Equity Markets

1. Latest ruling from SEBI - Abolishing entry load for MFs. Is this applicable from immediate effect?

2. Seeing the market today, is this a new bull rally or will the market correct itself by going to 12-13 k LEVEL.



1. Regarding SEBI scrapping off Entry Load on MF- This has been in effect since 19th Jan 2009.

2.It is too early to say anything. Markets are hoped to go up because of

i. Expected increase in FDI by 14%
ii. People are enthusiastic about market getting high, so there is increase in investment from indegenious investors.
iii. Also, monsoon is forcasted to be in time and hence our agricultural sector is expected to do well.
iv. There is festival season coming up in India, hence investment is most likely to increase.

And in my opinion, I think things are going to be better for our stock market untill or unless we are hit by a huge natural calamity like earthquake, flood etc

Regards

Bhanupriya
1. Regarding SEBI scrapping off Entry Load on MF- This has been in effect since 19th Jan 2009.

2.It is too early to say anything. Markets are hoped to go up because of

i. Expected increase in FDI by 14%
ii. People are enthusiastic about market getting high, so there is increase in investment from indegenious investors.
iii. Also, monsoon is forcasted to be in time and hence our agricultural sector is expected to do well.
iv. There is festival season coming up in India, hence investment is most likely to increase.

And in my opinion, I think things are going to be better for our stock market untill or unless we are hit by a huge natural calamity like earthquake, flood etc

Regards

Bhanupriya

1] The Jan 2009 ruling was for only MF's in the ELSS segment, this announcement id for all the MF's in general.

2] I would not like to comment on the speculation of the day traders or the technical analyst.. Wait for the budget on 6th and then take a call.. Looking at the long term story you can invest in Indian markets anytime. Invest on dips.. Agri business will be badly hit as the monsoon's are to be on a lower side. The late arrival of monsoon is a proof..
AFAIK and the stats from the brokers, its the reverse case with retail investors.. there are many who r holding cash bec of the uncertainty..
satyamfiredme Says
is there any difference between capital vs stock vs equity markets


Capital Markets is a larger domain -which includes all money markets that involves capital example - debt markets, credit markets, equity markets.
Stock markets is even smaller domain where preferreds, debt related securities, equity linked securities and equitites are traded.
Equity markets specifically include equity scrips and derivative contracts related to underlying traded on these equity indices.

Examples -Debt Market - LCDX index {OTC} - Big dealers Bank of America, JPMorgan Chase
Credit Markets - CDX.NA.IG, iTraaxx family - Dealers include Morgan Stanley, Merrill Lynch, Goldman Sachs
Equity Indices - NYSE, Dow Jones Industrial, S&P;, BSE, NSE

Hope that helps,

This is typical of stock market- Expected market to fall after elections and gain after budget but exact happened.

Banking and Realty sector down by 8%. Expect Market to touch 13k.

Bought Punj Lloyd and NIIT LTD today - Made my trading debut :cheerio:

Can someone answer this: Why SAIL share price is lower than other steel companies like Tata, JSW steel although it has higher market cap, sales turnover and net profit than these companies.

Hey Rajat I too bought Punj Llyod today :).

@Satayamfiredme.....I am just a novice, Punj Loyd was my transaction.

I bought it on following basis -

1. It was one of the biggest losers yesterday - Around 10 %. So it was cheap to buy.

2. Volume wise - It was one of the largest traded stock in last 1 week.

I am keeping it till touches Rs 220


@All... Need your help to select a new DEMAT account. HDFC's GUI is bad and it charges are high. PLease pour in your suggestion.

Can anybody tell me the prospects of JP Hydro in the coming time...
I am a short term investor n have shares of JP hydro @ 96...

Thanx...

@ satyamfiredme: First of all remember one thing don't invest anywhere on someone's say only. Do your analysis before investing as it is your hard earned money. For information gathering about stocks you can check moneycontrol site. They give quite good information about all stocks.
Regarding PunjLlyod I read it has good projects in pipeline thats why I have invested in it.

@rmbt: HDFC charges lesser than ICICI. Below is the details of brokerage structure for stocks buy/sell
HDFC: Rs 25 or 0.50 % which ever is higher.
ICICI: Rs 25 or 0.75 % which ever is higher.
I have demat accounts of both hence you can trust on me :)

I have heard that Reliance money charges the lowest brokerage. I will update you if I get some solid information. But in reliance money managing the account becomes as a problem as it is not directly linked to any savings account. Hence you need to have money in it before you do any transaction.
I liked the GUI of HDFC may be becuase I am used to it now :).

Can someone answer this: Why SAIL share price is lower than other steel companies like Tata, JSW steel although it has higher market cap, sales turnover and net profit than these companies.

Hey Rajat I too bought Punj Llyod today :).


SAIL is far bigger company cmpared to JSW, TATASTEEL, Jindal Group. All companies float equity to raise capital for operation. I believe SAIL has by far largest number of outstanding shares trading in open market. I just checked outstanding shares for SAIL is 4.13 Billion which is larger than combined number of shares for JSW, TATASTEEL and Jindal.

Scrip Price of a company is not significant, capital raised {number of shares*Price} should be a defining factor for a company's reputation.

Bought HUL and Nagarjuna Fertilizers.

Cement sector was upbeat today and is likely to do well. NTPC is on my watchlist along with banks.

I expect the markets to dip further as market broke 4100 NIFTY support level.


DISCLAIMER: Views are of a novice trader and should not be followed blindly.

@Satayamfiredme.....I am just a novice, Punj Loyd was my transaction.

I bought it on following basis -

1. It was one of the biggest losers yesterday - Around 10 %. So it was cheap to buy.

2. Volume wise - It was one of the largest traded stock in last 1 week.

I am keeping it till touches Rs 220


@All... Need your help to select a new DEMAT account. HDFC's GUI is bad and it charges are high. PLease pour in your suggestion.


for demat go 4 SHAREKHAN OR ANGEL . both r good .. 4 online as well offline demat acc. SHAREKHAN & ANGEL both r good . if u r a chronic FNO TRADER THEN *rk global * will b good 4 u

Stocks looking good in current market condition .........

1. IndiaBulls
2. Aban
3.Rcom

satyamfiredme Says
can u tell me how short term/long term capital gains tax is calculated what is the rate and time frame ?



its approx. 15% of the profits made . [ but , my firm belief is tht u hav to pay it only wen the profits r higher than the taxable income limit !! ]

Market has pulled back alot this week and Nifty is above 4200 level.

Is the correction over or more is yet to come.

Also, I had a query: Why do all the analyst refer to Nifty in their discussion and i hardly hear sensex on any of the news channel.

I am looking forward to buying:

Suzlon Energy and SAIL


Also, I had a query: Why do all the analyst refer to Nifty in their discussion and i hardly hear sensex on any of the news channel.



Well the two reasons I can think for this is

1.The turnover in nifty is higher than sensex
2.Nifty consists of more stocks(wider spectrum)

I am no expert in the stock market and am just a begineer,so people having experience in trading can give more clarification.
Market has pulled back alot this week and Nifty is above 4200 level.

Is the correction over or more is yet to come.



in my opinion correction(after d post budget) is still due.....as everybody knows d markets move in a zig-zag manner...d market was uncertain today till d closin bell..i believe dat we may see some more profit bookin tomorrow....

nobody can predict d market but people(including me) still like to do so


mkats really range bound these days .. within the range 3950 - 4350

@SIR...You are right in terms of the range bound. I believe market would get next push when Fin Min - Pranab decides to roll out disinvesment plans.

Bought SAIL and Suzlon yesterday.

mkts have been testing 4350 4 the last 3- 4 hrs ..

not able to break 4350 :(


i have sold all my holding except HANUNG TOYS ..

if 4350 convincingly broken [ must be broken on a closing basis ; preferably weekly closing basis !! ] then we can see 4550/ 4600 levels

fingers crossed

omg .. wooww .. look at the beauty of the rally ..

it finally broke 4350 & tht too convincingly & tht too on weekly closing basis !! .. wooowww ..

& look at the volumes .. it rallied in huuuuuuuuuge volumes .. now ter is hope of 4500/ 4600