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PaisaTalk  
Released:  7/30/2008 4:23:02 AM
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The Great Indian Money Talk


Contents:

IPL: ‘Square driving’ a new finance

The stocks were falling like nine pins when the IPL franchise bidding opened. Big names like Mukesh Ambani and Vijay Mallya were throwing in funds to get a piece of the multi billion dollar Indian cricket frenzy.

No statistical data is available for the amount that came out of the stock market for IPL.

Television rights and sponsorship stunts took the center stage and we have seen Indian cricket swallowing so much money from the business worlds. Companies are investing so much hoping that they will get much better returns. Let their wsih be thy command.

But no other sector got the boost as much as Insurance sector got. So take your investments in to stocks of companies in this field. Insurance is one of the biggest money makers.

Sports insurance in India is still an underdeveloped niche. Hoping IPL to be success in cricket crazy india we have large potential left in this financial field.

Each player is being insured for 7 times their value. Also, the stadiums, advertisements and what not, even the refreshment stalls will be insured.

The risk for the insurance companies is low, but the premium an all time high. 

If you are in stock market, just wait with your money to catch big whales from finance segment.




Points to remember before going ‘tech’ in the market

Indian Rupee yet again crossed the 4o mark. Appreciation is slowly getting stabilized and is taking the down road.

The Tech companies, mainly consultancy shares have woken up. After almost one year down the drain journey they are looking to hit the higway once again.

IT shares are valued profitable for investors at the moment by experts. But before entering into the market with those tech companies just keep below points in mind.

  1. The US economy still under pressure. The loss of INR value against dollar is not because of the strength of US economy. Hence all chances of a swing back is near than late.
  2. There was high selling pressure by FII in Indian Market most of them pose a huge USD demand.
  3. The chance of Democrats coming to power in US will be huge setback for IT companies. They have already posted outsourcing as a problem in the public election campaigns and debates.



Market call till Feb 29

New week opens with experts calling a down slide. The Budget on 29 th is the big threat that looms large followed by US and Asian Markets.

Indian market has lost over 500 points last week and any further down slide raises an alarm. But do not panic. Indian economy is doing good by itself. Perhaps the expectations were too high or may be the market was over valued.

Also the big suspense of budget is just a precautionary advantage for investors before entering the rough waters. So maximize your profit and minimise your risks till budget ;) .

Government is sitting on money from Income tax (record collection) will be forced to give some support to exporters as well as industries which impact common man. Hence Metal, Power, Infra and Agri sector will have the push from budget.

Post Budget the market is set to rise. Those who fear to enter the ship right now will gain less.

Foot note: Be greedy when others fear the market and be fearful when they are greedy .

 



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