ICICI BANK - 722.55 ( I suggested @ 430 on 24 Dec. 2008)
JP ASSOCIATE - 220.20 ( I suggested @ 75 on 24 Dec. 2008)
IDEA - 82.20 ( I suggested @ 50 on 24 Dec. 2008)
Punj Lloyd Limited - 207.25 ( I suggested @ 153 on 24 Dec. 2008)
Gujarat NRE Coke Ltd. - 47.20 ( I suggested @ 25 on 24 Dec. 2008)
IFCI Limited : 47.85 ( I suggested @ 21 on 24 Dec. 2008)
Television Eighteen India Ltd. - 149.40 ( I suggested @ 82 on 24 Dec. 2008)
Polaris Software Lab Limited - 95.65( I suggested @ 40 on 24 Dec. 2008)
Sun TV Network Limited - 254.20 ( I suggested @ 162 on 24 Dec. 2008)
Reliance Power Limited - 182.40 ( I suggested @ 122 on 24 Dec. 2008)

Auto sector stocks in Indian stock market will see sharp dip for few days. There is no sign for more income in near future in Indian Auto Sector. GM bankruptcy filling will make people away from auto stocks in SENSEX and Nifty.

Avoid investment in TATA Motors for two month.  TATA motor price is  overvalued now. It is currently trading at level 345 Rs. In March its price was around 138 Rs.

You will get all information for any instrument like FUTIDX , FUTSTK, OPTIDX, OPTSTK.  Symbol,  Expiry Date,  Option Type,  Strike Price,  Close Price, Today’s Change, Open Interest, Volume, Value (Rs. in Cr), Underlying. Most popular is CE and PE NIFTY OPTIDX.

Trading in Derivative market is associated with very high risk and very high reward. You should have much better understanding of Indian stock market before jumping in derivative trading.

The other chart and live data of derivative market available are-

Get Quotes

Nifty Futures

Top Quantity in FO

Top Value Traded in FO

Derivative Summary

FII Statistics

Daily Settlement Price

List of Underlying

Put Call Ratio

Most Active Put

Most Active Call

All Index Future

Top Gainers

Top Losers

Highest in OI

Lowest in OI

Increase in OI

Decline in OI

Most Active Contracts

BSE Currency Futures

NSE Currency Futures

MCX Currency Futures

Sensex will go down again, as any market can not remain in bull side only due to news of  stable government .

As you know, i have suggested people to invest in February 2009 in the post
Is it the right time to invest money in stock market. Market gained almost 60% from that point.

Now better to watch 2-3 month when market will again touch bottom and you will have better time to invest for more profit.

Tata housing is  going to make around  1200 low cost flat at Boiser. If this project will be a success, this project will be extended in other cities also.

This is another cost cutting facility by TATA afte NANO

Boiser is at a distance of around 100 km from Mumbai, It is still not practical for people to make daily trip from Boiser to Mumbai for daily work . There is no local train for Mumbai from Boiser.

As you know the cost of flats is Mumbai are quite high even at remote place, So this scheme is only useful to those people who is having tremendous difficulty is raising money for home  and they can bear some pain in long journey time. Not every one can get the home, there will be lottery to select lucky people who will get these cheap flats.

This type of new project can add lot of income in TATA company. But you should not buy any of tata stocks now, as the projects are only at initial stage.

TATA Housing

Property development arm of the Tata group of companies. Company profile, information about residential and commercial projects, buyers guide

www.tatahousing.com

Check India Maharashtra Boisar location on wikimapia.org

This is a closed mutual fund scheme, so nobody can take away their invested money in Magnum TaxGain before three year of investment.

Fund Managers performance for this mutual fund is weak. There are many investment strategy by which even in falling share market, clever people can make money from stock market, but the fund manager of SBI MF is doing nothing and takes away 2.5 % of invested money as administration cost.

Mutual fund is not a good way to invest money.

If you are getting any income through stock trading in one financial year, you are suppose to give income tax for that earning. If you are getting money from any other source other than regular, you are suppose to give income tax for it.

If you think that income tax department will not be able to find your other extra income, your thinking is wrong, using PAN CARD number they can track all money and source of income that you put in your bank .

The punishment for showing wrong income or hiding any other income will cause you to pay minimum three time of tax as penalty, some time only money penalty will not be sufficient, so they will put the defaulters in jail.

For more and official information visit here

It seems that market will not crash much in near future, so this a good time to invest. But it will take longer time for stock market to gain from this point.

All index are nearly constant for a long time. If market have to crash, it would crash earlier, this is a good indication that sock market is now at bottom position.

Anyone who will invest in this time will not have any regret in future, even if market will dip, it will recover to current position quickly.

Buy only reputed low priced stocks for at least 4 month

As per our Indian IT laws every tax payer is eligible for savings under section 80C for amounts up to Rs. 1,00,000/- To know about the various options that we have to save tax under section 80C pls.

This article is about Equity Linked Savings Scheme (ELSS). ELSS schemes are one the best tax saving instruments that have been offering great returns for our investor public over the years.
What are Equity Linked Savings Schemes?
An ELSS is a kind of Mutual Fund and is similar to any diversified equity mutual fund in many ways. An ELSS gives a tax benefit and comes with a lock in period of 3 years. Investment avenues of an ELSS are a mix of various asset classes such as equity, debt, gold and real estate.
Some advantages of ELSS are
* The 3 year lock in period prevents withdrawals and thus allows your money to grow over a period of time. Long term investment in equities gives better returns than any other investment instrument.
* It gives tax benefits (Up to 30% for people in the highest tax slab)
* Gives the flexibility to invest small amounts through a Systematic Investment Plan (SIP)
As an ELSS investor, your interests will be safeguarded by two separate market bodies. The Association of Mutual Funds in India (AMFI) and the Securities and Exchange Board of India (SEBI)
Let me explain the returns on an ELSS with an example:
Lets assume you invest Rs. 1 lakh this year in an ELSS scheme and you are in the highest tax bracket.
Invested Amount = Rs. 1,00,000/-
Income Tax saved = Rs. 30,000 (30% tax slab)
Net amount Invested = Rs. 70,000/- (I have deducted the 30,000 because you get it back up front after your investment as income tax benefit and you effectively invested only Rs. 70,000)
Let us assume your equity investment grows at the rate of 15% per annum.
Investment value at the end of the First year = 1,15,000/-
Investment value at the end of the Second year = 1,32,250/-
Investment value at the end of the Third year = 1,52,087/-
Assuming you encashed your investment at the end of the 3rd year you will get Rs. 1,52,087/-
Profit you realized = Rs. 82,087/- (You invested only Rs. 70000 effectively remember the tax saved)
Profit percentage = 117% (For 3 years together)
Returns % per year = 39%
A Returns of 39% per annum is something we cannot expect in any other form of investment. Thus ELSS schemes make one of the best investment options.
How is your ELSS Money Invested?
This is a very common question that people have. The asset allocation is pre-determined and is in accordance with SEBI guidelines. Between 60% to 100% is invested in equities, cumulative convertible preference shares and fully convertible debuntures and bonds of companies. Money market instruments account for anything between 0% to 20% The asset allocation shows a tilt towards equities which has the scope for providing good returns for us. The choice of industries and allocation to mid-cap and large-cap companies depends on the individual scheme & its fund manager. As an investor, we must first understand the objectives of the fund and also go through the offer document before investing.
Difference between an ELSS fund and a Equity Diversified Mutual Fund
Both ELSS and Diversified equity schemes have the same risk profile. Both are high risk - high return investment avenues. The major difference lies in the fact that an ELSS scheme has a lock in period if 3 years and a diversified equity scheme comes with no such conditions.
It is always advisable that Equity investments be made for the long term to help the fund outperform other asset classes. The lock in period for ELSS supports this view and also allows the fund managers to plan a strategy that would be beneficial in the long term. On the face of it, the 3 year lock in stipulation might be a deterrent to investors, but it has its own advantages.
* By forcing us to wait 3 years, it makes us take a long term view of the market, which induces investing discipline to a certain extent
* The real potential for returns from equities can be realized only if we stay invested for at least a few years
* The fund manager knows that the investment would not be encashed in the next 3 years and hence they can plan and devise a strategy that can help us benefit. The manager can choose the sector and stock bets with freedom that he does not get in regular equity schemes
The performance of an ELSS and a diversified fund may also vary.
The difference in performance usually arises from the differences in managing styles and the market rewards for a particular style at a given time. ELSS schemes may have a small & mid cap bias. Fund managers may like to take advantage of the lock in period to exploit value stories in these sectors. Many diversified equity funds tend to have a large cap and growth bias. Therefore, during periods when growth stocks and large caps dominate, diversified equity funds would outperform ELSS Schemes.
But if we calculate the returns of ELSS schemes including the tax benefits we get out of it, they would outperform the diversified equity class.