Posts Tagged ‘Indian economy’

Switch from real estate stocks now!

June 22, 2009. Tags: , , , , , ,  •  No Comments

The BSE Realty index, which declined by nearly 90% over a fifteen month period from December 2007 to February 2009, has jumped by over 170% in just three months from March 2009 to May 2009. The concerns related to liquidity of the real estate companies have been key reasons for the performance of the stocks. Despite that, the companies are trying to improve their liquidity condition by selling equity and assets, raising capital through QIPs or by restructuring debt repayments.

I …

Read complete post >>

Failing to plan is planning to fail

June 14, 2009. Tags: , , , , ,  •  No Comments

The highlight of the month, and in fact of the year till date, has been stunning victory of Congress-led UPA in the recently concluded elections. The victory has ended days of politics of coalition management. The win is hinting at a new era of reforms that could well unshackle the increasingly robust potential of Indian economy. The market has responded favourably as there is a distinct chance that India could benefit from its development-friendly government policies.

Did you benefit from the …

Read complete post >>

Q4FY2009 review of Banking sector

April 10, 2009. Tags: , ,  •  No Comments

Business growth has been declining: After three quarters of robust business growth, the fourth quarter of FY2009 witnessed significant cooling in the credit offtake. As per the latest data by RBI, the credit growth as on March 13, 2009 stood at 18.3%, down from the ~24% growth for Q3FY2009 and the ~22% growth in the fourth quarter a year ago. Clearly, the moderation in economic activity and the deterioration in business and consumer sentiment are finally catching up with the demand …

Read complete post >>

Bhavishya Nirman Bonds: Invest in your future

April 7, 2009. Tags: , , , , , ,  •  No Comments

I am glad to present to you a new & exciting investment opportunity: Bhavishya Nirman Bonds issued by NABARD. These Bonds present an excellent opportunity to those investors with a long term horizon, looking for the highest safety of their capital.

Bhavishya Nirman Bonds are Zero Coupon Bonds which have a price of Rs 8,750** and on maturity, the investor receives an amount of Rs 20,000. This works out to a compound yield of 8.62% p.a.!

Highlights:

Type of Bond
Zero Coupon

Tenure
10 years

Yield
8.62%** p.a.

Liquidity
Listed …

Read complete post >>

UBS says India less affected by financial crisis

March 3, 2009. Tags: , , ,  •  No Comments

Financial services firm UBS feels that India is, still, one of the most attractive places in Asia at present, reports the Economic Times of India. In fact, UBS has upgraded India from moderate underweight to overweight as it feels that valuations have improved substantially and that the Indian economy is less affected by the global financial crisis than most other markets. The foreign financial major, however, does expect further weakness in the coming quarters. Among Asia’s leading economies, China remains UBS’ largest …

Read complete post >>

Gold ETFs, gilt funds steal the show

February 28, 2009. Tags: , , , , , , , , ,  •  No Comments

Top-10 fund schemes return over 25% each In 1 year as Sensex loses about 50%…

A touch of gold has done wonders for mutual fund investors in India. Over the past one year, from a group of 925 mutual fund schemes, 10 have given returns of 25% or more. And, these funds are either a gold exchange-traded fund (ETF) or a gilt scheme. Among the top five, four are gold ETFs and one is a gilt fund. Compared to positive returns …

Read complete post >>

Hurray! SBI now more valuable than Citibank

February 24, 2009. Tags: , , , , , , ,  •  1 Comment

HURRAY! INDIA has proved herself once again. After a sweeping win of Indian artists at the Oscars (I am referring to Slumdog Millionaire winning 8 Oscar awards), an Indian bank has now surpassed the till-now global banking major - Citibank - in terms of market capitalization.

According to a report published in The Times of India, Citigroup, with assets worth $1.95 trillion (Rs 9,72,075 crore), now values less than our own the State Bank of India (SBI). On Tuesday morning (at …

Read complete post >>