Well surprising isn’t it? A blogger spreading out news has caused Adani Group a huge intraday fall on the exchange last week. This all happened earlier last week on Tuesday when the rumour of Adani’s arrest in the missing state NCP leader Jayanti Gohil case caused panic among the among stock brokers across country. This resulted in crash [...]
Stock Markets
Multi Commodity Exchange (MCX) is all set to come up with an IPO offering starting today. It would be the first Indian Exchange to get listed. MCX is floated by Financial Technology (FT) head by Mr. Jignesh Shah. Even SBI has a decent amount of stake in the company. FT currently holds 31.2 per cent stake in [...]
Indian stock markets are back in full swing! Sensex is above 18,000 mark almost after 6 months. All thanks to the Inflation (WIP) which is stabilizing at 7% odd levels. Data on Tuesday showed India’s wholesale price index (WPI) rose a slower-than-expected 6.55 percent in January — its lowest level in more than two years — leading [...]
Bulls on Dalal streets are back with a bang! NIFTY is above 6K and Sensex above 20K last seen in Jan 2008. So at that time did we pick up stocks in the falling markets ? Did we ever think markets will come back to such a level in a short span of time? And [...]
The following 8 financial ratios offer terrific insights into the financial health of a company — and the prospects for a rise in its share price. 1. Ploughback and reserves After deduction of all expenses, including taxes, the net profits of a company are split into two parts — dividends and ploughback. Dividend is that [...]
Rakesh Jhunjhunwala has always been a role model for Value Investors in India. He is been termed as the Indian Warren Buffett. He is a person who became a billionaire just by investing in stocks. I have earlier written about him and his presence on Twitter! He has few quotes on markets and one of [...]
Wooha Indian stock markets had a dramatic jump yesterday becuase of good global cues. For one moment people thought that worst is forever over! But markets had fallen badly as Dow Jones as falling almost everyday since a week. So it was a good note to recover! The Bombay Stock Exchange benchmark Sensex ended the session on [...]
Social Media is picking up in India too. We have so many of our celebrities on twitter , politicians are also on twitter and they blog too and many business men also love twitter. Rakesh Jhunjhunwala is no exception he also blogs and tweets! Here Forbes India wrote “Will the Cyber Rakesh Jhunjhunwala Please Stand [...]
