Since the election results (16-May-2009) Indian stock market has been on a roll , reason being expectation that the re-elected Govt will announce more
Measures for economic growth and stability. But again what we are seeing is the ugly raise of the P-note gambling money coming back and moving the stock prices high , if one observes the BSE Small and Mid-Cap and NSE 100 have raised higher than the benchmark index, more than 1000 stocks have raised more than 50% from their lows in a span of 3 weeks !!!!! . My view is to be more cautious and wait till the new FM announces the interim Budget 2009 in July. With many views that global economy is stabilizing and so on , only time will tell us how it will all span out. For now pls choose gold as your investment for some time, you can either buy actual gold or better yet invest in Gold ETF funds like BENCHMARK GOLD ETF, KOTAK GOLD ETF, QUANTUM GOLD ETF , RELIANCE GOLD ETF and UTI GOLD ETF . NOTE : Only QUANTUM GOLD ETF offers the best deal for small investors , they allow you to buy 0.5gm instead of 1gm gold by all others which means their unit price is 50% less than other listed ETFs which is very good for small investors, thanks Quantum.
As of 27-May-2009 these are the ETF prices
QUANTUM GOLD ETF - 717.02/-
All other GOLD ETSs - 1410/ (Avg)
Monday, May 25, 2009
Tuesday, May 12, 2009
Is Maruti planning to compete with TATA Nano ?
In a press release today Maruti has announced that its increasing its R&D head count to help tune M800 & Omni engines to comply with BS IV norms
If they crack this then we are well on a way for some heated price competition between M800 and TATA Nano , such competition is welcome since the customer is up for gains. Best wishes to Maruti and its R&D Team.
Maruti is also expecting it exports to increase due to demand for small cars from all developed nations, now even they feel cars need to be fuel efficient and economical.
According to a leading daily Maruti is expanding its rural reach by doubling its rural outlets , according to the press release its set to increase its rural outlets from 231 to 450 in the next two years. By this time, the total number across the country will be closer to 1,000, up from the existing 680 dealerships.
With most of its recent release being major success, its set its eye on the new Launch Maruti 'Ritz' which is set to launch on 15-May-2009, its all going weel with Maruti,Maruti is a good stock to invest in long term.
If they crack this then we are well on a way for some heated price competition between M800 and TATA Nano , such competition is welcome since the customer is up for gains. Best wishes to Maruti and its R&D Team.
Maruti is also expecting it exports to increase due to demand for small cars from all developed nations, now even they feel cars need to be fuel efficient and economical.
According to a leading daily Maruti is expanding its rural reach by doubling its rural outlets , according to the press release its set to increase its rural outlets from 231 to 450 in the next two years. By this time, the total number across the country will be closer to 1,000, up from the existing 680 dealerships.
With most of its recent release being major success, its set its eye on the new Launch Maruti 'Ritz' which is set to launch on 15-May-2009, its all going weel with Maruti,Maruti is a good stock to invest in long term.
Monday, May 11, 2009
Recent Rally in BSE and NSE
The recent rally in all markets across the global seems more like speculators gamble to get them out and trap innocent and small investors. Small investors always end up in timing the market and end up in such traps. If you see some stock in BSE & NSE they have almost doubled in the past 40 days
But there are no sound reasons for this. According to a leading daily some 300 odd companies have seen there stocks double in from their lows during last 3-6 months and its interesting to see that all kinds of stocks mid-cap,large and small caps have this pattern of sudden interest and increase in value. It is also nice to see real estate stocks moving up.
With election results round the corner (16-May-2009) our markets will be very volatile and if there is no stable Govt in the center then we are in deeper trouble , as though the world crisis was not enough for us we will also have local instability. Any party other than Congress lead or BJP lead form the Govt its going to be a reverse gear for many of the reforms , they would only work on their own party agenda and most of these local parties don’t have national interest nor do they have ministers capable of handling our economy.
Its better to stay away till month end and then start investing in chunks (SIP) rather than investing in single mode and we are in a way blessed in such markets that we can buy some quality stocks at reasonable price and expect good returns in a time frame of 4-6 Yrs.
But there are no sound reasons for this. According to a leading daily some 300 odd companies have seen there stocks double in from their lows during last 3-6 months and its interesting to see that all kinds of stocks mid-cap,large and small caps have this pattern of sudden interest and increase in value. It is also nice to see real estate stocks moving up.
With election results round the corner (16-May-2009) our markets will be very volatile and if there is no stable Govt in the center then we are in deeper trouble , as though the world crisis was not enough for us we will also have local instability. Any party other than Congress lead or BJP lead form the Govt its going to be a reverse gear for many of the reforms , they would only work on their own party agenda and most of these local parties don’t have national interest nor do they have ministers capable of handling our economy.
Its better to stay away till month end and then start investing in chunks (SIP) rather than investing in single mode and we are in a way blessed in such markets that we can buy some quality stocks at reasonable price and expect good returns in a time frame of 4-6 Yrs.
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