religare is a good broker
a lil off-topic question.. wanna know whethr a fresher havin done btech(IT), can become a business analyst without mba..?
When we invest in shares we must go through the portfolio of the company and day-to-day we know the stock value of the market. Some of the companies have branded products which are always in good position. We gather market information by searching their websites also. Please produce some more attachments about Equity markets.
Igarashi Motors clicked for me today & booked decent gains....Todays Picks for buying were ADF Foods, which in news is a takeover candidate for FMCG Bigboy HUL & Pantaloon (DVR)....
Tommorow's picks for me are KPIT Cummins, which is a gr8 Midcap IT player & after the gr8 results &a; rally with upper circuit hit today, really deserves to be called as Infosys of tommorow....
& then Tata Motors (DVR)---- it shd click tommorow as it was down today due to poor domestic sales on QOQ basis, even though Overseas Jaguar sales were quite impressive.... & finally OMAX Auto due to good numbers posted by the company....
Kahan gaye sab bhai log.....No discussion & sharing of ur picks for today.....
For today I picked Igarashi Motors, which hit the Upper circuit & Pitti Laminations, whose numbers are to be declared today....
Both are from small cap space & have made me in the money for today....
Not a gud day today, due to weak Global cues & data points around....
Europe will be opening in sometime... Hw r u Trade/Positional strategies working out Guys...
Igarashi Motors clicked for me today & booked decent gains....Todays Picks for buying were ADF Foods, which in news is a takeover candidate for FMCG Bigboy HUL & Pantaloon (DVR)....
Tommorow's picks for me are KPIT Cummins, which is a gr8 Midcap IT player & after the gr8 results &a; rally with upper circuit hit today, really deserves to be called as Infosys of tommorow....
& then Tata Motors (DVR)---- it shd click tommorow as it was down today due to poor domestic sales on QOQ basis, even though Overseas Jaguar sales were quite impressive.... & finally OMAX Auto due to good numbers posted by the company....
RBI likely sold dollars to cap rupee fall: Dealers - The Economic Times
whats ur take on this guys??
Dollar is set to breach 55 rupee mark, especially if our lazy ass FM doesn't give some clarity on GAAR on 7th may. The markets may tank by 5-10% between 7-10th may. The RBI forex reserves are declining and RBI is reluctant to sell dollars. Also, if the RBI doesn't sell dollars in huge volumes, the impact of its efforts will be very minor.
Nomura and JP Morgan are bullish on dollar and expect it to breach 55 in this quarter.
Dollar is set to breach 55 rupee mark, especially if our lazy ass FM doesn't give some clarity on GAAR on 7th may. The markets may tank by 5-10% between 7-10th may. The RBI forex reserves are declining and RBI is reluctant to sell dollars. Also, if the RBI doesn't sell dollars in huge volumes, the impact of its efforts will be very minor.
Nomura and JP Morgan are bullish on dollar and expect it to breach 55 in this quarter.
The fundamental side is very well explained 😃 but what i meant what could be the impact on the reserves due to selling of dollars in Huge volumes?? RBI already sold about 10-20 Billion dollars earlier with no effect... we need policy paralysis to be removed immediately ..
abhimukh19 SaysThe fundamental side is very well explained 😃 but what i meant what could be the impact on the reserves due to selling of dollars in Huge volumes?? RBI already sold about 10-20 Billion dollars earlier with no effect... we need policy paralysis to be removed immediately ..
Well I talked to a highly placed currency trader and he said that RBI may have sold close to 1 Billion $ in the open market in the last two days and for that reason the $ did not cross 54. But, he says the RBI cannot do much and not for long, he blatantly said that intervention cannot solve this. RBI will be left with no forex reserves as the FIIs are pulling out money from India.
He was of the opinion that the government and RBi will have to come up with new bond limits or currency protected rupee bonds to get ppl to invest in india. Otherwise we are in for some dark times.
RBI could have prevented this depreciation of Rupee as their were levels when Dollar was available at 39-40 in last 3 yrs and RBI could have bought and stopped the appreciation of Rupee and have sold at a stage like this. This would have 3 impacts without any negative impact. The software companies would not had suffered that much during the times of appreciation of Rupee, secondly the dollar would not have been appreciated this much, and thirdly RBI could have made money out of crisis. I read an article in which someone is expecting 18% increase in forex revenues of Infosys this quarter which is too much
I guess RBI has a habit of reacting late when only damage control can be done.
RBI could have prevented this depreciation of Rupee as their were levels when Dollar was available at 39-40 in last 3 yrs and RBI could have bought and stopped the appreciation of Rupee and have sold at a stage like this. This would have 3 impacts without any negative impact. The software companies would not had suffered that much during the times of appreciation of Rupee, secondly the dollar would not have been appreciated this much, and thirdly RBI could have made money out of crisis. I read an article in which someone is expecting 18% increase in forex revenues of Infosys this quarter which is too much
I guess RBI has a habit of reacting late when only damage control can be done.
Man, yeah...RBI should have bought Dollars in Dec 2007 at 39-40 then should have sold it at 52-53 in Mar 2009 and should have bought again at 43 in Dec 2010 and then should have sold at 54 in Dec 2011 and then bought dollar again at 48 in Feb 2012 and sold again at 54 in May 2012
But it is possible only if any astrologist heads the RBI...
We are one of the few countries that were not affected much by recession and the credit at least partially goes to RBI. Also, I believe, we have got the best FM possible at present. I just wish, instead of making him president, Madam should give him a chance to be the PM. I see, in this coalition politics, he is the one who can very easily garner the majority and take reforms forward. 😃
I don't see the RBI could have impacted rupee depreciation much .. when you say you want to cure a disease you need to kill the cause not the symptoms
Investor confidence is low , FII has pulled out money in huge amount , everyone please read the article on front page of ET our GDP is dependent FII inflows , let alone the rupee ..
We need to see why investor confidence is low
Scams , policy paralysis , myopic policy implementation , Trai making a mockery of telecom sector , their decisions have been overruled time and again in courts but they dont take a step back ever ..
Companies are selling assets and others now cautious of coming and investing in India ..
We can continue to sell our economy on the basis of growth story , we must come out of Indian shining fallacy and look at the deficits .. Look at trade imbalances , we missing targets of power production , coal production , oil production , gold has been increasing as an import and its costing us dearly .
Huge govt borrowing has "crowded out" private players .. they are now refinancing loans via FCCB and ECB which are more riskier .. their earlier loans are around redemption targets
I think this govt has been very passive in decision making ..
About TRAI guidelines, i will reserve my opinion. The government(and its agencies) don't want accusation of new scams, so they are taking utmost care now. If TRAI guidelines were a bit liberal, opposition would have not left any stone unturned to make another accusation of Government and Private Sector Liason.
Although I don't subscribe entirely to this opinion but its worth pondering upon. Today India has the lowest telecom fares in the world. Almost 85 Crores mobile connections are there and such a huge penetration at unrealistic pace the world has witnessed in India. If Raja (and earlier telecom ministers) had not sold the spectrum at such a cheaper rate, it would not have been possible in India. So in a way, if we see the larger picture, one should support the decision of these politicians and what are we doing? We keep on accusing them of scams. Now when Govt sold 3G at record prices, see the 3G rates will be out of your reach. Same thing will happen, henceforth, if we sell 2G spectrum at such a high valuation, only the end customer will have to bear that burden. So the opposition and the public should think and then only take the steps.
Recently, TOI carried an article accusing "Coal"gate. One should understand that, if we price it at the highest prices, the companies won't be able to invest in Power businesses and villages and towns will never be able to come out of Load Shedding problems.
So I believe, all the considerations must be made and greater good should be achieved.
An interesting post on the long term outlook / viability of the
"Recovery".
Edward Lazear: The Worst Economic Recovery in History - WSJ.com
hello puy's .... i am a novice in equity markets field and so thats why want to know where to start, what to read, what to follow, how to know share market trends, nifty exchange. Seniors plz help me out as i m very keen to learn all these terms along with their practical viao so waiting 4 sm viable reply.
pummy15 Sayshello puy's .... i am a novice in equity markets field and so thats why want to know where to start, what to read, what to follow, how to know share market trends, nifty exchange. Seniors plz help me out as i m very keen to learn all these terms along with their practical viao so waiting 4 sm viable reply.
For basic knowledge read NSE modules you will get an idea about share market
vishal das SaysFor basic knowledge read NSE modules you will get an idea about share market
Do u hv those nse modules? Or any link 4m where i shud read them.
sumit99 SaysDo u hv those nse modules? Or any link 4m where i shud read them.
Check this http://www.nseindia.com/education/content/module_ncfm.htm
You can also download the material and enroll for test also if you wish
Man, yeah...RBI should have bought Dollars in Dec 2007 at 39-40 then should have sold it at 52-53 in Mar 2009 and should have bought again at 43 in Dec 2010 and then should have sold at 54 in Dec 2011 and then bought dollar again at 48 in Feb 2012 and sold again at 54 in May 2012
But it is possible only if any astrologist heads the RBI...
We are one of the few countries that were not affected much by recession and the credit at least partially goes to RBI. Also, I believe, we have got the best FM possible at present. I just wish, instead of making him president, Madam should give him a chance to be the PM. I see, in this coalition politics, he is the one who can very easily garner the majority and take reforms forward. :)
The comfortable level of dollar is around Rs. 45. Anything on either side hurts our exports or imports. So if at 39(Dec 2007) RBI needs to take it to 45 they should remove dollar from market by buying it and filling its treasury at a cheaper dollar and could have been sold when dollar crossed the comfort level the other side. This would help RBI not to make any losses in controlling the situation.
Dollar is directly related to our oil and gold imports. Now if the govt. passes the extra cost of oil, which is definitely due to dollar, leads to inflation and if it doesnt it adds to current a/c deficit of the govt. Both the situations are not good for Indian economy.
pummy15 Sayshello puy's .... i am a novice in equity markets field and so thats why want to know where to start, what to read, what to follow, how to know share market trends, nifty exchange. Seniors plz help me out as i m very keen to learn all these terms along with their practical viao so waiting 4 sm viable reply.
I would strongly advice to read every equity research reports you can lay your hands on. On this link, you will get all the research reports.
Broker Research Reports, Stocks/Shares Research Reports, Indian Stocks/Shares Research Reports
Any jargon u don't understand, you can simply google to find more info about it.
Spending 2 hours daily on moneycontrol.com should give you enough knowledge regarding the current happenings in the markets within a month.