What to do in such turbulent times?

The stock market is a see-saw these days. Plummeting 900 points on one day and growing 700+ points on the next. What does this imply? Simply- Nothing can be guaranteed and anything can happen. That’s easy to say but hard to accept when you have your life’s savings at stake and when your stocks are [...]

HDFCBank - A good buy now…

HDFCBank is one of the widely spread banks with second largest market capitalization in India, followed by ICICI Bank. I am tracking the stock from the past 3 months and observing closely frompast 2 weeks. Right now, in the past 3 days it has fallen about 8% which is seeking the bottom if you look the [...]

Raymond and SBI in problem

        Raymond is currently trading at the market price of Rs:259/- and the fair valuations are around Rs: 200/- says Merrill Lynch. The poor earnings visibility, especially in the denim business is mainly said to be the reason behind the lowering the rating of Raymond, which was looking strong in Jan and Feb, but now [...]

Market is recovering, HOLD.

Indian market is recovering back nicely with a steady pace and holding all the stocks is safest option at this moment. Very few scrips have degraded but majority are showing good increase. At this time, just after 2 hours after markets opened, SENSEX has increased by 600+ points and NIFTY by 180+ points. This may not [...]

Emaar MGF and Wockhardt withdraw their IPO’s worth $205 Billion!

               Yesterday Wockhardt Hospitals and today Emmar MGF withdrew their respective IPO’s (Initial Public Offering) from market on account of very poor response from the bidders. Both these IPO’s taken together were supposed to generate about Rs: 8000 crore that is about US $205 billion from market, but due to very poor response from the [...]

Sell Reliance Power shares!!

Reliance Power will be listed soon and the share allotment has been done. I think everyone who have got the shares should sell all for the listing gains. The Grey Market Premium has drastically fell to mere 140, as compared to above 400 when the company was open for bidding. Many people may have now [...]

January’s Collapse of Indian Markets - My views.

           SENSEX of The Bombay Stock Exchange (BSE) fell horribly from 21000 levels to 15000! - fall of 28% in less than 5days! This was a nightmare for every investor and many Mutual Fund Houses. NIFTY also fell from 6000+ levels to 5000 mark - fall of around 25%, and the markets are still recovering.
           The [...]

Market significantly down, should you buy now?

            SENSEX is below 20,000 mark and NIFTY is under that magical 6000 mark, so is this a time to buy and invest more? or we should book our profits and lets wait for some time? I think its time to buy now. All the stocks are significantly down, todays fall will be welcomed by value [...]

Too volatile SENSEX finally slept at 98 points lower…

Day was confusing for all day traders. Day trading is always dangerous but today was it was exceptionally dangerous. SENSEX kept on fluctuating without any strong reasoning for the moves. Wipro and Bharti Airtel were loosers right from beginning, they finally closed at -5.67% and -5.96% - close to 6% which is a huge one [...]

SENSEX falls 78 points in half hour after rising 150 points…

The market is showinf a falling trend after a strong opening and rising of more than 150 points today. Its 10.37 am, and after half an hour market is showing a falling trend. ICICI Bank which showed a notable rise in last week is loosing grounds now. It has already fallen by -1.25% and is [...]

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