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Currency Notes Garlands
Posted by :
K.N.Pillai16968
Boarder Since : 5th Oct 01
Posted 2959 messages to date
Is it morally or legally correct to garland political leaders and social workers with garlands made out of Currencey Notes which are of legal tender. Why the Government of India and the Reserve Bank of India is not comming out with their position on this practice which is now very much in common in our country. Are the Currency Notes produced by the Reserve Bank is meant to manufacture Garlands for Politicians and others. Request interested readers to give their valuable opinion.
(3.59)
Market likely to move sideways advance tax numbers awaited:
Dalal Street is likely to witness a lacklustre session this week tracking global markets, which are also expected to trade in a limited range.
Trading will be sideways this week in the downside. if nifty break 5K Mark than will see 4800 again. The market will see a gradual crawling movement with a nagative biaa.
the March quarter advance tax payment numbers, which are expected on Monday, if good, will give a push to the market But the market rallied quite a lot after the Union Budget. It is now consolidating. Advance tax numbers will act as a domestic trigger for short term.
The US Federal Open Market Committee meeting on March 16 to discuss the monetary-policy strategy and to give a description of the economy is also keenly awaited.
"The FOMC meet will give an idea as to where the interest rate is heading in the US. This will act as a big trigger for the US market, which have been rangebound for quite sometime, and in turn will impact Indian stocks.
The BSE Sensex rose for the fifth straight week, its biggest stretch of weekly gains since June 2009. The key index gained one per cent to close at 17,166.62 points over the week even as traders booked profit on select stocks.
Budget 2010: Stimulus withdrawal will be mistake at this time
Posted by : dipakgod
Boarder Since : 9th Nov 08
Posted 6802 messages to date
Mid-caps are a minefield where investors have burnt their fingers, but they’re also a club where one can spot tomorrow’s winners. Suddenly automobile, mid-sized banks, and construction & engineering companies have become the new flavours. ETIG brings you a list of 42 such mid-caps.
ET has picked stocks with a market capitalisation between Rs 2,000 crore and Rs 10,000 crore, based on the average market cap for January 10. The final 42 have been selected keeping in mind the sectoral representation, and parameters like daily exchange turnover, price earning ratio, dividend yield and beta (which reflects a stock’s volatility).
What is your budget wishlist?
Posted by : dipakgod
Boarder Since : 9th Nov 08
Posted 6802 messages to date
बजट में जादू है! :
बगैर तली वाले बर्तन में पानी भरने का अपना ही रोमाच है.जादू जैसा? बर्तन में पानी जाता हुआ तो दिखता है मगर अचानक गायब। वित्त मंत्री हर बजट में यह जादू करते हैं। हर बजट में खर्च के कुछ बड़े आकड़े वित्त मंत्रियों के मुंह से झरते हैं और फिर मेजों की थपथपाहट के बीच लोकसभा की वर्तुलाकार दीवारों में खो जाते हैं।
पलट कर कौन पूछता है कि आखिर खर्च की इन चलनियों में कब कितना दूध भरा गया, वह दूध कहा गया और उसे लगातार भरते रहने का क्या तुक था? वित्त मंत्री ने पिछले साल दस लाख करोड़ रुपये का जादू दिखाया था और खर्च के तमाम अंध कूपों में अरबों रुपये डाल दिए थे। इस साल उनका जादू बारह लाख करोड़ रुपये का हो सकता है या शायद और ज्यादा का?
तिलिस्मी सुरंग में अंधे कुएं
खर्च बजट की तिलिस्मी सुरंग है। कोई वित्त मंत्री इसमें आगे नहीं जाता। खो जाने का पूरा खतरा है। खर्च का खेल सिर्फ बड़े आकड़ों को कायदे से कहने का खेल है। पिछले दस साल में सरकार का खर्च पाच गुना बढ़ा है। 1999-2000 में यह 2 लाख 68 हजार करोड़ रुपये पर था मगर बीते बजट में यह दस लाख करोड़ रुपये हो गया। कभी आपको यह पता चला कि आखिर सरकार ने इतना खर्च कहा किया? बताते तो यह हैं कि पिछले एक दशक के दौरान सरकार अपनी कई बड़ी जिम्मेदारिया निजी क्षेत्र को सौंप कर उदारीकरण के कुंभ में नहा रही है। दरअसल खर्च में पाच गुना वृद्घि को जायज ठहराने के लिए सरकार के पास बहुत तर्क नहीं हैं। यह खर्च कुछ ऐसे अंधे कुओं में जा रहा है, जो गलतियों के कारण खोद दिए गए मगर अब उनमें यह दान डालना अनिवार्य हो गया है। दस साल पहले केंद्र सरकार 88 हजार करोड़ रुपये का ब्याज दे रही थी मगर आज ब्याज भुगतान 2 लाख 25 हजार करोड़ रुपये का है।
06Jan 2010: Bear market rally is topped in next few days
Posted by : sam_pd
Boarder Since : 23rd Apr 05
Posted 3604 messages to date
well few charts doesn`t suggest that rugged will be pulled out. but i am playing for `pull the rug`.
on weekly chart, RSI has broken out of trendline. earlier this trendline was giving good signal for going short.
weekly close is highest both for nifty and sensex, so a HSH pattern is avoided on weekly chart.
weekly crossover remains in +ve territory.
On daily chart, nifty needs to close above 5260 which it will do on Monday.
No negative divergence on oscillators on daily chart.
So most of the chart points to bullishness.
Only chart suggest bearishness is my EWT analysis and due to that i am positional short on market. This zigzag wave bear market rally is very tricky , neither its running to its full strength nor breaking down. So no choice but to play this cock and bull story.
Fruit is ripe and its becoming bigger and heavier day by day but when it will fall is becoming now mystery for Grey cells.
Cheers
The market has once again remained range bound but above the crucial supports of 5070. Technically the market is expected to have a big day in the next trading session, trend is still intact but profit booking in upper regions not ruled out.
15 point Strategy : Worth investing: Richestuser
Posted by : patience
Boarder Since : 15th Nov 03
Posted 4167 messages to date
Dear Raj,
I personally do not believe in this huge return formula, my target is 30% returns a year if i get i am more than HAPPY.
But at sametime my capital protection i look for 100%, so i do not get into stocks which can erode my capital.
I look for a sector which is going through a bad phase and i pick the bluechips from that sector and invest on them in SIP.
For instance Bharti is one such example, i bought 100 at 300 in month of Jan, 200 at 270 in month of Feb and this month bought 100.
If i want to buy total of 1000 bharti i will buy them in installments, and every 15-20% fall i will add double the quantity of my previous buy price.
This needs bit of hard work but so far it has worked for me, another one i can think of is powergrid. This stock will be a multibagger in long run, but again the same SIP formula is required there.
Then add to this i do bit of trading on the same stocks like selling far off calls and earning from the volatility or doing a strangle selling.
But if you are a type of guy who want to invest for those 10 baggers or 20 baggers then i am not knowledgable to guide you.
For me its simple, i know a Ambani will not his kids to go onto street begging so i will put my money where an Ambani is betting on and not whats flashy or looks very HOT.
In the end its all about SELLING in GOOD news and BUYING In BAD news.
1 - Identify sector in bad news and reasons for the bad news (Telecom post number portablity the customer base of Bharti will increase, i have done research on Hongkong market of how the number portablity increased the customer base of the TIER 1 player so i am bullish Airtel will do better post number portablity)
2 - Identify companies within these bad sectors which have a healthy balance sheet (read books of how to read a financial statement or balance sheet and start it as a practice)
3 - Buy in SIP irrespective and have the conviction to add double post a 15-20% correction irrespective of what world says.
4 - Give time , have patience. (One classic example is case of tata motors, my friend here hobbesthetiger is something who can share his experience. For 2 years he hold his nerves and today he is laughing his way to bank.)
5 - Have the courage to BOOK profits. Do not be emotional
Best Regards
Patience...
Official Guff ups and one up man ship
Posted by : tally
Boarder Since : 3rd Jul 03
Posted 1644 messages to date
When there is guff ups by our officials we write, blame and decry but when they indulge in one up man ship we fail to acknowledge
An ingenious example of speech and politics occurred recently in the United Nations Assembly that made the world community smile.
A representative from India began: `Before beginning my talk I want to tell you something about Rishi Kashyap of Kashmir, after whom Kashmir is named. When he struck a rock and it brought forth water, he thought, `What a good opportunity to have a bath.` He removed his clothes, put them aside on the rock and entered the water. When he got out and wanted to dress, his clothes had vanished. A Pakistani had stolen them.`
The Pakistani representative jumped up furiously and shouted, `What are you talking about? The Pakistanis weren`t there then.`
The Indian representative smiled and said, `And now that we have made that clear, I will begin my speech. `And they say Kashmir belongs to them................................................
This is one mail I recommend to be shared with `ALL INDIANS`....... including the world at large. I received the e=mail from a friend.
I have hear "Humor in uniform but little good humor in diplomacy!!!!!!!!!!!!!! Cheers.
MF Husein becomes Quatari citizen
Posted by : vuppala1948
Boarder Since : 10th Feb 09
Posted 721 messages to date
Dear bookworm
Everybody`s hormones are approximately the same - Except that the man and woman have complimentary hormones.Some people nourish some hormones more and some hormones less. So, comes the difference in behaviours.
There is an ancient saying that - your toughest enemies are sitting right within you and eating away your most important possession - your happiness. Be ware of them!
And these enemies are - Undue desire, Anger, Greed, Lust, Pride, Jealousy - and of course FEAR. When these are sitting inside, GOD vanishes away. When these are abolished, God reappears right within you.
We don`t need great religious books or knowledge of Hebrew, Latin,Arabic or Sanskrit to understand this much.
Not at all knowing or heeding to this Basic tenet of God is creating all problems everywhere.
Teaching your child the value of money
Posted by : winwath
Boarder Since : 22nd Aug 07
Posted 2463 messages to date
Money management goes hand in hand with time management, together they will teach children as well as adults - discipline and the ability to make right choices.
Several years ago, we decided to grant a monthly allowance for our child, once a monthly amount was decided, we opened a savings account and deposited the monthly allowance x 12 = a years worth of allowance. We made it clear that no `bailouts` are possible if the money runs out b4 the year is over.
The kiddo spent the whole lot in 5 months flat - and gritted the rest of the 7 months. Lesson learnt.
The following year - when we went to deposit the annual allowance, we found a credit balance, amounting to more than 2 months of the allowance still in the savings account - we deicded that its is time to increase the allowance.
Good Luck to all the momz and dadz in this regard.
WW
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