Market Mantra: The key benchmark indices edged lower on the last day of the financial year 2010, extending losses for the second straight day as Asian stocks and US index futures fell. Nevertheless, the market logged huge gains in the year ended March 2010 (FY 2010). The BSE 30-share Sensex fell 62.40 points or 0.35%, off close to 170 points from the day's high and up close to 40 points from the day's low. The Sensex rose 62.96 points or 0.36% in the quarter ended March 2010, gaining for the fifth quarter in a row. The barometer index vaulted 7,819.27 points or 80.5% in FY 2010. In today's trade, FMCG and IT stocks fell. Index heavyweight Reliance Industries (RIL), too, edged lower. But the market breadth, indicating the overall health of the market was positive. The market was volatile on the last day of the fourth quarter and the financial year. Stocks surged in early trade, shrugging off weak Asian stocks. The market pared gains in morning trade. Stocks slipped in...
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Stock mkt gives investors 80% return in FY'10; best in 5 yrs NEW DELHI: Investors have reaped a five- year best return of over 80 per cent from the stock markets in fiscal 2009-10, when judged by the performance of the BSE benchmark index Sensex. Analysts, however, said that the momentum could be slowed in the coming fiscal as investors are expecting a lot from the market now, which may not come in until there is a correction. The bulls were back with a bang in fiscal FY'10, offsetting the losses incurred by investors in the previous financial year. The returns from investments in this fiscal have soared to 80.5 per cent. The Bombay Stock Exchange benchmark Sensex settled at 17,527.77 points on March 31, 2010, from 9,708.5 points at the end of March 31, 2009. The Sensex had jumped to its two-year high level of 17,793 points on March 29 driven by strengthening of the rupee against the US dollar. During FY'09, the 30-share index had plunged to 9,708.50 points f...
Very Important Announcement: Instant Forex: Please note that those who have put their names as Naveen1, Naveen2, Praful1, Praful2, etc, to open multiple accounts in Instant Forex Schemes (www.instantforex.biz) are requested to change their names of their accounts to the names which they have put in Bank. Which means they should put those names which are there in the Bank Pass Book. This is because if the company returns the original money of Rs.17100 for each ID, after 18 months, then they would get difficulty to encash them. Or their cheques could not be en-cashed, because of faulty names. Therefore, those who have these kinds of names are requested to open their Instant Forex accounts with ID and Password provided to them and change their names to the names they put in Banks, by 8 am tomorrow, morning, failing which their original money could get lost for ever, This is an urgent mail and is directed to all the Instant Forex Account holde...
Winning Strokes: Think different: Rane Brake Linings Ltd, the Sunday Report recommended scrip is moving up. The stock already touched Rs.119.8 in the opening trade. A report on the company will soon be placed at: www.sumanspeaksplus.blogspot.com . Refex Refrigerants Ltd has almost freeded its pledged shares. The company recently got some orders from Rajasthan government regarding its Wind Mill project. Ennore Coke Ltd recommended around Rs.13--17 is now trading at Rs.68. The stock has already reached all its short and medium term targets. Expo Gas containers Ltd recommended around Rs.7-8, is up today also. The stock was last traded around Rs.16.
Demand for housing gaining ground Demand for housing is picking up at all price levels, and is almost back to pre-slowdown levels, if realtors’ sales figures in the first few months of this year are anything to go by. Projects are being sold within days of launch. Earlier this week, Emaar MGF sold 650 flats, priced Rs 48-80 lakhs, in its Palm Hills project in Gurgaon within a day of its launch. “This is incredible.... to sell 650 flats in a day,” said a senior company official on the condition of anonymity. Last month, the country’s largest real estate developer, DLF, announced that they sold out 1,200 units of independent floors, priced Rs 30-60 lakhs, in its Panchkula Valley housing project near Chandigarh within a week of launch. “The demand for housing segment is definitely picking up, and we are witnessing record sales in properties which are well located and priced well. This is primarily because of the economic recovery. Residential is the first segment which witnesses g...
WINNING STROKES: THINK DIFFERENT: Expo Gas Container Ltd today moved up to Rs.15.25 before cooling down a bit. The stock was recommended some months back around Rs.7-8. My recommended Ferro Alloys Ltd hit the buyer freeze. The stock made 52-week high today. The company has mines and could further move up due to NMDC issue. Now what to do with Northgate Technologies Ltd and Sanguine Media Services Ltd...? Should we hold or exit? This portion is for the Paid Groups. The key benchmark indices recovered from the day's lows and closed flat after moving between the positive and negative terrain throughout the day. Higher European stocks helped a late recovery on the domestic bourses. But the market ended off the day's high as strong industrial production data for January 2010 reinforced expectations of a rate hike by the Reserve Bank of India. The Sensex and Nifty today struck their highest level in a month and a half. The BSE 30-share Sensex was down 1.34 points or 0.01%...
Women's Reservation Bill: a mockery of democracy and legitimization of inefficiency: Sushma Swaraj should resign from the party post (in BJP) if she continues to create an unnecessary Gender Divide and misguide the masses...What has happened to this Lady? Ms.Brinda Karat, the cantankerous women should not think that Politics is her father's property. What has she done for men and women in all her years, except criticising everyone??!! Has Govt put Women's Bill on backburner after dissent in BJP? A well known and widely respected BJP MP from Gorakhpur Yogi Adityanath, openly voiced opposition to the legislation. Mr. Adityanath said that the women's reservation bill was needless. "It is needless. We are against any reservation. Everybody should come to (parliament) on his/her ability," he said, adding that the BJP leadership had fallen into a trap of the Congress-led government. "There are other more important issues to be discussed. People are suff...
WOMEN'S RESERVATION BILL-- A SHAM: Murder of Democracy and Creation of Gender Divide: Arun Jaitley and Sushma Swaraj should resign: Sonia Maino Ghandi (not Gandhi) should stop manipulating the media, using her money power: AFTER commiting the "HISTORIC BLUNDER" LOOK WHAT THOSE TWO PARTIES: THE BJP AND THE CONGRESS ARE SAYING now--please go through the news given below from http://www.sify.com/..... And yes after this "Shameful event" and murder of democracy let them now start Women's Reservation in all fields, why ONLY politics....Create an Unnecessary Gender War, manufacture worthless leaders (Like happening in Panchayats and Municipalities due to earlier blunder) and Destroy this great country..... If Arun Jaitley and Sushma Swaraj supports a bill brought in by a 5th Class Passed Italian Lady what can I say?? There is an old adage, "Vinas Kale Viprit Buddhi" (When the end is near you lose your senses)--this is what happened to Arun Jaitley...
REFEX REFRIGERANTS LTD. (Scrip Code : 532884) It is to be noted that after going through the shareholding pattern of the company (Refex) for the quarter ending December, 2009, I noticed that two very great entities are holding good amounts of the shares of the company. 1. Television Eighteen India Ltd (CNBC Group) -->275,000--> 1.78% of the shares... 2. Bennet Coleman & Company Ltd (The Times of India Group)-->400,000-- 2.58% of the shares. Soon you would find a major change in the shareholding pattern.....................
WINNING STROKES: THINK DIFFERENT: Rajya Sabha passes a "Shame Bill" called "Women's Reservation Bill", which seeks to reserve a third of the seats in the Parliament and State Legislatures for women and is expected to create "Gender Divide". MOST OF THE INDIAN MEDIA ONCE AGAIN DEMONSTRATED THAT THEY ARE A BUNCH OF MAFIAS OUT THERE FOR PROSTITUTION. TIMES NOW, NDTV LTD, CNN IBN.....SHOULD STOP PROSTITUTION TO EARN THEIR LIVING. I wonder whether people of India needs governance or they need further reservation. Is it for these kinds of "Nonsense" that we are fighting for our motherland? Now due a dearth of a suitable candidate a "Bullshit" lady can also enter the Parliament due this nonsense. Now women already have 33% reservation and another 67% is open...Wow!! There should be a limit to Selfishness!! Congress is a spineless party, it can do anything, but I am ashamed of the BJP and Arun Jaitley which supported this ...