Thursday, 2 June 2011

Enter SBI at around Rs 1900-2000: Anand Rathi


Enter SBI at around Rs 1900-2000, says AK Prabhakar, Senior Vice President-Equity Research, Anand Rathi.
Prabhakar told CNBC-TV18, "Whenever there is a change in the management normally it is not good for PSU banks and that is what we have seen in State Bank of India. And the stock has made an exhaustion gap at the higher level and recently also there was a gap down level and it has taken a temporary support around Rs 2165 levels.”
He further added, “But sustaining at these levels is very difficult because everybody thinks State Bank is a value but whatever management meets is happening one more quarter of balance sheet cleaning can happen. So till then there can be some pressure in the bank but around Rs 2000 or 1900 levels it will be a very good entry point for a long-term investor.”
Disclosure: I don’t own the above stock but our clients will own stocks.


Source :  Moneycontrol

Wednesday, 1 June 2011

Live Quotes
02/06/2011    Thursday






Market Updates


Saikat Das Moneycontrol.com
Securities and Exchange Board of India is lagging far behind in its aim to get more retail investors into the stock market, its new chairman UK Sinha said on Thursday. The market regulator has now embarked on a strategy to simplify market investments in its bid to increase retail participation.
"India has 8% retail participation in market investments as against 20-33% in South Korea and China. We have huge work to do to increase retail participation," Sinha said.
The SEBI chief is also for increased penetration of capital market investments in smaller towns.
Presently only 2.6% of India’s total savings come to capital market, and 85% of total trading is from only 5 cities.
Removing bottlenecks for investing in capital markets is a key to getting more retail participation, Sinha said. For instance, the market regulator is working to simplify disclosures in initial public offers, which currently are too voluminous and unstructured, he said.

Source :  Moneycontrol

Wednesday, 11 May 2011

Stock Market World



' STOCK MARKET '        Different Peoples - Different Meanings

Stock Market is a morning bell of many peoples in world. Stock Market and Life is very close connection today, lots of peoles life depend on Stock Market.

If you know Stock Market then you must know this name   WARREN BUFFETT




Warren Buffett is the Greatest Stock Market investor of all time . . .


Warren Edward Buffett  ( born August 30, 1930 )  is an American investor, industrialist and philanthropist. He is widely regarded as one of the most successful investors in the world. Often called the "legendary investor, he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is consistently ranked among the world’s wealthiest people. He was ranked as the world's wealthiest person in 2008 and is the third wealthiest person in the world as of 2011.

Buffett is called the "Oracle of Omaha" or the "Sage of Omaha" and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. Buffett is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation. He also serves as a member of the board of trustees at Grinnell College.



Some Valuable Quotes of great Warren Buffett

“ In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right – thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
“ Be fearful when others are greedy. Be greedy when others are fearful.
“ When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.”
“ You only find out who is swimming naked when the tide goes out.”
“ Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
“ Risk comes from not knowing what you’re doing.”
“ I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.”
“ Price is what you pay. Value is what you get.”
“ The fact that peole will be full of greed, fear or folly is predictable. The sequence is not predictable.
“ I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”
“ It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
“ If a business does well, the stock eventually follows.”
“ Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”
“ Someone’s sitting in the shade today because someone planted a tree a long time ago.”
“ Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.”