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19 November, 2008

GOOGLE MOBILE: STOCK QUOTE SEARCH

Google has introduced "Google Mobile Search" through SMS from your mobile.

Google says "Get cricket scores, Indian Railways train schedules & ticket status, horoscopes, movie showtimes, restaurant information and more ...all through SMS on your phone."

Note: No premium charge for the search unlike other providers, only standard SMS charge.

Try the following search:
Reliance quote
SMS to 9-77-33-00000
You will get an SMS almost immediately as follows:
Stock:
500325 (Reliance Industries Ltd)
1184.00 (+43.00/3.80%)
Happy searching.

Go to the link for more informations: Google Mobile-SMS

18 November, 2008

STILL AT PE MULTIPLE OF THREE DIGITS

Are there still some equities with PE multiple of theree digits even after the mayhem of stock market?

Yes, there are. Some equities are still commanding that much of confidence (?) from investors. When most of the front line companies have corrected themselves to reasonable PE, the somewhat obscure or traders favourite companies are still there at that unreasonably high position.

Followings are few companies

Mineral and Metal Trading Corp.
Essar Oil
Reliance Natural Resources
Ispat Industries

It is hard to find justification for such high valuations.

More reading at Link The Economic Times

07 November, 2008

BOOK VALUE Vs MARKET VALUE?

It is hard to beleive that the book value of a blue script is more than its market value. But the present Bear run has made it possible. Few very good scripts has exactly shown this anomaly. Followings are the companies.

Tata Steel,
Cairn,
Hindustan Zinc,
Hindalco,
MTNL,
Videocon Industries,
Central Bank of India and
Allahabad Bank

Also among the relatively smaller companies the followings are notable.

Raymond,
Parsvnath,
Bajaj Hindusthan,
Vardhman Textiles  and
Bajaj Auto Finance.

The news item can be accessed from this link. Economictimes.

Should one go all out in aquiring the above stocks? I beleive in market sentiment, there may be reasons for this fundamental anomalies. But anyway this is a good start to study these stocks.

The news also says there are many more stocks of similar fate.

24 October, 2008

DILEMMA FOR SMALL INVESTORS

The Rakesh Jhunjhunwala interview was on NDTV Profit, not on CNN IBN, my apology to all. Thanks to Danny for pointing out.

Yesterday was another black friday, along with the world indexes, Sensex was down by 1000+ points even after so called discovery of value at above 10000, it was really one of the saddest day for small investors. Thousands of us lamenting below the expectation datum of even for small returns.

Will the market rebound again? How far our Reserve Bank can effort to lower the CRR level? They have the reponsibility of lookin into the economy of our country in a Wholistic way.

I am feeling particularly bad, as just in the previous day I downgraded myself being bullish to realist (another term of bearish?).

Point to Ponder for small investors: Should we withdraw our money from market with whatever loss we are incurring?

23 October, 2008

WHERE TO: INDIAN STOCK MARKET?

We dangerously hovering in some place from where we can see neither upside nor downside?

The statement from our PM, "cloudy sky", not that confident Rakesh Jhunjhunwala in CNN IBN yesternight and global scenerio has made me to reconsider my decision to be bull at least for near term.

Where to Indian Stock Market?

We small investors has more responsibility to protect our capital than to multiply it. Withdrow, your capital but keep your profit part there well parked in good stock.

What comes down will definitely go up. It is only matter of time.

16 October, 2008

MARKET FALACIES-1

It seems that it is almost sure that recession has set in world economy. If we consider all the factors India should be well insulated from the global turmoil. Our semi socialistic principles is saving us from the global downturn. We may be a little edgy right now but reasons will prevail very soon.
Will the Indian Stock Market will recover and prove the theory of decoupling of economies is right?
Though I still beleive the theory was a offshoot of a clever market manipulator. This one of the biggest Market falacies.
My earlier blog Posts. Link 1, 2, 3.

10 October, 2008

WHERE SENSEX IS HEADING TO?



IS THIS THE END OF THE WORLD?
IS THERE NOTHING LEFT IN INDIAN STOCK MARKET?

LOOKING AT SENSEX AT DANGEROUSLY CLOSE TO 10,000 MARK, IT GIVES ME SHIVERS IN MY SPINE. IT IS VERY NOT PLEASANT TO SEE MY CAPITAL ERODING.

INDIA IS A GROWING STORY. HAVE FAITH IN IT, BUT TREAD VERY VERY CAUTIOUSLY AT THIS VERY DIFFICULT JUNCTURE. NOBODY CAN PREDICT WHAT IS THERE IN FUTURE LURKING BEHIND THE MAZE OF COMPLEX FINANCIAL WEB. BUT STILL I AM A FIRM BELEIVER OF INDIAN STOCK MARKET.

RUMOURS ARE DOING ITS ROUND, BUT RUMOURS ARE RUMOURS.

"RUPEE IS AT A WHEN SENSEX WAS AT 5000, A FEW YEARS BACK. WILL SENSEX GO TO THAT LEVEL?"

BAKWAS!! MANY DOOMSDAY SAYER CRABS ARE THERE TO FINISH SMALL INVESTORS OFF.

IDENTIFY THEM AND REMEMBER WHAT THEY ARE SAYING NOW, JUST LIKE THOSE WHO WERE PROFESSING "THE THEORY OF DECOUPLING OF ECONOMICS". THESE ARE BAITS.

ALAS! YOU CAN SELL SOUR MANGOES ONCE, TWICE OR MAY BE MANY MANY TIMES TO THE REALLY SMALL AND HELPLESS UNSUSPECTING SMALL INVESTORS.