Can OBAMA make the "Change"??? as America Scripts History

Hi friends, This title might make you wonder at the spell of the word ‘OBAMA’ and make u think as if ive shifted my focus to politics. Not Exactly, Politics and Finace in terms cant be seperated as both are dependent on each other. So are you thinking as wat has this ‘Obama’ to do with finace and share market??? Read further….

The newly elected charm and energetic 47-yr old American President Barak Obama has turned on every camera towards him and now the world is keenly watchin as what is goin to be the next major move of America. “Can obama solve a solution to global crisis???” is a major issue among the public.

Well, its tough to predict. But i was amazed on lookin at the markets today. Man DOW in Red!!! NIFTY below 2900!!! sensex goin back to 4digits!!!! where are we headin to??? Is this the true impact of the American elections???

“Obama is not a bad news for IT stocks” claim news reporters as Obama’s Victory is wished by top officials of our country. Startin from our beloved PM quoting this an ‘extraordinay’ victory followed by Mr.Chidambaram sayin confidence on “US relations in the future wont affect oursourcing” and lots of leaders givin postive notes on obama’s win. Adding to these venugopal Dhoot, CMD, Videocon, states “This win could not curtail the India employement as US requires Indain brain”

But today right from the start markets were bearish worldwide. On seein the markets shall i say America still doesnt have hope on itself OR is it makin a steady race to the path of victory.(hmm… who cares, until our jobs are safe he he)

Now the question is, Can Obama really bring the “change” as promised by him??? Are these wishes from everyone just a temporary healing for the deep wound of global crisis??? hmm… lets watch the game 🙂

Attractive as never before!!!! Its worth buying….

Markets are creating history everyday and that too the markets were too bearish today as sensex fell below the 8K index and Nifty fallin below the 2300 mark.. Where are we heading to??? Is there any scope for the future??? these questions might be hitting your thoughts…

Asian markets are all in the red and this is coz of the crisis in the confidence of investors which leads to continous selling. All are expecting some Policy action from the government to calm investor sentiment, but still it has not been forthcoming is a fact of disappointment to all.

Experts say valuations are attractive as never before and its thier advice to opt for buying. Inspite of the CRR cuts fromt the RBI they couldnt make it up is a pathetic situation. Also rupee agains dollar crossin the 50 mark is adding more pressure on the markets.

sources say the Sensex has fallen 62% in 198 days and It has fallen 40% in Ocober, or from 13,203 to below 8,000.

hmm… lets watch the game as it goes.. 😀

Market Analysis…..What the Charts say???

Everywhere people have started to speak about the markets. hmm.. A few days back I was in a saloon and guys there were talkin about current markets, lehman crash this and that just as rumors they heard. I was thinking in my mind, Man India in awakening!!!! So just thought why dont i write something about what the charts have to say to a normal man.

Markets on the present scenario can be analysed on vrious factors and on various angles, but let me in short, just give you the analysis of bse and nse index alone in a way that gives you the gist of the current scenario.

Sensex on friday closed at 12523.3 pulling down 529 points and reviewers say the house representatives rejecting the bailout package was also a reason. The 12100 level is a kind of the last hope for the bulls as a break of the level could see the index sliding to 10300 and further deeper down to 9000 in the coming days. All are keenly awaiting for the movement of index over the next two weeks coz thats the key to determining the long-term road ahead.

And when it comes to Nifty (3818.3), it too recorded an intra-week low. Sources say failure to move above 4070 in the early part of the week would cost the markets seriously. Volumes have also recorded low. Also the sharp decline in assest prices in recent times has made many investors fearful of the stockmarket and still markets remain stressed.

Who knows what happens next…. Lets watch the game as it goes… 🙂

STOCK EXCHANGE…. Do we really need it???

Hi all…. Got an interesting comment from one of the readers a few days back and so thought of updating a post regarding what is an “STOCK EXCHANGE” and is it mandatory for share trading. To view the comment that inspired this post, you can click here…

Though I have briefed him the answer there, just thought of making a post so that lots of readers can be benefitted too…

In an expert point of view “A stock exchange in short is a corporation or mutual organization which provides facilities for stock brokers and traders, to trade company stocks and other securities. Stock exchanges also provide facilities for the issue and redemption of securities as well as other financial instruments and capital events including the payment of income and dividends”. The stock exchange trades includes shares issued by companies, bonds and other pooled investment products. To be able to trade a stock on a certain stock exchange, it has to be listed there.

There were lots of stock exchnages in our country such as coimbatore stock exchange, Bangalore stock exchange, Ahmedabad stock exchange, Hyderabad Stock Exchange, Cochin stock Exchange and lots more but only the stock exchanges that has quite a large number of stocks are listed for trading online or to say they are allowed to be viewed globally representing the particular country. All such stock regulations in our country are handled by a single governing body called SEBI (securities and Exchange Board of India)

The Bombay stock Exchange(BSE) has a nation-wide reach with a presence in 417 cities and towns of India. The S&P CNX Nifty, or simply Nifty, is the leading index for large companies on the National Stock Exchange(NSE) of India. It consists of 50 companies representing 24 sectors of the economy.

No Stock Exchanges!!!… Then no Trading!!!… 😦

SENSEX!!! NIFTY!!!…. What are they???

Hi all… somehow or the other we all would have come accross the two familiar terms “Sensex” and “Nifty”. Have you ever thought why it changes frequently during trading hours and how it is been impacted by share traders???

Just read on…

“SENSEX” is the benchmark index for the Indian stock market. It is the most frequently used indictor while reporting on the current scenario of the market. The Sensex is an indicator of all the major companies of the BSE. In the same way the the NSE has an index called the “NIFTY” (officially known as S&P CNX Nifty, which we will see later) which indicates all the major companies of the NSE. This name credits just the 50 stocks that comprise its index.

If the Sensex rises, it indicates the market is going well. Since stocks are supposed to reflect what companies expect to earn in the future, a rising index indicates investors expect better earnings from companies and vice versa

The BSE is situated at Bombay and the NSE is situated at Delhi. These are the major stock exchanges in the country. There are other stock exchanges like the Calcutta Stock Exchange etc but they are not as popular as the BSE and the NSE. Most of the stock trading in the country is done though the BSE & the NSE.

And guys, Besides Sensex and the Nifty there are many other indexes. There is an index that gives you an idea about whether the mid-cap stocks go up and down and it is called the BSE Mid-cap Index. There is also an index for the metal stocks and many such index are there, which we will see in the forth coming posts….

To visit NSE website click Here… To visit BSE website click Here…