്ക് ഇപ്പോള് നല്ല അവസരമാണ്. ഇന്ത്യന് വിപണി മുനെരുകയാനെന്നതില് ആര്ക്കും വലിയ സംശയമില്ല. ഇനിയും പുതിയ റെക്കോഡുകള് ഇന്ത്യന് വിപണി പിന്നിടും.
ഇനിയും ഇന്ത്യന് വിപണിയില് വില്പന സമ്മര്ദ്ദം ഉന്ടാകുമെന്ന് വിലയിരുതലുന്ട്. ഈ ആഴ്ച വിപണി ചാന്ചാടനാണ് സാധ്യത. നിക്ഷേപകര് വിപണി സ്ഥിരത കൈവരിചിട്ട് പണം ഇറക്കിയാല് അതാകും ഉത്തമം. ഊഹക്കചവടക്കാര്ക്ക് ഇപ്പോള് നല്ല അവസരമാണ്. ഇന്ത്യന് വിപണി മുനെരുകയാനെന്നതില് ആര്ക്കും വലിയ സംശയമില്ല. ഇനിയും പുതിയ റെക്കോഡുകള് ഇന്ത്യന് വിപണി പിന്നിടും.
Indian market ended in red
It was a surprise day for Indian market. Market opened in green. It was in it's green terrain throughout the morning session. But in the afternoon indicies witnessed profit booking. Profit booking was expected in Indian bourses after diwali. Oil and gas and consumer durables witnessed selling pressure. Across sectors it was mixed response. Sensex closed at 17223, down by 103 points. Whereas nifty recorded a loss of 27 points and closed at 5114.
In the remaining three trading days there will be volatility in the market. Disinvestment and Q2 results are the main drivers in this week. On friday there will be huge buying interest across all sectors. Markets are bullish in the short term.
Friday, October 16, 2009
Muhurat trading will decide fate of the market
Indian bourses are strong now. Market witnessed rally ahead of Diwali. It is believed that muhurat trading (one hour trading during Diwali) will decide the fate of the market. The great Indian bull Rakesh Jhunjhunwala predicted that market will reach at it's peak at the beginning of next year. It is the opportune time to buy under valued stocks. On muhurat trading day usually Indian market will be under control of bulls. (Some doubt this time since market closes for long weekend). FIIs are watching diwali season in patience and they will decide after muhurat trading.
In short muhurat trading will decide the fate of the market.
ടെലികോം കമ്പനികള് മികച്ചനിലവരത്തില്
ടെലികോം കമ്പനികള് മികച്ചനിലവരത്തില്. ഇപ്പോള് വാങ്ങാന് പറ്റിയ സമയമാണ്. ട്രായി തീരുമാനവും സെബിയുടെ വേളിപ്പെടുതലുമാണ് ടെലികോം കമ്പനികള് നഷ്ടത്തിലാകാന് കാരണം. ടാറ്റാ ഒഴികെ ബാക്കി ടെലികോം കമ്പനികള് ഇപ്പോള് താഴ്ന്ന നിലവാരത്തില് ലഭിക്കും. കഴിഞ്ഞ ദിവസന്ന്ങളില് ഏകദേശം അഞ്ച് ശതമാനം ഇവ നഷ്ടത്തിലായിരുന്നു.
ടെലികോം കമ്പനികള് ഭാവിയില് മികച്ച കയറ്റം നടത്തും. അതിനാല് ഇപ്പോള് വാങ്ങിക്കാന് പറ്റിയ സമയമാണ്. ഐഡിയ, എയര്ടെല് എന്നിവ മികച്ച മുന്നേറ്റം നടത്തും. ദീപാവലിക്ക് ശേഷം വിപണിയില് ചെറിയ ഇടിവ് ഉണ്ടായാല് ടെലികോം കമ്പനികള് ആദ്യമായി വാങ്ങ്ങാവുന്നതാണ്.
ടെലികോം കമ്പനികള് ഭാവിയില് മികച്ച കയറ്റം നടത്തും. അതിനാല് ഇപ്പോള് വാങ്ങിക്കാന് പറ്റിയ സമയമാണ്. ഐഡിയ, എയര്ടെല് എന്നിവ മികച്ച മുന്നേറ്റം നടത്തും. ദീപാവലിക്ക് ശേഷം വിപണിയില് ചെറിയ ഇടിവ് ഉണ്ടായാല് ടെലികോം കമ്പനികള് ആദ്യമായി വാങ്ങ്ങാവുന്നതാണ്.
Thursday, October 15, 2009
Indian telecom stocks undervalued now
Indian markets are well back on it's track. Ahead of diwali Indian bourses are strong. For the third day in this week Indian Indices are immersed in green. This can be an opportunity for an intelligent Investor.
As an impact of IRDA guideline of second billing telecom stocks except Tata communications plunged. The failure of MTN-Airtel deal was another reason behind the blow. In three days Indian telecom stocks plunged 4.5%.
The selling pressure on them still continues. When SEBI said that they will check the books of Reliance communications the sahre of the company witnessed huge selling pressure.
Telecom stocks are now undervalued and can be bought now. These would prove to be a safe bet in the near future.
Picks: IDEA and Apollo tyres.
Gold price hike and indian customers
Gold is heading towards new record. In the international market yellow metal is glowing like anything. As a reflection of the same indian market also witnesses price hike.
There is a contradiction actually took plcae in the upsurge of Gold price. In normal case when equity markets are up the price of gold would show downward trend.But now equity markets are giving good returns. Dow jones crossed 10,000 mark after October 2008. In India also markets are heading towards it's peak.
India, being a major consumer hub of gold, is witnessing a huge price hike. There are analysts saying that it's a golden bubble and one day it would burst. At the same time when prices will reach at it's peak there will be less demand and as a result price may fall. When dollar gains strength that would reflect in gold price also. These factors would workout in the recent future.
സെബി തീരുമാനം റിലയന്സിനു വിനയായി
സെബി തീരുമാനം റിലയന്സിനു വിനയായി. റിലയന്സിന്റെ അകൌന്റ്റ് പരിശോദിക്കാനുള്ള തിരുമാനം കമ്പനിക്ക് വിനയായി. ഇതിന്റെ ഓഹരി വില ഇടിന്ന്ഞു. ബാക്കി മൊബൈല് കമ്പനികളെയും ഇത് ബാധിചു.
ഐഡിയ മാത്രം രക്ഷപെട്ടു. റിലയന്സിന്റെ ഓഹരി വില രണ്ട് ശതമാനം കുറഞ്ഞു. എയര്ടെല് നഷ്ടത്തിലായി.
കഴിഞ്ഞ ആഴ്ചയും മൊബൈല് കമ്പനികള് നഷ്ടത്തിലായിരുന്നു.
http://www.blogger.com/post-create.g?blogID=8952691593916210632
ഐഡിയ മാത്രം രക്ഷപെട്ടു. റിലയന്സിന്റെ ഓഹരി വില രണ്ട് ശതമാനം കുറഞ്ഞു. എയര്ടെല് നഷ്ടത്തിലായി.
കഴിഞ്ഞ ആഴ്ചയും മൊബൈല് കമ്പനികള് നഷ്ടത്തിലായിരുന്നു.
http://www.blogger.com/post-create.g?blogID=8952691593916210632
വിപണിയില് ചാഞ്ചാട്ടം
ഇന്ത്യന് ഓഹരി വിപണിയില് ഇന്ന് ചാഞ്ചാട്ടം കാണിചു. കഴിഞ്ഞ ദിവസങളില് വിപണി മികച്ച നേട്ടം രേകപ്പെടുതിയിരുന്നു. മുന്നര ശതാമാനം കഴിഞ്ഞ ദിവസങ്ങളില് വിപണി നേട്ടം കൈവരിച്ചിരുന്നു. ദീപാവലിക്ക് മുന്നോടിയായി വിപണിയില് കാളകള് പിടിമുരുക്കുന്നതാണ് ഇതിന് കാരണം.
സെന്സെക്സും നിഫ്ടിയും ഇപ്പോള് തന്നെ മികച്ച നിലവാരത്തിലാണ്. ഇതേനില ഇനിയും തുടരുമെന്നാണ് വിലയിരുത്തല്. http://market
Indian market ends flat
Indian market ends flat.After two days of upward trend volatility seen in Indian market. Market opened green but profit booking continued till the end.
In the coming days also some volatility will be seen. Diwali and muhurt trading will be the milestone in the Indian market. It is a custom that on Muhurt trading bourses will end up in green. Last year, in the middle of recession also the trend was the same.
Sensex closed at 17195 down by 36 points and nifty closed at 5109 down by 9.35 points.Mixed response witnessed across sectors. IT and Health care were main draggers. Metal and Banking stocks witnessed huge buying interest.
In the coming days also some volatility will be seen. Diwali and muhurt trading will be the milestone in the Indian market. It is a custom that on Muhurt trading bourses will end up in green. Last year, in the middle of recession also the trend was the same.
Sensex closed at 17195 down by 36 points and nifty closed at 5109 down by 9.35 points.Mixed response witnessed across sectors. IT and Health care were main draggers. Metal and Banking stocks witnessed huge buying interest.
Wednesday, October 14, 2009
Market volatile
Indian stock market opened high. But after some time some profit booking seen in Indian bourses. Markets are volatile now. It is believed that consolidation has been taken place in the market.
Both sensex and nifty will remain in 17,000 and 5000 level respectively. Telecom stocks are under axe now also. SEBIs announcement to check audit issues of Rcom is another blow for telecom companies.
In short term Midcap and small scrips would witness buying interest by FIIs and DIIs. Now this would be a lottery for the small scale investor.
Bank onb every opportunity is the call of the hour.
sensex, market,opportunity
Indian market at it's 17 month high
Huge buying interest witnessed in Indian market on wednesday (14-Oct-09). After a gap of one day due to Maharashtra elections traders bought shares enthusiastically. It is believed that Indian bourses would witness more upsurge in the coming days.
Metals were the hot picks among traders. Dollar depreciation is the main reason behind it. Base metals showing more activity. Another reason for today's surge is the exit poll results in favour of congress party in Maharashtra. Indian Rupee appreciation also one major factor. More and more companies are posting positive results in september quarter this also played significant role in forming market sentiment.
India incorporated is out of recession. Index stocks are witnessing buying interest. When they become over priced there will be buing interest in the small and midcap space. Investors should concentrate in these sector now.
Sensex closed at 17231.11 up by 204.44 points and nifty posted gain of 63.95 points and closed at 5118.20. Both indices are at their 17 month peak.
View detailed report
Monday, October 12, 2009
Indian market ready to boom ahead of Diwali
Bullish rally ahead of diwali will be seen in Indian market. Traders are optimistic about the market now.They think Indian bourses will surge in the coming four days. Last time also huge buying was seen in the diwali week. After that some profit booking took place. FIIs also uses this opportunity very well to make profit.
Sensex closed above 17,000 mark and nifty crossed 5000 mark. Industrial production in the country shows an upward trend which is a good sign for investor. After by elections also there will be some buing interest if congress doing good. Q2 numbers of companies will also make significant effect in the market. This is the right time to buy undervalued stocks. Traders should try to milk the opprtunity arises in the short term rally.
Friday, October 9, 2009
Market ends weak for the week
Indian markets closed weak.It was a volatile week for the market.From the very beginning of October Indian markets showed an upward trend.Bulls were in control. FII inflow happened in a huge manner. Both sensex and nifty crossed 17,000 and 5000 mark respectively. But when reached the second week some profit booking have taken place. I think FIIs were inactive in this week. They just watched the show. As a result volatility witnessed in Indian market.
TRAIs recommendation for second billing came as a shock for Indian traders and increased selling pressure was witnessed in telecm stocks. RIL announced 1:1 bonus which was a diwali gift ahead of diwali for indian investors. But indices failed to reflect the enthusiasm. Indian market underperformed golbal peers for the week. This week Indian traders neglected global cues completely.
Both sensex and nifty down by about 3% for the week. IT stocks were main losers above 7%. Inspite of good infy numbers traders sold tech stocks. For the coming week I expect some volatility in the first two days. There after market will become consolidate. After diwali bulls will be back. Sensex will remain in 17,000 range till the end of september.Nify will trade above 5000mark. Short term rally is expected in telecom and IT stocks since bottom level buying will take place in coming days. Airtel and IDEA looks hot for the coming days.
Wednesday, October 7, 2009
Bullish,volatile then plunged
Indian markets closed in red on wednedday.During opening bulls were in control. But that sentimence remained only fro a while. At noon market was highly volatile.Panic selling witnessed in IT, Oil and gas and Auto stocks. When market headed towards closing selling activity increased. Only consumer durables and metal stocks were favourites among investors. Both Nifty and sensex closed below psychological levels of 5000 and 17,000 respectively. Sensex closed at 16807 down by 152 points where as nifty was down by 42 points and closed at 4986.
It is believed that market will be range boung in short term
Detailed report available in moneycontrol
Tuesday, October 6, 2009
Market shoots up
Indian Market shooted up on opening. Traders are optimistic today.Sharp upward trend seen in the opening. At the time of writing it nifty up by 35 points and sensex by 122 points. Yesterday senssex was below 17000 mark but today it opened well above 17000. Metal,Reality, FMCG, Engineering are the major gainers. I expect market to be rangebound today and will close flat today.
Some selling pressure is seen now.
According to the sentiments from market the trend will continue.It is expected that Indian Market will touch it's all time high in this year.
IPO market and Indian Investors
After the worst financial crisis in 70 years Indian markets are well in track. It is said that financial meltdown in the US started in December 2007 and continued for one and half years. Now the situation is well under control, thanks to government aids to the economy. Legendary investor described the crisis as one in a lifetime. All major banks and financial institutions in the US collapsed. Millions lost their job around the world. Unrest seen in Australia. Indian students were attacked. Anarchy took place some parts of the world. This was the result of then recent meltdown. The 'U' curve in the economy took the turn and now it shows signs of steadiness. The worst is almost over.
In Indian context the effect of global financial crisis was not that bad. Real estate sector, where prices were at it's peak, witnessed liquidity crunch. Tourism and aviation sectors also witnessed slowdown. Techies and financial services executives lost their job. Government came forward with three stimulus packages injected the same into the economy. Now it is believed that Indian economy regained it's health and can compete china. Recently concluded G-20 summit was a milestone in the economic aspect of India. All big economies in the world agreed that India is a giant economic power. India is one of the few markets which is less affected by the financial crisis.
In India as part of the financial crisis Indian stock market plunged and witnessed it's recent lows. January 2008 was a good month for Indian stock market. Both sensex and nifty recorded their all time heights in that month. But in the same month market started collapsing. Then it was said that the plunge in the market was due to profit booking. But the downward trend continued and sensex came down to 7000 range in October 08.
Indian traders were in panic and they sold their stocks and exit from the market. Now secondary market is very active and almost all the losses were settled. During financial crisis the primary market also was in bad form. Many of the companies postponed their IPO. Some IPOs came in the market but failed to attract investor confidence. As a result IPO market or primary witnessed huge crisis. In 2007 alone 95 IPOs came and majoruty of them were great hit because of favorable market conditions. In the year 2008 only 36IPOs came in the market but failed to collect money. This year sofar 13 IPOs came in to the market. Due to favorable market conditions recent IPOs of Adani power, NHPC and Oil India were hit.
Adani power, the company owned by Gautam Adani was one major IPO after the financial crisis. The issue was over subscribed by 21 times. It is a fact that after listing the companies didn't shine much except Oil India. On the listing day itself Oil India's stock price was up by Rs.100. Indian IPO market is now active and people are more interested in buying fresh shares. Primary market in India slowly gaining pace and this will be the same in the near future.
On 24th August Bombay stock exchange started IPO index. Which was first of it's kind in India. The index tracks the value of stocks for two years after listing with base date May 3, 2004.Now a days an Investor can apply for IPO through online. Every broker is offering this facility. It's a cost effective practice and the investor need not pay any fees to apply for the same. Investor can also keep the money in the bank account which will only be withdrawn after the allotment. These are encouraging factors which believed to attract the common investor towards IPO market. If secondary market remains good there will be no obstacle before the primary market also.
Monday, October 5, 2009
'Now second is the new minute'-Telecomm stocks tumble
Telephone Regulatory Authority Of India made second billing mandatory. Tata communications was far ahead in this regard, their docomo gsm service was for runner and they started one second billing. Now TRAI made it mandatory.This is a good move for the customer and will attract more and more customers. When 3G come into effect there will be even more participation.But which is a bad news for the major telecom players. After the collapse of Airtel-MTN deal the stock plunged yesterday. The bad omen spread for all telecom players.
Idea stock down around 10%,Airtel and Tata down by 10.5%, Tata communications the lest affected only plunged by 2.15%. Traders expect the earnings of these players will be down.
TRAI's move is a boon to mobile phone customers.Tariff rates will decrease in short term.Reliance already announced rate cut. More competition is expected in the telecom sector.
also read related article:
Sunday, October 4, 2009
Children without hands
Look at them
They are children without hands
This is the truth
As naked as afternoon
They are children without hands
Not one or two
But Thousands and thousands of them
They walk along the street
Lungs of the city empty now
like a village classroom
Around the corner
Infront of the assembly building
There is a heap of small hands
like dead bodies of soldiers
like broken brushes
In this empty city
there are ways to brothels
But no ways to reach children
Look at them
They are children without hands
They walk along the street
like a march of saints
The light in their eyes never fade
They are children without hands
Their tears are big enough to dissolve the earth
Bullish rally witnessed in Indian Market in September
September was a good month for Indian market. Almost all the trading days in September Indian markets closed in green. In September there were long weekends but this didn't affect the investor sentiment. On the last day of September sensex touched 17,000 mark after a huge gap of 16 months. Nifty also witnessed huge buying interest and it crossed 5000 mark. FIIs and DIIS are very much interested in buying Indian stocks. In the initial days of September global news played key role in shaping the future of Indian market. FIIs activity was largely concentrated in the indices stocks. During the second half of September small scale investors kept a distance from Indian market and they were very cautious. Compared to index stocks less buying interest was witnessed in midcap and smallcap stocks. On the first trading day of October market witnessed choppiness and closed in a flat note ahead of long weekend.
Sensex closed at 17127 on the last trading day of September. It surged 9.32 percent from it's August closing. Nifty was up by 422 points and closed at 5084 against August closing. Sensex opened at 15691 in September and it's low for the month was 15357. During September four companies listed in NSE including public sector companies NHPC and Oil India. Oil India listing was a great hit since it surged by over Rs 100. During September world observed the first anniversary of Global Financial Crisis. Indian bourses though less affected than other major indices in the world made it clear that it is well it it's track towards glory. As a result FII inflow to Indian market witnessed a major boost.
All category stocks witnessed an upward trend. Banking stocks were the major gainers. Banking index of BSE recorded a gain of 18 percent against last month. Metal stocks marked 14 percent increase. Health care and Auto stocks were also hot picks among investors, both gained 13 percent. Reality and Power stocks were less favorite. Small cap stocks were up by 8.47 percent where as Midcap stocks witnessed 7.5 percent increase in September.
Equity oriented mutual funds also improved their performance. China and monsoon factor were less effective during the month. It is believed that retail activity was also low during the period. Profit booking didn't take place much in September. Investors expect a profit booking or correction in the market in the short term.
Going ahead midcap and smallcap spaces are left vacant for investors. Some profit booking may take place in the coming days. It will be beneficial for the investor to use every opportunity. Milk every opportunity should be the motto of the investor.
Thursday, October 1, 2009
Market ends flat ahead of long weekend
Indian stock market closed flat ahead of long week. (I predicted some profit booking-anyway it ended flat)
Throughout the session the market was choppy.Coming week is very important for markets. According to faber the worst is not over yet!.
Sensex ended at 17135, up by 8 points. Where as nifty ended with out any appreciable profit or loss. There was mixed response in the sectoral indices. IT stocks gained most, healthe care sector witnessed some selling pressure.
Some caution is needed for the long term prospective. If one is ready to take risk surely this market is for them.
Detailed report available in moneycontrol
Thursday, September 17, 2009
Poem-Falling Leaf
My love is so silent
like a falling leaf
But you always loved noise
My love is like a soldiers' dead body
But you always hated war
Your lips the most thin object in the world
never uttered my name
Yet you were so special to me
Your stomach, the virgin sky
I lost my kite in it
your lean hands
the most unnatural thing in the world
I always dreamed about it
When the rain started fucking the earth
I closed my eyes
( But you kept your eyes open)
Your hairs, the smallest trees on earth
I wander among them like a blind wind
Your eyes, the tiniest rivers
I lost my boat in it
I loved you
But you always hated me.
like a falling leaf
But you always loved noise
My love is like a soldiers' dead body
But you always hated war
Your lips the most thin object in the world
never uttered my name
Yet you were so special to me
Your stomach, the virgin sky
I lost my kite in it
your lean hands
the most unnatural thing in the world
I always dreamed about it
When the rain started fucking the earth
I closed my eyes
( But you kept your eyes open)
Your hairs, the smallest trees on earth
I wander among them like a blind wind
Your eyes, the tiniest rivers
I lost my boat in it
I loved you
But you always hated me.
Wednesday, September 16, 2009
Poem-I lost my Blood
Today I lost my blood
Yesterday it was there, like a red ocean
But today it is lost
How and why is still a mystery
The fact is today I lost my blood
Now my body is like a leather change purse
The veins are like hollow snakes
They cry
They crawl
They search for existence
I lost my blood
Blood is a country
Now I am a refugee
Blood is mouth
Blood is vagina
Blood is penis
Blood is a platoon of soldiers
Blood is a body without eyes
Blood is a map full of pirates
But the fact is I lost my blood.
Yesterday it was there, like a red ocean
But today it is lost
How and why is still a mystery
The fact is today I lost my blood
Now my body is like a leather change purse
The veins are like hollow snakes
They cry
They crawl
They search for existence
I lost my blood
Blood is a country
Now I am a refugee
Blood is mouth
Blood is vagina
Blood is penis
Blood is a platoon of soldiers
Blood is a body without eyes
Blood is a map full of pirates
But the fact is I lost my blood.
Holy cows and unholy cattle
I admire Shashi Tharoor. He is a great Indian. He dreamed of becoming the UN secretary general. He is a great author. Bureaucrats can become politicians. But whether they become good or bad, it's their deal. Politics is a good game in India. Be it sport stars or silver screen stars, their ultimate aim is to enter politics. Because power is like opium, It's a good medicine to ones ego.
Indian National Congress is an aristocratic party. Their leaders consider themselves as aristocrats. Gandhi family, the party's feudal owners are the most aristocratic people in India. The prime minister of the party is a bureaucrat. UPA government is a combination of bureaucrats and aristocrats. In the cabinet union minister of state Shashi Tharoor is one of the high profile ministers. He has been termed as the twitter minister (with one lakh followers!). Recently he has been in the news for some wrong news. First one is for living in the hotel instead minister house. He made it clear that he is living at his expense and not using any penny of tax payers. This clearly defines that he is a minister who do not want to be with the common man, he wants to protect his aristocratic mentality. His staying in the hotel was against the party policy of cost cutting.
Now the latest hit by Tharoor came. He termed the congress president and AICC General secretary as holy cows and the common man as cattles. Since independence India was ruled by congress ministers. They were the office bearers for a major period post independence. Yet the common man in India are less privileged they are like cattle it's not their fault. It's the fault of the politicians. The government is responsible for this (particularly the congress party).
Don't blame us for our misfortunes. The common people have voted the UPA to power again. They are expecting so much from them. Congress says that they are with the common man, what about their ministers?. Tharoor may not know the problems of common man because he is not from them. He can call his leaders hollow cows. When he calls the common man cattle, naturally it bleeds. PM should take the issue seriously and warn the minister regarding this. If the UPA government wants to build it's image in a proper manner it should avoid nasty comments from it's ministers on common man
The common man is not cattle, they are the most valuable instruments in a democracy.
Indian National Congress is an aristocratic party. Their leaders consider themselves as aristocrats. Gandhi family, the party's feudal owners are the most aristocratic people in India. The prime minister of the party is a bureaucrat. UPA government is a combination of bureaucrats and aristocrats. In the cabinet union minister of state Shashi Tharoor is one of the high profile ministers. He has been termed as the twitter minister (with one lakh followers!). Recently he has been in the news for some wrong news. First one is for living in the hotel instead minister house. He made it clear that he is living at his expense and not using any penny of tax payers. This clearly defines that he is a minister who do not want to be with the common man, he wants to protect his aristocratic mentality. His staying in the hotel was against the party policy of cost cutting.
Now the latest hit by Tharoor came. He termed the congress president and AICC General secretary as holy cows and the common man as cattles. Since independence India was ruled by congress ministers. They were the office bearers for a major period post independence. Yet the common man in India are less privileged they are like cattle it's not their fault. It's the fault of the politicians. The government is responsible for this (particularly the congress party).
Don't blame us for our misfortunes. The common people have voted the UPA to power again. They are expecting so much from them. Congress says that they are with the common man, what about their ministers?. Tharoor may not know the problems of common man because he is not from them. He can call his leaders hollow cows. When he calls the common man cattle, naturally it bleeds. PM should take the issue seriously and warn the minister regarding this. If the UPA government wants to build it's image in a proper manner it should avoid nasty comments from it's ministers on common man
The common man is not cattle, they are the most valuable instruments in a democracy.
Thursday, August 27, 2009
Online share trading: The next big thing online
India is a traditional society. Indian's are more conventional in nature. When it comes to technology we are far behind than rest of the world. Although we are having tradition for centuries we are enjoying freedom only for 62 years. Thanks to our white skin masters for imparting education upon us. Our culture is unique and we celebrate unity in diversity. We are forerunners among developing countries. India is a major player in the region economically we are more fit (thanks to the visionaries who had marched ahead). We are a thick populated society. India also holds a a unique stature in the world which is we are the youngest country in the world. Half of our population is in between the bracket 18-23. Which means we have huge potential in terms of everything.
Some online statistics
Online world is another world for everyone. As they showed us in matrix we will be confused which one is real. Internet offers so many facilities to it's users, we must congratulate bill gates and company for offering such a splendid facility to the mankind (or should we thank someone else). There may be difference of opinions but one thing is sure that once online world will become more prominent than the real world (will all of us become machines speaking only 1&0, I simply can't imagine. Only 2 years before the internet using population in the world crossed 1 billion mark (oh my god 100 crores). Which simply means one in every six of world's population is clicking and the number is going up drastically. In India, the traditional and conventional, 50 million people uses internet and it grows like anything. By 2012 the number will be 81.3 million. (of course even more). Indian union also taken steps to encourage students to be online, internet education is part of curriculum in almost all the states. At least all of our people even heard about internet which is a big plus in this regard.
Are you bull or bear
Now a days everyone (most probably) is aware about bull and bear, at least they can identify these terms as cliches related to stock market. More and more people in India, especially young people,are turning towards stock exchanges for investment. But statistics says that of it's massive population only less than 10 percent is involved in any kind of investment and who are investing in capital market the percentage is below 2. The capital market investment population in India is less than 2 crore. It seems more and more literacy is needed in this avenue of investment.
The stock market investment crowd is concentrated in the upper class and upper middle class pie of the society. (Oh I heard someone saying to include the middle class-OK agreed). The rest 113 crore of the people may or may not invest but they do not invest in stock markets as of now, but in the future we will be forced to redraw the picture.
Online share trading
During the early years of 90s National Stock Exchange of India started trading using v-sat connections. Those days which was a revolutionary change and was referred as online trading. (now also some misunderstands online trading with internet trading).In late 90 internet became popular in India and when 20 century became past internet use in India increased at it's maximum pace.
With the emergence of new generation jobs people looked for new venues for investing and stock markets came first in the list. In 2004 when UPA government came into power stock market in india gained more popularity and lot of confidence had been imposed on it. During all these days ans now also offline share trading is the house full show. The traditional way of trading by visiting the branch, calling a call centre executive etc is called offline trading in which you need a persons assistance. Online trading (internet trading now refers) removed the second person before the screen and you and the system became the characters. This is the easiness that have been provided to the customer. If your bank also provides online facility you will be more relieved man. You don't want to step into a brokers office for anything everthing you want to do you can do at your home/office in your PC with internet connection.
Within just three years online trading in NSE increased an unbelievable 13 percent. With in 3 years it is believed that the number of internet using facility will be double. On an average 34 percent of booking in railway is done through internet and 80 percent of airline booking have also gone online (online masthi isn't it). Reliance money, ICICI Direct, India Infoline, Geojit BNP Paribas, Sharekhan, Kotak Securities are the major brokers who are offering online trading facility to their clients. Some are offering online trading facility only otherwise customer have to call the call centre where as some otheres are offering both online and offline trading facilities.
High speed execution, greater flexibility and control are the main advantages of online trading. The brokerage charges are less in online compared to offline trading. Customer can place orders even after the trading hours is another advantage of online trading. Real time tracking of stock prices is another advantage (you can easily skip the time delay in online trading-time means money honey).
Any disadvantages
The band width menace is the main menace considering online trading (it is believed that which will be solved when we enter 3G).When some big happenings in the stock market the brokers server will be down and the beloved customer will be at sea, staring at the monitor. The customer needs specific browsers and web configurations to view all the facilities provided by the broker like charts etc. If the customer is net savy he can deal online trading smoothly otherwise there will be no first aids from the broker.
In this fast forward life online share trading is the need of the hour. The internet using community will increase day by day. Online share trading is aiming a long innings for sure (at least it is a cost effective method for the broker also-no need to pay an employee). When mobile and internet convergence take place things will drastically change. Mobile share trading will function full fledgly with in years. Convergence of technology only means advantage to the customer.
Some online statistics
Online world is another world for everyone. As they showed us in matrix we will be confused which one is real. Internet offers so many facilities to it's users, we must congratulate bill gates and company for offering such a splendid facility to the mankind (or should we thank someone else). There may be difference of opinions but one thing is sure that once online world will become more prominent than the real world (will all of us become machines speaking only 1&0, I simply can't imagine. Only 2 years before the internet using population in the world crossed 1 billion mark (oh my god 100 crores). Which simply means one in every six of world's population is clicking and the number is going up drastically. In India, the traditional and conventional, 50 million people uses internet and it grows like anything. By 2012 the number will be 81.3 million. (of course even more). Indian union also taken steps to encourage students to be online, internet education is part of curriculum in almost all the states. At least all of our people even heard about internet which is a big plus in this regard.
Are you bull or bear
Now a days everyone (most probably) is aware about bull and bear, at least they can identify these terms as cliches related to stock market. More and more people in India, especially young people,are turning towards stock exchanges for investment. But statistics says that of it's massive population only less than 10 percent is involved in any kind of investment and who are investing in capital market the percentage is below 2. The capital market investment population in India is less than 2 crore. It seems more and more literacy is needed in this avenue of investment.
The stock market investment crowd is concentrated in the upper class and upper middle class pie of the society. (Oh I heard someone saying to include the middle class-OK agreed). The rest 113 crore of the people may or may not invest but they do not invest in stock markets as of now, but in the future we will be forced to redraw the picture.
Online share trading
During the early years of 90s National Stock Exchange of India started trading using v-sat connections. Those days which was a revolutionary change and was referred as online trading. (now also some misunderstands online trading with internet trading).In late 90 internet became popular in India and when 20 century became past internet use in India increased at it's maximum pace.
With the emergence of new generation jobs people looked for new venues for investing and stock markets came first in the list. In 2004 when UPA government came into power stock market in india gained more popularity and lot of confidence had been imposed on it. During all these days ans now also offline share trading is the house full show. The traditional way of trading by visiting the branch, calling a call centre executive etc is called offline trading in which you need a persons assistance. Online trading (internet trading now refers) removed the second person before the screen and you and the system became the characters. This is the easiness that have been provided to the customer. If your bank also provides online facility you will be more relieved man. You don't want to step into a brokers office for anything everthing you want to do you can do at your home/office in your PC with internet connection.
Within just three years online trading in NSE increased an unbelievable 13 percent. With in 3 years it is believed that the number of internet using facility will be double. On an average 34 percent of booking in railway is done through internet and 80 percent of airline booking have also gone online (online masthi isn't it). Reliance money, ICICI Direct, India Infoline, Geojit BNP Paribas, Sharekhan, Kotak Securities are the major brokers who are offering online trading facility to their clients. Some are offering online trading facility only otherwise customer have to call the call centre where as some otheres are offering both online and offline trading facilities.
High speed execution, greater flexibility and control are the main advantages of online trading. The brokerage charges are less in online compared to offline trading. Customer can place orders even after the trading hours is another advantage of online trading. Real time tracking of stock prices is another advantage (you can easily skip the time delay in online trading-time means money honey).
Any disadvantages
The band width menace is the main menace considering online trading (it is believed that which will be solved when we enter 3G).When some big happenings in the stock market the brokers server will be down and the beloved customer will be at sea, staring at the monitor. The customer needs specific browsers and web configurations to view all the facilities provided by the broker like charts etc. If the customer is net savy he can deal online trading smoothly otherwise there will be no first aids from the broker.
In this fast forward life online share trading is the need of the hour. The internet using community will increase day by day. Online share trading is aiming a long innings for sure (at least it is a cost effective method for the broker also-no need to pay an employee). When mobile and internet convergence take place things will drastically change. Mobile share trading will function full fledgly with in years. Convergence of technology only means advantage to the customer.
GST: What all you know?
If we shoot this question to a lay man what will be his reaction. I can say with damn confidence that he will simply glare at you. India is a developing country. I has got somany people living under the line of poverty. Poverty means lack of education also (by product of indian development). Being in a democratic system the majority of the people in India are suffering the disease called ill development. Some are developing not all, some are enjoying the fruits of development in fashion but some are simply watching it.
Our former primer minister once said-when we spend Re 1 for the poor only 20 paise will reach to them. He was blaming the inefficiency of the system. When we talk about all government schemes the same is happening everywhere. Take the case of prestigious projects by governments that they announce on a regular basis, always a minority knows all about it. Being unknown simply means the are not getting benefited from it. As also the policies by government- there is a vast majority of people who are unknown about it. The danger resides there, because all the policies are intended towards aam admi when they are unaware of it the virtue of the policies are lost.
Now take the case of the introduction of GST. Last central budget announced that goods and services tax will be in effect from April 1st, 2010. Former finance minister P. Chidambaram set the target time for the introduction of GST in 2006-07. After a gap of only three years government is going to introduce the new tax system. Government plans to collect the tax from it's people, but the very people don't know what is happening. How pity? Isn't it. When the European union introduced a common currency called euro they even published the details about the currency in comic books for children under the head-euro is simple. The west is more concerned about knowledge passing. Be it policy change or some big developments in the country they are eager to distribute it to all irrespective of their age and gender. But in India this is not the practice. One day government will announce a policy change, ofcourse media will carry it. Is it reaching every individual of this big country, the answer will be a big zero.
I only mean to say government should do it's public relations duty in a more fruitful way. It should be transparent and user friendly. When it comes to knowledge distribution it should depend popular media also. GST is actually a leap forward in the taxation in this country. As analysts say they need consessus of various states for the proper implementation of the new tax system. If they educate people properly through the media, they will line up behind the government and through this public opinion they can smoothly Implement the new system of taxation. After all people is considered as kings in a democratic system. By doing this government is only giving due respect to people rights.
Our former primer minister once said-when we spend Re 1 for the poor only 20 paise will reach to them. He was blaming the inefficiency of the system. When we talk about all government schemes the same is happening everywhere. Take the case of prestigious projects by governments that they announce on a regular basis, always a minority knows all about it. Being unknown simply means the are not getting benefited from it. As also the policies by government- there is a vast majority of people who are unknown about it. The danger resides there, because all the policies are intended towards aam admi when they are unaware of it the virtue of the policies are lost.
Now take the case of the introduction of GST. Last central budget announced that goods and services tax will be in effect from April 1st, 2010. Former finance minister P. Chidambaram set the target time for the introduction of GST in 2006-07. After a gap of only three years government is going to introduce the new tax system. Government plans to collect the tax from it's people, but the very people don't know what is happening. How pity? Isn't it. When the European union introduced a common currency called euro they even published the details about the currency in comic books for children under the head-euro is simple. The west is more concerned about knowledge passing. Be it policy change or some big developments in the country they are eager to distribute it to all irrespective of their age and gender. But in India this is not the practice. One day government will announce a policy change, ofcourse media will carry it. Is it reaching every individual of this big country, the answer will be a big zero.
I only mean to say government should do it's public relations duty in a more fruitful way. It should be transparent and user friendly. When it comes to knowledge distribution it should depend popular media also. GST is actually a leap forward in the taxation in this country. As analysts say they need consessus of various states for the proper implementation of the new tax system. If they educate people properly through the media, they will line up behind the government and through this public opinion they can smoothly Implement the new system of taxation. After all people is considered as kings in a democratic system. By doing this government is only giving due respect to people rights.
India and New tax code
The UPA second is on it's way to economic reforms. Earlier we expected it in the maiden budget. But that didn't happened. India incorporated was very much worried on this issue. The silence of the government on disinvestment, insurance and aviation sector reforms created much ado, but it were all waste since government itself go ahead with the expected reforms. (public sector disinvestment has already started with the IPO of NHPC, as many more IPOs are there in the pipeline). ASEAN agreement the trade agreement with the south east asian nation is another development in the overall development. The proposed food security act will only be possible if this agreement came in tto effect. China is very keen in utilizing all the available measures to tap the market in Asia. If India want to survive in this world of open market then we should think beyond china. UPA is still also silent in insurance and aviation reforms. But sooner or later they will consider it seriously.
New tax code
In the union budget there was some hike in the personal income tax limit. This proposal came at a time when global recession showed withdrawal syndrome. It is a simple logic that when the people in a country spends then only the economy of the country booms, we can't always look overseas for development. Which was evident during the time of global recession. China practiced the logic much before. In the global scenario also India is a major market with 1.15 billion people living here. All major global players in the market are now keen in opening branches in this country. As it is a truth all over the world india is a major service hub too (this proves that the salary given in india is cheap that's why all jobs are imported to india). Since the salary in India is very low considering global standards the income tax limit should also be in a rational way. The new tax code serves very well in this regard.
Draft direct tax code had been made public. Now it is left for debate and is proposed to implement in 2011. That means it will get almost 2 years to debate the new tax code. The highlight of the new tax code is the widening of tax limit. According to last general budget upto 1.6lakhs income will attract nil tax, for women the limit is 1.90lakhs and for senior citizens the limit is 2.40 lakhs. As it is a fact higher limit means higher spending by individuals. This in net effect will make positive impact in the economy. In the proposed new tax code income in the range 1.6-10 lakhs will only attract 10% tax only. The next slab is 10-25 lakhs which will attract a tax of 20% and above 25 lakhs the percentage is 30%. If these proposals are implemented there will be a large amount of money flow in the system.
Apart from these innovative steps savings limits will be increased form existing 1lakh to 3 lakhs. MAT (minimum alternate tax-tax payable to companies which are out of tax bracket) will be final tax and no carry over complication. STT, securities transaction tax-to eliminate from April 1, 2011. GST (goods and services tax) will be implemented from next financial year.It is believed that GST is a modern tax system which addresses all modern day tax issues.
Is it good
The new tax code is good to some extent. It will enable individuals to flow money to the market. The draft also proposes a reduction of 5% in corporate tax. The government is very sure that there will not be any loss in the revenue. Moreover it will bring transparency and simplicity to the system. The existing income tax law, 1961 will be replaced by the new law and India will reach in the 21st century taxation with the implementation of the same. Government plans to implement the tax tax law at the golden jubilee year of the existing tax law.
More aggressive debate is needed in this regard. If more simplicity is needed it should be done. Awareness in this regard should be done in a proper manner. Grass root level awareness is also required. If it is found out that the new system will cut governments revenue it should not impose new taxes on the people it should consider alternate measures to address the problem.
New tax code
In the union budget there was some hike in the personal income tax limit. This proposal came at a time when global recession showed withdrawal syndrome. It is a simple logic that when the people in a country spends then only the economy of the country booms, we can't always look overseas for development. Which was evident during the time of global recession. China practiced the logic much before. In the global scenario also India is a major market with 1.15 billion people living here. All major global players in the market are now keen in opening branches in this country. As it is a truth all over the world india is a major service hub too (this proves that the salary given in india is cheap that's why all jobs are imported to india). Since the salary in India is very low considering global standards the income tax limit should also be in a rational way. The new tax code serves very well in this regard.
Draft direct tax code had been made public. Now it is left for debate and is proposed to implement in 2011. That means it will get almost 2 years to debate the new tax code. The highlight of the new tax code is the widening of tax limit. According to last general budget upto 1.6lakhs income will attract nil tax, for women the limit is 1.90lakhs and for senior citizens the limit is 2.40 lakhs. As it is a fact higher limit means higher spending by individuals. This in net effect will make positive impact in the economy. In the proposed new tax code income in the range 1.6-10 lakhs will only attract 10% tax only. The next slab is 10-25 lakhs which will attract a tax of 20% and above 25 lakhs the percentage is 30%. If these proposals are implemented there will be a large amount of money flow in the system.
Apart from these innovative steps savings limits will be increased form existing 1lakh to 3 lakhs. MAT (minimum alternate tax-tax payable to companies which are out of tax bracket) will be final tax and no carry over complication. STT, securities transaction tax-to eliminate from April 1, 2011. GST (goods and services tax) will be implemented from next financial year.It is believed that GST is a modern tax system which addresses all modern day tax issues.
Is it good
The new tax code is good to some extent. It will enable individuals to flow money to the market. The draft also proposes a reduction of 5% in corporate tax. The government is very sure that there will not be any loss in the revenue. Moreover it will bring transparency and simplicity to the system. The existing income tax law, 1961 will be replaced by the new law and India will reach in the 21st century taxation with the implementation of the same. Government plans to implement the tax tax law at the golden jubilee year of the existing tax law.
More aggressive debate is needed in this regard. If more simplicity is needed it should be done. Awareness in this regard should be done in a proper manner. Grass root level awareness is also required. If it is found out that the new system will cut governments revenue it should not impose new taxes on the people it should consider alternate measures to address the problem.
Saturday, July 11, 2009
All issues cannot be resolved overnight; But
All lights are off and the Budget show is over. Before the great deal, once in a financial year, expectations were pretty high. FM just watched it over his round glass and neglected it. But he made some indications in his speech, only time will tell the exact meaning of those words and suggestions.
Is the budget so bad? A lound no is the answer. Everyone will agree, considering the adverse situations prevailing all over the world, that the budget 2010 is very important regarding the fate of the country. Naturally expectations were also high. After the budget speech Panob Mukherjee said that every issues can not be resolved overnight. Everything will take it's own time to get resolved. Market reacted in a negative manner to the budget. (Share market always reacts drastically to changes even if it is very small, even the FM was also shocked by it's reactions). The budget was more people oriented. The rail budget also had the same 'face value'. This clearly indicates that the central government headed by UPA is more focussed on people, especially the people they call aam admi.
In the budget script right from the beginning more concentration was on the infrastructure development. The second topic in the speech was agricultural reforms. Consequent to the announcements related to infrastructure and agriculture Indian markets showed some activity. Infrastructure development is a big issue need government attention so also agriculture. During the second part of the budget speech finance minister announced the allotments to social welfare projects. Altogether the budget spoke the language of common man which the corporates didn't understand.
India is the youngest country in the world. We have 55 crore youth residing here. Youth, as they say, is the most vibrant time of a man, full of passion, novel ideas and above all they are ready to work. All they want is some motivation. But in India they lack is the opportunity. It is the duty of the state that it should provide appropriate medicines to its people to fulfill their dreams. In this more complicated world knowledge is power, otherwise information is wealth. One who gains knowledge is the most powerful man in the world. One gets knowledge through education hence education should be the top priority to every government. But the union budget failed to address the issue properly. Of course there are suggestions, but it always happens and nobody cares. Education loans should be more liberalized. It should be interest free, more relaxed paper work, less traveling for the student and the parents. More relaxation to the terms for the students below the poverty one and some more consideration for the deserved one among them. Through proper lobbying from government only this will happen.
The next big thing is agriculture reforms. Climate change and attitudinal change are the major factors which adversely affects the agriculture sector of the country. The proposed food security bill is a major step in this regard. But some more serious steps should be taken to tackle this menace. China is thinking ahead in this context and they had already started steps to address the issue which will become a major concern for all the countries in the world in the future. Government should ensure the safety of the corps by implementing proper insurance schemes. Irrigation and power power supply to the rural india should be the main priority, these issues should be take care of in the proposed infrastructure development projects.
Another issue which needs proper care is the health care sector. The price of life saving medicines are increasing on a daily basis. Rural india is striving from lack of health care facility. Treatment is a kind of huge burden on them. Actually they are dying because they have no money to afford the treatment. Some rural insurance schemes should be implemented to overcome the problem. Subsidy should be given to the poor (poor should be determined based on their earning capacity)
There are no major proposals in the Budget to address these issues but these are the burning issues in the country and government should consider these also when they take issues into consideration.
Is the budget so bad? A lound no is the answer. Everyone will agree, considering the adverse situations prevailing all over the world, that the budget 2010 is very important regarding the fate of the country. Naturally expectations were also high. After the budget speech Panob Mukherjee said that every issues can not be resolved overnight. Everything will take it's own time to get resolved. Market reacted in a negative manner to the budget. (Share market always reacts drastically to changes even if it is very small, even the FM was also shocked by it's reactions). The budget was more people oriented. The rail budget also had the same 'face value'. This clearly indicates that the central government headed by UPA is more focussed on people, especially the people they call aam admi.
In the budget script right from the beginning more concentration was on the infrastructure development. The second topic in the speech was agricultural reforms. Consequent to the announcements related to infrastructure and agriculture Indian markets showed some activity. Infrastructure development is a big issue need government attention so also agriculture. During the second part of the budget speech finance minister announced the allotments to social welfare projects. Altogether the budget spoke the language of common man which the corporates didn't understand.
India is the youngest country in the world. We have 55 crore youth residing here. Youth, as they say, is the most vibrant time of a man, full of passion, novel ideas and above all they are ready to work. All they want is some motivation. But in India they lack is the opportunity. It is the duty of the state that it should provide appropriate medicines to its people to fulfill their dreams. In this more complicated world knowledge is power, otherwise information is wealth. One who gains knowledge is the most powerful man in the world. One gets knowledge through education hence education should be the top priority to every government. But the union budget failed to address the issue properly. Of course there are suggestions, but it always happens and nobody cares. Education loans should be more liberalized. It should be interest free, more relaxed paper work, less traveling for the student and the parents. More relaxation to the terms for the students below the poverty one and some more consideration for the deserved one among them. Through proper lobbying from government only this will happen.
The next big thing is agriculture reforms. Climate change and attitudinal change are the major factors which adversely affects the agriculture sector of the country. The proposed food security bill is a major step in this regard. But some more serious steps should be taken to tackle this menace. China is thinking ahead in this context and they had already started steps to address the issue which will become a major concern for all the countries in the world in the future. Government should ensure the safety of the corps by implementing proper insurance schemes. Irrigation and power power supply to the rural india should be the main priority, these issues should be take care of in the proposed infrastructure development projects.
Another issue which needs proper care is the health care sector. The price of life saving medicines are increasing on a daily basis. Rural india is striving from lack of health care facility. Treatment is a kind of huge burden on them. Actually they are dying because they have no money to afford the treatment. Some rural insurance schemes should be implemented to overcome the problem. Subsidy should be given to the poor (poor should be determined based on their earning capacity)
There are no major proposals in the Budget to address these issues but these are the burning issues in the country and government should consider these also when they take issues into consideration.
Wednesday, June 3, 2009
Tuesday, June 2, 2009
Night in the condom
We are together in this endless night
Naked, kissing each other
The perfume from your skin
Wandering inside my nostrils
Like a snake.
This is an irresponsible night
Like a penis inside condom
Infertile, still working.
I want to swallow every inch of your body
I want to conquer every cell of yours
I want to dig my grave
Inside your naked body
I want to reinvent myself in you
Through the lens of time
I want to be your history
Still naked
Penetrating through your life
Like sound penetrating through years
Wake upNight is going away from us.
Naked, kissing each other
The perfume from your skin
Wandering inside my nostrils
Like a snake.
This is an irresponsible night
Like a penis inside condom
Infertile, still working.
I want to swallow every inch of your body
I want to conquer every cell of yours
I want to dig my grave
Inside your naked body
I want to reinvent myself in you
Through the lens of time
I want to be your history
Still naked
Penetrating through your life
Like sound penetrating through years
Wake upNight is going away from us.
Wednesday, May 20, 2009
My Poems-2
Ugly Life
I am walking
I don’t know where I am going
Yet, I am walking
Under the orange sky
Under the asbestos roof of the world
I can’t fold my white umbrella
Since it is not working well
I have been thinking about life
It’s edges and corners
It’s bare heart
it’s nicotine tongue
it’s milk less breasts
But I want to escape from all these
From all these ugly phases of life
I can’t suffer the pain of life
Pain of being avoided
pain of being hated
pain of being nothing
How ugly is this life
I want to wash it with all my strength
I want to paint this world with my blood
I want to lit this world with the spark of my eyes
I want to defeat the world with my soul
I want to reconstruct the sky
The trees and the mountains
I want to smell the world without nose
I want to paint this world with my blood
Birds are silent
Today is a stupid day
Since you are away home
Birds were silent today
I want them to be noisy all the time
I hope they don’t fly away
They should always sing for us
In this old city
There is nothing left
Except memories
Actually I am filled with the memories of you
Your face is like a city for me
A city full of joy
A city which heals me when I am wounded
A city which accommodates me
Whenever you are away from me
I am frightened
Frightened like a baby in the dark
For me, my love you are my light
Sometimes I hate this room
For it is too small to occupy my love
When we are in this room
Locked in and locked together
I always look at the street light opposite to us
It’s like an old man searching for something
Sometimes it looks at me
With it’s fainted eyes
But it always smiles at you, my dear
Oh my dear please comeback soon
Birds start singing.
Living in recession
I can’t tell you right now
What I am feeling
But I can tell you one thing that nothing is going well
I saw a picture yesterday
Actually I didn’t understand that
Full of bright colors and lines
Most of them are broken
What all these pictures represent
Are they pure art!
Or some artists trying to fool us?
But the thing is that when I stared at the picture
I thought it represents my mind
Full of emotions (nothing relevant!)
Living in recession with your dreams is a stupid thing
You have to step out from your shoes
In order to live a normal life
But what is the relevance of life with out dreams
The second thing I thought yesterday was
Why do people commit suicide
Last month one of my friends hanged himself
In his suicide note he had written;
‘I want to defeat god’
Is it possible to defeat god (god the almighty)
But with my normal capacity I can say that
By committing suicide we are defeating god
(or do we defeat ourselves)
Living in recession is a bad thing
Like thinking about suicide.
I want to bury myself
You are like the ocean
I awake on your shore
As a sound waiting for it’s echo
I love you
But you love someone else
Whenever kisses you
A wound is left in my heart
But still I love you
With my bleeding heart
In this world there is no place
Where you are not
Your vagina is like a temple
I want to burn myself in it
your smile is like a blossom
I want to be a part of it
Whenever you speak
I feel like hearing a symphony
When I asleep
The soul of my language went on searching for words
That could describe you properly
I want to bury myself in your grave
Under the banyan tree
Where I first met you.
I want to bury me in you
I am walking
I don’t know where I am going
Yet, I am walking
Under the orange sky
Under the asbestos roof of the world
I can’t fold my white umbrella
Since it is not working well
I have been thinking about life
It’s edges and corners
It’s bare heart
it’s nicotine tongue
it’s milk less breasts
But I want to escape from all these
From all these ugly phases of life
I can’t suffer the pain of life
Pain of being avoided
pain of being hated
pain of being nothing
How ugly is this life
I want to wash it with all my strength
I want to paint this world with my blood
I want to lit this world with the spark of my eyes
I want to defeat the world with my soul
I want to reconstruct the sky
The trees and the mountains
I want to smell the world without nose
I want to paint this world with my blood
Birds are silent
Today is a stupid day
Since you are away home
Birds were silent today
I want them to be noisy all the time
I hope they don’t fly away
They should always sing for us
In this old city
There is nothing left
Except memories
Actually I am filled with the memories of you
Your face is like a city for me
A city full of joy
A city which heals me when I am wounded
A city which accommodates me
Whenever you are away from me
I am frightened
Frightened like a baby in the dark
For me, my love you are my light
Sometimes I hate this room
For it is too small to occupy my love
When we are in this room
Locked in and locked together
I always look at the street light opposite to us
It’s like an old man searching for something
Sometimes it looks at me
With it’s fainted eyes
But it always smiles at you, my dear
Oh my dear please comeback soon
Birds start singing.
Living in recession
I can’t tell you right now
What I am feeling
But I can tell you one thing that nothing is going well
I saw a picture yesterday
Actually I didn’t understand that
Full of bright colors and lines
Most of them are broken
What all these pictures represent
Are they pure art!
Or some artists trying to fool us?
But the thing is that when I stared at the picture
I thought it represents my mind
Full of emotions (nothing relevant!)
Living in recession with your dreams is a stupid thing
You have to step out from your shoes
In order to live a normal life
But what is the relevance of life with out dreams
The second thing I thought yesterday was
Why do people commit suicide
Last month one of my friends hanged himself
In his suicide note he had written;
‘I want to defeat god’
Is it possible to defeat god (god the almighty)
But with my normal capacity I can say that
By committing suicide we are defeating god
(or do we defeat ourselves)
Living in recession is a bad thing
Like thinking about suicide.
I want to bury myself
You are like the ocean
I awake on your shore
As a sound waiting for it’s echo
I love you
But you love someone else
Whenever kisses you
A wound is left in my heart
But still I love you
With my bleeding heart
In this world there is no place
Where you are not
Your vagina is like a temple
I want to burn myself in it
your smile is like a blossom
I want to be a part of it
Whenever you speak
I feel like hearing a symphony
When I asleep
The soul of my language went on searching for words
That could describe you properly
I want to bury myself in your grave
Under the banyan tree
Where I first met you.
I want to bury me in you
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