Wednesday, April 30, 2008

Results of HDFC

HDFC is to announce its Q4FY08 numbers. According to CNBC-TV18 estimates, its Q4 PAT seen up 31.98% from Rs 550.5 crore to Rs 725.96 crore.Operating Income seen up 47.47% from Rs 724.2 crore to Rs 1068 crore.
Q4 Expectations
26-27% growth expected in disbursements and 25%+ in loans Cut in lending rate on existing loans by 25bp to impact spread by 5 bps QoQ .Exceptional capital gains of Rs 200 cr from stake sale in HDFC General Insurance (26%) to Ergo.
Resources -

::Bookmark This Page::

FY08 Results of RCOM

Reliance Communication has announced its FY08 results. The company's consolidated FY08 net profit was at Rs 5401.1 crore versus Rs 3526.4 crore.Its consolidated net sales were up at Rs 18,827.4 crore from Rs 17,190.4 crore. Its MTM loss of Rs 25 crore (Lower Than Mkt Expectations).
Its consolidated net profit at Rs 1502.8 crore.Its standalone net profit was up 9.5% at Rs 1502.8 crore from Rs 1372.8 crore QoQ.The company's standalone revenues up 8.9% at Rs 5311.3 crore from Rs 4874 crore, QoQ.Its MTM Loss of Rs 8 crore.

Resources -

::Bookmark This Page::

Today's market view 30/04/08

Market seems good so far. Asian market and US market are trade firm. today there is some important results in indian market. like DLF , HDFC, JPAsso, Bank of India, Dabur India. Buy on DLF ,Unitech,RPL.

::Bookmark This Page::

Tuesday, April 29, 2008

RBI's Announcement

Markets have gained momentum after the announcement of RBI’s monetary policy. RBI has left repo rate unchanged and has hiked CRR by 25 bps to 8.25% from 8%. At 12:35 am (IST), the BSE 30-share Sensex is up 227 points at 17, 243 and NSE Nifty is up 58 points at 5, 147.
Banking stocks are trading higher. The BSE BANKEX is up by 2.6%. ICICI Bank has gained by over 3% to Rs923, SBI has surged by over 2.5% to Rs1,786, Bank of India is up by over 1.5% to Rs339 and Yes Bank has risen to Rs172 by over 2.5%.
Auto stocks are showing some strength with gains in stocks like M&M which has gained by over 1% to Rs643, Hero Honda which is up by 5.5% and Ashok Leyland which has surged by over 1.5% to Rs40.
Also, the realty sector is up by 1% with price increases in stocks like DLF which is up by over 3.5%, Parsvnath which has increased by over 2% and Unitech which has risen by over 2.5%.
Cairn India has risen by over 1.5% to Rs263 after the company announced its Q1 results with profit at Rs116cr (up 205%) and net sales at Rs316cr (34%). The scrip has touched an intra-day high of Rs265 and a low of Rs257 and has recorded volumes of over 31, 00, 000 shares on NSE


::Bookmark This Page::

Today's Market View 29/04/08

Today’s market will very choppy. Asian market and US market are down by marginally. Today’s buy stocks – Bata India, REL, Tatacom. Avoid bank stocks.

::Bookmark This Page::

Monday, April 28, 2008

Result of Reliance Energy(REL)

Reliance Energy has announced its FY08 results. The company's FY08 standalone revenues was up 11% at Rs 6313.17 crore. Its margins was down at 7.8% versus Rs 8.4%.Its net profit was up 35% to Rs 1084.63 crore versus Rs 801.45 crore.Its basic EPS was at Rs 46.85 and the diluted EPS was at Rs 45.68.The company's Q4 revenues was flat at Rs 1614 crore versus Rs 1614 .3 crore.Its net profit up was 33% to Rs 311 crore versus Rs 234 crore.
Resources –

::Bookmark This Page::

Result of Indian Overseas Bank(IOB)

Indian Overseas Bank has announced its fourth quarter results. The company's Q4 standalone net profit was up at Rs 305.95 crore versus 289.75 crore.During the same quarter its standalone NII was at Rs 682.3 crore versus Rs 768.2 crore. Its NIMs was at 3.29% as against NIMs of 3.11% in Q3FY08 and of 3.11% Q2FY08.During the same quarter its other income stood at Rs 352 crore versus Rs 190 crore.In FY08 the company's standalone net profit went up by 19.22% to Rs 1202.32 crore from Rs 1008.43 crore. In FY08 its standlone NII was at Rs 2,679.5 crore versus Rs 2,560.8 crore.
Resources –

::Bookmark This Page::

Metal ! buy or sell

With almost all commodities in a ‘once in a life-time’ bull run, the Indian metal sector has had a pretty good time. But government-imposed price curbs and the slowdown in global economic growth are playing spoilsport for the sector.


National Aluminium: Unfortunately for Nalco, the bull run in other commodities hasn’t quite materialised in aluminium. Simultaneously, operating margin for the nine-month period ended December ’07 has taken a hit of over 10% because of lower sales realisation and higher power cost. Moreover, with a P/E of 15.7 and PE/BV of 3.7, Nalco is one stock that you may do well to exit.

Ispat Industries : A highly volatile operating margin makes Ispat Industries highly vulnerable to an increase in raw material costs. At the same time, a very high debt-equity ratio of 4.84, very low interest coverage ratio of 1 and the fact that it has been making losses for the past two years make Ispat Industries a sell.


Godawari Power and Ispat: With a very strong operating profit margin of over 16%, which is relatively higher compared to its peers, this may well be the best pick in this sector. Moreover, with strong possibilities of it getting an iron-ore mining lease in the near future, which will further improve its operating margin to about 30%, Godawari Power is a buy.
Resources –

::Bookmark This Page::

Friday, April 25, 2008

Bharti Airtel Q4 Result

Bharti Airtel has announced its Q4 and FY08 result. It has reported 7.58% growth in its Q4 net profit of Rs 1853 crore as against Rs 1,722.4 crore in previous quarter and 12.27% growth in ints revenues of Rs 7,819 crore versus Rs 6,963.9 crore (QoQ). Q4 EBITDA margin declined at 41.6% from 42.6%.

::Bookmark This Page::

Inflation rises to 7.33%

Inflation rate grew by a faster 7.33 per cent in the week ended April 12 from 7.14 per cent in the previous week, on higher prices of food items, including jaggery and fish. The price rise is expected to prompt Reserve Bank of India (RBI) to further tighten money supply in its annual credit policy slated to be announced on April 29.


::Bookmark This Page::

Today' Market View 25/04/08

As said as long as markets trade in a range bond , be cautious. The markets reacted from the high resistance zone and in there is support exactly at 4998 on the nifty. All asian market had gave mix reations so far.Intraday traders should be cautious. Todays stocks are Ispatind, WWIL, and BHEL.

::Bookmark This Page::

Thursday, April 24, 2008

Today's Market View 24/04/08

Today is settlement of april future. Market looks not very bed today so far. SBI had losses of almost 1000 cr. In subprime market of US. Must be bed news for banking or especially for SBI. Nifty moves in range between 4970 to 5050 and it can closed below 5000 level. US and Asian market in green belt. Buy in IT stock like polaris, TCS and Infosys in dip. Avoid banking for few days. Rolta and TTML are also good for buying.

::Bookmark This Page::

Wednesday, April 23, 2008

Today's Market view 23/04/08

Markets would continue to consolidate further and also with F&O expiry on the horizon traders and investors should be cautious. US market closed in red Nasdeq down by 31 points and dow down by 102 points. Day traders should be avoid the market for today because market can go either side. In dip one should go for DLF, BHEL and IT stocks.RIL is looking good for buying for very short term targets of Rs. 2800. its result is very good.

::Bookmark This Page::

Tuesday, April 22, 2008

Market Review after closing bell

Today market behave as we were expected in the morning. BHEL, DLF ,Unitech,TTML,Ispat and Sujana Tower were doing well today, One can book their small profit in these stock as i done today.
heavy weight stocks could not do anything positive in today's market.

::Bookmark This Page::

Result of Reliance Induestries

Riding on a higher gross refining margin (GRM) of $15.5 per barrel and some help from non-operational income, Reliance Industries (RIL) on Monday reported a 24% increase in its fourth-quarter net profit to Rs 3,912 crore, excluding exceptional items. This was on a turnover of Rs 38,697 crore, an increase of 32% over the corresponding quarter last fiscal.

The operating margin (excluding other and exceptional income) during the fourth quarter declined by nearly 270 basis points to 16.1% of net sales against 18.8% compared with the corresponding period last year. For the full year, the company reported an operating margin of 17.5% in FY08 against 18% in the previous year

For the entire year, RIL’s net profit grew by 28% to Rs 15,261 crore on revenues of Rs 139,269 crore, an increase of 18% over the previous year. The company’s profit during the year was helped by a Rs 986-crore profit from foreign exchange transaction and sales-tax savings due to higher exports and conversion of its Jamnagar refinery to an export-oriented unit (EOU). RIL’s Jamnagar unit was converted into an EOU with effect April 16, 2007.

The company’s other income nearly doubled in FY08 to Rs 895 crore, primarily because of an increase in interest income. Including exceptional items, the net profit for the full year was Rs 19,458 crore, just under $5 billion. The exceptional item was proceeds from the sale of shares in Reliance Petroleum, a subsidiary in which RIL owns a 70% stake.

Resources -

::Bookmark This Page::

Today Market view 22/04/08

Today market is range bond between 5000 to 5130, Some stocks can buy today for intraday like RCOM, RIL and Ranbaxy. Yesterday the bank of America announce result and its 77% loss. Its not good news for market but US market still firm at this level. All Asian market down marginally. So at this level we can expect 24april cutting will be around of 5000 nifty.

::Bookmark This Page::

Monday, April 21, 2008

Market Review after closing bell

Today’s market is very good as we were expecting in the morning. All cues about Asian markets and US markets were good. polaris were perform outstanding today. Relcapital were good enough for the day. I said about KSoil and its rocks from few days.In Nifty top gainer Tatasteel, JPassociate ,RCOM ,Ranbaxy, ICICIBank, and SBI. Today IT counter were weak, the top loser are Satyam,InfosysWipro and TCS. Today Nifty cross 5k level and sustain above this level. Market looks quiet strong at this level.

::Bookmark This Page::

Axis Bank's Result

Axis Bank has announced its Q4 and FY08 numbers. It has reported 70.55% growth in its Q4 standalone net profit of Rs 361.4 crore as against Rs 211.9 crore in the same quarter of earlier year.
Standalone net interest income went up by 78.57% at Rs 828.4 crore from Rs 464.2 crore. Other income increased at Rs 556 crore from Rs 301 crore.

FY08 consolidated net interest income stood at Rs 2,585.2 crore versus Rs 1,567.2 crore and net profit at Rs 1,059.1 crore versus Rs 654.3 crore.
Resources -

::Bookmark This Page::

Biocon bouns shares

Biocon has rallied by over 12% to 500 after the company announced that the Board would consider declaration of Bonus Shares by the capitalization of reserves on April 22, 2008

::Bookmark This Page::

Today market View

Today's opening is really good as we expected, as citigroup 's good result on friday and good recovering in US and Asian market. Today there is some important result in indian market and these results are effects our market. click the below link for list of today's result.

::Bookmark This Page::

Friday, April 18, 2008

Result of Wipro

Wipro has announced its fourth quarter and FY08 results. The company's Q4 consolidated net profit was up by 3.4% at Rs 880 crore versus Rs 851.1 crore and net sales up 6.6% at Rs 5,691.9 crore versus Rs 5,339.6 crore, QoQ.
Margin went down a bit at 24.3% versus 24.6% QoQ. Global IT services operating margin declined at 21% versus 24% YoY.
BPO services revenue increased at Rs 322 crore in fourth quarter as against Rs 264 crore in previous quarter. The company added net 2,290 employees and 29 IT clients in the quarter ended March 2008.For FY08, it has reported consolidated net profit of Rs 3,282.90 crore and net sales of Rs 20,019.50 crore.Girish Paranjpe, Suresh Vaswani have appointed Joint-CEO of IT business.
According to CNBC-TV18 estimates, Wipro was likely to post net profit of Rs 872 crore and net sales of Rs 5,628.5 crore.
Guidance Q1
The company is expecting combined IT services revenues at USD 1060 million as against USD 1031.5 million in Q4 and Global IT revenue seen at USD 988 million.Chairman and Managing Director of Wipro, Azim Premji says that they are cautious due to uncertainty in environment. Wipro CFO says onsite wage hike has hit Q4 margins by 100 bps. They have bagged 5-year deal from US Consumer Electronics Co.
Resource -

::Bookmark This Page::

Thursday, April 17, 2008

Market review after closing bell

Today market were open good and remains in range bond. Main leaders of today’s market is IT stocks, all perform well, I-flex and Polaris were the hero among this sector. I suggested some stocks were perform well like DLF, Infosys, rolta.

::Bookmark This Page::

List of Delisted companies in NSE and BSE

You can find List of all delisted company and all information.
click on below link

::Bookmark This Page::

Importent - Redemption pressure forces FIIs to cut holdings

The turmoil in the global financial markets and growing aversion to risk is prompting foreign institutional investors (FIIs) to cut their exposure in the Indian equity markets. The decrease in risk appetite is evident in the latest shareholding pattern of FIIs that tracks a decline in their holding in Nifty companies.

Market analysts attribute this largely to redemption pressures, triggered in part by uncertainty in the global markets coupled with the expected slowdown in economy. As per data furnished by companies, of the 21 Nifty companies that have disclosed their shareholding details as on March 2008, there has been a decline in the FII holding in 18 companies.

“Investors have a tendency to see events through a magnifying glass and FIIs are no exception to this. Though there are negatives in the macro-economic scenario, India is comparatively a safe market with sustained growth over long term,” says Vikram Bhatt, director, Ajmera Associates. The three companies that have witnessed an increase in FII shareholding — Nalco, Bharat Petroleum and ICICI Bank — have seen their holding go up by 0.04%, 0.27% and 0.33% respectively.

In contrast, many companies from the capital goods sector (ABB, Siemens and L&T) have seen a decline in their FII holding by over 1%. Other companies to see such an erosion in holding include Power Grid, Dr Reddy’s Lab, Reliance Energy, ACC and HDFC.

The erosion, however, is much more in companies like ACC, Reliance Energy and Larsen and Toubro, where FII holding has decreased by 3.28%, 2.33% and 1.95% respectively. Foreign investors were net sellers for over $3 billion during the January-March quarter this year, in part due to unwinding of P-note positions.

According to Mr. Ajmera, FIIs total allocation to India is at about 5% of their total investment corpus. “However, they have to sell their profitable positions to offset the losses in their books. Also, many investors start redeeming their investments on fears of further fall,” says Mr Bhatt.

Market analysts also say that even though data ending March 31 reflects erosion, the last couple of days have seen renewed buying by major funds. This could result in an increase in their shareholding in the frontline companies, for it is these companies where the funds enter or exit first.
Resources -

::Bookmark This Page::

Result of Petronet LNG Ltd

PLL reported a PAT of Rs1.2bn for Q4 FY08 which was down 8.4% qoq and up 13.2% yoy. The qoq decline was on account of 7.4% drop in operating profit and 219bps increase in effective tax rate.

ä Net sales up 13.9% on higher volumes and realizations
ä OPM down 50bps qoq and 240bps yoy
ä Recommend Market Performer with a target of Rs80
Click below for the quarterly update of Petronet LNG Ltd.
Resources -

::Bookmark This Page::

Today's Market View 17/04/08

Today’s market will behave quiet choppy, Nifty can moves either side range between 4850 to 4950. One should buy Nifty at every dip. All asian markets are good, nasdaq is in positive zone where is dow still in negative. One can buy Infosys for target of Rs.1800 in next six months. IT sector led the market so we can watch these stock for buying. All reliance lobby will perform well today. RPL, RIL,RNRL,Relcap,RCOM,REL and Adlebs these stocks can perform well. One should keep buy on these stocks. If RPL breaks 196 level it will shoot up to 205 in indraday. DLF and Kotak bank also can buy at these level for very short term targets.

::Bookmark This Page::

Wednesday, April 16, 2008

Results of Power Finance Corporation (PFC)

Power Finance Corporation (PFC) announced its Q4 and FY08 results. The company's FY08 net profit was up by 22.59% at Rs 1208.99 crore versus Rs 986.14 crore. FY08 net interest margin stood at 3.75% versus 3.52%.Its Q4 net profit declined by 19.18% at Rs 297.64 crore from Rs 368.29 crore and income from operations went up by 20.58% to Rs 1365.24 crore from Rs 1132.17 crore, YoY. Net interest income increased at Rs 486 crore versus Rs 463 crore.

According to CNBC-TV18's estimates, the company was likely to post de growth of 2.45% in its Q4 net profit of Rs 359.25 crore as against Rs 368.29 crore in same quarter of last year.Net interest income was seen going up 13.2% to Rs 543.7 crore from Rs 480.3 crore.


::Bookmark This Page::

Good Rally in Tech Stocks

There we seen very good rally from last two trading sessions. Today Infosys, Satyam and HCL all IT stock rocks from the opening bell. All these stocks up by almost 4% from previous close. As i had suggested in morning as well tomorrow to keep buy on IT stocks and I had booked good profit in this sector.

::Bookmark This Page::

Today's Market View 16/04/08

Today’s market is good for trading. All asian markets and US market up by almost 1%. Nifty may cross 4950 level toady, All tech counter are looking good for buying, like Satyam,Infosys,HCL. Oil and Gas sector is also looks strong at this level. One should buy Eassar oil, Reliance industries and RPL for short term.

::Bookmark This Page::

Tuesday, April 15, 2008

Market review after closing bell

Today is a really big day and how surprising. This morning when there is gap down opening, everyone supposed that today is blackday for market due to US market crash on Friday, but there huge covering in market. Top gainer of today’s market is Ranbaxy lab,TCS,Infosystech,RCOM,Wipro. Today’s rally is very surprising,It’s had excellent leadership from IT, we have had some big moves in pharmaceuticals, and many largecap names like Lever, ICICI Bank, DLF have all done very well. Nifty cross 4800 level with a good margin and touch 4937 as high.

So technically today has been an important day, maybe the market was waiting for some kind of a whiff of good news, to clear that 4800 happen, that’s come in the form of Infosys, maybe it's been aided by short covering. But whatever it is, it has been strong today.

I had suggested some stocks for buy in morning as well on 11th april, like BHEL, Rolta,Infosys, Ksoil,Punjlloyed and Nifty. All stocks give some good returns as we expecting. I had made good returns from these stocks and I hope you too.

::Bookmark This Page::

Report on Nitin Fire - Buy Nitin fire

Keep Buying on Nitin Fire for target of Rs.735, Current Market Price-Rs.560
Anand Rathi has maintained a ‘buy’ rating on Nitin Fire Protection Industries after factoring in the inorganic growth strategy of the company which, according to the brokerage, is ‘on course’. According to the brokerage, Nitin Fire has acquired a 40% stake in a fire protection company in Dubai, New Age, which would give the company access to the fast growing West Asian (the Middle Eastern) markets.
The report further adds that the company would fund the acquisition through internal accruals and by raising debt. “We expect the acquisition to be EPS accretive,” it says. Further, loss prevention certification board (LPCB) approval could be the next big thing, according to the report. “Nitin Fire has recently obtained LPCB approval for its ozone-friendly HFC 227ea and Novec 1230-based fire-suppression systems,” says the report adding that the “approval opens up a $1.5 billion worldwide opportunity” for Nitin Fire. However, the brokerage has lowered its topline and bottomline FY08 estimates by 16.4% and 11.2%, respectively, on the back of a delay in the commissioning of the plant.

From Economice Times

::Bookmark This Page::

Target of Maruti Suzuki India with report

Keep buying on Maruti for target Rs.940, Current market price-Rs.752
Merrill Lynch has downgraded Maruti Suzuki India to ‘sell’, driven by sharp lowering of forecasts on competitive and cost concerns. Post-revision, the foreign brokerage expects a flattish FY09 EPS apart from substantial downgrades, leading to stock de-rating closer to historic lows.
Merrill Lynch has cut its EPS estimates by 2.2% in FY08, 12.5% in FY09, and 10.5% in FY10, driven mainly by lower volumes on increased competitive intensity.
“We also factor higher steel and aluminium prices which, we believe, cannot be fully passed on, and adverse JPY (yen) to USD (dollar), which will show up on newer import contracts,” it adds.
According to the report, the first half of the current financial year is expected to be particularly weak for the auto major, both on volumes (loss of share) and margins (higher costs). We estimate around 6% EBITDA and double digit net profit decline in the first half of the fiscal, the report adds.

Resources - economics time

::Bookmark This Page::

Infosys Results

Infosys has up by over 4% to Rs1480, after the company announced that it posted a net PAT(profit after tax), exceptional items and minority interest of Rs12,490 million for the quarter ended March 31, 2008 as compared to Rs11,440mn for the quarter ended March 31, 2007. Total Income increased from Rs38,910mn for the quarter ended March 31, 2007 to Rs46,810mn for the quarter ended March 31, 2008.

::Bookmark This Page::

Book Profit

As i said in the morning one can book their profit in Nifty. I suggested infosys for buy on 11th april and now infosys up by 5 % from 11th april.

::Bookmark This Page::

Today's market view 15/04/2008

Today’s market will open with gapdown opening, due to US market’s fall on last Friday and Monday. I suggest that today all investor should be alert and avoid day trading. For short term goal one can buy Bhel, Rolta,sujana tower,LT and Ksoil at every dip. In NiftyOne can buy at level of 4700 and above with stoploss of 4670, don’t short nifty at this level. If someone wants to short Nifty then also short a put of higher strike price like 4650 or 4700.

::Bookmark This Page::

Monday, April 14, 2008

Market review in hindi

If anybody is searching for website for market view in hindi so plz visit :-

::Bookmark This Page::

Buy on Rolta for target 720

Merrill Lynch has maintained buy rating on Rolta target price of Rs 720 in its January 23, 2008 report. "Rolta has acquired Broech Corporation, a Chicago based IT consulting company employing over 160 consultants. TUSC (business name of Broech Corp) specializes in Oracle based ERP applications, database and business intelligence solutions with strong presence in Rolta’s current business segments. TUSC derives 100% of revenue from North American clients. This acquisition imparts Rolta ability to offer database related services supporting GIS/engg services data. Our PO on the local shares, at Rs 720, is at 16x estimated 1yr fwd earnings, at a discount to FY08e PE of 18x. Our GDR PO, at USD 18.0, is at par with the local PO. Risks: a) Non-annuity nature of business b) risk related to possible acquisitions c) risk posed due to high dependence on partnerships d) industry wide risk of increasing wages, increasing taxes, Rupee appreciation," says Merrill Lynch report.


::Bookmark This Page::

Short Term stocks for buying

Mahindra & Mahindra with a target price of Rs 750 Keep buy on Yes Bank with a price target of Rs 250 Voltas with the target price of Rs 225 Praj Industries with a target of Rs 195 Allied Digital Services with a target price of Rs 1430

::Bookmark This Page::

Aishwarya Telecom's IPO open on tuesday

Aishwarya Telecom's IPO will open for subscription on Tuesday. The issue, priced within a band of Rs 32 to Rs 35, will offer 40,00,000 equity shares of Rs 10 each through the 100 per cent book building process. The issue closes on Thursday.
Aishwarya Telecom is in the business of manufacturing test and measurement equipments like mobile tester, fibre optic tester, data tester, cable fault locator. The company currently manufactures products for telephone service providers, defense sector, railways, telecom equipment manufacturing companies and cable TV operators.
The company has its manufacturing facilities at Yanam, Pondicherry and Dehradun in Uttaranchal. It also has a research and development facility at Hyderabad.
Aishwarya Telecom posted net sales of Rs 22.08 crore with a net profit at Rs 3.14 crore. For FY2006-07, the company has reported net sales at Rs 21.74 crore with a PAT of Rs 3.03 crore.


::Bookmark This Page::

Saturday, April 12, 2008

Buy On Reliance Petroleum Ltd.

RPL aims to start its refinery at Jamnagar from November, according to media reports. The company has been maintaining that it is on course to complete the project ahead of the scheduled start in December 2008.major units at the RPL refinery will start production from September, the rest of the units will start operation in the next 2-3 months, according to reports.

::Bookmark This Page::

Know more about Option strategies

::Bookmark This Page::

Know about short-selling

What is short-selling?

Short-selling, in the context of the stock market, is the practice where an investor sells shares that he does not own at the time of selling them. He sells them in the hope that the price of those shares will decline, and he will profit by buying back those shares at a lower price. In India, there is no prohibition on short-selling by retail investors. Institutional investors —domestic mutual funds and foreign institutional investors registered with the Securities and Exchange Board of India (Sebi), banks and insurance companies — are prohibited from short-selling and are mandatorily required to settle on the basis of deliveries of securities owned and held by them.

How is short-selling beneficial?

Short-selling is considered an essential feature of the securities market not just for providing liquidity, but also for helping price corrections in over valued stocks. Supporters of short-selling claim its absence distort efficient price discovery, gives promoters the unfettered freedom to manipulate prices and favours manipulators than rational investors. Securities market regulators in most countries, and in particular, all developed securities markets, recognise short-selling as a legitimate investment activity. The International Organisation of Securities Commissions (IOSCO) has also reviewed short-selling and securities lending practices across markets and has recommended transparency of short-selling, rather than prohibit it.

Are there any drawbacks of short-selling?

Critics of short-selling feel selling, directly or indirectly, poses potential risks and can easily destabilise the market. They believe that short-selling can exacerbate declining trend in share prices, increase share price volatility, and force the price of individual stocks down to levels that might not otherwise be reached. They also argue that declining trend in the share prices of a company can even impact its fund raising capability and undermine the commercial confidence of the company. In a bear market in particular, short-selling can contribute to disorderly trading, give rise to heightened short-term price volatility and could be used in manipulative trading strategies.

Will institutional investors in India be allowed to short-sell securities?

Sebi is working on a proposal to introduce a stock borrowing and lending mechanism. This will allow institutional investors to short-sell by borrowing shares. Under this arrangement, an investor A, who feels that a certain stock is overpriced, borrows those shares for a charge from investor B, who is willing to lend those shares. Investor A then sells those shares in the market, hoping that the price declines so that he can buy cheap and return them to investor B.

What is the difference between covered short sales and naked short sales?

Covered short sales are those in which the seller arranges for the delivery of shares he has sold by borrowing them. Naked short sales are those in which the seller does not intend to provide for the delivery of shares he has sold. Most international securities market regulators have prohibited naked short-selling and require the client to have documentary evidence of borrowing/tie-up with lenders before executing the sale transaction. This is because naked short sales in huge quantities can destabilise the market.

How does the stock lending and borrowing mechanism function in other markets?

World over, securities lending and borrowing transactions are, by and large, over-the-counter (OTC) contractual obligations executed between lenders and borrowers. International securities market regulators do not directly regulate the lending and borrowing transactions. In many international markets, entities like custodians and depositories run the lending and borrowing scheme and have their own screens for meeting the demand and supply of securities from their clients.

::Bookmark This Page::

Long term strategies

About heavy weighted stock Bhel , I suggests that recent correction in BHEL, is an opportunity for long term investor for target of Rs. 2100.
RPL is also good for buying for torget of Rs. 210-230 in short term.

On other hend there is good buying opportunity in heavy weight shares like L&T,BHEL,Tata Power,NTPC,REL.

::Bookmark This Page::

Stocks Picks- Sujana Towers

Sujana Towers

One can buy on Sujana Towers for Rs. 202 target. CMP(current market price) is Rs. 107, At the price of 202 the stock discounts its FY08 EPS of Rs. 14.4 by 7.3 times.

Sujana Towers is expanding its galvanised tower manufacturing capacity from 28,125 million tonne per annum to 1,28,125 mtpa, while raising its heavy structural steel product capacity to 70,000 tonne per annum. The capacity of light and heavy structures is 80,000-85,000 tonne per annum. Post-expansion, 80 per cent of the structural steel requirement of the lower division is being met through in-house production. The company currently utilizes 85 per cent of its galvanized lower capacity.

The company has a strong order book totaling Rs 300 crore, which comprises 55,000 mtpa of project work to be executed with in six months. About 70 per cent of the order book is from the power sector and balance from telecom. As a policy, the company does not take an orders which exceeds a six-month timeline to avoid variances arising from inputs costs

::Bookmark This Page::

Know about market in last weak

The market fell sharply last week, with the Sensex finishing 6.28% or 1,028 points lower, and the Nifty losing 5.97%. The CNX Midcap lost 3.83%. Ranbaxy , up 4.4%, was the top gainer among Sensex stocks. Satyam gained 4.1% to become the only other Sensex Gainer. Bhel, down 21.9%, was the biggest loser among Sensex stocks. L&T, HDFC, DLF, Rel and M&M followed with losses between 12% and 15%.

The other gainers were OrchidChem, Amtek, MRPL, HOEC, Hero Honda, with gains between 5% and 25%. Orbit Corporation, down 23%, was the biggest loser among the more heavily traded stocks. Other losers included Yes bank ,SAIL, Reliance Capital, GSS America, Jindal Steel, Sesa Goa and Nagarjuna Construction with losses between 12% and 21%.

Most global markets are getting into intermediate uptrends, having climbed to one-month highs as a result of the recent rallies. We have, however, not participated in the latest global rally so far.

Longer-term investors can start the process of slowly building up their portfolios. Pharma and FMCG stocks have been the better performers since January 22, and are safer options at this time.

::Bookmark This Page::

Friday, April 11, 2008

Welcome to discuss the derivatives

All investors can discuss about their porfolilo, their holding, derivative strategies with me on my blog. I will give you the new strategies in derivative market by which we can minimize our loss and release our margins. we can earn 8 to 10% in derivative market with very low investments. Generally People says there is lot of investment and risk in derivative market but it is not true. We can get good return with our small investment too. Just visit my blog and discuss with me about derivative market and I will change your thinking about derivative, and also help to make some money for all of you.

::Bookmark This Page::

Provogue's preferential shares and warranets

Provogue India on Friday said it will raise about Rs 477 crore through issue of shares and convertible warrants for its future activities including expansion plans.
Provogue would issue 28.5 lakh equity shares worth about Rs 314 crore on preferential basis, it said in a filing to the Bombay Stock Exchange.Altima Partners, T Rowe Price, Genesis, New Vernon, Liberty International, Acacia Partners, Dharmayug Investment and CNBC have participated in the preferential offer, which would be locked in for one year from the date of allotment, the filing added. Provogue would issue 14.84 lakh convertible warrants worth Rs 163.24 crore to Everest Plaza Pvt Ltd, and Fairprice Traders (India) Pvt Ltd.Both shares and convertible warrants would be allotted at a price of Rs 1,100 each.

::Bookmark This Page::

Market News

Steel stocks have lost their shine after reports stated that government banned exports of Primary Steel. Also Primary steel has been removed from focus product scheme.

For the first 11 months of the current financial year, industrial production grew by 8.7% compared to 11.2% in the corresponding period of the previous year. But, now with industrial production picking up in February, the Government can heave a sigh of relief and the Reserve Bank of India (RBI) can consider hiking the CRR to check inflation. Cement companies have added an additional capacity of 17mn tons in 08, as against 6mn tons the previous year and production for the year ended 31 March ' 08 has increased 7.09% to 166mt.

::Bookmark This Page::

Market Review After closing bell

The Sensex ended 112 points higher to close at 15,807 and the Nifty ended 44 points higher to 4,777. After trading higher for major part of the day, markets have come off their days high in the late afternoon trades as traders prefer to book some profits at higher levels. Selling pressure is seen in the FMCG, IT. On the other hand, the Oil & Gas, Capital Goods and Power index are among the major gainers.

Sasken Communication up by over 12% to Rs136 after reports stated that they would consider share buy-back on April 18, 2008. The scrip has touched an intra-day high of Rs139 and a low of Rs123.

ICICI Bank is trading flat at Rs797. The company is in talks with Moscow Bank of Reconstruction and Development (MBRD) for jointly marketing the Indian banks mortgage loan products in Russia, reports stated.

I had suggested some stokes like BHEL , Punjllyod , REL and all were performed well today, and I had booked 3% profit in these stocks. Yesterday I said about Ksoil for short term investment , Today a small rally of 5% seen in this stock. I still suggest to hold your position in Ksoil.

All in all its good day for Indian market and Nifty cross 4800 level with high volumes and closed near that level.

::Bookmark This Page::

Derivative Strategies

Buy Nifty's Call of strike price 4800 at 112 and Short Nifty's Call of strike price of 4900 at 69 & 5000 at 39. Max Profit potential is of 96 points if Nifty will close at 5000 on 24th april. if Nifty will close below 4800 then Max Loss will of 5 points. In this strategy your margin will be release and only buy call margin that is 112, is taken as margin money

::Bookmark This Page::

Good opening as we were expected

Overnight gains in the US markets, a firm start in the equity markets across Asia and early buying in the index heavyweight like Reliance Industries, L&T, ICICI Bank and REL have lifted the Indian market to open with a positive gap. At 10:00 am , the BSE was up 140 points at 15,835 and Nifty was up 45 points at 4,777

::Bookmark This Page::

Today's market view 11/04/2008

Today’s market will show little bit of upside movement due to all Asian market and us market up by aprrox 1%. Indian ADRs are down. Yesterday we saw very low volume in future stocks and index stocks. There is some stocks I will suggest for day trading like punjloyed, Infosys, and bhel.
If one have sugar stocks in his portfolio then one should exit the position. Reason there will be almost 10% less production of sugar in this year.For Short term investment one should buy orchidcem, techmahindra,ispat,Infosys.

::Bookmark This Page::

::Bookmark This Page::

Thursday, April 10, 2008

Market review after closing bell

In morning I said about range of nifty and suggest the buying on nifty. Nifty went almost 4800 and one can book their profit. I suggested some stock at opening bell like Dlf, bulrampurchini,ksoil and Bhel, all stocks performed well and one can book profit of average 2-3%.
Actually all in all nothing good about today’s closing, we almost went to 4,800 and then came right back, so quite disappointing. 4,725 is where the Nifty about to close and the Sensex at 15,700-15,650, down 132 points.
ICICI Bank is culprit number one, Bharti is culprit number two, Infosys is culprit number three and Ranbaxy, Suzlon, PNB, HDFC Bank, and Hindustan Unilever; they all contributed in small measures to the fall today.
Reliance Energy, Cairn India, RPL and TCS good and rearguard but not enough to cover the red ticks particularly from heavyweights like ICICI Bank. Quite a disappointing close..

::Bookmark This Page::

Today's market view - 10/04/2008

Today's market quit rangebond between 4680 to 4750, one can buy nifty at 4700-20 with stoploss of 4670.some of real estate stocks like Unitech and DLF has good open interest, one can buy DLF at lower level of market.Asian market and US market little bit weak. dow,Nasdeq and S&P500 are down by aporrx 1%. theseindices are weak from last two trading sessions. one cane buy on DLF , Unitech, balrampurchini and Bhel for intraday. For delivery ispat, bhel, yesbank, Ksoil

::Bookmark This Page::

Wednesday, April 9, 2008

About Me

My Name is Nirdesh Singh. I am 25 yr. old guy from Jaipur.

::Bookmark This Page::