Seven things you should look for in a financial planner

June 10, 2011 in Security Market

Friday, 10 June 2011

Recently, a new breed of professionals has emerged who are making financial plans for everyone and are not restricting themselves to investment planning.

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Wealth managers: More than just good investment tips

June 3, 2011 in Security Market

Friday, June 03, 2011

While the IT industry in India was going through a very visible transformation and explosive growth, another business was also undergoing a similar dramatic evolution, though its impact was considerably less apparent – the profession of wealth management, financial planning and advisory.

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Fresh riders to 25% public holding rules

December 30, 2010 in Security Market

 Thursday, 30 December 2010

 Promoters Holding Over 75% Cannot Raise Money Only Via Sales to FIs

 NEW DELHI: The market regulator has mandated that companies with less than 25% public float will have to raise funds through a public share sale and not through private placement to institutions, a move aimed at widening retail holding and limiting stock price manipulation.

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India trails emerging peers in share turnover velocity – BSE 20%, NSE 60%

December 28, 2010 in Security Market

Tuesday, 28 December 2010

MUMBAI: When it comes to global fund flows, India easily ranks among the top destinations for global equity investors, who have pumped in a record net $29 billion so far in 2010. But India lags its peers by a wide measure when it comes to share turnover velocity (STV) – an indicator of the breadth and depth of a market.

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Stock split broadens investor base of company

November 7, 2010 in Security Market

 Sunday, 07 November 2010

A stock split is the partitioning of outstanding shares of a company into a larger number of shares, without affecting stockholders’ equity or the total market value of the stock.

For example, if a company declares a 2-for-1 stock split of its stock, which has a current market value of Rs 100 per share, and 1,00,000 shares are outstanding:

 Before the split:
Outstanding shares 1,00,000
Market value Rs 100
Market capitalisation Rs 1 crore

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Not just FIIs, promoters too help fuel rally

November 6, 2010 in Security Market

  Saturday, 6 Nov, 2010

 Creeping Acquisition by Promoters May Have Helped Improve Sentiments

 MUMBAI: Foreign funds seeking higher returns may have led the bull run that propelled the Sensex to close at a record high. But the surge in stock prices is also due to buying by promoters – both Indian and foreign – who took the creeping acquisition route, besides using other options such as preferential allotment, open offer, conversion of warrants and other securities.

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Coal India’s 15000 crore issue may cause money market stress: Experts

October 15, 2010 in Security Market

 Thursday, 14 Oct, 2010

 NEW DELHI: State-owned Coal India Ltd’s mega public float, which hits the Dalal Street on October 18, may cause stress in the money market as investors are expected to borrow heavily to subscribe to the issue, which is expected to garner around Rs 15,000 crore, analysts said.

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15-minute pre-market call auctions to start on October 18

October 8, 2010 in Security Market

Friday, 08 October 2010

The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have decided to implement ‘pre-market call auctions’ which is a special 15-minute trading window starting at 9:00 am from October 18.

This also means that all other segments, including derivatives and non-index stocks, will trade only at 9:15 am.

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Buyback rush may open arbitrage gate for investors

October 8, 2010 in Security Market

Friday, 08 October 2010

 Investors can look forward to gain from arbitrage opportunities in some of the open offers that are expected to hit the market in the coming months. There are around half a dozen such companies whose shares are currently quoting at a substantial discount to the offer price.

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Anchor investors to buoy CIL float

August 13, 2010 in Security Market

Wednesday, 11 Aug 2010

The government plans to ask anchor investors to support its share sale in Coal India Ltd, a first for an initial public offering by a state-owned company.

 Up to 30% of the portion reserved for institutional investors may be sold to anchor investors a day before the IPO opens to the public, the company’s draft red herring prospectus filed with capital market regulator SEBI on shows.
 

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Govt gets its sell-off formula right this time, investors lap up Engineers issue

July 31, 2010 in Security Market

 31 Jul 2010

Global funds such as Morgan Stanley, UBS, Temasek and several large local funds and banks have emerged as the leading bidders in the Rs 977-crore follow-on public offer (FPO) of state-owned company Engineers India (EIL).
 

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Promoters cut MCX-SX stake by 60% for stock trading launch

April 17, 2010 in Security Market

16 Apr 2010

The promoters of MCX Stock Exchange (MCX-SX) have sold a part of their holdings to a string of banks and reduced the capital of the bourse to fall in line with Sebi rules and pave the way for the launch of its stock trading platform.

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Listing of Life Insurance Companies

March 30, 2010 in Security Market

Sunday Special – Disclosure norms

 28 Mar 2010

The Insurance Regulatory and Development Authority (IRDA) is creating sweeping new rules to help investors understand and analyse the performance and liabilities of insurance companies that are going public.

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Bottom-Fishing with caution

March 23, 2010 in Security Market

 22-03-2010

 In the advanced stages of any rally, experts often dig much deeper to find stocks, which still can provide some value to investors. With frontline stocks already factoring in one or two years of expected growth, the focus shifts to stocks, which have not done well over the course of the rally. There could be many reasons for some stocks to languish during the rally.

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NSE traders get hooked on to algorithm

January 15, 2010 in Security Market

 

NSE has approved applications of 200 of its broker members – roughly one-fourth of its active member – wanting to trade using algorithms or computer programs.

This did not mean that all the 200 members have already commenced full-fledged algorithm-based trading. Some of them would just be testing the effectiveness of their (software) programs by doing selective trades; after all, if there is a flaw in the code or the basic logic itself, the whole thing can backfire.

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NTPC may be first to run on FPO fast track

December 21, 2009 in Security Market

 21 Dec 2009

 The government will use the fast track route provided by the market regulator for the first time to raise about Rs 11,000 crore by divesting 5% of its stake in NTPC, a move that could be a precursor of several such issues by state-run companies. The government is looking to raise as much as possible before March 31 to bridge the large fiscal deficit of 6.8% of the country’s national income. The country’s largest power generation company will file the prospectus in the third week of January 2009 and the issue will be open for subscription immediately.

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