Random Tidbits
- Huff, Puff The House Is Down
Subprime mortgages crash, then the global markets fall. There's a cautionary tale in it. - 15000 Penny Punters
Small investors with wily strategies brave the vagaries of the stockmarket
- Making sense of Sensex moves
Sensational headlines such as “Sensex in free fall”, “Bloodbath on D-Street” and “Market faces mayhem” would have surely stirred up a storm in your teacup as you read the morning newspaper in recent weeks
- Taking stock after the correction
In the sweeping correction that has caused global stock markets to tumble like nine-pins, the BSE Sensex has shed 9-10 per cent off its peak value. Stocks in sectors such as telecom, steel and construction have plummeted 15-30 per cent the past
Time to get into secular high-growth stocks’
Set aside funds to buy telecom, engineering as these sectors have great potential and are not related to politics in the longer term.- With political troubles within the country and global uncertainties, investors are naturally reluctant to buy. But better value may emerge in the next couple of months.
- Markets seem to be on their way down. The analyst community is still guessing the next day’s index move. Gap down opening are leaving the traders clueless and volatility is the order of the day. Newspapers are agog with the description of the market plunge. However, there are stray incidences where the stocks have bucked the trend.
- The Indian initial public offering (IPO) market is under the microscope again with the recent re-pricing of the South-based real estate major Puravankara Projects IPO. The initial price band of Rs 500-525 had to be scaled down to a much lesser range of Rs 400-450. The re-pricing has pointed towards three important facts.
- It is estimated that in the last 12 months, 23 real estate companies have raised a whopping $4.4 billion through IPOs, FPOs, GDRs and other avenues. And with reports that few more companies are going to hit the markets, the magnitude of real estate’s share in the already exceeding liquidity, is increasing exponentially. Also, it seems that investors’s exposure to real estate IPOs have been increasing like never before.
- If I could be born again, and I had a head for big numbers, I'd like to be an investment banker in New York. Look at what I would do for a living. First, I would play in the collateralised debt obligation market. What this is, is not relevant, except to understand that CDOs are a more important cause of the financial crisis sweeping the western world than the infamous sub-prime mortgage market in the US.
- Calculating tax is a rather difficult exercise for individuals. More so, when it comes to mutual funds. This is because there are several calculations required for this purpose before arriving at the appropriate figure. Also, there is a need to do some segregation to remove any confusion. Here are some calculations where we use the basic tax rate on these investments excluding education cess for better understanding.
