Posts Tagged ‘Indian shares’
27
Nov
Posted by smcinvestmentindia in Asset management, Banking, Bonds, Brokerage, budget, Business, Capital Market, capitals, commodity, Commodity market, Commodity Trading, Company, currency, Distribution of Mutual Funds & IPOs, Economics, Equity & Derivative Trading, Finance, financial planning, futures, General, Import Export, india, India corporate world, Insurance, interest rates, International, Investment, IPO, Mutual Funds, Private Equity, QIP, securities, share market, smc capitals, SMC Depository, SMC Global, SMC online trading, SMC Research Based Advisory Services, Stock, tax, telecom, Trading, Wealth. Tagged: Abu Dhabi, Asia, banking and realty stocks, Bombay Stock Exchange, Brokers, Credit-default swaps, debt, Dollar, Dubai, Dubai's debt, economic crisis, Europe, European indices, expats, financial shocks, global downturn, global financial system, India’s exports, Indian rupee, Indian shares, Investment, MSCI Emerging Markets Index, National Stock Exchange index, Nifty, remittances, Rupee, Sao Paulo, Sensex, Shanghai Composite Index, Sydney, UAE, United Arab Emirates. 2 comments
Just a year after the global downturn derailed Dubai’s explosive growth, the city is now so swamped in debt that it’s asking for a six-month reprieve on paying its bills.
🙂

Dubai Debt Fears Grip World Markets
This has cast a shadow on a world only just emerging from the worst economic crisis since the 1930s, knocking markets from Sydney to Sao Paulo and raising questions about Dubai’s reputation as a magnet for international investment.
🙂
For India, which has tens of thousands of its citizens living and working in the emirate, the concerns are more direct: thousands of its expats staring at job losses and the economy, sharply reduced trade.
India, which gets nearly a quarter of the remittances from the United Arab Emirates and has lakhs of laborers working in the region, could be worse off than most other nations if the crisis escalates into a full-blown one like the Russian or Argentinean crises of the past.🙂
India’s exports to the UAE stood at $23.92 billion in FY09.
It is very likely that we may see one more leg of job losses in Dubai.
The only consolation for the region is that Abu Dhabi is booming.
🙂
Indian shares and the rupee fell in sync with other global markets where investors are fleeing for safety after Dubai debt trap concerns.
The Bombay Stock Exchange benchmark Sensex on Friday tumbled over 451.63 points to 16,403.30 points in the first ten minutes of trading on hectic selling by funds in line with weak global cues and concerns over Dubai’s debt.
Similarly, the wide-based National Stock Exchange index Nifty dropped by 140.50 points to 4865.05 points.
🙂
Brokers said the selling focus was more on banking and realty stocks after Dubai’s debt problems revived concerns about the global financial system and rattled markets across Europe and Asia.
Indian rupee fell 24 paisa to 46.55 against the dollar. The MSCI Emerging Markets Index lost 1.4%.
🙂
Most European indices were about 2% lower after Asia tumbled.
The Shanghai Composite Index slumped 3.6%, its biggest drop since August, and Brazil’s Bovespa Index slipped 1.1%. U.S. markets were closed for the Thanksgiving holiday.
Credit-default swaps tied to debt sold by Dubai rose as much as 131 basis points to 571.
“Dubai isn’t doing risk appetite any favours at all and the markets remain in a vulnerable state of mind,” said Market analysts.
“We’re still in an environment where we’re vulnerable to financial shocks of any sort and this is one of those.”
🙂
22
Sep
Posted by smcinvestmentindia in Asset management, Business, Capital Market, capitals, Company, Economics, Equity & Derivative Trading, Finance, financial planning, income tax, India corporate world, IPO, Mutual Funds, Private Equity, securities, share market, SMC Depository, Stock, tax, Trading. Tagged: Bharti, capital account, Companies Act, currency, dual listing, equity, FEMA, FEMA regulation, Finance, india, Indian laws, Indian rupee, Indian shares, joint venture, merger, merger & acquisition, MTN, RBI, Regulations, shares, SMC capital, South Africa, stake, stock exchanges, stockholder, stocks, telecom, voting rights. Leave a comment

India will have to amend host of laws and make rupee fully convertible before allowing dual listing of shares as is being proposed by the South African telecom major MTN.
🙂
Dual listing is not feasible in short term as there are amendments required in FEMA to allow full capital convertibility. These are major bottlenecks.
Moreover, Dual listing is not popular globally.
😦
The government will have to amend Companies Act to allow dual listing, which is not allowed currently.
🙂
Pointing out that Dual listing faces number of bottlenecks which need to be taken care of in advance, SMC Capital Equity head Jagannadham Thunuguntla said, “If the government is committed for dual listing, it can be feasible. However, there are huge challenges and the process will take some time.”
🙂
He further said that there are many regulatory hurdles before it to become feasible. “Amendments are required in FEMA regulation, capital account convertibility, listing agreement,” he added.
🙂
The dual-listed companies retain their separate legal identities while being listed on both stock exchanges.
Besides, they also enjoy equal voting rights.
🙂
RBI appointed Tarapore Committee has suggested that India should go for fuller capital account convertibility in stages.
Amid merger talks between Bharti and MTN, the government recently said it is examining the issue of dual listing of the South African firm as per Indian laws.
🙂
Note : For More latest Industry,Stock Market and Economy News Updates, Click Here
17
Sep
Posted by smcinvestmentindia in Asset management, Banking, Brokerage, Business, Commodity market, Commodity Trading, Economics, Finance, Investment, Private Equity, securities, Stock, Trading, Wealth. Tagged: assets, bullion, bullion trading, commodity exchange, Commodity market, Commodity Trading, currency, demand, demand and supply, Dollar, economic growth, economic revival, Economy, Foreign institutional investors, foreign investors, global economy, global rates, gold, gold imports, gold market, gold trading, Government of India, Indian economy, Indian rupee, Indian shares, Indian stock market, Inflation, inflation rate, institutional investors, investing in stocks, Investment, investors, Multi Commodity Exchange, online trading, overseas investors, overseas markets, production, real estate, retail investors, Rupee, Sensex, silver, silver coins, SMC, standard gold and ornaments, stock exchanges, stock index, stock market, stock market trading, stocks, US Dollar. Leave a comment

Due to the speedy buying by stockists in advance of the festival season, in the midst of the global rates climbing to an 18-month high of $ 1,018.15 an ounce, GOLD rose by Rs 250 to touch a new high of Rs 16,220 per 10 gram in the gold market.
🙂
However, it is said that after the metal in London increased to an 18-month high, the buying action gathered momentum as stockists indulged in buying gold.
🙂
While, the concern was that a global economic revival may strengthen inflation in the midst of a weak dollar, enhancing demand for the metal as an alternative investment.
On the other hand, gold in overseas markets advanced 10.60 dollar, or 1.1%, to 1,018.15 dollar an ounce whereas silver coins also touched a record high of Rs 31,800 per 100 pieces.
🙂
Further, standard gold and ornaments spurted by Rs 250 each to Rs 16,220 and Rs 16,070 per 10 gram, respectively.
On the other side, sovereign increased by Rs 50 to Rs 12,950 per piece of 8 gram.
🙂
Marketmen said the precious metal might see new peaks in the coming days once the festival and marriage season starts on September 19.
Current upsurge maybe purely out of reason of stockists buying as retailers refrained from buying gold during ‘Sharaadh’, the ongoing inauspicious fortnight in Hindu mythology.
🙂
According to analysts, gold may climb a high level of $1,100 an ounce in the overseas market in the next six months.
Silver ready shot up by Rs 700 to Rs 26,600 per kg and weekly-based delivery by Rs 910 to Rs 27,570 per kg.
🙂
Silver coins rose to an all-time high by gaining Rs 200 to Rs 31,700 for buying and Rs 31,800 for selling of 100 pieces.
🙂
However in between due to the increasing investment demand with the commencement of festival and marriage season, gold imports observed a huge rise during August at 21.8 tonnes as compared to the previous month where the import of the precious metal was 7.8 tonnes this year.
This shows that India’s gold imports have trebled in a gap of one month.
🙂
16
Sep
Posted by smcinvestmentindia in Asset management, Banking, Brokerage, budget, Business, Capital Market, capitals, Clearing Services, Commodity market, Commodity Trading, Company, Distribution of Mutual Funds & IPOs, Economics, Equity & Derivative Trading, Finance, financial planning, income tax, india, India corporate world, Insurance, Investment, IPO, Merchant Banking, Mutual Funds, Private Equity, securities, SMC Depository, SMC Research Based Advisory Services, Stock, tax, Trading, Wealth. Tagged: assets, Bombay Stock Exchange (BSE), BSE, BSE sectoral indices, BSE Sensex, copper, currency, currency trading, DLF Ltd, Dollar, economic growth, Economy, Foreign institutional investors, foreign investors, futures trading, global economy, Government of India, Indian economy, Indian rupee, Indian shares, Indian stock market, Indian stocks, institutional investors, investing in stocks, investors, issue of shares, NSE, online trading, overseas investors, overseas markets, production, real estate, retail investors, Rupee, Sensex, SMC, stock exchanges, stock index, stock market, stock market trading, stocks, US Dollar. 1 comment

Indian stocks rose to a 15-month high yesterday. 🙂
🙂
DLF Ltd led gains as investors judged recent declines as excessive. Mahindra & Mahindra Ltd climbed on a report it will make sports utility vehicles for overseas markets.
🙂
DLF, the biggest real estate developer, jumped 5.5% after losing 10% in the previous five trading sessions.
🙂
Mahindra & Mahindra, the largest sports utility vehicle maker, advanced 1.5%.
Sterlite Industries (India) Ltd, the No 1 copper producer, added 3.8% after metals prices climbed.
🙂
The Bombay Stock Exchange’s Sensitive Index (Sensex), rose 240.26, or 1.5%, to 16,454.45, the highest since May 28, 2008.
The gauge declined 0.3% on Monday, snapping a six-day rally.
🙂
“There is strong liquidity supporting the market,” Jagannadham Thunuguntla, the head of equities at SMC Capitals Ltd in New Delhi. “Yesterday’s fall has made some stocks attractive.”
🙂
The rupee advanced against the US dollar as overseas investors added to holdings of the nation’s assets amid signs economic growth is quickening.
🙂
The rupee climbed 0.2% to 48.655 per dollar at the 5pm close in Mumbai, according to data compiled by Bloomberg.
The currency has risen 0.4% this month.
India’s $1.2tn economy expanded 6.1% in the three months to June from a year earlier, accelerating for the first time since 2007, the government said last month.
🙂
Note : For More latest Industry,Stock Market and Economy News Updates, Click Here
26
Aug
Posted by smcinvestmentindia in Business, Capital Market, capitals, Commodity market, Commodity Trading, Company, Distribution of Mutual Funds & IPOs, Economics, Equity & Derivative Trading, Finance, income, india, India corporate world, Insurance, Investment, IPO, Merchant Banking, Mutual Funds, Private Equity, securities, SMC Depository, SMC Research Based Advisory Services, Stock, tax, Trading, Wealth. Tagged: bottom-up approach, BSE, bull market, Buy Stock, capital appreciation, capital appreciation or dividend, cash funds, Central bank, company profit, company's management, Dividend, Dividends, economic revival, indian shareholders, Indian shares, Inflation, interest rates, investors, joint stock company, loans, margins, monetary policy, money, NSE, over valued stock, profit, quality stocks, RBI, rewards to investors, Sell stock, Sensex, share market, shareholders, shares, stock market, top-down approach. Leave a comment

Everyone wants a piece of the stock market. And why not?
But do you know how shares reward an investor?
If you are a shareholder, there are two ways you can benefit from the profits of a company: capital appreciation or dividend.
Read on to understand how shares reward you. 🙂
Dividends, dividends!
Usually, a company distributes part of the profit it earns as dividend.
Say a company earned a profit of Rs 1 crore (Rs 10 million) in 2004-05.
It keeps half that amount within the company.
🙂
This is used for a variety of purposes — buying more machinery, land or raw materials, building a new factory or setting up a new office. It could even be used to repay loans.
The other half is to be distributed as dividend. 🙂
Assume the company has 10,000 shares.
This would mean half the profit — ie Rs 50 lakh (Rs 5 million) — would be divided by 10,000 shares.
So each share would earn Rs 500. The dividend would then be Rs 500 per share.
🙂
If you own 100 shares of the company, you get a cheque of Rs 50,000 (100 shares x Rs 500) from the company.
🙂
Everyone wants a piece of the stock market. And why not?
But do you know how shares reward an investor?
If you are a shareholder, there are two ways you can benefit from the profits of a company: capital appreciation or dividend.
Read on to understand how shares reward you.
Dividends, dividends!
Usually, a company distributes part of the profit it earns as dividend.
Say a company earned a profit of Rs 1 crore (Rs 10 million) in 2004-05.
It keeps half that amount within the company. This is used for a variety of purposes — buying more machinery, land or raw materials, building a new factory or setting up a new office. It could even be used to repay loans.
The other half is to be distributed as dividend.
Assume the company has 10,000 shares. This would mean half the profit — ie Rs 50 lakh (Rs 5 million) — would be divided by 10,000 shares.
So each share would earn Rs 500. The dividend would then be Rs 500 per share.
If you own 100 shares of the company, you get a cheque of Rs 50,000 (100 shares x Rs 500) from the company.
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