Archive for the ‘Business’ Category

INDO THAI TV AD ON CNBC


Watch the Indo Thai TV Ad being aired on CNBC >> http://youtu.be/Frmtqvi9H3g

Fill out this form to get more info on the offer or visit : http://www.indothai.co.in

Manage your Money and Invest better


Let’s start by saying: You can’t be afraid to take a loss. The investors that are the most successful in the stock market are the people who are willing to lose money.

Having a strategy and/or a specific philosophy is an excellent starting point to investing but it won’t mean a thing if you can’t manage your money. As I have said a million times: without cash, you can’t invest.

Most investors spend far too much time trying to figure out the exact pivot point or perfect entry strategy and too little time on money management. The most important aspect to investing is cutting your losses, 90% of the battle is won by protecting your capital, regardless of the strategy.

Most successful money managers only make money 50-55% of time. This means that successful individual investors are going to be wrong about half the time. Since this is the case, you better be ready to accept your losses and cut them while they are small. By cutting losses quickly and allowing your winners to ride the up-trend, you will consistently finish the year with black ink.

Here are some methods that can help you with money management:

  • Set a predetermined stop loss (you must know where to cut the loss before it happens “this will help control emotions when the time comes).” A 7-10% stop loss insurance policy is best. Tighten the stop loss range in down markets and loosen the range in strong bull markets.
  • Establish smaller positions if your account has had a recent losing streak (the losses may be telling you important information such as a critical turning point, it may be time to sell and get out).
  • If you think you are wrong or if the market is moving against you, cut your position in half “this is the best insurance policy on Wall Street.”
  • If you cut your position in half two times, you will be left with only 25% of the original position “the remaining stock is no longer a big deal as your risk is very low.”
  • If you sell out of a trade prematurely based on a minor correction, you can always reestablish the position again.
  • Initial position sizing plays a big part in money management “don’t take on too big of a position relative to your portfolio size. Novice investors should never use their entire account on one trade no matter how small the account
  • Know when you would like to get out of a position after a considerable profit has been made. Signs of topping could be a climax run, a spinning top or higher highs on lower volume.
  • Finally, cut any trade that doesn’t act the way you originally analyzed it to act.

With these guidelines, you will be well on your way to solid money management skills that will help you profit in year in and year out. Always remember, you are going to take-on losing trades at least half of the time. This is a tough concept to accept for most novice investors but it a fact. If you don’t cut losses, you won’t beinvesting for very long as you will run out of cash and the desire to continue to invest.

www.indothai.co.in

Festive Offer : Free Demat and Trading Account opening!!!



Indo Thai brings you an offer to bank your investments and make your next occasion even more enjoyable. This festive offer includes  –

 **Free Demat Account**                              **Free Trading Account**                         **Attractive Brokerage**

Contact us @ info@indothai.co.in 

or Dial +91 0731-2705420,21,22,23

Nifty lackluster; realty, metals, banks decline


The 50-share National Stock Exchangebenchmark Nifty was witnessing a choppy session taking cues from Asian peers and as traders chose to remain on sidelines ahead of inflation figures. Shares of rate sensitive sectors like realty and banks were subdued while FMCG, power and oil&gas moved higher.

“The coming session is likely to witness resistance at the 5125 levels, above which the 5185 maybe tested. Support is likely at the 5025 levels, below which the 4975 level maybe tested.

The bullish pivot for the session is likely at the 5115 levels above which the Nifty must stay throughout the session. The bearish pivot is at the 5090 levels below which declines may occur. Traders must watch these levels for signs of trend determination,” said Vijay Bhambwani, CEO,bsplindia.com.

Continue reading

Soybean Slump Ending as Record Global Demand Overwhelms Farms


The biggest rout in soybean prices in more than two years may be ending as farmers from Iowa to Brazil fail to keep pace with record demand for cooking oil and livestock feed.

The U.S., the world’s largest grower and exporter, will harvest 7.3 percent less this year, leading the first decline in global output since 2009, the U.S. Department of Agriculture estimates. Morgan Stanley expects soybeans to average $14.25 a bushel in the 12 months ending Aug. 31, the most ever and 21 percent more than yesterday’s closing price of $11.775.

The use of soybeans expanded at almost four times the pace of the world population in the past decade, led by China, government data show. While prices began tumbling last month on investors’ mounting concern that slowing growth will weaken demand for raw materials, global consumption of cooking oils hasn’t fallen during a recession in the past three decades, USDA data show.

“People still need food, even if they aren’t buying new cars, refrigerators or other durable goods,” said Steven Nicholson, a commodity procurement specialist for International Food Products Corp., a distributor and adviser on food ingredients in Fenton, Missouri. Prices may jump 19 percent by April because “production is not keeping up with rapidly expanding demand growth from developing nations,” he said.

Continue reading

Stock Watch: Tata Steel, JSW Steel, MRF, M&M


Tata Steel is investing 2 million pounds in its Hartlepool tube works and has forged a supply deal with German steel tube producer Eisenbau Kramer (EBK) to increase its product and service offering to the offshore renewable energy sector. According to Tatas, growing activity in the renewable sector will require large volumes of jacket fabrications for wind tower structures. The Hartlepool development will establish a central supply base for steel tubular sections to be used in the fabrication of wind turbine steel foundation structures, known as jacket foundations. Work on the site is scheduled to begin in October and to be complete by Spring next year. Components will be manufactured from tubulars at the new facility and prepared for welding into the finished structures, shortening throughput times and improving cost efficiency for customers, who will be able to source all steel components from a single supplier.

Continue reading

Maruti Suzuki, HUL and ONGC may witness some action today


Operations at India’s largest carmaker edged closer to a standstill as labour unrest at Maruti Suzuki India’s production units in Manesar choked component supplies to its sole functioning facility in Gurgaon. The company finds itself in its toughest spot in more than a decade, with no end in sight to the strikes, and a potential loss of sales during the upcoming festival season, when car sales soar. The company has lost revenues of Rs 1,215 crore due to the strikes so far. Yesterday, the company’s Gurgaon plant produced only 1,800 cars, 1,000 less than usual, as strikes at Suzuki Powertrain India (SPIL) since Friday disrupted the supply of diesel engines and transmissions. The production will dip further if the strikes continue.

Continue reading

US markets surge as France and Germany pledge to support Europe’s banks


The US markets surged on Monday, delivering their best one-day performance in over six weeks, as France and Germany pledged to do everything necessary to support Europe’s banks. The French and German comments gave investors hope that European officials may take bigger steps deemed necessary to control the region’s sovereign-debt crisis. German Chancellor Angela Merkel and French President Nicolas Sarkozy stated that they will deliver a plan to recapitalize European banks and address the Greek debt crisis by November 3. Also, Belgium stated that it will buy part of Dexia SA and provide security for depositors as part of a plan to rescue the lender.

Continue reading

Rupee edges up as shares climb


The rupee nudged higher on Monday as firmer shares raised hopes for foreign portfolio inflows and sentiment was underpinned by the euro’s gains.

Demand for dollars from oil importers kept the rupee’s rise in check and traders said the market would be rangebound because of holidays in Japan and the United States.

At 10:45 a.m. (0515 GMT), the partially convertible rupee was at 49.1050/1100 per dollar, 0.1 percent stronger than Friday’s close of 49.1550/1650.

“Corporate demand for dollar is weighing on the rupee, but the bias is towards appreciation. The euro is strengthening, and the Sensex is up for the second straight day,” a trader with a state-run bank said.

Continue reading

UTV Software surges on inking agreements with Indiagames shareholders


UTV Software is currently trading at Rs. 954.60, up by 11.30 points or 1.20% from its previous closing of Rs. 943.30 on the BSE.

The scrip opened at Rs. 950.00 and has touched a high and low of Rs. 954.00 and Rs. 947.00 respectively. So far 5068 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1050.00 on 26-Jul-2011 and a 52 week low of Rs. 386.00 on 10-Feb-2011.

Last one week high and low of the scrip stood at Rs. 965.00 and Rs. 943.00 respectively. The current market cap of the company is Rs. 3845.57 crore.

The promoters holding in the company stood at 70.26% while Institutions and Non-Institutions held 12.39% and 17.35% respectively.

Continue reading