With an 2 hours to go for the budget, the stock market is raring to go. Many pundits say the market will crash. But i feel, the market to be range-bound around 4850 levels.
Whether the market goes up or goes down, play safely.
If the market goes down steeply, go ahead and buy good stocks, as every steep fall is a good buying opportunity.
If the market goes up, it is a good sign. If you have any open position, book profit. It may go up to 4920 levels.
April is crucial, as many publish their 4th...
Little master's great knock!
Today, it is one of the finest day in Indian cricket history, rather the ODI history. Yes, the little master ripped the SA attack with an unbeaten 200 in 147 balls to steer India a comfortable 153 run victory.
With 93 International centuries, 147 half international centuries, about 200 international wickets, highest run getter in both forms of...
Countdown to the Union Budget - our wishlist
We are just a day from the Union Budget. More focus on Pranab's strategy to
counter the fiscal deficit,
push the GDP growth,
control the inflation,
roll out plan for GST
Plan for the Direct Tax Code roll out
For individuals,
Increase in basic tax exemption
increase in medical reimbursement limit (from 15000 to atleast Rs.50,000), considering the cost of medication.
Increase in the deduction limit u/s 80D for mediclaim insurance to Rs.50,000.
With the skyrocketing education cost, there...
Railway budget highlights
Mamta presented the rail budget today. It is a plain vanila budget with some benefits to the freight, passengers, employment opportunities, more trains etc.,
Some of the benefits to passengers:
No change to the passenger fare
Cancer patients can travel free, for treatment, in third AC and sleeper classes.
Service charges on e-tickets reduced to Rs 10 for sleeper class and Rs 20 for AC classes. The present charges are Rs 15 and Rs 40, respectively.
The benefit of 50% concession to the spouse of...
Will Mamatha outsmart Lalu in the Railway budget
Stock markets are ignoring the railway related stocks (Kalindee, Texmaco, Titagargh...etc.,). Market sentiments are that Mamatha is not doing any great in terms of growth plans. These stocks were the creams when the railway budgets were presented. She has to do wonders to get the support of the market.
Tomorrow (24th Feb) is the Railway budget and India expects something from the Mamatha's team:
More faster trains
No increase in fares
More thrust to PPP (Private Public Partnership) - ACC, L&T...
ULIP - Who needs to control - SEBI or IRDA ?
IRDA questions market regulator’s show cause to insurers on conceptual, legal, structural grounds. SEBI's contention is that the insurance companies are offering products mixing Insurance and Financial Products (in the nature of Mutual fund).
What if SEBI treats it as Mutual fund and starts governing these ULIP, apart from IRDA?The accounting will be different.
The initial load will go off (GOOD NEWS), as commissions are not allowed.
Exit load (surrender value) will also come down.
More investor...
Some clarifications on the subjects to be covered in the blog!
Thank you so much for the immediate response to my move to post articles on Health, Sports and Job Market. I have received calls showing concerns that I may move out from the finance side.
Just to clarify, I just thought of posting Health and Job related articles in this blog, as it is more relevant to today's executives. With lot of stress, lack of time to exercise, irregular food habits, today's executive finds it very difficult to cope the work pressure. So, that is the reason I have started...
SBI providing seed capital to SMEs for budding entrepreneurs.
Good news for Small and Medium Enterprises (SMEs). State Bank of India is providing seed capital upto Rs.10 lakhs to budding entrepreneurs. What is so special? Here is the speciality:
The seed capital is interest free
You can repay the seed capital in 5 year
This is a good opportunity for the aspiring entrepreneurs to start their ventures. So, walk up to your nearby SBI and get more information on the requirements to avail this seed capital.
I know many bright entrepreneurs looking out for funds...
Go Green.....Gardening & Oraganic vegetables at home
Today, I was chatting with my colleagues in the cafetaria. To my surprise, I found that most of them are interested in organic foods, growing vegetables in their places. One has already attended a course on organic forming, conducted by a foreign NGO.
The topic started over a cup of tea. They asked me why I take green tea and which is the good brand. My interest level in the dicussion went up, inspite of the people cheering Shewag for his half century. I started expalaining what a...
Wheat Grass - Natural healthy food
I was discussing this with my colleague, who is also getting into the wheat grass world, on growing the grass at home.
Not many know that we can grow and have juice of wheat grass. Why suddenly wheat grass?
Yes, of late if you visit any restauarants of thematic nature, they serve you Wheat Grass juice? What is so special about it?
It has: Chlorophyll,
beta carotene,
more than 80 minerals,
18 amino acids
Vitamins - C, E, B12
Iron
Calcium
Research has shown that 1 kg of wheatgrass...
Constructive feedbacks !!
Friends,
It is really nice to get feedbacks and if you are open-minded, you will get more suggestions. I had many suggestions during the course of this one year of my blogging:
Write the blogs in a masked name
Write on something which is of recent happening
Write on the recent economic situations
Write on Stock market basics
Write on certain financial jargons (to make life easy)
I tried my best to take note of these suggestions and impelemented the same.
Recently, one of my well wishers (my...
Budget - 2010, expectations
Friends,
It is budget time again. What to expect from the Finance Minister?
Tax proposals:
Stimulus to continue
More tax benefits
Deductions
Increase Basic exemption limit
Increase the gratuity limit
Increase the medical reimbursement limit (from Rs.15,000)
Reduction in tax rates
Short term capital gains
Personal tax slabs to be widened
Controlling the inflation by tax sops to industries
The above are just to kindle the interest and may I request you to get the list ready, so that we can see...
NTPC - FPO
The NTPC Follow on Public Offere was fully subscribed (overall -1.2 times and the retail sector 0.25 times) - Thanks to LIC and SBI for pitching in to save the dignity of this issue. While the below average issues are over-subscribed, the fundamentally strong issue like NTPC is not even subscribed by the public. Why? Let me share my thoughts on the same and would like others also to share their views.
(1) French auction methodUnder this method the highest bidders get a priority on allotment. This...
Subscribe to:
Posts (Atom)
