Hello puys!
Can somebody please help me with choosing a demat account?
I am thinking of opening one with SherKhan.
How good is it?
hi people
Pick for the week--Hawking Cooker. Reasons:-
1. Company gets 50% of its prod from punjab unit, which will be functional next quarter.current price does not capture this.
2. it hs increased its cooker prices by 7-10% , although almunium (key raw material) remain stable, thereby increasing margins.
3. the stock is cheaply valued at P/E 17-18 compared to its competitor TTK prestige at P/E 32.
4. Extremely good ROE=75% compared to TTK prestige which is 56%.
5. Debt to equity = 0.3. reasonably good.
Happy investing.
Hello puys!
Can somebody please help me with choosing a demat account?
I am thinking of opening one with SherKhan.
How good is it?
If you are going to trade only a 3-4 times a month and if your investment is not gonna be in millions, its better to open the Demat with the bank in which u have your savings account. Ignore the marginal differences in brokerage rates.
ABCLIKS SaysIf you are going to trade only a 3-4 times a month and if your investment is not gonna be in millions, its better to open the Demat with the bank in which u have your savings account. Ignore the marginal differences in brokerage rates.
Thanks for the reply .
Btw, I am a starter. Thinking to invest like 5-7k per month in the stock market .
Been following money control for quite a while now.
I heard Sher Khan is nice [ from a friend].
How do you rate it? I have my savings accounts in HDFC and ICICI.
Which one do you suggest?
Also, does it really matter which demat account do i choose?
Thanks for the reply .
Btw, I am a starter. Thinking to invest like 5-7k per month in the stock market .
Been following money control for quite a while now.
I heard Sher Khan is nice [ from a friend].
How do you rate it? I have my savings accounts in HDFC and ICICI.
Which one do you suggest?
Also, does it really matter which demat account do i choose?
No, it does not matter with which broker you choose ur demat.
I feel, HDFC and ICICI are better. Any one of them should do. Both of them have more or less same rates and conditions. Both of them are user friendly. I would rate these two above others.
No, it does not matter with which broker you choose ur demat.
I feel, HDFC and ICICI are better. Any one of them should do. Both of them have more or less same rates and conditions. Both of them are user friendly. I would rate these two above others.
Thanks a lot. :):):)
@ABCLIKS
With GVK rally over and stock on negative route, Do you think it will take it's previous support at around 9.5 to 10 ?
Any point do you see in investment around those levels? Any potential trigger ?
Because fundamentally stock is still quite OK.
@ABCLIKS
With GVK rally over and stock on negative route, Do you think it will take it's previous support at around 9.5 to 10 ?
Any point do you see in investment around those levels? Any potential trigger ?
Because fundamentally stock is still quite OK.
Markets have been on downturn for quite a sometime, High beta sectors like, realty/infrastructure/banking take lead in the falling.
GVK is faced with a few negative news. 1) the Changi Airport deal was cancelled/postponed. 2) The huge interest pressure continued in the last quarter result. The reduction in rates happened on 17th April i.e. in 1st quarter of new year. So it will be reflected in coming year.
I had sold some on the Changi news but only to buy at a bit lower price. Currently my average price is higher then CMP. I am not averaging right now as I can't predict what the bottom is. I will start averaging again when the news flow regarding the company as well as overall world economy improves.
Certainly I will not sell it in loss.
I would want to exploit the entire interest rate cycle, which has just reversed in last month. Goldman has predicted 6300 Nifty target for this year end (although it seems improbable as of now :biggrin:), I would like to believe it. A foolish comparision can be done
Month Nifty Levels GVK
December 4500 9.5
March 5500 17
May 5000 13
A very high beta stock
let us hope for the best.
Markets are falling like nine pins :oops:
ABCLIKS SaysMarkets are falling like nine pins:oops:
Due to these reasons
GAAR paranoia: FII funds fear Vodafone-like tax - The Economic Times
Asian shares retreat, China data, Europe eyed - The Economic Times
Sensex trading below 16,400 ahead of IIP data - The Economic Times
Due to these reasons
GAAR paranoia: FII funds fear Vodafone-like tax - The Economic Times
Asian shares retreat, China data, Europe eyed - The Economic Times
Sensex trading below 16,400 ahead of IIP data - The Economic Times
The main (and sole according to me) reason is Greek Election mess. No one got majority. No one able to form government. Talks of reelections doing rounds. A clear vote against the austerity measures. Markets want stability. Its the sort of same thing happened in 2003 in India, when unexpectedly UPA got the highest seats but didn't get full majority and there was chaos about who will form govt and sensex dived 12% on the same day. Greek indices were down 8% on monday. Until and unless, there is some clarity on who will form Govt there, things look very bad.
I am saying that Global issues are the majorly behind fall of Indian Markets becuase all over world markets are falling. And if GAAR and Vodafone taxing were the only triggers, then there was no reason why Dow and Dax would fall.
Our markets are still highly correlated with Global markets, hence global news play the more important role in deciding the direction of our market. (And its true for most of the other indices in the world including Bovespa, hangsang etc.)
P.S. IIP Data for March has come negative much worse than expected :oops:
The main (and sole according to me) reason is Greek Election mess. No one got majority. No one able to form government. Talks of reelections doing rounds. A clear vote against the austerity measures. Markets want stability. Its the sort of same thing happened in 2003 in India, when unexpectedly UPA got the highest seats but didn't get full majority and there was chaos about who will form govt and sensex dived 12% on the same day. Greek indices were down 8% on monday. Until and unless, there is some clarity on who will form Govt there, things look very bad.
spot on !
Euro is getting hit big time and so are the Indian markets
http://community.nasdaq.com/News/2012-05/greek-election-mess-sends-eur-back-to-130.aspx?storyid=139621
I am saying that Global issues are the majorly behind fall of Indian Markets becuase all over world markets are falling. And if GAAR and Vodafone taxing were the only triggers, then there was no reason why Dow and Dax would fall.
Our markets are still highly correlated with Global markets, hence global news play the more important role in deciding the direction of our market. (And its true for most of the other indices in the world including Bovespa, hangsang etc.)
P.S. IIP Data for March has come negative much worse than expected :oops:
I didnt cover all the reasons but yes i guess the JP Morgan 2 billion mark to market loss has triggered a huge loss in the US markets , The fundamental data of US unemployment was much better
So do we have a Nick Leeson case from the baring banks ?
Looks like we are in for some dark days. This quarter I don't think we have any positive news expected any more, I see nifty going down further to 4750 or even 4550 if Europe continues to be weak. Sad part is most of my investments are now in the red.. Crazy stuff..
The biggest challenge these days specifically while trading is a billion dollar que : When to sell & book profits if any...
It has happened with me a couple of times, when I plan to take a call to sell & book profit during Intr-day Rallies, market surprises me with a bigger bounce than expected & very next day, all those gud scrips which were in gud profits, starts bleeding tremendoudly, (paining me a lot without any wound:()
The biggest challenge these days specifically while trading is a billion dollar que : When to sell & book profits if any...
It has happened with me a couple of times, when I plan to take a call to sell & book profit during Intr-day Rallies, market surprises me with a bigger bounce than expected & very next day, all those gud scrips which were in gud profits, starts bleeding tremendoudly, (paining me a lot without any wound:()
(paining me a lot without any wound:()
Nice Line!!!!
The FDI decreased in the Indian markets which lead to fall in Indian markets and weakening of rupee. Firstly the inflation created problems for common man and now his investments are also not performing well affecting him both sided.
Gold has always been a hedge against inflation. People started investing in gold which again weakened the rupee. The return on gold has not been much as it has shown in past 5 years. Now even if international gold prices rise in say 6 months and rupee appreciates against dollar, the return will be knocked off.
The weakening of rupee increased the oil rates which India imports to the extent of 80% of its consumption. This again increases the losses of Oil Marketing Companies for some time but eventually is passed to common man which again increases inflation.
Hence the root cause of problems of Indian economy if the inflation which needs to be tackled fast. The govt. should stop its cheap political benefits and should do something to tackle it. There has been enough short term damage control but we are doing it at the cast of long term loss.
The biggest challenge these days specifically while trading is a billion dollar que : When to sell & book profits if any...
It has happened with me a couple of times, when I plan to take a call to sell & book profit during Intr-day Rallies, market surprises me with a bigger bounce than expected & very next day, all those gud scrips which were in gud profits, starts bleeding tremendoudly, (paining me a lot without any wound:()
Which is one of the reasons why I shifted to the buy and hold strategy. Even though I believe in the efficiencent market hypothesis, I have found that it can stay irrational longer than I can stay solvent.
............
Just came across something interesting today.
The HR contacted me regarding my MSAT shares.
Got my vote marked in front of her for the merger.
I guess this is just to make sure that all the employees vote in the favor of merger and nothing goes wrong but it was strange to get an email from the HR to meet her ASAP.
PS: All those wondering about my job. I'm a Tech Mahindra employee till 8th June