Friday 18 December 2015

Share Market Training: What Is It and How It Can Help

Share market trading has been popular for many decades now, although for many people this world has always been shrouded with mystery. Share trading offers great opportunities to people for earning money, but it has its own set of rules and those who wish to attain success in this field should know very well how things work in this field. It is for this reason that many people are now enrolling themselves in share market courses that allow them to understand the nitty gritties of this business.


In order to achieve success in share market trading, one has to know when to grab the right opportunity. Timing is very important in making sure that you reap the rewards. You should also make sure to study the market trends carefully so as to understand when the rates of certain stocks are going to go up or down. Studying the various aspects of stock trading is crucial to attain success in this business; you cannot simply depend on chance winning or luck. If your so-called luck runs out, you might be losing more money than you can think of at the present moment.

A share market training institute can offer you reliable guidance on how to invest smartly in stocks and how the whole stock market business works. When you are buying a stock, you are actually investing in a publicly traded unit or company. There are various strategies associated with share market trading, and a training institute can teach you how to work with them. You may also need to work with share market simulators and algorithms that will allow you to predict the stock market changes in a better way. Once you are formally trained by an institute such as these, you can have the confidence that you will require finding success in this field.

Tuesday 27 October 2015

Lupin Q2 net profit dips 35% to Rs 409 crore

Drug major Lupin on Tuesday posted a 35.11 per cent dip in its consolidated net profit at Rs 408.8 crore for the second quarter ended September 30, mainly on account of slowdown in product approvals in the US.
The company had posted a net profit of Rs 630 crore during the same period of the previous fiscal.
Net sales of the company, however, rose to Rs 3,178.3 crore during the second quarter compared with Rs 3,116.8 crore during the same period of previous fiscal, Lupin said in a statement.
"Slowdown in approvals in the US and a lack of material launches continued to dampen growth. We continue to invest in research and remain upbeat on the pace of approvals and launches to pick up by the fourth quarter," Lupin Ltd Managing Director Nilesh Gupta said.
The company's board, which met today, appointed Ramesh Swaminathan Chief Financial Officer as an additional director and Jean-Luc Belingard as an independent director of the company for a period of five years effective October 27, subject to shareholders approval.
The company said its US sales stood at $174 million during the second quarter as against USD 202 million in second quarter of the previous fiscal.
During the second quarter, its India formulations business grew by 9.4 per cent, recording sales of Rs 873.8 crore during the second quarter as against Rs 799 crore during the same period of 2014-15.
Lupin's Japanese business posted net sales of Rs 323.4 crore during the second quarter, as against Rs 345.9 crore in the same period of previous fiscal.
The company's South African subsidiary, Pharma Dynamics achieved sales of Rs 99.8 crore in second quarter compared with Rs 105.7 crore last year.

The Mumbai-based firm's active pharmaceutical ingredients (API) sales grew by 1.1 per cent to Rs 321.9 crore during the second quarter as against Rs 318.3 crore during the same period of 2014-15.

Indian Stock Market Tutorial

Friday 16 October 2015

Rupee trades lower against US dollar

Snapping its two-day winning streak, the rupee fell by 8 paise to 64.90 against the US dollar in early trade on Friday. The domestic currency had closed 21 paise higher at 64.82 against the greenback in the previous session on sustained dollar selling by banks and exporters.
The dollar index, which tracks the movement of the greenback against a basket of six major world currencies, stood at 94.51. While evidence is mounting that economic growth is cooling in the US, much of the slowdown appeared to be due to temporary factors, New York Fed President William Dudley said in a speech overnight.
Dudley said a strong dollar was also playing a role, but the economy still seemed to be growing at a healthy clip.
India Ratings expects the rupee to trade in the range of 64.50-66.25 against the US dollar for the remainder of 2015.
However, the readjustments carried out by foreign institutional investors in their portfolios towards the year-end and beginning of 2016 may cause some short-term volatility in the domestic currency, the rating agency said in a note.
"The key reasons for expecting stability in the rupee better macroeconomic fundamentals of the Indian economy among the emerging economies, comfortable balance of payment situation, postponement of policy normalisation by US Fed to December 2015 or maybe to 2016 and healthy capital inflow," Ind-Ra said.

The domestic foreign exchange data will be released during the day. In the US, data on factory output numbers scheduled for release later in the day will be tracked keenly. 

Monday 5 October 2015

IMPROVE YOUR TRADING SKILLS WITH APPROPRIATE SHARE MARKET TRAINING

Intraday trading is becoming very popular with many advantages and income opportunities that people get from. Although there are many types of trading available, the stock market intraday trading is proving to be the best choice for the full time and part time traders.
There is an Intraday trading Software available to make your trading activities simple and easy. However, knowing the best Intraday trading strategies is important to succeed and make a reasonable profit in the stock market.
Today’s fastest growing trendy world is changing the lifestyle of people, which pushes to the need of making more money, as the cost of living is increasing. Perhaps, many people are not able to make sufficient income, for which reason they are forced to find an additional source to make extra income. In this attribute, the intraday trading serves to be the most flexible and best choice.
HOW DO THE INTRADAY TRADING TRAINING COURSE BENEFITS?
·         It helps learning how to invest
·         Learn how to make your money become efficient to earn more
·         Identify how the market is moving and performing
·         Apply the rules and techniques according to the trading strategy for the day
·         Build a long-term security
There are many institutions providing Intraday training courses and personal coaching to the individual traders to trade in the stock market.
This Intraday trading class is also beneficial to the traders who already have enough knowledge about the market to gain more information and learn the Intraday trading techniques to perform much better and make more money.
SMART WAYS TO LEARN STOCK TRADING
New investors must take the initiative to learn the basics of stock market trading. There are multiple sources available for quality training; however, identifying the right one is imperative. The Intraday trading strategies used even decades ago can be implemented for current trading trend, however, they must be used at the right time.
HERE ARE SOME SMART WAYS TO LEARN STOCK TRADING:
·         Find the right and professional online stock broker to open your trading account
·         You must become familiar with the layout and take advantage of free trading tools
·         You can try virtual trading, which helps you play with money and learn simultaneously
·         Read trading books that have huge information about trading
·         Online resources will also provide you enough learning kits to improve your skill and knowledge about trading
·         Try to find a mentor, who can assist you throughout and give you smart tips to trade successfully in the stock market
·         Learn about greatest investors who are successful in stock trading. They could be your great inspiration and provide you many tips about how to become successful in Intraday trading
·         Read the market and follow the rules. Than just striving to enter the market to trade, you must also spend enough time to understand the market. It is also equally important to follow the rules of stock trading
·         Go for paid subscriptions giving you tips and ideas about the current market performance. Such tips can keep you informed about how the market is going to perform and how well can you achieve your goals

·         Attend many seminars to gain more knowledge about the trading techniques

Sunday 13 September 2015

How to become a long term investor

By Uma Shashikant
Whenever the equity markets crash, voices that call for the long-term view come back. There is an aura of nobility to longterm investing, and many like to belong to that club. But it is not an easy thing to do. Whatever is your view, if you find your investments losing value soon after you have invested, you cannot help regret the wrong timing.
Since no one knows what is the bottom, and since only luck can ensure you actually catch it, it is tough to invest in a falling market. So what does it take to be a longterm investor?
First, long-term investing is more about ability than willingness. You may have all the risk appetite that is needed, and the fearless attitude to take chances with the market. But if your financial position is such that you have to dip into the money you invested, even before it can begin to perform, it is tough to be long-term oriented.
It is important that you have a regular and sufficient income; are able to save consistently, indicating that you do not need all of the income you make; and have enough assets to back you up if this round of investments turn bad. You may like to take a long-term view, but you won't be able to do it if your finances are shaky. Identify that portion of your income that you can actually invest and forget about for the long-term. Be honest about that decision.
Second, long-term investing is an attitude and a tough one to develop. Many of us who have children like the notion that "they will all be fine in the end," but we do doubt that conviction quite often. We cannot magically become someone else when it comes to money. If we tend to be secretive, suspicious, control-oriented and performancedriven, failure of our investments will keep us anxious.
Even if we are otherwise positive and optimistic, we will hate our inability to do anything when the market crashes and erodes the value of what we have. We may dislike ourselves for the choices we made. We may allow the regret of the loss to eat into our confidence. We need to truly believe in positive long-term outcomes and not be eager to meddle too much, so we do not fix what has not gone wrong.
Third, long-term investing requires a value orientation. The dominant story in the Indian equity markets is about small businesses that grow big and become multi-baggers. In an economy like ours there is always the opportunity to solve a new problem, and do well enough so that a large amount of wealth is created for promoters and investors.
Therefore, investing in growth stocks that show spectacular potential, even if at higher prices, is a very preferred route to investing. Fund managers are lauded for such "finds" that become big winners. It is also the case that we love the run up in price of stocks, which makes momentum investing a favourite. In all this noise of winners, the good stocks that do well over the long-term are not big heroes. Long-term investing needs a strong belief in value.
Fourth, selection is a key process in longterm investing. It is not uncommon for investors to pick up something for a quick buck, and then console themselves that over the long-term things would get better. IPO investors, who began with a very shortterm view of selling off on listing, typically end up holding the stock when it fails to list at a premium. I know of some investors who are still in deep losses, in fond hope of recovery.
If you are holding junk, it is unlikely to become gold only because you gave it time. What you hold has to be good, and you need to consistently check that it remains good enough to hold on to. If you can select good stocks, excellent; if not, you should be able to throw out what is not working. To assume that long-term investing is about picking up a few stocks and keeping them forever, is a mistaken notion. No one is entitled to riches by simply sitting around!
Fifth, the long-term tests the best of notions. In the 1980s, banking was dominated by the public sector. No one expected the private sector to have any role in a sensitive sector like banking. The task of taking on the public sector seemed too tough. Thirty years later, the top performing banks are all in the private sector. No one could have seen it coming.
The best names of the 1980s such as Century Textiles, Hindustan Motors, GE Shipping and ACC are not the leaders or winners today. To be a long-term investor, you need the humility to build a portfolio of stocks with the understanding that some of your stories will not play out. Blind bravado is the trait of an entrepreneur who invests in one stock, and slogs to make it big. Investors, who take the easy route of just putting in the money, need a portfolio to hedge.
Sixth, stories about how the indices moved up dramatically over the years guise an important fact. The stocks in the index have been replaced to ensure that only winners remained. In real-life investing, some of the stocks you own will lose money, and you would not replace them in fond hope of a revival.
The more losers you hold, the worse your performance. If you do not have the ability to accept your mistakes and take corrective action, you can be a long-term investor, but your portfolio may not do too well. It is not easy to select a set of stocks, review them regularly, and take calls on what is not working.

Mutual funds are the best bet for a simple long-term investor, since the fund managers do all this for you. Investing into a diversified equity fund, which has a mix of large and mid-cap equities, across sectors, is a good route to long-term investing. Ensuring that a small amount that you do not need immediately goes into such funds need no market timing. How much of your money will be allocated for the long-term in a personal decision, that critically depends on your income, your assets, your .. 

Monday 7 September 2015

What are Commodity Future Markets?

About Stock Market Analysis | Dhanashri Academy

Stock Market Investing Tips - 6 Top Tips in Stock Trading

If you have what it takes to be a good trader, you may be thinking about investing in the stock market to make more money. With the right attitude and good background on stock market investing tips, you can indeed make a lucrative business out of stock trading.
However, it is important to note that like any other businesses, it involves risks, but unlike other businesses, it involves high risks that can make you lose your huge money in no time, thus it is indeed important that you have assessed yourself as well as your preparedness before putting your money at risk. Although there are no clear-cut formula to get the best profits in stock trading, you can work on some strategies and tips to help you minimize losses with your investment. Below are a few of them.
1. Do your homework and do your research. Knowledge on the stock market and how it runs is important in trading. Of course, you cannot just put your money at risk in something that you do not know much. Also learn a few stock market investing tips and strategies from experts as well.
2. Assess if you have what it takes to be a successful trader. Stock trading is not for everyone, thus help yourself by checking your strengths and weaknesses and assessing your appetite for risk. Check out if you are also comfortable working in an environment full of uncertainties.
3. Know the stock market. The stock market is a risky one and you have to learn how to make wise trading decisions. You can do this by learning technical and fundamental analysis that can help you make good predictions on the movement of the prices of stocks. Of course, you may find it easy to buy stocks but you have to make sure you know when to sell them, which is more challenging than the buying. If the stock market is too vague for you, or if you are a beginner, take a crash course on stock market investing. Learn the basics as well as some techniques and strategies that will allow you to learn how to make wise trading decisions.
4. Buy stocks that you know and know the risks involved. Indeed, it helps a lot to buy stocks that you are familiar with. This will give you more confidence in trading if you know where you are putting your money into. Another one of the stock market investing tips that you can keep in mind is to choose stocks that you can hold on to for years.
5. Avoid putting all your money in one basket. Do not put to risk all of your money today thinking you can be rich in no time. Think of long-term investment. Also consider diversifying. Buy stocks in different companies and different industries. This can help maximize your profits as well.

6. Have control with your emotions. Emotions indeed, are crucial in trading as it can hinder you to make wise decisions and may lead you to sway from your trading strategy. Take control of your greed and make sure you know how to accept losses. Fear and worries can also be factors that will hinder you to make better decisions when trading, thus make sure you also have to take total control over your fears and worries.

Wednesday 2 September 2015

Dhanashri Academy - Invest Safely With Technical Analysis

Invest Safely With Technical Analysis
You can invest safely and reap profits by using technical analysis such as relative strength momentum. Using this approach to make investment decisions helps to eliminate human emotion from the process and produce better results.
When we let our emotions get involved in financial matters we risk delaying or even making the wrong decision. Just because we love Disney World is not in itself a good reason to buy Disney stock just like having a friend in Brazil isn't a good reason to buy the Brazil ETF. And if we already own these we can be tempted to hold on even when they go down because of our emotional attachment while our brain says sell, sell, sell.
Technical analysis helps to make picking what to buy and when to sell easier. In fact using an investment software program based on technical analysis can make the entire buy - sell process not only easier but more efficient.
The challenges with technical analysis are:
·         What means of analysis to use
·         Just technical charts
·         Setting the analysis rules
Just saying technical analysis doesn't explain the options. There are dozens if not more, means of analysis. Picking the right means can be a challenge. In his book, Smarter Investing in Any Economy, (temporarily out of print) Michael J. Carr heartily recommends some form of relative strength momentum after years of analysis and testing.
There are a variety of formulas and different types of relative strength analysis. Carr examines a number and explains their benefits and downfalls while ending up recommending:
Relative strength momentum
Alpha
There are other types of technical analysis, and any of these can seem daunting if you're not a math wizard or CMT (certified market analyst) like Carr. However a good investment software program that is designed to just implement these types of analysis makes it unnecessary for anyone to know the math behind the formulas; especially if the program allows for back testing so you can easily see potential results.
Some of the other means of analysis include:
·         Return
·         Relative Strength Index
·         Price Oscillation
·         Moving Average
·         Stochastic
·         Momentum

·         Rate of Change

Dhanashri Academy - Technical Analysis

Technical Analysis in Stock Market Trading
The methods used to analyze securities (stocks) and make investment decisions are vast, but tend to fall into one of two categories known as fundamental analysis and technical analysis. Fundamental analysis involves researching and evaluating the characteristics of the company including the evaluation of company financial statements in order to approximate the value of a company. Technical analysis, on the other hand, pays no attention to the value of a stock and cares more about price movements based on general market psychology and historical trends.
There are numerous charting indicators available and over time I will attempt to discuss and educate our readers on these types of indicators and how to read them for important data. However, for the scope of today's article, I simply wanted to introduce our readers to the basics of technical analysis and how it can be helpful when completing due diligence on investment or trading opportunities. If you understand the benefits and limitations of technical analysis, it can give you a new set of tools or skills that will enable you to be a better trader or investor.
Technical analysis can be defined as a method of evaluating future security prices and market directions based on statistical analysis of variables such as trading volume, price changes, trends, patterns, and formations in charts. These formations within the charts are, as believed by technical analysts, said to be in large part dictated by the psychological makeup of the market.
Through the use of charting, analysts attempt to explain the supply and demand of a security and help in determining the emotions of those in the market. Technical analysis is based on the basic theory that the price of a stock reflects everything that could or has affected a stock. Therefore, fundamental factors as well as economic factors like the overall psychology of the market are all priced into the stock, which leaves only the analysis of supply and demand in predicting the price movement of the forecasted stock.

Analysts believe that future prices are dictated by previously established trends, attributing the repetitive nature of these trends to the basic makeup of the markets psychology. They believe that market participants tend to react in common ways to events within the market, therefore through the use of technical charting, patterns can be used to analyze price movements and understand these trends.

Saturday 15 August 2015

Bank accounts now with 70 crore Indians: Modi

New Delhi: Prime Minister Narendra Modi on Saturday said some 70 crore people untouched by any form of financial inclusion on Saturday had bank accounts, thanks to the scheme he announced exactly a year ago.
Addressing the nation on India`s 69th Independence Day, the prime minister said these bank accounts have also fetched deposits of Rs.20,000 crore, even though the Jan Dhan scheme calls for zero balance banks so that the poor are not deprived of access to the baking system.
"For the poor, the doors of banks were closed. I said this has to change. We wanted to strengthen financial inclusion," the prime minister said. "Bank accounts are essential for integrating the poor into the financial system. That`s what we have done."
As regards the deposits of Rs.20,000 crore in these bank accounts, the prime minister said: "If this richness of the poor was not there, such a feat would no have been possible."

Modi said no person wants to remain poor and those who live in poverty want to move away to achieved a better quality of life. "That is why, all our programmes must be for the poor."

Monday 3 August 2015

Maruti Suzuki Gains 3% on Strong July Sales

Maruti Suzuki shares gained as much as 3 per cent to intraday high of Rs 4,438 on Monday after the carmaker reported strong sales for the month of July.
 Maruti Suzuki, India's largest car maker, reported a 20.1 per cent annual growth in its July sales at 1,21,712 units, supported by strong domestic sales.
 Domestic brokerages Angel Broking and Nirmal Bang Securities in a note to clients today said that Maruti's July sales were better than their expectations.
 Maruti Suzuki's domestic sales increased 22.5 per cent in July, while its exports remained flat at 11,307 units.
 For the fiscal till July 31, 2016, Maruti's total sales stands at 4.63 lakh units, which is 21 per cent higher than the 4.01 lakh units sales reported in the game period last fiscal.
 Maruti shares have witnessed huge run-up in last three months on the back of its improving sales. Its shares have rallied around 18 per cent in last three months against 3 per cent gain in the broader Nifty.
 Maruti Suzuki had also reported strong earnings growth for the June quarter. Its net profit increased 57 per cent annually to Rs 1,193 crore on the back of strong sales, lower cost and favourable forex rates. Analysts believe Maruti is likely to continue to report strong numbers for the quarters ahead.

 Maruti Suzuki shares closed 2.29 per cent higher at Rs 4,429.60 apiece, outperforming the broader Nifty, which ended 0.12 per cent higher.

Sunday 19 July 2015

Global Prices of Gold, Platinum Fall to Lowest in Over 5 Years

Gold plunged 4 per cent to its lowest in more than five years on Monday with platinum also sinking 5 per cent to its weakest since 2009 as investors sold the precious metals on the outlook for the US dollar.
It was a sudden, massive drop for gold and platinum prices as they breached critical support levels as the dollar strengthened on growing expectations that the US Federal Reserve will hike interest rates this year.
"It looks like someone was taking advantage of the low liquidity environment at the moment. It's a bit of speculative selling going on," said Victor Thianpiriya, analyst at ANZ Bank in Singapore.
Nearly 900,000 lots were traded on a key contract on the Shanghai Gold Exchange, compared to less than 27,000 lots on Friday, Reuters data showed. Prior to Monday, volume for July had averaged less than 30,000 lots.
"The market looks very technically weak and the biggest buyer of all, China, is now selling gold as opposed to buying it on price dips. That's a recipe for weaker prices," said Thianpiriya.
China said on Friday its gold reserves were up 57 per cent at the end of June from the last time it adjusted its reserve figures more than six years ago. Despite the tonnage increase, gold now accounts for 1.65 percent of China's total forex reserves, against 1.8 percent in June 2009.
Spot gold was down 2.4 per cent at $1,106.90 an ounce by 0302 GMT after falling as far as $1,088.05, its lowest since March 2010.

Gold has breached key support levels as the dollar gained after Federal Reserve Chair Janet Yellen told Congress last week that the Fed is on course to raise interest rates if the US economy expands as expected.

Tuesday 7 July 2015

Euro down 0.8 per cent

Euro down 0.8 per cent; commodity currencies at multi-year lows
The euro fell nearly 1 percent against a buoyant dollar on Tuesday, as German 10-year Bund yields edged lower and interest rate differentials moved against the common currency.
The dip in Bund yields and the euro came after the European Central Bank left emergency liquidity for Greek banks at current levels but increased the haircuts on the collateral it demands. That kept alive fears Greek banks will soon run out of cash and that Greece's problems will spread to other Southern Europea ..
Traders said the next 24 hours could be crucial. Euro-area leaders and finance ministers are meeting in Brussels to discuss Greece and a lack of progress could put pressure on the euro.
European Commission President Jean-Claude Juncker told the European Parliament on Tuesday Greece's government must come forward with proposals to resolve its debt crisis. He said he still opposed calls for Greece to be forced out of the euro.
Since Athens missed a debt payment to its creditors and Greek voters rejected tough conditions for further bailouts, the euro has retreated from its mid-June highs of $1.14, but there has been no panic selling. One reason is expectations the ECB will take action, including more quantitative easing, to stabilise the market.
Against the dollar, the euro was down 0.9 per cent at $1.09605, a one-week low, with a drop below $1.0955 set to take it to its lowest in more than a month. The dollar index rose 0.7 per cent to 96.903, a one-month high.
"It is a drift lower for the euro," said Jeremy Stretch, head of currency strategy at CIBC World Markets. "The markets are reasonably relaxed at this stage because they believe the ECB will step in to take action to contain any contagion, should Greece step out of the union."
Despite the euro's resilience, Greece's future in the euro zone and its fiscal woes cloud the currency's long-term prospects, analysts said.
Meanwhile, commodity currencies fell sharply, with the Australian dollar hitting a six-year low as Chinese stock markets went into a tailspin while oil-rich Norway's crown struck a six-month low after a sell-off in crude oil.
The Australian dollar, which is a proxy for Chinese investments, fell 0.9 percent to $0.7425, with a drop in iron ore prices also weighing, traders said. The New Zealand dollar also hit a five-year low of $0.6620.
The Norwegian crown fell 0.7 per cent against the euro to 8.9964 crowns, its weakest since mid-January. The Canadian dollar, which also has a strong correlation to oil, hit a three-month low of C$1.2708 against its US counterpart .
"The drop in crude oil over the past week has materially weighed on the Canadian dollar," ING analysts said in a note.

"The domestic outlook has also failed to lend support; the soft GDP print and disappointing second-quarter business outlook figures have increased the pressure on the Bank of Canada." 

Monday 6 July 2015

Gold inches up on jewellers buying, global cues

Gold prices advanced by Rs 20 to Rs 26,570 per ten grams at the bullion market on Monday on increased buying by jewellers amid a firm global trend. Silver, however, met with resistance and fell by Rs 200 to Rs 36,000 per kg.
Traders said pickup in buying by jewellers and a firm global trend on safe-haven demand after Greek voters have rejected more austerity demands from creditors, influenced gold prices.


Gold in Singapore, which normally sets price trend at the domestic front, surged 0.6 per cent to $1,175.45 an ounce. In the national capital, gold of 99.9 and 99.5 per cent purity advanced by Rs 20 each to Rs 26,570 and Rs 26,420 per ten grams, respectively. It had gained Rs 50 on Saturday. Sovereign, however, continued to be traded at last level of Rs 23,300 per piece of eight gram.

On the other hand, silver ready declined by Rs 200 to Rs 36,000 per kg, while weekly-based delivery moved up by Rs 270 to Rs 35,950 on speculators buying. Silver coins, however, remained flat at Rs 54,000 for buying and Rs 55,000 for selling of 100 pieces.

Tuesday 16 June 2015

HPCL, BPCL, IOC rise 1-2% on petrol price hike by 64p/lit

Shares of  Hindustan Petroleum Corp (HPCL),  Bharat Petroleum Corp (BPCL) and  IOC rise around 1-2 percent in early trade on Tuesday as petrol price was today hiked by 64 paise a litre. Diesel price was cut by Rs 1.35 per litre in line with trend in global oil rates. This is the third increase in petrol price since May.
However, in case of diesel, the reduction has halted two consecutive increases during last month. On June 1, companies skipped raising rates by 30-40 paise that had become necessary due to rise in international rates.
"Since last price change, there has been an increase in international prices of petrol while international prices of diesel have shown a downward trend. Indian rupee-US dollar exchange rate has depre
ciated during this period. Combined impact of these factors warrant an upward revision in prices of petrol and a downward revision in prices of diesel, the impact of which is being passed on to the consumers with this price change," IOC said in a statement.
The three hikes in petrol rates have wiped away more than one-third of the gains that had accrued to consumers when global rates began to fall in August. In case of diesel, the reduction has partly restored the gains taken away in May.
State-owned fuel retailers IOC, BPCL and HPCL revise petrol and diesel prices on 1 and 16 of every month based on average imported cost and rupee-dollar exchange rate in the previous fortnight.

At 09:26 hrs HPCL was  at Rs 700.90, up Rs 8.00, or 1.15 percent, BPCL was at Rs 838.50, up Rs 4.65, or 0.56 percent and IOC was at Rs 355.85, up Rs 2.80, or 0.79 percent on the BSE. 

Tuesday 9 June 2015

Raghuram Rajan Takes the Fight to Loan Defaulters: 10 Facts

Reserve Bank of India chief Raghuram Rajan has given banks more teeth to banks in their fight against loan defaulters. The central bank on Monday announced new guidelines for recovery of bad loans.
Here is a 10-Point Cheat-Sheet
1) The Reserve Bank of India (RBI) has allowed banks to take control of a defaulting company if a debt restructuring fails and change the management of the company.
2) Under the new rules, banks can convert their debt into equity in case of failure of restructuring plan.
3) Banks under joint lenders forum can become majority owner in the defaulting company by holding 51 per cent or more stake.
4) "As a policy direction, it is a good move. It instills a sense of fear of compliance in the borrowers and the stake for him to perform responsibly increases," says Diwakar Gupta, for MD and CFO of State Bank of India.
5) For the new norms to be applicable, banks need insert a clause mentioning whether the loan can be converted into equity in favour of the lenders, if the borrower fails to achieve certain targets.
6) The central bank, under governor Raghuram Rajan, has taken many steps to empower lenders recover money from defaulters. Dr Rajan described wilful defaulters as "freeloaders" who needed to be chastised for not honouring their debt commitments.
7) The RBI said that the lenders should divest their holdings in the equity of the company as soon as possible. And the 'new promoter' should not be a person/entity from the existing promoter/promoter group.
8) The new promoters should acquire at least 51 per cent of the paid up equity capital of the borrower company. If the new promoter is a non-resident, and in sectors where the ceiling on foreign investment is less than 51 per cent, the new promoter should own at least 26 per cent of the paid up equity capital or up to applicable foreign investment limit, whichever is higher, the RBI said.
9) Lenders who acquire shares of a listed company under a restructuring will be exempted from making an open offer, the RBI said.

10) Indian banks are struggling under high levels of bad assets. The gross non-performing assets (NPA) is expected to rise to Rs 4 lakh crore in this current fiscal, credit rating firm Crisil recently said.

Wednesday 3 June 2015

Sensex, Nifty, Midcap weak; Axis Bank, Infosys, Wipro gain

The market remained marginally under pressure due to selling in FMCG, metals and power stocks. Private sector lender ICICI Bank topped the selling list on Sensex, down 2.4 percent.
The 30-share BSE Sensex fell 44.14 points to 26793.06 and the 50-share NSE Nifty declined 13.60 points to 8121.50. The BSE Midcap and Smallcap indices slipped around 0.4 percent each.
About 742 shares have advanced, 942 shares declined, and 111 shares are unchanged on the Bombay Stock Exchange.
Commercial vehicle maker Tata Motors extended its losses, down nearly 2 percent followed by further weakness in ITC, Sun Pharma, ONGC, HUL, Hero Motocorp, Hindalco, Vedanta, Tata Steel and NTPC with loss of 0.8-2 percent.
However, Infosys gained 1 percent. Angel Broking said reports suggested that Infosys is said to be confident of beating Nasscom's guidance for FY2016 (which is expected to be USD Y-o-Y growth of 12-14 percent) on back of improved percentage of deals won in the last 10-12 weeks. The brokerage has maintained its buy rating with a price target of Rs 2,630.

Axis Bank rose 1 percent too after RBI said FIIs can invest in bank as shareholding is below threshold limit. Wipro was up 1 percent. 

Nestle India slips over 6% after Delhi govt, Indian Army ban Maggi

Nestle India Ltd slipped as much as 6.3 per cent in trade on Thursday, after the Delhi government imposed a 15-day ban on Nestle's Maggi noodles even as other state governments await test results.
Shares of Nestle India plunged 9 per cent on the Bombay Stock Exchange on Wednesday, its biggest drop in a day in nine years. The stock has plunged over 14 per cent in the month of June, and nearly 7 per cent so far in the calendar year 2015.
Nestle India hit a low of Rs 5800.10 and a high of Rs 5960 in trade today on BSE.
The Indian Army, meanwhile, advised its soldiers to avoid the stuff if they could. In a separate report, Nestle India has courted fresh trouble after a preliminary test by a Tamil Nadu agency of a sample of their milk powder allegedly found live larvae in it.

The Drug Administration Department (food safety wing) tested the NAN PRO3 milk powder, bought by a cab driver and the initial report by one of its food analysts found live larvae in the sample, PTI reported.

Friday 22 May 2015

Modi government aims to improve public perception

In what seems to be an attempt at improving public perception, all Union ministries and departments have been instructed to focus on issues affecting the "masses at large in their day-to-day affairs" amidst media reports that much of the euphoria around Modi government has started to dissipate.
In a meeting of secretaries held on May 15, just days ahead of the government's one-year anniversary, the Cabinet Secretariat identified broad areas, services and sectors which warrant immedi ..
Illustrating the logic behind the latest directive, a circular issued by the Cabinet Secretariat states: "Rule of law needs not only be followed but should also be perceived to be priority of the government. The government may take ministry/department against identified areas across regions service, sectors, especially in spheres which impact the masses."
"The idea is to produce immediate tangible results of minimum government, maximum governance for the people. The impact is greater wh ..
According to sources, the circular, a copy of which is with ET, carries an "illustrative list of action points". "Each ministry is now expected to identify more actionable areas and also send back a time bound action plan for the areas," said another government official, who did not wish to be identified.
Focus on masses focus areas for government enlisted by cabinet secretariat
1. Clear pending vigilance cases
2. Clear all cases pending for sanction of prosecution
3. Complete all pending disciplinary cases
4. Dispose of pending licence application in offices of public interface in time bound manner

5. Prompt action in places prone to crime a .. 

Thursday 14 May 2015

Knowledge About BSE and NSE


Share Market Knowledge About BSE and NSE by Nimish Shah

Fundamental of Stock Market Analysis


Fundamental of Stock Market Analysis by Nimish Shah

Get Best Tips For Share Market and Stock Market


Get Best Tips For Share Market and Stock Market by Nimish Shah

Wednesday 13 May 2015

DBS seeks RBI nod to set up local subsidiary

The Singaporean lender DBS on Tuesday became the first foreign bank to seek the Reserve Bank's permission to set up a local subsidiary.
"We have applied for Reserve Bank permission to bring our branches under a locally registered subsidiary," DBS group chief executive and managing director Piyush Gupta said here.
Last year, RBI had made it mandatory for all foreign lenders with over 20 branches to gradually go the wholly-owned subsidiary route, and those coming after August last year to do so immediately.
Since the new rules were issued, only Doha Bank entered the country last month and the existing rule applies only to three overseas lenders like StanChart, HSBC and Citi, which have over 50 branches each now.
At present DBS has 12 branches.

The central bank has been goading overseas lenders to adopt the subsidiarisation route as it believes that such a model can give it better control over them, as in the branch model, anything happening to the parent can also cripple the system back here.

Nifty hovers around 8250, Sensex strong

Bharat Iyer of JP Morgan believes India hasn’t lost its star status permanently and FII money is just being rotated into other countries. Iyer’s views come on the back of brokerage house HSBC downgrading India over poor earnings growth and little room for rate cuts. In an interview to CNBC-TV18, Iyer says the equity market may correct further from its current levels but caps the fall to 5 percent. Iyer believes the central bank Reserve Bank of India (RBI) can cut policy rate one more time this year.
The market continues to gain strength bit by bit. The Sensex is up 374.17 points or 1.4 percent at 27251.65 and the Nifty is  up 112.35 points or 1.4 percent at 8239.30. About 1223 shares have advanced, 393 shares declined, and 106 shares are unchanged.
GAIl, M&M, HDFC, SBI and Hero are top gainers in the Sensex. Among the losers are Hindalco, NTPC and Vedanta.
Oil prices extended gains in Asia on a weaker dollar and amid expectations the latest US crude-oil inventories report will show a decline, easing a global supply glut, analysts said.
US benchmark West Texas Intermediate (WTI) for June delivery gained 46 cents to USD 61.21 while Brent crude for June rose 20 cents to USD 67.06 in mid-morning trade. WTI surged USD 1.50 in New York while Brent closed up USD 1.95 in London, gaining support from a weaker US dollar.

The greenback bought 119.78 yen in Asia today, down from 119.90 in New York on Tuesday and 120.11 on Monday. A weaker greenback makes dollar-priced oil cheaper for buyers using weaker currencies, boosting demand and pushing global prices higher. 

Monday 11 May 2015

Advice for Financial Planning for the Beginners


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Financial Planning Process


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Thursday 7 May 2015

Sensex ends 118 points down; time to buy into fear?

After falling over 700 points in the previous session, the S&P BSE Sensex extended its fall and closed 118 points lower on Thursday. Notably, the index has lost over 11% or 3,300 points from its life-time high of 30,024.74 in early March this year.
The BSE Sensex fell for the third straight session, closing at its lowest level in near 6-1/2 months on continued selling by foreign investors. The Sensex closed at its lowest level since October 21, 2014, while the NSE index finished at ..
The S&P BSE Sensex closed down 0.44 per cent at 26,599.11, while the broader Nifty fell 0.49 per cent to 8,057.30.
Well, experts across Dalal Street are of the view that the benchmark indices can correct anywhere between 4 and 5 per cent before finding a bottom, and this weakness should be used by traders to go short on the market.
Well, at a time when the Indian markets are falling as if there is no tomorrow, investors should not  ..
Warren Buffett once said, "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
Well, now is the time. The Indian markets are trading below their peak valuation and most of the quality stocks have corrected quite a bit from their record highs.
The short-term weakness in the stock market is likely to remain, but that should not deter investors from picking stocks on every decline, say experts. The benchmark index could fall by ano ..
"The weakness in the market could continue for some more time with the possibility of the Sensex correcting by another 500-700 points, considering the absence of immediate positive triggers," says Hitesh Agarwal, Head Research at Reliance Securities.
"Nonetheless, the ongoing correction provides an opportunity for investors to accumulate stocks of companies whose business models are well-geared to face the macro challenges and dish out respectable growth," he adds.
Agarwal is of the view that this is not the time to panic, especially if the stocks in your portfolio are of good pedigree.

One of the most important factors troubling the markets is the muted earnings growth showed by India Inc for the quarter ended March 31. But analysts expect earnings growth to bounce back from 2016. 

Wednesday 29 April 2015

Complete Introduction about Dow Jones


Complte Introduction about Dow Jones by Nimish Shah

About Dow Jones


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Monday 27 April 2015

Does and Don’t in Commodity Market


Does and Don’t in Commodity Market by Nimish Shah

Commodity Trading Tips and Guideline


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Saturday 25 April 2015

NASDAQ Definition

Nasdaq officially separated from the NASD and began to operate as a national securities exchange in 2006. In 2007, it combined with the Scandinavian exchange group OMX to become the Nasdaq OMX group, which is the largest exchange company globally, powering 1 in 10 of the world’s securities transactions. Headquartered in New York, Nasdaq OMX operates 26 markets – primarily equities, and also including options, fixed income, derivatives and commodities – as well as three clearinghouses and five central securities depositories in the U.S. and Europe. Its cutting-edge trading technology is used by 70 exchanges in 50 countries. It is listed on the Nasdaq under the symbol NDAQ and has been part of the S&P 500 since 2008.
The Nasdaq computerized trading system was initially devised as an alternative to the inefficient “specialist” system, which had been the prevalent model for almost a century. The rapid evolution of technology has made the Nasdaq’s electronic trading model the standard for markets worldwide.


As a leader in trading technology from the outset, it was only fitting that the world’s technology giants chose to list on the Nasdaq in their early days. As the technology sector grew in prominence in the 1980s and 1990s, the Nasdaq became the most widely followed proxy for this sector. The technology and dot-com boom and bust of the late 1990s is exemplified by the rise and fall of the Nasdaq Composite during this period. The index crossed the 1,000 mark for the first time in July 1995, soared in the following years and peaked at over 4,500 in March 2000, before slumping almost 80% by October 2002 in the subsequent correction.