| Issue Opens on: | April 27, 2010 |
| Issue Closes on: | April 29, 2010 |
| Bid Lot: | 50 Shares & in Multiple of 50 shares |
| Price Band: | Rs.120 to Rs.130 |
| Issue size: | 108 crore |
| PO Rating: | CRISIL IPO Grade 3/5 |
The Indian Equity Markets remained subdued throughout the week with indices losing by nearly 5% over the week (June 1st week). The selling pressure from FIIs& NRIs - non resident Indians was seen in heavyweight stocks. At the same time some consolidation was also seen in some selective stocks across the bombay and national stock exchange indexes like the nifty and sensex.
The week started with the important support levels of 16000/4750 getting breached. As mentioned in our previous equity report, the Indian markets saw massive sell-off after this development. The indices reached near the next target support level of 4500. Though markets have fallen sharply there are no clear indication of bottoming out and further downside cannot be ruled out. We feel the next important support level is seen at 14700/4280. But before that big investors like person of india origin and overseas citizen of india can start investing in small quantity in selective stocks, they have to really time the market really well, and they need to diversify their investments between mutual funds and stocks. The support for the week is seen near 15100/4475 while the resistance for the week is seen near 16100/4800. In high volatility this band can stretch further to 14900/4400 and 16400/4850.
We advise our clients to invest in indian stock markets with caution and with a long term view with a portfolio diversification view across various financial products like: stocks, mutual funds, commodities and futures.
Source: http://www.nriinvestindia.com/
NriInvestIndia.com is an emerging NRI, PIO and OCI focused Investment Broker & Mutual fund distributor company from India, offering NRI Services to do Investment in India. Our goal is to guide Non Resident Indians to Trade in Indian Stock Market & Invest in top Mutual Funds of India.
Myself Aditya Sharma (Sr.Investment Advisor), and I work for a NRI Investment company (www.NriInvestIndia.com) that helps NRIs, PIOs and OCIs to invest in India's top mutual funds.
Here at NriInvestIndia.com we focus in delivering value service to our NRI clients when it comes to their investments in the Indian stock markets – NSE & BSE. Our equity & mutual fund investment advising is structured to suit the investment objectives of the non resident Indian investor in a long run (including PIOs and OCIs).
We at NriInvestIndia.com advise our clients to invest across various financial products viz: Mutual funds, RBI bonds, Portfolio Management Services for NRIs, Stocks & Shares, Trading Account, Dmat Account, SIPs – systematic investment plans, etc, based on your risk-return profile.
Article Source: ArticlesBase.com - Current Indian Stock Market Scenario for Nris in Nse & Bse Trading
THE NATIONAL STOCK EXCHANGE OF INDIA (NSE)
Located in India’s financial capital Mumbai, the National Stock Exchange (NSE) is the third largest stock exchange in the world. During 31 December 2005, NSE VSAT terminals, 2799 in total, were spanning across 320 cities of India.
The NSE has been a podium for securities exchange for 14 years now! Thousand member strong, NSE provides dealing of different securities, some of them being equity, corporate debt, certificate of deposit, commercial paper, and central and state government securities. National Securities Clearing Corporation, India Index Services and Products, National Securities Depository, and NSE-IT (trading technology) are the associates of NSE. Owner of diverse financial and insurance establishments, NSE can be broadly divided into three segments:
GENESIS OF NSE
It all began 16 years back, in November 1992, when the NSE was integrated as a tax-paying company. In April 1993, NSE was given the status of a stock exchange under the Securities Contract (Regulations) Act of 1956. A year later, in June 1994, NSE began operations in the Wholesale Debt Market (WDM), and in November that year, the Capital Market (Equities) Segment of the NSE began operations. Two years hence, in 1996, NSE became the first exchange in India to trade derivatives specifically on an equity index. In the new millennium, NSE began Indian Internet Online trading system. Today the NSE deals in online examinations and award certification. Comprising branches all over India, NSE introduced India’s first clearing corporation (National Securities Clearing Corporation Ltd.) and India’s first depository (National Securities Depository Ltd.). NSE is India’s earliest national, anonymous, electronic limit order book (LOB) exchange that deals with securities.
MARKET INDICES
NSE established an index services firm called IISL – India Index Services and products Ltd. – and opened numerous stock indices, including:
The other NSE Indices are:
MARKET CAPITALISATION
Currently, NSE has four important capital market segments:
MAJOR COMPANIES OF NSE
The major companies listed with the NSE are:
The top investors of NSE are:
LOCATION OF NSE
National Stock Exchange of India Ltd.
Exchange Plaza
Plot No. C/1, G Block
Bandra-Kurla Complex
Bandra (E)
Mumbai 400051
BOMBAY STOCK EXCHANGE (BSE)
Having its headquarters in Mumbai, the BSE SENSEX is the stock index or SENSitive indEX of the BSE. The oldest stock exchange of Asia, the BSE SENSEX, also known as BSE 30, is the focal stock index of India. There are 4800 companies listed with the BSE. As of July 2007, the total equity market capitalization of the Bombay Stock Exchange was US$ 1.005 trillion. The Singapore Exchange has become an alliance of BSE by acquiring a strategic investment in the BSE.
GENESIS OF BSE
Way back in 1986, the BSE introduced the stock index that eventually became the most important stock index of the country. The SENSEX was based on market-capitalisation-weighted method and included stocks of some of the top financial houses. Noted financial analyst and columnist, Mr. Deepak Mohoni in the year 1990, introduced the term “BSE SENSEX” which is an acronym for Bombay Stock Exchange SENSitive indEX. Since September 2003, the SENSEX is measured on the method of free-float capitalisation.
MARKET INDICES
Apart from maintaining the BSE SENSEX, the Bombay Stock Exchange also maintains stock indices like:
The BSE gives information on the price, charting, announcements, company contact, shareholding pattern and results of the companies that are enlisted in the exchange. The Board of Directors, encompassing eminent financial professionals, Managing Director of the exchange, and the representatives of the Trading Members, maintain the overall functionality of the exchange.
BSE also gives the Beta value of the SENSEX Scrips, Beta being calculated by the formula: Beta = Co-Variance (SENSEX, Stock)/Variance (SENSEX).
While listing securities that may be from public limited companies, central government, state governments or other financial institutions, there are certain objectives followed by the BSE:
BSE SENSEX OVERVIEW
The BSE SENSEX comprises thirty stocks and is a value-weighted index. The stocks listed here are the most active stocks on the BSE. The BSE SENSEX has a base value of 100. The relevant authorities update BSE SENSEX and in the process inspect and change the SENSEX, the underlying idea being that the SENSEX represents the prevailing market condition.
BSE PERFORMANCE
Since June 1990, the BSE Index has been increasing ten-fold. As per the data available, since April 1979, the long run rate of return on the BSE SENSEX has been at almost 0.52% every week, with the rate of standard deviation being almost 3.67%. The returns thus have been 27% per year. However after inflation, the figure has come down to 18% per year.
BSE COMPANIES
Given below is a catalogue of stocks listed in the BSE:
Myself Aditya Sharma (Sr.Investment Advisor), and I work for a NRI Investment company (www.NriInvestIndia.com) that helps NRIs, PIOs and OCIs to invest in India's top mutual funds.
Here at NriInvestIndia.com we focus in delivering value service to our NRI clients when it comes to their investments in the Indian stock markets – NSE & BSE. Our equity & mutual fund investment advising is structured to suit the investment objectives of the non resident Indian investor in a long run (including PIOs and OCIs).
We at NriInvestIndia.com advise our clients to invest across various financial products viz: Mutual funds, RBI bonds, Portfolio Management Services for NRIs, Stocks & Shares, Trading Account, Dmat Account, SIPs – systematic investment plans, etc, based on your risk-return profile.
Article Source: ArticlesBase.com - Online Tutorial About Indian Stock Market – India’s Nse & Bse Share Markets
With the economy in the shape that it is in and with so many people looking around for ways to make more cash, you may find that you are in a place where you feel a bit at loose ends. You already have a job, but maybe you are in a place where it simply cannot help you out as much as you would like it to.
There are plenty of jobs which would be just fine if they paid a little more and it can be difficult to find a job that allows you to make money that is a little better because you don't want to give up what you already have. This is where finding a good day trading system can make all the difference and when you want to get good results, this might be what you have to do.
When you are thinking about how you can make extra cash, you'll discover that working online and from the comfort of your own home is the way to go. The old saying that you have to spend money to make money is very true and even if you have a great day trading system in place, you are going to need to have some cash to invest.
When it comes to day trading at your own home, most people say that you need at least five hundred dollars to get started, while other people state that you will need upwards of five hundred dollars, other people will state that you need more than a thousand. It is really up to you and what you will feel safe with.
When you want to use a day trading system to make money, remember that you do need to be risk aware. Too many people know what they stand to gain, but then they don't think about what they stand to lose. Take a moment to consider what your options are going to be and what you can do to get the results that you want.
Also be aware of how much money you can lose; unless you have the right stock trading system set up, you may find that you lose it faster than you thought possible! The more effort that you put into this, the better the rewards are going to be, but also remember the risk, as well.
Remember that when you are looking at finding a good stock trading system that you should treat it like a real job, even if it is one that you only spend an hour a day at. Give it your full attention and make sure that you have good tools to use with it. This is where stock picking programs come in; take some time and really consider what your options are going to be when it comes to fulfilling your potential.
At the end of the day, you may find yourself in a position where making money online can be something that will turn into it's own full time job. See where the right tools and the right attitude can take you.
Old school investing was only the beginning; with stock picking software available, investors are dominating the market without an ounce of sweat.
You can do the same by choosing a great software that can help you. Tackle the issues surround day trading by letting a professional software find the next big penny stocks for you.
More Stock Market Trading System Tips:
Trading Pro System is a complete video training course and teaches the traders to trade with confidence. The comprehensive 24 hours video training provides a bunch of strategies and tactics and a lot of content about trading in the stocks and options market. The system uses simple language and is created by businessmen which imply that the secrets of winning are at your fingertips.
Stock Market Index Secret is by Karl Dittman, a 30 year veteran of stock market trading. Karl maps out a really simple ’secret’ formula that can point you at a method of targeting a stock or an index on any day and make a profit. If you follow his patterns, you can can see opportunities to take good profits.
The Secrets of Sucessful Traders Guide was preferred amongst our team of researchers. It offers the most practical stock trading advice for beginners looking to find success in the stock market without losing their house. It is a step by step instructional guide which clearly explains everything you need to know about the industry and is patiently explained in detail to ensure that you are fully aware of how the stock market works before making your first investment.
Article Source: ArticlesBase.com - Stock Market Profits Using Stock Trading System
