Archive for August, 2009

Weekly Equity Update 21st-28th August :)

After closing almost flat in penultimate week, in the week gone by markets closed in green terrain following the global markets which rallied to 10-month highs buoyed by renewed hopes that the global economic recovery is gathering pace and is pulling out of its deepest recession since the 1930s. Closer home, revival of monsoon rains, [...]

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Where Are We Heading To? Part 2

From the positive happenings in the economy, let’s see how the stock markets have behaved amidst all this? The price charts of many companies reflected that the investors were in a catch-up mode. This was evident from the stock price trajectory of most stocks, which saw a sharp spike in few days. In many cases, [...]

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Where are we heading to? Part 1

The Indian economy’s business sentiment has improved indicating a path of recovery. Let’s see, why do we say this? A surprise improvement was witnessed in the IIP numbers for June 2009 at 7.8%. The WPI based inflation has softened to below zero level. However, the prices of items of mass consumption (food articles) show no [...]

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SEBI releases guidelines for interest rate futures :)

Market regulator SEBI on Friday issued guidelines for trading in interest rate futures under which the 10-year government securities can be traded on bourses, a development that will deepen the debt market. As per the guidelines, the contract size for futures trading would be Rs 2 lakh with a maximum maturity period of 12 months. [...]

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Sebi’s Another Jolt to the Fund Houses – MF Exit Load for 1st Year !!

Within weeks of shaking up the mutual fund industry by abolishing entry load in all schemes and moving to a uniform exit load regime, Sebi has given another jolt to the fund houses. The Securities and Exchange Board of India (Sebi), in a meeting with mutual fund heads, has recommended that the tenure for charging [...]

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Indian Stocks Rise; Bharti, Telecom Companies Lead Advance

Indian stocks rose for the seventh day, driving the benchmark index to its highest monthly gain in more than a year. Telecom shares led gains after the government said it aims to auction high-speed mobile phone service permits. Bharti Airtel Ltd., the largest mobile operator, jumped to a three-month high on news that so-called 3G [...]

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Building your Financial Future After a Divorce

You need to do long term financial planning when you are going through a divorce. It’s important that you recover from the split by assessing your situation as singles and setting up new financial plans with a focus on longevity. Here are five simple steps for building your financial future after a divorce: 1. Start with [...]

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Private Equity Funds Shying Away from PIPEs

Indian private equity firms are currently disinclined to conduct private investments in public equity (PIPE) deals, according to a report in the Business Standard. Their reticence is thought to be due to the recent secondary market crash, and the uncertainty that ensued. According to the report, which cites a study by Venture Intelligence, private equity [...]

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To set 25 pct public equity float is tough task for India

India faces an uphill task to reimpose a rule requiring listed companies to have at least a 25 percent public float, with resistance seen from controlling shareholders in private sector firms. The finance ministry’s effort to bring in a uniform public float minimum comes after a similar push by the capital markets regulator was waylaid [...]

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How to choose a Mutual Fund?

Mutual funds are the best investment tool for the retail investor as it offers the twin benefits of good returns and safety as compared with other avenues such as bank deposits or stock investing. Choose the wrong fund and you would have been better off keeping money in a bank fixed deposit. Keep in mind [...]

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