Mutual Funds Investing - Evergreen tips for MF investing

Mutual Funds Agents are everywhere nowadays wooing the potential investors, but we should analyse the mutual funds and don't go by the words of these agents.

Always check for the NAV and dividend difference because dividends in mutual funds is our own money and if the dividend rises then the NAV amount decreases by the same amount hence providing no net addition to our hard earned money. So always Have a look at difference between growth and dividend option in mutual funds.

I met with some agents who told that premium can be stopped after 3 years or 2.5 years, which is again a wrong representation and a possible trap. We can stop paying in ULIP schemes after 1 year and would not loose 100 percent of our money so keep in mind that the Mutual Funds agents which tell that we can stop paying premium after 3 years or so is a wrong point as ULIP premiums can be stopped even before 3 years, there is just lock in period of 3 years.

Check out the percentage returns of the mutual funds in last few year's and purchase only if the return is substantially more then the returns from the Stock markets. One should always remember that A simple thumb rule is that anything beyond bank FD returns will always carry some level of risk, other wise why will someone buy FD at all if they can get some guaranteed returns.

Always ask for IRR of the policy before getting one for you, Also dont fall to the agents who say that money will double in just 2 years or three years that is totally ridiculous and false. Mutual funds gives from 10 to 17 percent generally.

So concluding the post by saying that analyse the policy properly, you can google about the basics of ULIPs anytime and yell out at agent which tries to fool you in future HAPPY INVESTING!!!

Weak Global cues drag BSE | NSE down at closing

Major Indian stock indices including BSE's SENSEX and NSE's NIFTY closed in red as weak global cues affected the investors outlook and greece worries also engulfed the environment. However according to me the markets would soon rebound as the news of greece's bailout becomes more clearer and substantial.

The Closing prices of major stock indices today are as follows:

NIFTY	5148.50
SENSEX	17134.17
MIDCAP	-1.75 percent
BSE REALTY	-2.76 percent
BSE METALS	-3.93 percent
BSE SMALLCAP	-1.75 percent

Temasek purchases 5% stake in NSE for 115 million dollars

US-based stock exchange NYSE today announced selling its five per cent stake in India's top bourse NSE to Singapore government's investment arm Temasek.

The deal marks exit of New York Stock Exchange from National Stock Exchange and Temasek's entry as shareholder.

The transaction has received the necessary regulatory approvals, NSE and Temasek said in a joint statement, but did not elaborate on the financial details.

NYSE had acquired 5 per cent of NSE in 2007 for 115 million dollars, valuing the bourse at about 2.3 billion dollars.

SENSEX | NIFTY closes in red as global cues weakens

(BSE closing rates 3/5/2010) - Market breadth was negative on the BSE with 875 declines against 424 advances.

Bombay Stock Exchange’s Sensex closed at 17386.08, down 172.63 points or 0.98 per cent. The index touched intra-day low of 17345.92 and high of 17536.86.

National Stock Exchange’s Nifty ended at 5222.75, down 55.25 points or 1.05 per cent. The index touched a low of 5210.05 and high of 5278.70 in today’s trade.

“Indices are likely to face resistance at the 17650-17800-18000/5310-5350-5400 levels (on Sensex and Nifty respectively). Any surge in the indices may see profit taking around the indicated resistances. Downside supports are placed at the 17350-17200-17050/5250-5220-5200 levels.

Depending on the global cues we expect to see an upward movement from the mentioned supports and trade could be influenced by strong moves sectorally. Any move until the said resistances shall be utilised to exit from long positions and look out for a sustainable move,” said Kalyan Reddy, technical analyst, Karvy Stock Broking.

BSE Midcap Index was down 0.40 per cent and BSE Smallcap Index slipped 0.33 per cent.

Amongst the sectoral indices, BSE Metal Index was down 1.74 per cent, BSE IT Index slipped 1.28 per cent and BSE Capital Goods Index declined 1.06 per cent.

Realty | Metals | Banks lifts SENSEX , Nifty closes in green

(posted under - BSE live, NSE live, BSE closing) - Updates from Indian Stock Markets closing for 29/4/2010 is as follows:(red color shows declines, green color shows increase)

NIFTY	5254.55
SENSEX	17497.20
MIDCAP	1.17 %
BSE REALTY	2.18 %
BSE BANKEX	1.72 %
BSE METALS	1.20 %
BSE FMCG	1.11 %
BSE SMALLCAP	1.32 %

SENSEX looses 310 pts as investor's loose 41k crores of investment

(posted under - SENSEX crashes, SENSEX stock updates)- Indian Stock markets nosedived today because of global cues especially the greek debt news and bailout news comes on.

Bombay Stock Exchange’s Sensex closed at 17405.35, down 285.27 points or 1.61 per cent. The index touched intraday low of 17344.58 and high of 17643.59.

National Stock Exchange’s Nifty ended at 5219.55, down 88.80 points or 1.67 per cent. The index touched a low of 5202.45 and high of 5308.25 in today’s trade.

BSE Midcap Index was down 1.52 per cent and BSE Smallcap Index moved 1.94 per cent lower.

All the sectoral indices ended in the red. BSE Realty Index fell 3.61 per cent, BSE Oil&gas Index declined 2.72 per cent and BSE Metal Index was down 2.21 per cent.

Market breadth was negative on the BSE with 1090 declines against 218 advances.

India's first currency derivatives exchange (USE) gets SEBI's approval

(posted under - USE India, United Stock Exchange) - So finally india's first currency and interest rates derivatives exchange USE(United stock exchange) got approval from SEBI for trading in currency and interest rate derivatives.

The approval was received after USE complied with all regulatory norms as specified by SEBI. United Stock Exchange has been given a very enthusiastic response from the market already wherein they received over 100 forms within few days of receiving the final approval. Both the Banking Fraternity and Broking Community have immense faith in United Stock Exchange declaring it a major competition to existing exchanges even before launch.

You may want to recall that in august 2009 ( read full post) Bombay Stock Exchange Limited (BSE), picked up 15% stake in United Stock Exchange (USE). USE, which will operate as a BSE Group Company, now brings together a consortium of key stakeholders - the exchange, banks, financial institutions - to drive the development and growth of the currency and interest rate derivatives markets.

Balance sheet for BSE ltd FY 2009-10 audited

Balance sheet of Bombay Stock Exchange ltd for finanacial year 2009-10 is as follows:

	Audited
Particulars	Quarter ended 31-03-2010	Quarter ended 31-03-2009	Year ended 31-03-2010	Year ended 31-03-2009
	Rs. in Crores
Average Daily Turnover	4,989	3,299	5,651	4,527

Income from :
- Trading Members	28.90	24.42	134.44	123.70
- Investment & Deposits	48.53	58.72	245.72	221.82
- Services to Corporates	18.45	6.24	59.15	29.24
- Training Institute	1.67	1.70	5.81	7.08
- Other Income	12.26	13.47	40.09	39.25
Total Income	109.81	104.55	485.21	421.09

Expenditure :
- Employee Costs
Salaries, Allowances and Bonus	8.50	5.14	37.42	22.72
Staff Welfare Expenses	3.98	1.18	5.67	4.15
Contribution to Provident and Pension Funds	0.81	0.44	2.33	1.73
Arrears of above Employee costs	----	----	4.26	----
Contribution to Gratuity Funds	3.28	0.53	3.28	0.53
Compensated Absence	1.36	0.04	2.90	0.36
- Computer Technology Related Expenses	16.62	15.41	60.63	48.16
- Advertising & Market Development Expenses	0.10	(2.90)	1.54	3.95
- Administration & Other Expenses	12.75	11.79	44.09	44.27
- Depreciation	6.67	7.92	34.89	29.20
Total Expenditure	54.07	39.55	197.01	155.07

Profit Before Tax	55.74	65.00	288.20	266.02
Tax Expenses	10.96	17.03	75.26	53.84

Profit After Tax	44.78	47.97	212.94	212.18
Earning Per Share – Basic & Diluted (in Rs.)	4.19	4.26	18.30	18.67
Paid-up Equity Share Capital (Face Value Re.1/-)	10.33	10.31	10.33	10.24
Reserves	----	----	1,881.74	1,717.95

download original copy
source - bseindia.com

BSE | NSE closing rates - 22-april-2010

(posted under - BSE rates, NSE live) - Indian Stock markets closed in green today as RIL and SBI lead the 30 share index.
Bombay Stock Exchange’s Sensex closed at 17,573.99, up 101.43 points or 0.58 per cent. The index touched a high of 17778.34 and low of 17408.02.

National Stock Exchange’s Nifty was at 5269.35, up 24.45 points or 0.47 per cent. The broader index hit a high of 5331.80 and low of 5221.10. BSE midcap index was however in red but all the other sectoral indices closed in green.

The Sectoral updates for the day at closing is as follows:

Sectoral index	Closing remarks
BSE Midcap Index	Down 0.07 %
BSE Smallcap Index	Down 0.07%
BSE Auto Index	Up^0.9%
BSE Bankex	Down(-1.96) %
BSE Oil&gas Index	Up^1.25%
BSE Realty Index	Down(-1.34) %

Biggest Sensex gainers were State Bank of India (5.58%), Tata Motors (3.34%), Hindustan Unilever (2.09%), Reliance Industries (2.03%) and Jaiprakash Associates (1.73%).
Market breadth on BSE ended on a positive note with 1493 advances against 1404 declines.

Back with a bang!!

hello everyone , i am back and would start updating with the bse and NSE analysis , It was a long break almost two months since i last posted....
so happy trading....and cheers!! and yes life has changed from bachelor hood to married man :)

Indian Stock Markets close in red Rcom M&M Drag

(Posted under - SENSEX closing, Nifty Closing) - Major indian share indices closed in deep red today as profit making griped the markets.

Bombay Stock Exchange’s Sensex closed at 16148.55, down 207.48 points or 1.27 per cent. The index touched an intra-day low of 16129.11 and high of 16525.98.

National Stock Exchange’s Nifty ended at 4824.95, down 74.75 points or 1.53 per cent. The 50-share index hit a low of 4814.10 and high of 4951.15.

BSE Midcap Index fell 1.28 per cent and BSE Smallcap Index declined 0.86 per cent.

Biggest Sensex losers comprised Jaiprakash Associates, Reliance Communications , Mahindra & Mahindra, NTPC, Grasim Industries and Maruti Suzuki .

Market breadth on BSE remained negative with 1788 declines against 1106 advances.

Top companies loose on Market Capitalization

A whopping Rs 73,000 crore was eroded from the market capitalisation of seven of the top 10 firms last week and during the period the benchmark Sensex fell below the psychologically crucial 17,000-mark.

The country's largest iron ore producer NMDC, which will come out with a follow-on public offer to divest 8.3 per cent, was the biggest gainer. It jumped to the third place from fourth in the list of top 10 companies going by their market valution. NMDC added Rs 21,429.21 crore to its valuation to end the week at Rs 2,11,120.28 crore.

Mukesh Ambani-led Reliance Industries, the biggest company by m-cap, also lost Rs 18,421.28 crore. Its valution stood at Rs 3,46,126.17 crore at the end of of the week.

The state-run power behemoth NTPC slipped to fourth place from third after losing Rs 8,245.46 crore. Trading firm MMTC down by Rs 8,733.75 crore is at the fifth place. Its total valuation declined to Rs 1,83,461.49 crore.

Another PSU MMTC's m-cap dipped to Rs 1,75,675.25 crore. Software giants TCS and Infosys Technologies together lost Rs 13,053.11 crore.

TCS is at the sixth place at Rs 1,47,788.17 crore and Infosys at Rs 1,47,574.71 crore is at seventh place. Country's largest public sector lender SBI, eighth in the list, witnessed an erosion of Rs 3,415.65 crore, bringing its total valution to Rs 1,32,702.62 crore.

Private telecom services provider Bharti Airtel Bharti Airtel's stood at ninth spot with a total valuation of Rs 1,21,996.32 crore. Bharti Airtel posted 2.3 per cent rise in third quarter profit at Rs 2,210 crore.

However we can see better days ahead :) my fingers are crossed