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Thursday, June 21, 2012

Retirement Calculator


Are you planning for your retirement?

Here is a neat calculator that would help you find out how much you have to invest now.


Retirment Calculator


Are you planning for your retirement?

Here is a neat calculator that would help you find out how much you have to invest now.


HDIL - Overweight


 HDIL - Overweight

Recent IPO Listings - Review



Co. Name
BSE
Code
Offer
Price
Listing
Date
Listing
Price
Prakash Constrowell
533605
138
4-10-11
145.00
RDB Rasayans
533608
79
7-10-11
85.00
Tijaria Polypipes
533629
60
14-10-11
62.00
One Life Capital
533632
110
17-10-11
115
Flexituff International
533638
155
19-10-11
155
Taksheel Solutions
533639
150
19-10-11
157.40
M & B Switchgears
533644
186
20-10-11
180.00
Vaswani Industries
533576
39.20
24-10-11
33.45
Indo Thai Securities
533676
74
2-11-11
75.00
MCX
534091
1032
9-3-2012
1387
BCB Fin. (SME Platform)
534109
25
13-3-2012
27.00
Olympic Cards Limited
534190
30
28-3-2012
29.95
NBCC
534309
106
12-4-2012
100.00
M.T. Educare
534312
80
12-4-2012
86.05
Samvardhana Motherson Fin.
--
113 to 118

Withdrawn
Tribhovandas Bhimji Zaveri
534369
120
9-5-2012
115.00
Plastene India Ltd.

81 to 84

Withdrawn
Monarch Health (BSE � SME)
534422
40
30-5-2012
42.00
Speciality Restaurant
534425
150
30-5-2012
153.00

SKS Microfinance - 128 Target


 SKS Microfinance - 128 Target

Economy Ratings - Standard and Poor, Fitch


 Economy Ratings - Standard and Poor, Fitch

Daily Market Strategy - June 21 2012


 Daily Market Strategy - June 21 2012

Market seen opening lower on weak global cues


The market is likely to see a negative start on negative Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 22.50 points at the opening bell. Asian markets declined on Thursday as the US Federal Reserve did not signal a third round of quantitative easing. Telecom stocks may see action ahead of today's Empowered Group of Ministers (EGoM) meeting to decide on the base price for the 2G spectrum auction. The base price of Rs 3622 crore per MHz (Mega Hertz) recommended by sector regulator Trai was roundly criticised by telecom operators, after which the Telecom Commission sought a regulatory report on the base price's impact on tariffs. Key benchmark indices edged higher for the second straight trading session on Wednesday, 20 June 2012, as world stocks rose on the back of upbeat US housing data and on prospects of more monetary easing by the Federal Reserve. The BSE Sensex advanced 36.83 points or 0.22% to settle at 16,896.63, its highest closing level since 15 June 2012.

Daily News Roundup - June 21 2012


The top four cement makers — ACC, Ambuja Cement, UltraTech Cement and Shree Cement — may have to shell out Rs21.98bn, if the Competition Commission of India (CCI) charges a penalty of eight per cent on the average turnover of the last three years.(BL) Tata group is developing an electric car that is expected to be priced below US$20,000in partnership with France’s Dassault Systemes.(BL) Max India, has shelved plans to build a five-star hotel in Noida’s premium Delhi One project over concerns that upcoming hotels in the city would lead to a glut of upmarket rooms, according to people close to the development.(ET) The ministry of defence (MoD) has chosen a private sector consortium to compete with Bharat Electronics Ltd (BEL), to develop a backbone communications network for the 21st century battlefield. The project is worth an estimated Rs.100bn. (BS)

Twisting and turning


What separates the winners from the losers is how a person reacts to each new twist of fate. - Donald Trump. The Federal Reserve may not have delivered a QE3 but the so-called "Operation Twist" plan - aimed at keeping rates low - has been extended to the end of the year. It was due to end this month. On the flip side, the Fed has scaled down its projections of GDP growth and inflation while warning that unemployment will stay largely elevated. US markets closed virtually flat at the end of a choppy session. European markets were encouraged by Bank of England minutes that showed that some of the policymakers were inclined to consider fresh QE. There were also reports that the eurozone bailout fund could be used to buy bonds of troubled members. The same were denied later.

Markets may see a lower opening


Weak Asian cues may drag the Indian markets in the opening trade. SGX Nifty is also trading 17 points lower. Events for the day: Results: Bharat Electronics, Indraprastha Gas. Headlines for the day: AI loses around Rs500 cr, extends contingency plan till July. SBI to reduce lending rates to exporters soon. Reliance Life Insurance launches online life cover plan. EGoM to discuss spectrum price today.

SGX Nifty Live Update - June 21 2012


5106.50 -25.50 (-0.50%)

Sensex ekes out modest gains…Cement shares recover


Indian stock indices closed with slender gains in a rather dull session, as investors chose to remain cautious ahead of the important announcement by the Federal Reserve. The broader market out-performed the frontline indices today, leading to a positive market breadth. However, the Nifty managed to climb up and close above 5100 for a second straight day. The BSE Sensex ended at 16,840 gaining by 0.2% or 37 points. It had earlier touched a day’s high of 16,962 and a day’s low of 16,840. It opened at 16,903. The NSE Nifty settled at 5120 up by 16 points or 0.3%. It touched a day’s low of 5,100 and day’s high of 5,142. ACC, Sterlite Industries, HCL Tech, Tata Motors, Jindal Steel, Dr Reddy’s, Sesa Goa, Tata Power and JP Associates were the notable gainers on the Sensex and the Nifty today.