The market has seen hit the circuit and both NSE, BSE got closed for 1 hrs. The market were not bleeding but were on onslaught of the leveraged investors. When it opened after the circuit closure it started moving up for a while and again started falling. The investor and traders could just not hold their nerves have see panic everywhere with epicenter in mumbai. At these lower levels there were some retails investors ready to invest but were not able to buy or sell as the margins of their brokers already exhausted. One of the big trading portals has suspended margin and marginplus trading till the next notice. As this merciless killing was going on the FTSE also opened in red. But some time later FED chief declared the 75 bps cut in the FED rate. This helped FTSE recover and it up by 159 points, CAC is also trading in green. The US markets have started and till now they seeing the same color as Indian markets have. I just hope that this extra cash flow to India and some investors recover some of their losses tomorrow.
10.23 PM, 22 Jan, 2008
Tuesday, January 22, 2008
Monday, January 21, 2008
Be Cautious ! The Bear Again Looking Stronger
8:50 AM dt Jan 22, 2008
Its 8.50 am and our markets will open as usual but the global cues are again hinting towards another bear day. Yesterday I wrote about the cues being deep red and today also its not looking any better. The Indian markets have suffered heavy downslide yesterday. So can we believe that the market are also going to show similar results.
I thinks there is a bit change in the market today. Yesterday the sell off from FII lead to margin pressure on a already less liquid market. This has forced the margin traders to square off some positions to hold on others. Yesterday some investors have put in money seeing good stocks at huge discount. The change today is that the investors mood is moving towards buying some stock today. But finally buying depends on the cash available. It seem that if FII sell again then today also we may see some results similar.
Its 8.50 am and our markets will open as usual but the global cues are again hinting towards another bear day. Yesterday I wrote about the cues being deep red and today also its not looking any better. The Indian markets have suffered heavy downslide yesterday. So can we believe that the market are also going to show similar results.
I thinks there is a bit change in the market today. Yesterday the sell off from FII lead to margin pressure on a already less liquid market. This has forced the margin traders to square off some positions to hold on others. Yesterday some investors have put in money seeing good stocks at huge discount. The change today is that the investors mood is moving towards buying some stock today. But finally buying depends on the cash available. It seem that if FII sell again then today also we may see some results similar.
Stocks to watchout for tommorow !!!
ACC 736, Ispat Industries 74, NTPC 206, Power Grid 110, Reliance Energies 1764, RPL 171, IOC, ONGC, TTL 40.40, Reliance 2500, BHEL 2113, ADANI, TATA Motors, SBI, ICICI Bank, L&T.
Bear Wins But Bulls Started Investing Again !!!
The morning global cues were very deep red and only firm bulls would have not hedged. In this type of market falls the unhedged retail investors are the real losers. Today, I saw a lot of people sad dull face on losing money in this crash. But isn’t this part of stock market investing. Well some of smarter ones amongst us have definitely used NIFTY or MINIFTY for hedging. Thus the money lost is lost now the investors with liquid cash who have been waiting have got the opportune moment to enter. What better they would have expected than entering when all the biggies are down by hugh percentages.
Sunday, January 20, 2008
History Repeats Itself !
If you are believer of some relationship between indian and Global market then here is the bad news for you. The US and European markets are in deep read. The asian markets which open before ours are also bleeding. This reminds of some days back when all the markets including asian markets were low. On that day indian market opened in green but eventually gave in to the selling pressure… so wait and watch till the end of the day if history repeats itself.
Hitch - The dialogues you wont forget....
Life is not the amount of breath you take, its the moment that take your breath away.
Because without no guile and no game , there is no girl and if ever there was a man without guile it was Albert Brennaman
Sara Melas: "Relationships are for people who are waiting for something better to come along"
Hitch : "My business is one hundred percent referral and thus far untraceable"
Brennaman : "you know when it is like getting up every morning.. Hopeless feeling like the love of your life is waking up with the wrong man....... But at the same time hoping that she still finds Happiness. Even if never gonna be with you.
Hitch to Brennaman: Day Dreams of a private time.....When you are in the room... be in the room... concentrate focus women respond when you respond to them.
Albert : just one dance
Hitch: no Albert one dance one look one kiss that all we get Albert........just one shot to make the difference between happily ever after and ohh he is just some guy i ......something.....alright..
Hitch: "Begin each day like it was on purpose"
Hitch to Sara Melas: Never lie, steal, cheat, or drink. But if you must lie, lie in the arms of the one you love. If you must steal, steal away from bad company. If you must cheat, cheat death. And if you must drink, drink in the moments that take your breath away.
AND Finally
Hitch: "Basic principles there are none"
Because without no guile and no game , there is no girl and if ever there was a man without guile it was Albert Brennaman
Sara Melas: "Relationships are for people who are waiting for something better to come along"
Hitch : "My business is one hundred percent referral and thus far untraceable"
Brennaman : "you know when it is like getting up every morning.. Hopeless feeling like the love of your life is waking up with the wrong man....... But at the same time hoping that she still finds Happiness. Even if never gonna be with you.
Hitch to Brennaman: Day Dreams of a private time.....When you are in the room... be in the room... concentrate focus women respond when you respond to them.
Albert : just one dance
Hitch: no Albert one dance one look one kiss that all we get Albert........just one shot to make the difference between happily ever after and ohh he is just some guy i ......something.....alright..
Hitch: "Begin each day like it was on purpose"
Hitch to Sara Melas: Never lie, steal, cheat, or drink. But if you must lie, lie in the arms of the one you love. If you must steal, steal away from bad company. If you must cheat, cheat death. And if you must drink, drink in the moments that take your breath away.
AND Finally
Hitch: "Basic principles there are none"
Friday, January 18, 2008
IS IT THE BEGINNING OF GLOBAL RECESSION OR IPO EFFECT??
The BSE has not stopped it southward dive neither is the nifty showing any stopping. The DOW, FTSE, Korea, Japan all headed south. Is this the beginning of global recession?? There are two view of to it:
First, some says that the world market is seeing some recession. So money from the secondary markets is moving to Fixed income and alternative avenue. So the US & European markets are headed down. And the Indian markets may have some connection but the real cause of fall in Indian market this weak is two huge IPOs. The reliance power has collected 250000 crore rupees till yesterday. The market cap of NSE is 1.46 trillion USD and BSE is US$ 1.61 trillion. Thus making collectively Rs 122,80,000 Crores. The reliance power has collected 2.17% of market cap of BSE NSE combined. If we assume this money is coming from the market then the Indian markets should fall. This theory can be validated when other big IPOs like BSNL ect comes.
The other opinion is than the money in US market is moving to Fixed income and alternative avenue. Thus even the money from India and other asian markets is being sucked up. This is leading to global market fall including India.
First, some says that the world market is seeing some recession. So money from the secondary markets is moving to Fixed income and alternative avenue. So the US & European markets are headed down. And the Indian markets may have some connection but the real cause of fall in Indian market this weak is two huge IPOs. The reliance power has collected 250000 crore rupees till yesterday. The market cap of NSE is 1.46 trillion USD and BSE is US$ 1.61 trillion. Thus making collectively Rs 122,80,000 Crores. The reliance power has collected 2.17% of market cap of BSE NSE combined. If we assume this money is coming from the market then the Indian markets should fall. This theory can be validated when other big IPOs like BSNL ect comes.
The other opinion is than the money in US market is moving to Fixed income and alternative avenue. Thus even the money from India and other asian markets is being sucked up. This is leading to global market fall including India.
Wednesday, January 16, 2008
WHERE HAS THE MONEY GONE FROM INDIAN MARKETS???
The Nikkei down by 468.12, KOSPI down by 41.98,Taiwan down 249.30pts , FTSE down by 71.80, CAC 26.94, Nasdaq -35.04, Dow Jones -55.76
Were these cues in the morning any indication of what the Indian markets are going to see today. The sensex bleed 382 pts and nifty chopped down by 138 pts. But the point to thing is where has all the money gone. Its has moved out of global markets and Indian markets also. Some experts believe that the Indian market fall was not because the foreign funds are not coming but the money is flowing towards the two IPOs. The reliance got 14 times and future got 131 times oversubscription. But if that is to be believed then we should be ready for really bad year and this year will see bigger and bigger IPOs tapping primary market…
Were these cues in the morning any indication of what the Indian markets are going to see today. The sensex bleed 382 pts and nifty chopped down by 138 pts. But the point to thing is where has all the money gone. Its has moved out of global markets and Indian markets also. Some experts believe that the Indian market fall was not because the foreign funds are not coming but the money is flowing towards the two IPOs. The reliance got 14 times and future got 131 times oversubscription. But if that is to be believed then we should be ready for really bad year and this year will see bigger and bigger IPOs tapping primary market…
WILL MARKET PUT MORE FAITH IN RELIANCE POWER THAN FUTURE CAPITAL??
Yesterday I wrote about Future’s IPO subscribing 27 times but with the today it went to 131 times. Qualified institutional investor’s portion subscribed 106.26 times,26.56 times in retail and 32.50 times in HNIs category (source: moneycontrol.com). The future group must be thanking the invetor for this. Now the thing to look out for will be the level of oversubscription the reliance power gets. Will the investors bestow there blessing on it as well. Presently the race is on and reliance has been oversubscribed 14 times till now. Still two days to go lets see where it ends. But one think is assured that the retails investors have only a small gains to make out of these IPOs….if they get allotments.
Tuesday, January 15, 2008
Is it worth investing in Reliance Power ???
The reliance power is making news across the country. It is the biggest ever IPO in India. One of the largest which hit indian markets was DLF. But it never got the response reliance power is getting. At present there are 3 IPOs in the market
1. Federal Bank
2. Reliance Power
3. Future Capital
Federal Bank is the least talked about because it is nowhere in the online application. It was just through the paper form. I just got to know about it from today’s “Times of India”. I had no clue about it and have not analyzed it.
The other two present pretty interesting story. Reliance Power is Anil Dhirubhai Ambani company. While the other one is by Future group. If you look at the grey market premium
Reliance power is at 90% and Future Capital at 75%.
The over subscription of Future IPO is 27 times while till now reliance powers IPO is at 10.5 times and we can safely assume that it will definitely be oversubscribed more than 30 times.
Now if I apply simplest of mathematics and assume that one has invested 100000 Rs then at 27 times he will get stocks worth 100000/27 = 3700 Rs. Similarly for 100000Rs in Reliance IPO he will get 100000/30 = 3333 Rs.
Now taking the grey market premium at present situation the returns would be :
Reliance Power: 3333 * 0.9 = 2999 Rs
Future Capital: 3700 * 0.75 = 2775 Rs
Which is approximately just 2.77 % and 2.9% of Rs 100000.
If I assume reliance power’s partial payment option then reliance would look much better ( Rs 2999 on Rs 25000 investment which is approx 11.99
So are these IPOs worth investing? Cant an retail investor earn more by investing directly in the market.
Finally for any of the above gain to occur you need to be lucky to get the stocks first….
Best of Luck to all the Investors…………
1. Federal Bank
2. Reliance Power
3. Future Capital
Federal Bank is the least talked about because it is nowhere in the online application. It was just through the paper form. I just got to know about it from today’s “Times of India”. I had no clue about it and have not analyzed it.
The other two present pretty interesting story. Reliance Power is Anil Dhirubhai Ambani company. While the other one is by Future group. If you look at the grey market premium
Reliance power is at 90% and Future Capital at 75%.
The over subscription of Future IPO is 27 times while till now reliance powers IPO is at 10.5 times and we can safely assume that it will definitely be oversubscribed more than 30 times.
Now if I apply simplest of mathematics and assume that one has invested 100000 Rs then at 27 times he will get stocks worth 100000/27 = 3700 Rs. Similarly for 100000Rs in Reliance IPO he will get 100000/30 = 3333 Rs.
Now taking the grey market premium at present situation the returns would be :
Reliance Power: 3333 * 0.9 = 2999 Rs
Future Capital: 3700 * 0.75 = 2775 Rs
Which is approximately just 2.77 % and 2.9% of Rs 100000.
If I assume reliance power’s partial payment option then reliance would look much better ( Rs 2999 on Rs 25000 investment which is approx 11.99
So are these IPOs worth investing? Cant an retail investor earn more by investing directly in the market.
Finally for any of the above gain to occur you need to be lucky to get the stocks first….
Best of Luck to all the Investors…………
TARE ZAMEEN PAR
The movie is directorial debut by a matured actor "Aamir Khan". I think in bollywood any actor who directs movie would have himself in lead. But Aamir has proved that he is no other bollywood actor. If he is actor he is a actor and if director he is a director and that too a perfect.
The movie is about a kid who is talented but finds it difficult to learn the way normal kids do. He lives in his own world of paintings, animals and dreams. This movie very well brings out the pain of a young kid, who has a long time in schools.
While watching movie I felt like I was watching myself onscreen and I believe each one of you would feel the same. There are very natural day to day shots like the kid sleeping a few minutes late then force to get up, sleeping while sitting on commode with brush in mouth, the bus honking at the society gate, splashing the water while boarding the bus, the very look of kid returning back with school tie just handing on…. the untied shoe lace…. Everything just like we do when we are young……..
The movie has a lot of high intensity emotional scenes. One could feel the palpable silence during these…no head movement, no whispering, no chewing, all eyes just wide open watching the young kid….
When the parents leave……. one could very well see girls and MEN "even the macho style" not able to stop their tears……
All in all Aamir again proves that he will give us movies different from the latka and jahtkas (though I don’t mind watching).
This is definitely a must watch movie.
Music of the movie is apt to the subject it deals with. I like the track “teri parwah karta hoon……” other songs gel well with the movie, but I would not like them while traveling.
The movie is about a kid who is talented but finds it difficult to learn the way normal kids do. He lives in his own world of paintings, animals and dreams. This movie very well brings out the pain of a young kid, who has a long time in schools.
While watching movie I felt like I was watching myself onscreen and I believe each one of you would feel the same. There are very natural day to day shots like the kid sleeping a few minutes late then force to get up, sleeping while sitting on commode with brush in mouth, the bus honking at the society gate, splashing the water while boarding the bus, the very look of kid returning back with school tie just handing on…. the untied shoe lace…. Everything just like we do when we are young……..
The movie has a lot of high intensity emotional scenes. One could feel the palpable silence during these…no head movement, no whispering, no chewing, all eyes just wide open watching the young kid….
When the parents leave……. one could very well see girls and MEN "even the macho style" not able to stop their tears……
All in all Aamir again proves that he will give us movies different from the latka and jahtkas (though I don’t mind watching).
This is definitely a must watch movie.
Music of the movie is apt to the subject it deals with. I like the track “teri parwah karta hoon……” other songs gel well with the movie, but I would not like them while traveling.
JAB WE MET - Time Available Watch
This movie for those love bird, who want to watch some light romance. The movie is about a very lively, young, and irritatingly talkative girl from Punjab......... ofcourse very well portrait by Kareena kapoor. This girl meets a young boy shahid. No no…. wait it’s not SRKs movie … so they would not fall in love in the very first shot. Here director has put some really nice incidences like Ratlam…hotel, station master… The first half of movie is full of funny sequences and audiences seem to be really enjoying it.
In the second half the movie seems to have lost the pace it had in the first one. Not seeing Kareena on screen for long time frustrated audience. Shahid kapoor was looking as gr8 but some dialog were very boring…epecially the lecture at the company….
Finally music & song: the movie had Shahid so one can very well expect very high energy dancing songs. Two songs “Nagada” & “Mauja” were really high power. One of the best hindi movie release this year.
In the second half the movie seems to have lost the pace it had in the first one. Not seeing Kareena on screen for long time frustrated audience. Shahid kapoor was looking as gr8 but some dialog were very boring…epecially the lecture at the company….
Finally music & song: the movie had Shahid so one can very well expect very high energy dancing songs. Two songs “Nagada” & “Mauja” were really high power. One of the best hindi movie release this year.
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