Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
Market Institutions
Tracked by: 0 Boarder
SGX CNX Nifty October contract was up 2% today, but slightly
off highs, in line with gains in most Asian equities.
was at 3370.00, up 66.50 points, or 2%, from Friday.
...
Tracked by: 0 Boarder
Udayan...this one is for you...Its surprising to see how these FIIs are getting an exit route everyday in a free falling bear market with no circuit filters on stocks or indicies on a daily basis. Isn`t it apparent that there exit is being made easy by market operators especially if you see the volunes they trade. Especially when you compare it with when retail investors are choked for exit on such low volumes.......
Tracked by: 0 Boarder
Drastic changes in market pattern
Nifty crossed stop loss
Seems to be going more on lower side.
No chance today for it to come back to 3650 level.
Get ready for blood bath.
Nifty moving to 3550.
...
Tracked by: 0 Boarder
Main Asian share indices at 8:30AM India time
Following are the levels of key Asian shares indices at 8:30AM
India time today:
.
Index
Japan\`s Nikkei 225 10,148.46, down 324.63 points or 3.10%
Hong Kong\`s Hang Seng * (Monday) 16,803.76, down 878.64 points or 4.97%
Singapore\`s Straits Times 2,160.90, down 7.42 points or 0.34%
South Korea\`s Kospi 1,347.01, down 11.74 points or 0.86%
Australia\`s S&P/Asx 200 4,520.40, down 20.00 points or 0.44%
New Zealand\`s NZX 50 2,984.36, down 64.01 points or 2.10%
Thailand\`s SET 551.80, down 38.25 points or 6.48%
Malaysia\`s Kuala Lumpur Composite 990.98, down 5.86 points or 0.59%
Indonesia\`s Jakarta Composite 1,623.66, down 25.08 points or 1.52%
China\`s SSE Composite 578.95, down 11.97 points or 2.03%
Taiwan\`s Taiex 5,430.91, down 74.79 points or 1.36%
Philippine\`s PSEi 2,441.47, down 58.06 points or 2.32%
Sri Lanka\`s Colombo ASPI 2,155.19, down 0.34 points or 0.02%
Pakistan\`s Karachi 100 9,178.97, down 0.71 points or 0.01%
Bangladesh\`s DSI 2,426.39, down 60.48 points or 2.43%
...
Tracked by: 0 Boarder
Nifty fut heading for 3635, new low...
Tracked by: 0 Boarder
Sensex Down 604 Points At 11914 At Day\`s Low...
Tracked by: 0 Boarder
As trading volumes on the bourses continue to shrink, stock brokers expect a sharp fall in their income in the coming quarters.
Average daily turnover dropped by more than 40 per cent on BSE in the past nine months.
Those with high cost structure are the worst hit. Many are now looking for alternative avenues of income and resorting to cost-cutting measures, said the head of a broking firm.
If the trend continues, many sub-brokers and small traders may be driven out of business soon, he added.
The average daily turnover dipped by more than 40 per cent on the BSE in December-August period. The average daily turnover on BSE came down to Rs 4,996 crore in August 2008 from Rs 8,606 crore in December 2007.
On NSE too, the average daily turnover fell by nearly 40 per cent during the same period.
As on September-end, the Sensex has fallen by 38 per cent since its January highs.
“We are faced with a bleak festival season ahead,” said a sub-broker whose business has been hit badly in the past few months.
“Diwali aa rahi hai, par hamara toh diwala nikal gaya hai,” said a broker. (While Diwali is round the corner, we are left with nothing to celebrate.)
Broking is a cyclical business. When the market is down, broking business will take a hit. Those having a high cost structure will be the worst hit; so, this is the time you will have to cut costs, said Mr C.J. George, Managing Director, Geojit Financial Services.
Some broking firms are now diversifying into new businesses such as distribution of insurance and mutual fund products and focusing on portfolio management business.
They (brokers) are trying to woo high net worth individuals (HNIs) to increase business by giving them concessions which might violate SEBI rules, said an analyst.
For example, brokers are supposed to collect upfront margins before a transaction and full payment on T+2 basis but they are just taking a few shares as deposit from clients and allowing them to trade for a long period without collecting the money due on T+2 basis.
If at all they want to give a longer free period to client, the broker must register the client under its NBFC for a loan entry to offset a debit in cash account. But this is also waived by the brokers to keep the HNI clients in good mood and induce them to trade more, he said.
Shares of most broking firm are trading near their 52-week low.
However, diversified broking firms such as Centrum Capital could more or less survive the general fall in the market.
...
Tracked by: 0 Boarder
World over we get to listen about ban on short selling.
I personally feel Bulls are poor loosers. When market was rising they did not complain about short selling and enjoyed the money bears lost.
Now when bulls are on the wrong side ... they are crying.
If the institutions are banning short selling, they should also ban margin purchases, BTST for 8 years.
Else, institutions are not providing level playing field.
Also, it means that the policy makers are intentionally creating structures that support bulls....
Tracked by: 0 Boarder
The Bombay Stock Exchange (BSE) will launch exchange-traded rupee futures today, 1 October 2008. In August 2008, the National Stock Exchange of India (NSE) kicked off exchange-traded currency futures trading.
...
All analysts prdicted a fall of 500 to 1000 points today and some of them said it is impossible
today to get away with 1% or 2% cut but at this moment when market is up over more then 200
points they all were proved terribly wrong.
My question is that why these so called \"Godfathers of Market\" come on TV and start giving their
views, when they dont know anything about it. Just because Dow Jones was down last night they
predicted a huge fall taday morning (even meterological department could have prdicted
that).Remember when market was going up these analysts prdicted that by the end of 2008 market
would be at 25000 and in 2009 it would be around 40000 and look where it is today? now they will
give an excuse of subprime crisis in US. but i just want to tell u that sub prime crisis in US
was there (last year during august- september) and our market went up from 14000 to 21000 in a
span of 3 months. At that time these analyst said that Indian market has totally decoupled from
the rest of the world and specially from US. now where that theory has gone.
For last few days these analysts are predicting that new range for market is 14000-15000 and look
where market is today? now they are predicting that market can go to 10000 or even lower. how can
they become so bearish in such a short span of time. These are the same analysts who were
recommending you to buy when market was at 21000 and now they are advicing you to sell everything
and sit on cash. when someone has lost 50% of his capital how can he sell his stocks. They will
never advice you to buy when market is falling but the truth is that when should buy when market
is going down and sell when it is going up. They advice just opposite of this.
My suggestion to all friends on Moneycontrol is not to listen to these analyst before buying or
selling any stock because they are also as knowledgable as you are and they too get panicky like
us when market falls. My view is that these analysts who are paid by these business channels must
be made accountable for what they say on TV or atleast they should be asked next day about the
views given by them a day before. A poll should be conducted at Moneycontrol and analyst getting
more votes should be invited on TV to air their views.
...
Tracked by: 0 Boarder
Market is running and trying to catch 13000 train before closing. Market is n good mood both Sensex and Niftyu are in well dress and ready to parade at 13000 and 3978...
Tracked by: 0 Boarder
Securities and Exchange Board of India (SEBI) on Tuesday said it did not have concerns that institutional investors were short-selling stocks and added that no change in the rules governing short selling was expected.
\"The market surveillance system is already in place. There are no worries on that front. We have no apprehension that institutional investors are short selling,\" Securities and Exchange Board of India Chairman C.D. Bhave told reporters.
Sebi Chairman: Foreign Funds Will Again Start Buying India Shares When Attractive
Bhave: Foreign Investors Will Sell In India Mkt If There Is Redemption Pressure Abroad
Sebi Chairman Cb Bhave: There Is No Evidence That Institutional Investors Violated Short Selling Rules.
-R M India courtesy ...
Tracked by: 0 Boarder
Fin Min Official Says India Economic Fundamentals Strong...
Tracked by: 0 Boarder
Sebi chairman:
Difficult to judge impact of global fin mkt turmoil on india at the moment
Keeping market under watch, says no apprehension that foreign institutions are short selling.
R M India courtesy -
...
Tracked by: 0 Boarder
Sensex Extends Losses To 300 Points; Realty, Banking Index Down Over 5 Pct...
Poll
Udayan's Market Outlook
 |
Nifty likely to go back 3700-3800 level | |
| ||
| Udayan Mukherjee, Stocks Editor, TV18 | ||
 |
Popular Boarders 7days| 285 | |
| 188 | |
| 145 | |
| 133 | |
| 124 | |
Top Tracked 7days| 709 | |
| 695 | |
| 571 | |
| 469 | |
| 437 | |
Prolific Boarders 7days| 415 | |
| 396 | |
| 355 | |
| 328 | |
Explore Moneycontrol
