RMJ Institute

FREE SEMINAR

2008-09-25T17:51:00.002+05:30

Forget Bull Forget Bear
The Target of Stock Market is here.

Attend a Free Seminar on 28 Sept 2008 (Sunday).

Venue : RMJ Institute of Capital Market
Time :11 a.m. onwards
Phone: 9971015431, 9910284044, 42508061/64

2008-09-16T11:31:00.003+05:30

FOMC meeting today i.e. 16th Sept., 2008

The Federal Open Market Committee is expected to raise Fed funds rate a quarter-percent to 2.5% in the two-day meeting starting today. Most analysts anticipate sixth straight increase in a row as the US monetary policy makers have been following their “accommodative” ‘measured” policy of rate increases since June 2004.
The FOMC will add new members to its voting panel this time including Michael Moskow of Chicago, Gary Stern of Minneapolis and Anthony Santomero of P The U.S. economy is expected to show expansion at a 4.4% annual rate in 2004, and an addition of 2.2 million jobs, in line with the government’s estimate of fourth-quarter growth issued Jan. 28.

2008-09-16T10:55:00.004+05:30

How to invest in Stock Market?
1. You will never succeed in Share Markets if your investment decisions are based on tips from Brokers and friends. You should study the markets, analyze the trends, take calculated risks and then invest in stocks.
2. Learn lessons from failures. Even great investors like Warren Buffett suffered losses in his early days.
3. Identify your risk profile basing on your age, economical status, risk bearing capacity and future needs.
4. Never put all your money in single investment portfolio. Diversify them.
5. There are no shortcuts to earn money in share markets. You should work hard to make money in stocks as in other fields.
6. Never follow herd mentality. Buy valuable stocks when panic investors are selling them. Sell over valued shares when all are buying them. Never afraid to buy a fundamentally strong but undervalued stock. This is the key to the success of Warren Buffett. This is called Value investing.
7. Large caps are secure while midcaps give high returns. Identify the future sector and find the best stock in that sector. Accumulate those stocks. Power and Shipping are the future growth sectors in India.
8. Never invest in Z category stocks or rupee stocks just for the sake of high returns.
9. Never invest without stop loss and target. Never change them without any specific reason.
10. Read at least 2 business news papers and investment magazines.
Take care, happy investing!

2008-09-14T13:03:00.002+05:30

Markets Today

Sensex - 14001 (-323)
Nifty - 4228 (-62)
Rs-$ - 45.72
Gold (Rs) - 11421 (+74)
Silver (Rs) - 18142 (+180)

2008-09-12T09:55:00.002+05:30

Markets Today

Sensex - 14324

Nifty - 4290

Rs-$ - 45.56

Gold (Rs) - 11263

Silver (Rs) - 17939

2008-09-12T09:52:00.001+05:30

Inflation dips to 12.1%

Inflation has moderated to 12.1% for the week ending August 30 compared to 12.34% reported a week earlier and 12.63% for the week ending August 9, 2008. Inflation rate of 30 essential commodities, increased to 7.52% in the week ending August 30, 2008, from 6.90% reported in the earlier week. There was an increase in the prices of sugar, salt, wheat, arhar, urad, jowar and bajra.

2008-09-11T10:12:00.002+05:30

Dollar hits Rs 45, set to hurt inflation

Just when it appeared that the economy is moving up, the rupee breached the Rs 45-level mark against the US-dollar on Wednesday for the first time since November, 2006.
A weaker currency means lesser purchasing power, which in turn makes goods and services costlier. Result: an already-high inflation may rise further.
The impact would be felt more on products like consumer durables, as they contain several imported components. The raw material cost would go up.

2008-09-09T10:37:00.000+05:30

RBI relaxes overseas payment norm, raises cap to $500,000
Liberalizing the norms for payment to overseas companies, the Reserve Bank of India (RBI) on Monday raised the limit for advance remittance for import of services from $100,000 to $500,000 without bank guarantee. “It has been decided to raise the limit of $100,000 for advance remittance for all admissible current account transactions for import of services without bank guarantee to $5,00,000,” RBI said.

2008-09-09T10:32:00.002+05:30

Ketan Parekh gets bail in Canfina case

The Supreme Court on Monday granted bail to stock broker Ketan Parekh and others in the Canfina Mutual Fund scam case. Parekh was held guilty in the case related to the 1992 stock scam, in which Canbank Financial Services was duped of over Rs 47 crore. On April 1, a special court in Mumbai had sentenced Parekh, Hiten Dalal and four others to one year in jail for siphoning off funds from Canbank Financial Services Ltd, a unit of Canara Bank.

2008-09-08T16:46:00.000+05:30

INDEX CURRENT PREV. %CHANGE

S&P CNX NIFTY 4482.30 4352.30 2.99%

BANK NIFTY 6538.85 6288.60 3.98%

Documents required for opening a Demat Account

2008-09-08T16:30:00.000+05:30

v Identification Proof

v Residential Proof

v Copy of Pan card

v Bank Details

RISK AND RETURN

2008-05-21T11:30:00.000+05:30

RISK AND RETURN

Risk and return are directly related. If there is low risk then there will be low return. If there is high risk, there will be high return.

Sectorial fund = High risk & High return
Equity share = High risk & High return
Mutual fund = High risk & High return*
Gilt fund = Low risk & Low return
Bonds = Low risk & Low return
Balanced fund = Low risk & Low return

* It depends on the fund you have selected.

If there is no risk, there will be no return. Risk can’t be avoided but it can be diversified by using different means.