Top 5 updates from BSE for today

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Following are the top updates from Bombay Stock Exchange for today after markets closed almost flat.

-Hero Honda stock slips 5% on JV split details
-JSW Steel issues shares on preferential basis to Japan's JFE
-Murli Industries continues to fall, tumbles 9.5 per cent on BSE
-ONGC, Kazakh oil field agreement delayed
-Suzlon to asborb 2 fully owned units
-State Bank hikes deposit rates by up to 150 bps

Indian stock markets closes almost flat

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Major indian stock indices remained flat today as investors booked profits, Both Bombay Stock Exchange's SENSEX and National Stock Exchange's Nifty closed almost flat today as SENSEX closed just shy of 20K mark.

The 30 component Sensex closed at 19981.31, up just 14.38 points . The index touched intraday high of 20217.86 during intraday trading today.

NSE's broader index Nifty closed at 5992.25, down 0.55 points. Touching a high of 6069.45 in day trading.

Checking sector wise BSE Bankex fell 2.37 percent, BSE FMCG Index closed down by 0.38 percent and BSE Realty Index is down by 0.36 percent. However BSE Metal Index was up 2.30 percent and BSE Oil&gas Index moved 0.84 percent higher at closing today.

BSE's SENSEX | NSE's NIFTY smiles at closing

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Benchmark Indian stock indices closed up today by about 1 percent today, The 30 component Bombsy Stock Exchange's SENSEX climbed up by 142.70 points to 19,992.70. Touching 20,084.25 points during intraday trading today.

The broader index National Stock Exchange's NIFTY also closed up by 50.80 points to 6,011.70 at end of day today.

Company wise closing rates of SENSEX for today are as follows:

Company Name

Industry	Last Price	Change	%Chg	Mkt Cap(Rs cr)	Weight
ACC	Cement - Major	999.95	2.40	0.24	18,793.06	0.63
Bharti Airtel	Telecommunications - Service	346.35	-5.00	-1.42	131,527.45	4.40
BHEL	Engineering - Heavy	2,211.00	-0.50	-0.02	108,232.87	3.62
Cipla	Pharmaceuticals	364.05	-1.30	-0.36	29,230.35	0.98
DLF	Construction & Contracting - Real Estate	321.10	2.20	0.69	54,504.53	1.82
HDFC	Finance - Housing	704.15	5.55	0.79	103,009.62	3.44
HDFC Bank	Banks - Private Sector	2,390.90	28.20	1.19	110,743.03	3.70
Hero Honda	Auto - 2 & 3 Wheelers	1,788.25	-140.15	-7.27	35,709.12	1.19
Hindalco	Aluminium	218.40	4.80	2.25	41,791.14	1.40
HUL	Personal Care	296.15	-1.05	-0.35	64,629.40	2.16
ICICI Bank	Banks - Private Sector	1,190.15	23.20	1.99	136,966.03	4.58
Infosys	Computers - Software	3,095.45	40.90	1.34	177,689.56	5.94
ITC	Cigarettes	170.70	-0.75	-0.44	131,420.78	4.39
Jaiprakash Asso	Construction & Contracting - Civil	112.40	-1.20	-1.06	23,901.11	0.80
Jindal Steel	Steel - Sponge Iron	669.40	8.70	1.32	62,518.15	2.09
Larsen	Engineering - Heavy	2,011.10	-17.45	-0.86	122,235.67	4.08
Mah and Mah	Auto - Cars & Jeeps	789.35	-11.65	-1.45	46,817.04	1.56
Maruti Suzuki	Auto - Cars & Jeeps	1,407.85	-4.95	-0.35	40,674.20	1.36
NTPC	Power - Generation/Distribution	183.05	-3.30	-1.77	150,933.23	5.04
ONGC	Oil Drilling And Exploration	1,313.05	24.55	1.91	280,844.66	9.38
Reliance	Refineries	1,009.50	19.40	1.96	330,346.99	11.04
Reliance Comm	Telecommunications - Service	141.80	4.55	3.32	29,267.90	0.98
Reliance Infra	Power - Generation/Distribution	874.20	3.30	0.38	21,406.56	0.72
SBI	Banks - Public Sector	3,097.75	-7.35	-0.24	196,706.54	6.57
Sterlite Ind	Metals - Non Ferrous	169.70	5.15	3.13	57,046.38	1.91
Tata Motors	Auto - LCVs/HCVs	1,320.35	32.20	2.50	80,684.65	2.70
Tata Power	Power - Generation/Distribution	1,301.20	-11.40	-0.87	30,878.42	1.03
Tata Steel	Steel - Large	622.15	8.50	1.39	56,131.26	1.88
TCS	Computers - Software	1,091.90	15.95	1.48	213,708.96	7.14
Wipro	Computers - Software	425.20	10.65	2.57	104,259.04	3.48

Sector wise performance of Bombay Stock Exchange was seen as following:

Index Name	Last Trade	Change
BSE 30	19,992.70	142.70(0.72%)
AUTO INDEX	10,261.33	30.59 (0.30%)
BANKEX	14,194.13	171.80(1.23%)
BSE - 100	10,542.31	72.96(0.70%)
BSE - 200	2,516.19	17.56 (0.70%)
BSE - 500	7,934.33	59.52(0.76%)
BSE - CAPITAL GOODS	15,449.01	40.08(0.26%)
BSE - CONS. DURABLES	6,626.77	88.45(1.35%)
BSE - FMCG	3,591.15	2.08(0.06%)
BSE - HEALTHCARE	6,717.59	34.01(0.51%)
BSE - INFOTECH	6,190.22	89.45(1.47%)
BSE Mid-Cap	8,068.69	85.09(1.07%)
BSE PUBLIC SECTOR	9,643.67	56.98(0.59%)
BSE Small-Cap	10,163.48	112.62(1.12%)
BSE TECK INDEX	3,760.93	36.85(0.99%)
METAL INDEX	16,395.13	239.08 (1.48%)
OIL & GAS INDEX	10,360.48	149.69 (1.47%)

The Sectoral performance of National Stock exchange's sub-indices is recored as follows:

Index Name	Last Trade	Change
S&P CNX NIFTY	6,011.70	50.80 (0.85%)
S&P CNX DEFTY	4,602.00	64.75 (1.43%)
CNX NIFTY Junior	12,683.90	46.60 (0.37%)
S&P CNX 500	4,916.20	39.90 (0.82%)
CNX MIDCAP 200	9,176.60	47.95 (0.53%)
BANK NIFTY	12,472.60	161.85 (1.31%)
CNX IT	6,827.60	104.30 (1.55%)

The bullish run for higher then expected GDP numbers continues as SENSEX has risen by 700 points this week with one more day to go.

Strong GDP no's lift SENSEX | NIFTY

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Major Indian Stock indices including Bombay Stock exchange's 30 component SENSEX and National Stock Exchange's NIFTY closed on a high note after markets received strong Q2 economy growth of 8.5 percent.

The benchmark large cap SENSEX is happy to hear gdp news and thus closed over 19500 levels today Sensex close at 19521.25, up 116.15 points and touched high of 19610.46 in intraday tradingsession.

Most of the sectoral indices also closed up with BSE Realty Index gaining 5.67 percent, BSE Power Index also gained 1.84 percent and BSE PSU Index added 1.73 percent. BSE Oil&gas Index was however down by 0.56 percent.

Market breadth was also positive on the Sensex with 19 advances against 11 declines hence showing mixed sentiments.

The broader index National Stock Exchange’s Nifty closed at 5862.70, up 32.70 points today.

10 Stock Investing tips in Warren Buffett way

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From the time when my interests in Stock markets everincreased, I always wanted to know how the legendary investor Warren Buffett invested in stock markets. There are so many people who invest their money in stock markets but still none of them has come even closer to the future which Warren Buffett has made out of investing in Share markets in USA, There are few things which are different between today's normal investor's(In which all TV channels analysts and modern day investors come), and the other is Warren Buffett.

I have read the Book "The Warren Buffett Way" and recommend reading this book for all the fellow investors and followers. You can also gain some insight from best books for stock markets available today and my take from "The Warren Buffett way" book can be read here.

This post is dedicated to legendary stock investor Warren Buffett, and describes 10 stock investing tips which are non-failing and are followed by Warren Buffett or are derived from his life style and analysis of the stock markets, Do remember that his worth of >50 billion has come from investing in stock markets for long term.

So here are the 10 stock market investing tips or the Warren Buffett way of investing:

1. Be Self-Dependent : Stock investment is one field where a person should not depend on any body else for some sort of advice as there is no gurranteed advise in stock market investing, One should invest by following his/her own intellect/analysis and should remain away from stock market advisors as according to me they are sheer fools who dont know anything and put our hard earned money into risk.

2. Be Simple-live Simple - Extravagant lifestyles make a person a money guzzler, and chances of having such lifestyle are too high if in past you have made some fast bucks from stock markets thinking that you will always make profit out of it.
Warren Buffett is following a simpler lifestyle and focuses on investing in correct stock by sheer analysis and forgetting about all the worldly pleasures which are simply nothing but insane. Living a simple life would help in having more money for more investing.

3. Invest in stocks you know - Like the legendary investor Warren Buffett one should always invest in companies whose working is familiar to him/her, this reduces the risk of failure/loss while making the investment decision.

4. Make your own path - For making huge profits from the stock markets one should not go with the crowd, most of analyst out there are strictly short term once and nonreliable, dont simply do what all are doing and remember due to such shortsightness in stock markets the SENSEX come down to 14k levels couple of years back, just follow what your brain says without any concern about anybody.

5. Believe in Indian Economy - Anybody who wants to invest in Indian stock markets should not consider change of govt or any emergency as time to sell the stocks, always have faith in economy as the fundamentals of indian economy are very strong as grey economy runs alongwith legal economic data, this was the reason why indian Companies hardly went into any type of recession.

6. Buy when stock is undervalued - The best time to buy a stock for long term is when all others are selling it, this is time when the stock would be undervalued and you can make huge returns on your investment. Buffett doesn't pay much attention to earnings per share, a common measure of value. Instead, he likes to see companies with good return on equity, solid operating margins and reasonable or no debt.

7. Invest in Innovative company - According to Warren Buffett one should always look for companies which are very active innovator and have patents in their field, the problem with indian companies is that these are more copycats and no innovators but still invest in companies which are holding patents in their fields as such patents keep competitors at bay.

8. Purchase huge stocks - Most of the investment companies in india wants to do diversified stock investment for minimising the losses, but if a person has to make big bucks then he should keep on purchasing the stock which he has well analysed and should not diversify, this is again thinking different from the crowd.

9. Be a lifetime player - Whosoever said that stocks are meant to be sold is a fool, always keep on adding the stocks without thinking about selling, if you purchase a stock by keeping selling in mind then you would probably make mistake in both the tasks.

10. Wait for Stock market crash - One should always wait for the stock market crash and should think this as oppurtunity to purchase even more stocks, Market crashes bring the stocks to minimal levels thus making all of them undervalued just because of some temporary economic fluctuation, just wait for such time and purchase.

Indian Stocks close in red | LIC housing, PNB, Central bank nosedives

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As news about CBI arresting some of the top management of LIC housing finance, Punjab National bank and Central bank over scam in home loans allotment reached the Dalal Street, The impact was immediate. Stock prices of the LIC housing finance tumbled and were down by a whopping 18.88 percent, whereas stock prices of other PSU banks also nosedived as investors wanted to safeguard their money. Stock prices of Central Bank of India nosedived by over 8 percent and that of Punjab national bank also fell by 2.33 percent at closing today. Makes me think whether all the PSU's working is crystal clear?? I think if we investigate each and every PSU balance sheets there would be inflated numbers in liabilities for sure which actually might not exist at all, so people who have invested in PSU thinking as safer option might lose their money until government of India finally take over them for safeguarding the stakeholders...what an Irony in indian stock markets.

Already Indian stock markets are the most volatile stock markets of world and such news further makes the investors think whether the present price levels are actually fit or are overpriced, Investing in such volatile conditions requires great analytic acumen and the 3 most important tips for investing in volatile markets(read full post)

Coming back to the stock market's todays report, the impact was obvious BSE bankex fell by nearly 3 percent today. The Bombay Stock Exchange's benchmark index Sensex closed at 19459.85, down by huge 231.99 points. The 30-share index touched high of 19835.57 during intraday trading today.

The broader index National Stock Exchange's Nifty was no different and closed at 5865.75, down by 69 points and touched a low of 5833.60 in day trading today.

The stock prices of all the PSU's whose working is under CBI radar are all set to fall further tomorrow as well until the finance ministry makes some strong statement for protecting the shareholder's interests.