Do you play the stock market

kannan666 · 12th July 2009, 09:18

My guess is that the Sensex will stabilse around the 12,500mark in the next two weeks, which means that we are still looking at a drop of around 1500 points.

jagan0677 · 28th July 2009, 17:42

Any thoughts on where the markets headed in the next couple of months?? I am very surprised at the way NIFTY has reached around 4500. Does anyone have a clue whats driving the markets?

Cheers

penpavan · 28th July 2009, 18:04

Quote:

Originally Posted by jagan0677

Does anyone have a clue whats driving the markets?

Cheers

Nothing but sentiments. Hence very difficult to find the trend. It takes very little time for sentiments to change. Global cues, monsoon... anything can change it. With the earning season almost over, this factor plays an even more predominant role.

Just my thoughts.

carboy · 28th July 2009, 18:06

Quote:

Originally Posted by jagan0677

Any thoughts on where the markets headed in the next couple of months?? I am very surprised at the way NIFTY has reached around 4500. Does anyone have a clue whats driving the markets?
Cheers

The same things which have always driven it - either irrational optimism or irrational pessimism.

After losing money in the stock market, Sir Issac Newton was quoted as
saying "I can calculate the movement of the stars, but not the madness of men".

navpreet318 · 28th July 2009, 23:13

Well there was one guy here who calculated and all his forecasts were true.ECM.i wonder why he doesn't post here any more.

ECM · 30th July 2009, 10:12

Navpreet I stopped posting here,reasons are well known to moderators and Rushabh.All my studies which I posted here and if a person who acted on my views would have come out of a huge losses he made during the meltdown,all this I shared without expecting anything in return but now its a past.Sorry I am a kind of person who love to breath in free air.

rg_chn · 30th July 2009, 10:45

[quote=sabret00the;1316600]Same here. It's been like after a year I'm seeing overall portfolio at xx% gain. The stocks which mainly pulled my portfolio up were:

1) Aban Offshore bought @ 233.900 and 229.000
2) Axis Bank bought @ 284.500
3) Everonn Systems bought @ 85.000
4) Jyoti Structure bought @ 76.500
5) Siemens bought @ 214.000
6) Punj Lloyd bought @ 109.650
7) Suzlon bought @ 33.700 , 33.800 and 52.100

I'd suggest you not sell aban offshore shares. Can't give you reasons on a forum, if you can, keep it for another year.
P.s - it's only a suggestion, I'm not asking you to act based on what I said, if you need more details, pm me.

Regards
R.G

rajneeesh · 31st July 2009, 11:16

Folks, Anybody hear of a company called Praja Engineering Syndicate. I had picked up some stocs on a tip from a friend and it has tanked in the last two months. Any information on the stock would be appreciated.

prince_pervez · 31st July 2009, 11:38

Is this a good time to exchange $'s ?

abhishek_rait · 31st July 2009, 14:44

Can't invest guys not allowed to .. work with the exchange

tsk1979 · 31st July 2009, 15:03

Can't you invest in any other exchange, for example NSE, since you are working with BSE?

BomBatt · 31st July 2009, 18:48

I have been checking on Q1FY10 results. Seems like we are coming out of recession very well. Most of the companies have posted excellent numbers both in sales and profit.

Hats off to you India Inc.

rg_chn · 31st July 2009, 19:06

Quote:

Originally Posted by BomBatt

I have been checking on Q1FY10 results. Seems like we are coming out of recession very well. Most of the companies have posted excellent numbers both in sales and profit.

Hats off to you India Inc.

I wouldn't say that, one can't decide if India's out of recession based on just one quarter's profits.Plus your looking only at the profit making co's, there are a lot of companies still making huge losses, whereas most of your business papers only highlight the profit making companies.

mjothi · 31st July 2009, 19:43

Quote:

Originally Posted by BomBatt

I have been checking on Q1FY10 results. Seems like we are coming out of recession very well. Most of the companies have posted excellent numbers both in sales and profit.

Hats off to you India Inc.

You know what? I am getting scared seeing these numbers. Infact dead scared if another Satyam will emerge one day!

BaCkSeAtDrIVeR · 31st July 2009, 21:12

"Interviewed" a final semester engg. student other day. We were on the the train. ;-)

Was saying that only branch getting a job is Civil - and for those who have been placed (campus recruitment), none are called to join.

Is that "coming out of recession"?

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	412	31.77%
26 - 50% -- I have a few stocks.	577	44.49%
51 - 75% -- I'm an active trader.	213	16.42%
76 - 100% -- Hey, I'm an i-banker!!!	95	7.32%
Voters: 1297. You may not vote on this poll

12th July 2009, 09:18	#1201
kannan666 Senior - BHPian Join Date: Aug 2007 Location: KA-02 Posts: 1,004 Thanked: 133 Times View My Garage	My guess is that the Sensex will stabilse around the 12,500mark in the next two weeks, which means that we are still looking at a drop of around 1500 points.
	() Thanks

28th July 2009, 17:42	#1202
jagan0677 BHPian Join Date: Jan 2008 Location: Bangalore Posts: 197 Thanked: 7 Times View My Garage	Any thoughts on where the markets headed in the next couple of months?? I am very surprised at the way NIFTY has reached around 4500. Does anyone have a clue whats driving the markets? Cheers
	() Thanks

28th July 2009, 23:13	#1205
navpreet318 Senior - BHPian Join Date: Jul 2005 Location: Dehradun Posts: 2,287 Thanked: 3,182 Times	Well there was one guy here who calculated and all his forecasts were true.ECM.i wonder why he doesn't post here any more.
	() Thanks

30th July 2009, 10:12	#1206
ECM BHPian Join Date: May 2006 Location: Somewhere Posts: 226 Thanked: 16 Times	Navpreet I stopped posting here,reasons are well known to moderators and Rushabh.All my studies which I posted here and if a person who acted on my views would have come out of a huge losses he made during the meltdown,all this I shared without expecting anything in return but now its a past.Sorry I am a kind of person who love to breath in free air.
	() Thanks

30th July 2009, 10:45	#1207
rg_chn BHPian Join Date: Oct 2008 Location: K.S.A Posts: 343 Thanked: 3 Times	[quote=sabret00the;1316600]Same here. It's been like after a year I'm seeing overall portfolio at xx% gain. The stocks which mainly pulled my portfolio up were: 1) Aban Offshore bought @ 233.900 and 229.000 2) Axis Bank bought @ 284.500 3) Everonn Systems bought @ 85.000 4) Jyoti Structure bought @ 76.500 5) Siemens bought @ 214.000 6) Punj Lloyd bought @ 109.650 7) Suzlon bought @ 33.700 , 33.800 and 52.100 I'd suggest you not sell aban offshore shares. Can't give you reasons on a forum, if you can, keep it for another year. P.s - it's only a suggestion, I'm not asking you to act based on what I said, if you need more details, pm me. Regards R.G
	() Thanks

31st July 2009, 11:16	#1208
rajneeesh Senior - BHPian Join Date: Apr 2007 Location: noida Posts: 1,121 Thanked: 561 Times	Folks, Anybody hear of a company called Praja Engineering Syndicate. I had picked up some stocs on a tip from a friend and it has tanked in the last two months. Any information on the stock would be appreciated.
	() Thanks

31st July 2009, 11:38	#1209
prince_pervez Senior - BHPian Join Date: Dec 2006 Location: Redwood shores, CA, USA Posts: 4,211 Thanked: 53 Times View My Garage	Is this a good time to exchange $'s ?
	() Thanks

31st July 2009, 14:44	#1210
abhishek_rait BHPian Join Date: Oct 2005 Location: Mumbai , Munich , Patna Posts: 70 Thanked: 7 Times	Can't invest guys not allowed to .. work with the exchange
	() Thanks

31st July 2009, 15:03	#1211
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,732 Thanked: 23,456 Times View My Garage	Can't you invest in any other exchange, for example NSE, since you are working with BSE?
	() Thanks

31st July 2009, 18:48	#1212
BomBatt BHPian Join Date: Aug 2007 Location: Bangalore Posts: 210 Thanked: 37 Times	I have been checking on Q1FY10 results. Seems like we are coming out of recession very well. Most of the companies have posted excellent numbers both in sales and profit. Hats off to you India Inc.
	() Thanks

31st July 2009, 21:12	#1215
BaCkSeAtDrIVeR Senior - BHPian Join Date: Jun 2007 Location: Kochi Posts: 2,541 Thanked: 756 Times	"Interviewed" a final semester engg. student other day. We were on the the train. ;-) Was saying that only branch getting a job is Civil - and for those who have been placed (campus recruitment), none are called to join. Is that "coming out of recession"?
	() Thanks