Politics of economy: 26/11:One year after

Politics of economy: 26/11:One year after

26/11:One year after

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Mutual Funds to be listed in stock market

In a move aimed at providing mutual fund investors more options to buy or sell units of mutual fund schemes, the Securities and Exchange Board of India (Sebi) allowed mutual fund schemes to be transacted through brokers of stock exchanges. This move is expected to reduce the transaction costs for investors compared with what they were paying before Sebi clamped down on distributor commissions. The step is also a relief to many mutual fund investors, deprived of services from distributors, who have been selling lesser equity schemes because of lower incentives. In August, the market regulator banned mutual fund houses from charging entry load or initial fees that found its way to distributors. Sebi said, instead, distributors should collect commissions directly from investors.

(Source: The Hindu Business Line)

Anna's first night

It was a saturday night
Anna was asked to undress herself. It was her wedding night.
She was sixteen then
First she removed her sari, the blouse after that she gently removed her underwear, her inner skin was whiter than the rest of the body.
Simon was eagerly watching her. His eyes became wider. At once Anna completed her undressing he hugged her hardly. His dress was only a single mundu, no underwear.
He kissed her. This was the first time Anna being kissed by a man on her lips.
Simon felt like kissing on a sponge. He then removed his mundu.
Suddenly sky started raining. Among dark hairs her vagina was like a hibiscus flower.
Simon lay over her and started kissing her lips and neck again and again. He squeezed her breast, which was like tender coconut.
When Simon found way into her body Anna started screaming. Simon closed her mouth. He then took a rosary and put it on her left hand and pressed it. Blood crawled down through her left thigh.
Anna was not Simon's first wife, but Clara was. On the first night when Simon started kissing Clara she became unconscious. She died on the first anniversary of their marriage.
Clara was Anna's elder sister. When she died some of the relatives came with the proposal and the marriage just happened.
Anna saw only darkness all around. Everything standstill, only Simon is working on her.When Simon was over her Anna started dreaming. The dream was also happening in the rain....
A man was dancing in the night. But he had no penis, instead of that he had vagina. He was half man and half woman. Suddenly the rain stopped. Then he became a complete man. His penis started growing, longer and longer by every minute. It became like a large snake. The man took a large knife and cut it. Black blood pumped from it. The man fell down and died.
Simon detached his body from her and like a wet tree, full of sweat, he lay down beside her.

Anna's first night

The Road

“Arun Veembur: A young writer hailing from Kerala and raised in Bangalore has tragically died while trekking in southwest China. He was working on a book here.Arun Veembur, 28, sustained serious injuries from a fall on Monday while hiking in the remote mountains near Dali, a city in the Yunnan province where he lived. It took a rescue team until Tuesday night to locate him. When the team arrived on the scene after a day-long search, it was too late, his friends and officials said.”

Death, a red lettered word
You were wandering all the time
through the road, less traveled
talking to history,
hearing it's whispers
Your mind was restless,
like a man in prehistoric era
You gave your insight to history
death was the reward
the impotent time was restless
it became standstill, sometimes fell down
the crying wind
dancing light
unknown language
all followed you,
but you were alone
gazing at the red flag all the time
you haven't got any sickle
but you reaped the fruits of history
History is mischievous
sometimes it's ugly too
the road to history is not built yet
You were alone
but the writer in you were not
he always liked adventures
and ran towards bullets
The bulletproof jacket of time was helpless
you died, with unfulfilled dreams
your words didn't come out
they rested forever in your throat
like a small bird in the nest
learning history is dangerous
loving history is even more dangerous.

After recession it is Insider trading scam in US

The news from US never ends. After recession now it is the time of Insider Trading Scam. In the beginning of this year India witnessed satyam scam, the market impact of which was very huge. Insider trading scam is one of it's kind but with bigger magnitude.
Global markets may meltdown due to the insider trading scam.There will be a deep correction in the markets. Recession was on it's verge of withdrawal from the globe but the new devil cause more damage to the market. Because of the sensitive nature of the market the downfall will spread as wildfire.

PSU stake sale; reaction continues in the market

The positive reaction in the market after government declaration of stake sale in PSUs continues for the second day. It seems that traders are reacting in a drastic way over the decision. According to the finance minister government will sell 10% of it's stake in profit making PSUs. Apart from that government is reviewing the FDI hike recommendation in aviation and insurance sector which also became a positive news in the market.
Rupee appreciation due to the weakness in the US currency is also one major reason for the upward trend in Indian bourses. All the sectoral indices except FMCG attracted buying interest. PSU stocks recorded a 4% hike in price. MMTC Ltd, State Trading Corporation of India Ltd,Rashtriya chemicals and fertilizers and Dredging Corporation of India Ltd are the major gainers among PSUs.
It is beleived that in the coming week also there will be increased buying interest in Indian market. In the global scenario European indices witnessed buying interest due to the upward trend in the US. American job report card says the country is performing well. This also played a major role in moulding trader sentimence across the globe.

Golden bubble!!!!!!!!!!!!

If anyone thinks that the gold prices will come down I hug them because I am also of the same view. I don't have any strong reasons to say but I believe that it will come down. Crude oil prices and Indian indices touched it's peak and then started to came down. The economic curve is like this. It often shows ups and downs.
Recently RBI has bought gold from IMF. We keep the 200 tonnes as a reserve of this country. We lost faith in dollar which is going weaker and weaker. India is the biggest consumer of gold in the global scenario. Due to the shy rocketing prices the retail participation decreased by 30-40%.
Increasing gold price hike is a ause of worry for Indian households. Dowary is considered as a crime in this country but it is very common among people. If gold price again rises so many young girls will never be married.
If investor confidence is back and the markets come back to it's green zone there will be a slight fall in glod prices. But in the recent future there is no possibility of a correction.

Govt approves disinvestment

Now the path is clear. As it is declared earlier UPA governemt going to disinvest in PSU companies. After the cabinet approval government is going to dissolve 10% of it's stake in PSUs. The decision favoured the market sentimence and bourses witnessed buying interest. From it's weak opening Indian market bounced back strongly following the announcement. Another importtant development was that cabinet sectretery made it clear that the FDI hike in aviation sector would consider soon. There were expectation that UPA government would increase the FDI limit in Insurance and aviation sector to 49%.
These government decisions impacted indian market in a large manner. Gold and crude price hike are the major factors of worry. Global indices also trade in red, which is also a matter of concern for indian traders.

Indian market outperforms asian brothers

Thanks to the enthusiastic Indian traders. After a long 6 days losing streak Indian bourses closed firmly on wednesday.Indian market out performed other asian brothers. It was a good day for Indian bourses. All the beaten down stocks witnessed buying interest especially reality and metal stocks.

Bombay sensitive index or sensex recorded a gain of 507 points and closed at 15912. During trading hours sensex was very close to 16,000 mark. Nifty also witnessed buying interest and close at 4711 up by 147 points.

The volumes were low but the resumed buying interest clearly indicates that market will be in thepositive terrain soon.

Poem-The Painter

To my brother,

I heard your voice

Even before you were born

We are from the same mud

Our whispers

The smallest cries on earth,

Now we are away from it

Your canvas is waiting for colours

As a newborn waiting for it's mother

Past

Our dreams were black and white

But you had colours

The violet river of our ambitions were bigger than us

I agree,

Life was so cruel to us

We were alone all the time

Dead flies had fallen into our food;

Not once

The hospitals we lived

The roads we wandered

Never knew us

Our brown poverty was always ahead of us,

Ahead of time.

Present

Why you gave up your canvas

That was our only hope

The multicolour flag still melts in my heart

Nothing ends,

If anything ends

We will restart from the ending

Is the yellow sea and the pirates still lives in your mind?

Just paint it

Future

The future without future is nothing but death

Death as naked as a general hospital.

Mobile share trading all set to boom

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Indian Market Volatile Today

Volatile movement witnessed in Indian market today.Indian Indices opened lower after a big gap of three days. The second quarter results by companies were also disappointing. Buying at lower levels helped indices to bounce back. Last week Indian indices were down by 5.5 percent. In October indices were down above 7 percent overall.
Planning commission's growth forecast of 8 percent also influenced Indian traders. The sell off in Global Indices also was another reason for the bear arrival. Going ahead mixed response will be there in Indian indices. Now is the right time for an Intelligent investor to enter into the market.

Right time to invest in Indian Stock Market

Unlike in September Indian bourses witnessed mixed mood in the month of October. In the first half of October bulls had taken control over Indian markt. But the second half of the show was stolen by the bears. Particularly the last week of October witnessed huge selling pressure which was first of it's kind in the recent past. All the five trading days of the week ended in red. Due to the continuous selling pressure Indian indices broke it's important psychological levels. There were expectations of FII inflow into Indian market during October. But it turned upside down. During second half of October FIIs and DIIs became the major sellers in the Indian market. Selling with huge volumes transformed expectations into dark clouds of despair. The increase in volume clearly pointed out that FIIs are selling a lot.
Global factors were the main drivers on Indian market during the first half of October. Sensex traded well above 17,000 mark these days. From this top sensex came down and crossed even 16,000 mark to close at 15896. It is down by 7.19% from it's September closing. Nifty also can't survive the bear attack and witnessed a 7.31% down from it's last month closing. All sectoral indices were under pressure. In October Sensex touched a high of 17493 and a low of 15805.
September quarter results and RBI policy declaration were the main events during the month. Both evoked mixed response among investors. But more inclination was towards the red zone. Heavy weights like RIL and Bharti Airtel recorded a loss in the second quarter which was unbearable for the market. The IRDA direction of second billing was another factor lead to the sell off in telecom stocks.(But now all service providers are taking it positively). The RBI stand to cut the flow of free money into the market was not inline with the expectation of the market. RBI raised SLR rates 1 percent to 25% from existing 24%. Indian market behaved rudely on the day of this policy announcement. It also raised the provision for commercial real estate loans from 0.4% to 1%. The real estate sector witnessed huge selling pressure because of this policy change.
In the month of October reality sector was down by 15% from it's September closing. It was the most beaten down sector in October. The dull Q2 figures from some of real estate majors also added fuel to the selling pressure. SEBI allowed to increase the trading time from 9.00am to 5.00pm was another development during October.It is believed that with the change in the trading time there will be atleast 105 increase in the trading volume. But lot more to be done to implement the name change in an effective manner.
Midcap and Smallcap stocks were not away from the selling pressure. The pressure was more on Smallcap stocks which recorded a 7% fall during October. Midcap stocks were down by 5%. Oil and gas sector stocks declined by about 10%. The fire in the IOC plant in Rajasthan is still a concern of Indian traders.Engineering stocks witnessed a 6.4% downfall. Auto, Banking and Power sectors were down by above 5% from their September closing. Consumer Durable stocks were down by 4.5% and IT down by 3.17%. The least affected sector was health care which recorded a loss of 0.61% only.
Looking ahead only one idea will benefit-buy at falls. Due to recent panic selling good stocks are now available at affordable rates. Long term investors should milk the situation. The depressing Q2 numbers may be the passing phase of a worst situation. When the economy will be in it's full swing there will be something for everyone to smile. Opportunities don't come often.