Dear Abe I need suggessition to buy Birla Power Solutions at current levels. (now it is trading at 3.00). I am watching this stock from Rs.3.30/- levels. Thanks |
Happy Trading,
United we grow!!!
Gives Information about stock movements in Bombay stock Exchange(BseIndia) Bse ,National Stock Exchange (NseIndia Nse) and stock market tips.
Sensex |
Dear Abe I need suggessition to buy Birla Power Solutions at current levels. (now it is trading at 3.00). I am watching this stock from Rs.3.30/- levels. Thanks |
sir it will take some months.hold sir, thanks for kind reply --- On Tue, 4/5/10, gowtham gowtham <gowtham2007k@ yahoo.co. in> wrote:
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Radhe Developers Rights Issue |
Posted: 03 May 2010 11:52 PM PDT The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Radhe Developers (India) ltd has informed the market that they have decided to come out with a Rights issue in the tune of 125 crores or for funding future projects This is subject to consultation with Merchant Bankers and approval of the members & other applicable authorities. Read More... |
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John Pointdexter Morgan always maintained that he made "millions" because he always "sold stock early". If as expected Bombay falls as dramatically today as the rest of the world, then all those glued to that faux pas brokers channel will feel, why the heck do we ever watch that rubbish. The thing is no one thought sub-prime was a big deal, then came Alt-A loans, and then a slew of investment banks went bust and so did the hedge funds. And just when everything seemed lost governments after governments printed trillions to save the wealth of a few million around the world. But all those mountains of debt need to be paid off-including by India. By the way, India's Public Debt at 85 per cent of GDP should stand at roughly $ 850 bn or 6 times Greece. And unlike most of Europe where unemployment is like 9 per cent, in India it should be 50 per cent. No one does any work, see how many people are on the roads doing nothing and how many idle about in railway stations and villages sitting under trees counting birds. So forget long term, India is in as precarious a State as just about any other nation on Earth. So just as the stock market rally that commenced in March 2009 took everyone by surprise, the reversal of May 2010 could be as dramatic. Just see the downside-another 10,000 Sensex points to the bottom? Think quick — the power just went out in your house, and the smoke alarm is going crazy! What's the next thing you're going to do? What about your wife or kids? Do they know where to go? Have you practiced this drill before? I sure hope so, because when an emergency strikes — whether it's a house fire, a power outage, or something even worse — you don't have time to sit and plot your next move. You have to act and act fast ... based on a predetermined plan. Unfortunately, it's easy to bump emergency planning far down your to-do list. After all, many people go through life believing that earthquakes, landslides and floods only happen in distant places. That their faucets will always deliver potable water. And that thieves only break into other people's houses. For a while, I was one of them. But then I watched as Hurricane Katrina caused New Orleans to drown. The local, state and Federal governments couldn't handle the crisis. And that's when I knew that if the s**t hit the fan, I couldn't count on the government to save my sorry butt. I had to take care of myself and my family. So, I started researching crisis preparedness. And I came to an awful realization: Our economy, our country and our civilization are skating on thin ice. And I did what any human being would do — I started to get scared. The fact is, there are at least a dozen things that could end life as we know it. Oh, you could probably survive — but in a radically changed world that would shatter the bubble that most Americans live in. We think we are an exceptional country. And we are. But all empires end, and the biggest giants fall the hardest. Let me give you three examples of what I mean ...
There's a lot more that can go wrong — potential shutdowns of large portions of the U.S. power grid, civil unrest, pandemics and more. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
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The decision to finally bail out Greece is making a big impact on the markets this week, but the fallout is still far from over. Here's everything you need to know about the Eurozone debt crisis right now… Everyone has been quietly terrified that the Greek contagion would spread from one PIIGS (Portugal, Italy, Ireland, Greece and Spain) to another. Now it's clear the real "swine flu" is just beginning. Last week, S&P announced a cut to Portugal's sovereign credit rating from A+ to A-, down two notches. But the cut of Portugal wasn't enough. That slipped across my wire about 11:00 a.m. (EST) on Tuesday. At 11:30 a.m., European Central Bank (ECB) President J.C. Trichet, announced that a default of Greece was "out of the question," even though he refused to comment on the current negotiations. It seems he may have just been whistling in the graveyard. Just 15 minutes later, everyone's greatest fears came true: S&P announced that they had cut Greece's bond rating to "junk" (BBB+). And following that, Spain saw its credit rating slashed, too. What on Earth will happen next? Bloomberg reports that Greece's two-year bond soared to 17% after its rate cut announcement. This is why Germany was calling for more austerity cuts to the Greek budget before they signed on to any bailout agreement. But it looks like that may all be history thanks to a $145 billion bailout agreement made between European governments and the International Monetary Fund to bail Greece out of its mess. The bailout may have quelled some concerns about the fate of the collective Eurozone economy, but its effects have been muted by the prospects of what's potentially still to come across the pond. I have made the case here before and will again re-state it: There is not enough money to bail out all the struggling nations of Europe. Take a gander at these GDP figures (in 2009 U.S. dollars) and its ratio of public debt-to-GDP: Now compare the same table with external debt (in 2009 U.S. dollars): I'll leave you to your own devices to calculate what the percentage to GDP the external debt is. And just for the record, the difference between the two kinds of debt is that public debt is essentially what the government owes. External debt is basically all debt combined. That's the easiest way to remember it. And now here we are with three of the infamous PIIGS getting a poorly timed rate cut. How can a government with such a debt load ever hope to crawl out from underneath it? It would be hard even if the country could borrow money at a 0% interest… let alone at 17%! The handwriting is on the wall. I was pretty sure that when the news broke last week about the downgrades, that we would close the NY session with the euro below 1.32. Sure enough, we did. Other countries have defaulted on their loans and are still here. In the highly developed West, that is almost a given. In other places, such as a number we could name on the African continent, not only can whole governments change hands, but countries will change names and governing structures altogether. So while the Union may not dissolve, and may not change its name, its governmental structures have already been altered. Had the Maastricht treaty that created the Union been held in strictest of understandings and interpretations, no country would ever come close to a default. But then again, the countries with fringe economies had their financial standing and accountability issues papered over in the first place. Otherwise, they would likely never have been let into the clique. As you might expect, I'll be watching how the situation unfolds very carefully… I'll keep you updated. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
German Chancellor Angela Merkel's coalition stepped up calls for allowing the "orderly" default of euro-region member states burdened with debt to avoid a repeat of the Greek fiscal crisis. Floor leaders of the three coalition parties agreed in Berlin today to put a resolution to parliament alongside the bill on Greek aid calling for the European Union to revise rules for the euro to put pressure on countries that run deficits. Merkel, who faces elections in Germany's most populous state on May 9, is seeking to shift focus from the Greek bailout to drawing lessons from the euro's biggest crisis. An "orderly insolvency" process would ensure that creditors participate in any future rescue, she said on ARD television yesterday. "We want to move from crisis management to crisis prevention," Birgit Homburger, the parliamentary head of Merkel's Free Democratic coalition partner, told reporters after the coalition leaders' meeting. "We have to do everything we can to ensure we never get into such a situation again." Merkel is seeking to have both houses of parliament approve Germany's share of the 110 billion-euro ($143 billion) Greek bailout on May 7, the same day she heads to Brussels for a meeting of government leaders of the 16 euro nations to assess "lessons to be learned" from the crisis. 'Looming Insolvency' "We quite urgently need something for the members of European Monetary Union that we also didn't have during the banking crisis two years ago," German Finance Minister Wolfgang Schaeuble told reporters yesterday. "Namely the possibility of a restructuring procedure in the event of looming insolvency that helps prevent systemic contagion risks." European stocks erased their gains for the year today and the euro slid to a one-year low against the dollar amid concern the government debt crisis is spreading. Spanish Prime Minister Jose Luis Rodriguez Zapatero told reporters in Brussels that speculation of a bailout for Spain is "complete madness." Standard & Poor's last week cut Spain's credit rating by one level to AA, lowered Portugal by two steps to A- and cut Greece's to the junk level of BB+. The resolution being drafted by German lawmakers will call for stronger EU rights to inspect member countries' budgets and sanctions such as a suspension of EU voting rights for countries that breach deficit rules, Volker Kauder, the floor leader of Merkel's Christian Democrats, told reporters today. French Backing French Finance Minister Christine Lagarde has signaled support for some rule changes floated by Germany, including closer monitoring of deficits and Merkel's call to consider setting up a European rating agency. "For all preventive measures, we need our partners in Europe and on the international level, such as the G-20," said Hans-Peter Friedrich, a Christian Democratic deputy leader in parliament. Finance ministers of the euro-area countries approved a three-year bailout for debt-laden Greece on May 2, and Merkel's Cabinet yesterday backed loans of as much as 22.4 billion euros as Germany's contribution. With her Christian Democratic Union's hold on North Rhine- Westphalia state at stake on May 9, Merkel is campaigning on her refusal to rush aid to Greece, saying her firmness forced the Greek government to commit to bigger savings. Greece's deficit was 13.6 percent of gross domestic product last year, the region's second-biggest after Ireland, compared with 3.3 percent for Germany. Merkel's government estimates the deficit will climb to 5.5 percent this year. "It's a fairy tale" that quicker action would have made the bailout cheaper, Homburger said an e-mailed statement. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |