History of Indian Stock Market

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 14, 2009 at 1:37 pm
Many of our readers and Paid subscribers often ask about the fundamentals of Stock market. Here we came with a new section EquityPandit.com Knowledge Center. EP Knowledge Center is a collection of few tutorials which would give you some basics about stock market and Technical analysis. These tutorials would be added every Sunday. The fundamentals remain same for every stock market in the world. Today in the first article we would like to explain the History of Indian Stock Market....

UPA may restore standard tax deduction in Budget

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 11:52 am
In an visible attempt to put money into the pockets of the salaried class, finance Minister Pranab Mukherjee may bring back standard deduction on income tax rather than increasing income tax slabs when he presents the Budget. The provision of standard deduction, which was given to employees to compensate for the expenses incurred by them under heads such as conveyance, was discontinued by former finance minister P Chidambaram with effect from April 1, 2006.   The Budget would definitely bring relief to the salaried class ...

Analysis: Where are we? – A must read Article for everyone

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 13, 2009 at 6:36 pm
Understanding the Economic Cycle       Everything in this universe happens in a cyclic fashion. What goes up has to come down. What take birth has to die. Nothing is forever or permanent. The same theory applies to economy and stock market. The economic cycle is a term economists use to describe the cyclical flow of economic ...

IIP rose by 1.4% in April 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 12, 2009 at 8:19 pm
India’s Index of Industrial Production (IIP) number for April has rose to 1.4% as compared to -0.7% in March. The manufacturing output for April has gone up to 0.7% while the mining output has gone up 3.8% compared to 6.1% in April 2008 (Y-o-Y).   April’s electricity generation, basic goods output, intermediate goods and consumer durable goods output figures have gone up to 7.1%, 4.6%, 7.1%  and 16.9% (Y-o-Y) respectively. ...

FII and DII Activity on Friday, June 12, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:07 pm
FII and DII activity that was seen on Friday, June 12, 2009 is shown below. The report shows that FII were net buyer of Rs 469.35 crore where as DII saw selling of Rs 250.71 crore.    ...

Advice for – Friday, June 12, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:39 am
Last Trading Session: Yesterday Indian Stock Market had shown sideways movements mainly due to profit booking and closed almost flat.   Today: Indian Stock Market is expected to open positive & may reach nearer to its major resistance of 4700. We believe that one can go short if nifty reaches that level.   Note:...

Global Commodity Prices are rising, but why?

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 11, 2009 at 8:16 pm
The global economy is throwing up pretty mixed signals currently. As per estimates, Chinese exports fell 26% in the month of May, meaning that the major economies like the US, Europe and Japan are still facing the slowdown blues. Therefore, if the demand continues to remain weak, what explains the 42% surge in S&P's GSCI, an index of global commodity prices? If New York Times is to be believed, the answer could be found alongside China's coast. At last count, atleast 90 large freighters full of iron ore were cooling their heels along China's ports, awaiting their turn to unload as the country's port storage facilities appear to be overflowing. And iron ore is ...

Instanex FII Index on Thursday, June 11, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:03 pm
INSTANEX: The Instanex FII Index closed flat, down just 0.46% at 326.16 (-0.47% at 3 pm) whereas the Instanex DII 15 portfolio was down 0.82% (-0.76% at 3 pm). Sensex was down 0.36% (-0.30% at 3 pm) and Nifty was down 0.38% (-0.23% at 3 pm). The other Instanex Ownership Indices were down as well – the Instanex Promoter 15 portfolio was down 1.50% (-1.06% at 3 pm), the Instanex Top 15 portfolio was down 1.32% (-1.10% at 3 pm) and the Instanex Retail 15 portfolio was down 1.03% (-0.86% at 3 pm).    Out of the 15 components of ...

FII and DII Activity on Thursday, June 11, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 7:16 pm
FII and DII activity that was seen on Thursday, June 11, 2009 is shown below. The report shows that FII were net buyer of Rs 786.57 crore where as DII saw buying of Rs 558.14 crore.    ...

Inflation declined to 0.13 percent v/s 0.48 percent a week earlier

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:28 pm
India’s Inflation declined to 0.13 percent for the week ended May 30, lower than previous week's annual rise of 0.48 per cent, government data showed on Thursday. The annual inflation rate was 9.32 per cent during the corresponding week of the previous year. The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is released weekly.

Advice for – Thursday, June 11, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:54 am
Yesterday: Indian Stock market went up sharply and closed well above its resistive level of 4610.    Today: Indian Stock Market is expected to open negative mainly due to weak global cues but again yesterday in the second half we have witness some profit booking so today we are expecting that market may see some correction but if nifty holds above 4610 than we will see a level of 4700 soon. Note: Stocks to ...

FII and DII Activity on Wednesday, June 10, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 10, 2009 at 10:33 pm
FII and DII activity that was seen on Wednesday, June 10, 2009 is shown below. The report shows that FII were net buyer of Rs 738.09 crore where as DII saw buying of Rs 589.88 crore.    ...

Advice for – Wednesday, June 10, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:53 am
Last Trading Session: As predicted by EquityPandit.com, Market opened flat and went down almost 80 points. Market bounced back smartly even though global markets were in the red, mainly due to action plan unveil by our PM to achieve GDP growth of 8-9%.   Today: Indian Stock Market is expected to open flat with positive bias mainly due to positive global cues but again we are very nearer to our major resistance level of 4610. We still ...

Instanex FII Index on Tuesday, June 09, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 9, 2009 at 7:23 pm
INSTANEX: At close, the Instanex FII Index was up 2.31% at 321.41 (+2.33% at 3 pm) and the Instanex DII 15 portfolio was up 3.10% (+3.05% at 3 pm) indicating that they have bought. Sensex was up 3.14% (+3.08% at 3 pm) and Nifty was up 2.73% (+2.82% at 3 pm). The other Instanex Ownership Indices were also up – the Instanex Promoter 15 portfolio was up 3.37% (+3.40% at 3 pm), the Instanex Top 15 portfolio was up 3.00% (+2.95% at 3 pm) and the Instanex Retail 15 portfolio was up 2.96% (+2.90% at 3 pm).   Out of the 15 components of the ...

FII and DII Activity on Tuesday, June 9, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 7:16 pm
FII and DII activity that was seen on Tuesday, June 9, 2009 is shown below. The report shows that FII were net buyer of Rs 955.31 crore where as DII saw selling of Rs 143.21 crore.    ...