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Showing posts from 2009

Govt to raise public holding in PSUs to 10%

NDTV Correspondent Thursday, November 05, 2009 (New Delhi) The government on Thursday said that 51 per cent of equity for all PSUs would remain with the government and 10 per cent of equity for all listed PSUs must be held with public. Addressing the media, home minister P Chidambaram said that all profit-making unlisted PSU companies should also be listed. The government also said that the National Investment Fund (NIF) would hold all proceeds from disinvestment and these proceeds would be used for social sector capital expenditure. http://profit.ndtv.com/2009/11/05134009/Govt-to-raise-public-holding-i.html ------------------------ Quickgainz ------------------------

Happy Diwali

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Bazaar Mein DIwali

Bazaar Mein Diwali Source: www.zeenews.com ------------------------ Quickgainz Prudently,Wisely,Timely quickgainz@gmail.com ------------------------

Your Call with Mohammad Azharuddin

Strong gains take Sensex above 17K

Buoyed by double-digit rise in industrial production growth and firm European markets, the key benchmark indices soared in the afternoon deals today. The Sensex surged 374 points to 17,017 levels and the Nifty rose 105 points to 5,050. Industrial output growth in August surged to 10.4 per cent from a revised 7.2 per cent growth in July, helped by a base effect and a revival in the economy. IT, oil & gas and banking stocks led the advances in the markets. SBI and Reliance Infra were the biggest gainers in the Sensex pack, up 4.3 per cent each. TCS jumped 3.7 per cent and ITC gained 3.5 per cent. RIL was also up 3.3 per cent. European markets also advanced today. Britain's FTSE-100 rose 0.9 percent, Germany's DAX added 1.4 percent and France's CAC 40 gained 0.8 percent. http://profit.ndtv.com/2009/10/12144829/Strong-gains-take-Sensex-above.html ------------------------ Quickgainz Prudently,Wisely,Timely quickgainz@gmail.com ------------------------

History of Mercedes S-class

Source: UTVi ------------------------ Quickgainz Prudently,Wisely,Timely ------------------------ quickgainz@gmail.com

What Are Charts?

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A price chart is a sequence of prices plotted over a specific time frame. In statistical terms, charts are referred to as time series plots. On the chart, the y-axis (vertical axis) represents the price scale and the x-axis (horizontal axis) represents the time scale. Prices are plotted from left to right across the x-axis with the most recent plot being the furthest right. The price plot for IBM extends from January 1, 1999 to March 13, 2000. Technicians, technical analysts and chartists use charts to analyze a wide array of securities and forecast future price movements. The word "securities" refers to any tradable financial instrument or quantifiable index such as stocks, bonds, commodities, futures or market indices. Any security with price data over a period of time can be used to form a chart for analysis. While technical analysts use charts almost exclusively, the use of charts is not limited to just technical analysis. Because charts provide an easy-to-...

What is Technical Analysis

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Technical Analysis is the study of past price and volume trends to judge the direction of future price movements. Technical analysis assume that prices take a randon walk and one can judge the future price movements based on the past trends. That way, Tech analysis helps investors to take their investment decisions. Methods of Tech Analysis There are two main methods for studying investment data: technical analysis, the study of price and volume trends and fundamental analysis, the study of a company or industry's earnings. Technical analysis itself has two main branches - one dependent on intuition and interpretation, the other on quickly crunching colossal amounts of data. Acolytes of the first decipher information about trading through interpreting price charts. Theirs is the rarefied realm of head-and-shoulders patterns, double-bottoms, flags and pennants - patterns that their experienced eyes become increasingly adept at discerning. Computers have limited power to replicate th...

Best Kept Secrets: Tata Sons - UTVi

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Best Kept Secrets: Tata Sons MUMBAI: Tata Sons has over 100 subsidiaries of which over 80 are unlisted. Most of the big unlisted subsidiaries are incurring big losses. The biggest of them, Tata Tele, incurred a loss of over Rs 800 crore in FY08. DTH Venture Tata Sky’s FY08 performance is almost as bad as FY07. Tata Group’s life insurance JV with AIG, too, posted losses of over Rs 200 crore though its revenue increased by over 50%. Its general insurance JV did marginally better, posting a net profit of Rs 12 crore, though revenue growth was quite unimpressive. Retail chain Chroma, too, continued to bleed, increasing its losses by three times over FY07. Notwithstanding these losses, Tata Sons made significant investments in these companies, since most of them are start-ups. Notable among them are Tata Realty & Infra where Tata Sons pumped in over Rs 1,700 crore, and Tata Capital, which received over Rs 570 crore in equity investment from Tata Sons. The rationale? Tata Sons’ ...

Calculators

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Fibonacci Retracement A term used in technical analysis that refers to the likelihood that a financial asset's price will retrace a large portion of an original move and find support or resistance at the key Fibonacci levels before it continues in the original direction. These levels are created by drawing a trendline between two extreme points and then dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%. Fibonacci retracement is a very popular tool used by many technical traders to help identify strategic places for transactions to be placed, target prices or stop losses. The notion of retracement is used in many indicators such as Tirone levels, Gartley patterns, Elliott Wave theory and more. How to Calculate Pivot Points There are several different methods for calculating pivot points, the most common of which is the five-point system. This system uses the previous day's high, low and close, along with two support leve...

Technical Analysis.

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There are two basic methods that traders use in determining when to enter the market when trading the stock, forex, and futures markets, which are:Fundamental analysis which seeks to determine the value of a financial instrument by analyzing all the things such as the balance sheet of a company when trading stocks, or interest rate expectations when trading currencies to try and estimate whether a particular financial instrument is over or under valued. Technical analysis on the other hand focuses purely on historical price action of a particular instrument to determine whether the instrument is more likely to increase or decrease in value in the future, and therefore how it should be traded. Although there are exceptions to this, as a general rule, longer term investors tend to base their trading decisions on fundamentals and shorter term traders tend to focus more on technicals. From my experience, although active traders tend to focus more on technicals than fundamentals, they still...

DCB recuritment.

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Source: http://www.dcbl.com/careers/search-jobs.html ------------------------ Quickgainz Prudently,Wisely,Timely ------------------------ quickgainz@gmail.com

Mutual Fund - Organisational Structure, Advantages and Types

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ORGANISATION OF A MUTUAL FUND There are many entities involved and the diagram below illustrates the organisational set up of a mutual fund: Organisation of a Mutal Fund ADVANTAGES OF MUTUAL FUNDS The advantages of investing in a Mutual Fund are: Professional Management Diversification Convenient Administration Return Potential Low Costs Liquidity Transparency Flexibility Choice of schemes Tax benefits Well regulated TYPES OF MUTUAL FUND SCHEMES Wide variety of Mutual Fund Schemes exist to cater to the needs such as financial position, risk tolerance and return expectations etc. The table below gives an overview into the existing types of schemes in the Industry. FREQUENTLY USED TERMS Net Asset Value (NAV) Net Asset Value is the market value of the assets of the scheme minus its liabilities. The per unit NAV is the net asset value of the scheme divided by the number of units outstanding on the Valuatio...

How to read the MF account statement

Kayezad E Adajania, Outlook Money A mutual fund (MF) account statement contains a whole lot of information on your investments in the fund. Here's what they mean: What is an MF account statement? An MF account statement is a record of your investments with a fund house. As soon as you invest in a scheme, the fund house sends you a statement giving details of your holding pattern and your investments. It's like a bank account passbook. So, every time you transact with the fund house for any scheme, the details are updated in the statement. How do they work? Frequency You get a statement as soon as you invest in a scheme. Account statements are scheme-specific and account number-specific. So, if you invest in, say, two schemes within the same fund house, you will get two separate account statements. Subsequently, whenever there is any action in that particular scheme, like a dividend declaration, or additional units bought or sold, a fresh statement will be issued giving details ...

'My mandate is to grow the bank, but cautiously' -DCB

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Q&A: Murali M Natrajan, MD & CEO, Development Credit Bank Sudeep Jain & Abhijit Lele / Mumbai May 14, 2009, 0:34 IST Over the last few months, there has been a spate of bad news from Development Credit Bank, promoted by the Aga Khan Fund for Economic Development (Akfed). First came the departure of the bank’s CEO Gautam Vir, followed by losses in the third quarter and a rating downgrade. To add to the woes, the Reserve Bank of India has decided against giving fresh branch licenses till promoter holding reduces. But late last month, there was finally some good news with Murali M Natrajan joining as the Managing Director and CEO. In an interview, the first since taking over his new responsibility, the former Standard Chartered executive tells Sudeep Jain and Abhijit Lele about the strategy that he will pursue. What prompted you to move from a foreign bank to a small Indian bank which is not in the best of health at the moment? I have been with foreign banks all my life, eithe...

Stars shining for smaller parties, say astrologers

New Delhi, May 14: They aren't quite pollsters, but astrologers are pundits for all seasons in India. And days before votes for the 15th Lok Sabha are counted May 16, they predict "a hung house" and say the stars are shining for smaller parties. "Neither the Congress nor the Bharatiya Janata Party (BJP) will be able to form a government. The Congress at the most will get 135-140 seats, while the BJP might gain marginally with 165 seats," Delhi-based astrologer Prem Kumar Sharma, a popular television commentator on spirituality and astrology, said. "The Third Front and the smaller parties will play an important role in forming the government as the alliances will hunt for new friends." He said the Prime Minister would not be able to continue and the churning might throw up a "surprise prime ministerial candidate". "But the Third or Fourth (whatever you call it) Front will play an important role," Sharma said. He said the mandate woul...

NRI remittances up 20-fold at $4 bn

MUMBAI: In an indication that the diaspora continues to repose faith in India amid turbulent times, net inflows from non-resident Indians witnessed a stupendous, over twenty-fold rise to $4 billion in fiscal '09 as these constituents sharply increased their exposure to various NRI deposit schemes. Notably, inflows in March '09 itself crossed $1 billion, the highest since October '03, and testament to the fact that Indians abroad increasingly sought financial safety of their shores. Latest figures by Reserve Bank of India show that net inflows through various NRI deposits surged from $179 million in FY08 to $3,999m in FY09. These include inflows through foreign currency non-resident-banks (FCNR-B ), nonresident (external) rupee accounts (NRE-RA) and non-resident ordinary (NRO) deposit schemes. While FCNR(B) and NRE(RA) are repatriable and hence comprise a part of India's external debt, funds in an NRO account are meant for local use by NRIs and are hence not repatriable....

QGI- Location - Mumbai

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Markets News 09 April 09

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Markets choppy; Realty, metals, banks surge Realty, metals, banks and capital goods stocks were witnessing buying interest. Trade choppy; Tier II, III stocks outperform Economic Times Volatility continues... Sensex up 63pts Business Standard Sify - NDTV.com - Myiris.com - Economic Times ------------------------ Quickgainz Prudently,Wisely,Timely ------------------------ quickgainz@gmail.com

Inflation vs. Deflation

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By Colin Twiggs March 26, 2009 5:30 a.m. ET (8:30 p:m AET) These extracts from my trading diary are for educational purposes and should not be interpreted as investment or trading advice. Full terms and conditions can be found at Terms of Use . There are two competing views of global markets. One is driven by the rapid contraction of the money supply following collapse of the debt bubble. This points to a protracted deflationary spiral, with falling prices fuelled by debtors attempting to reduce their exposure by selling off assets. The outcome would be high unemployment, low commodity prices, low stock prices and a low gold price. The second scenario is where the Fed and other central banks expand the money supply, fuelling inflation. Purchasing bonds to expand the monetary supply may be easy, but as the Japanese discovered, this does not necessarily translate into rising prices — bank credit continued to contract throughout the 1990s. Monetary Base We have already w...