Showing posts from November 15, 2009

By C. Kutumba Rao - November 16th, 2009

Propelled by robust industrial numbers and positive global cues markets extended their gains during the week ended.
On the Bombay Stock Exchange (BSE), the Sensex gained 690 points to end the week at 16,849 and the Nifty on the National Stock Exchange (NSE) scored double century to close barely below 5,000-mark at 4,999.
The government's assurance that there will be no withdrawal of stimulus packages till the global economy stabilises, fast track clearance of disinvestment of some public sector units and a renewed buying from institutional investors kept the market sentiment positive.
Keep an eye on the four important Bills to be tabled in the Parliament in the Winter Session. A quick passage will indicate the present United Progressive Alliance (UPA) government's resolve to implement reforms on the fast track.
Barring any unforeseen negative cues from global front or any "ruckus" in Parliament over the UPA government's aggressive reform agenda, markets are expect…

Honing stock-selection skills

To reap gains in the stock market over the long term, understand what type of investor you are and then make your investment moves accordingly.
Manish ShahInvesting in equities may seem like a simple business, but more often than not, it is more complex than one would imagine. The moot question is that with all of the hundreds of thousands of stocks available in the market for us to choose from, how does one know which stocks to invest in? Should one pick a stock because it is in an industry that interests him or her? Or should investors let their emotions drive their stock picks? Here, we look into the mind of a value investor to understand how one should go about investing in the equity markets in order to realise gains on a long-term basis.But before that, you may have to understand what type of investor category you fit in. Type I This class of investors does not have the time or the ability to make judgmental calls on the stocks/sectors. There are investors who have very…

Cox and Kings (India) — IPO: Invest

The company's strong brand image, wide geographical reach, synergies of operations and the economies of scale it enjoys are positives.

Mr A. B. M. Good, Chairman, and Mr Peter Kerkar, Executive Director. Srividhya SivakumarInvestments with a long-term perspective can be considered in the initial public offering of the global tour operator Cox and Kings (C&K). The company's strong brand image, wide geographical reach — both within the country and across major global markets — synergies of operations between its various subsidiaries and the economies of scale it thus enjoys are positives to the offer. Despite last year's declining trends in the global travel and tourism space, C&K managed to not just grow it revenues but also improve its operating margin and profits. C&K's strong domestic market position helped by improving discretionary spends by Indian consumers and its newly acquired presence in high potential markets of the US and Australia offe…