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Showing posts from March 15, 2015

Nifty at an important support level, breakdown below the support may make Nifty test 8500 levels. Interest Rates hike in US by Federal Reserve may trigger the breakdown !!

As we eagerly wait the FOMC meeting outcome which many feel can have a negative impact on the Indian Financial Markets as it is expected that the US Federal Reserve may raise the US Interest Rates in June. Such a move can strengthen the already strong looking Dollar and shake the emerging markets like ours. At the moment 8620 seems to be an important support level and once broken can further take markets down by 1-1.5% to 8500. However markets may resume its uptrend if Nifty closes above 8760. Trade Cautiously !! If you don't understand what is happening, best is to stay away !!

Ignoring Rajan's 2005 prediction was a big mistake: Lagarde - MoneyControl

Rajan, now the Reserve Bank Governor, was the Chief Economist and Research Director at the IMF during 2003-2006. Showering fulsome praise on Raghuram Rajan, IMF chief Christine Lagarde on Tuesday said not listening to his prediction of 2008 credit crisis was a big mistake of the multilateral funding agency. Rajan, now the Reserve Bank Governor, was the Chief Economist and Research Director at the IMF during 2003-2006. He is credited with correctly forecasting in 2005 an impending global financial crisis at the annual meeting of prominent economists and bankers at Jackson Hole, US. "The period when nobody was really forecasting the prices that what he did...thing that was one of his many-many accomplishments. One of the many drawbacks of the Fund was not listen to him enough at that time. "But, we do now pay attention to anything that 'Raghu' says," Lagarde said at an event organized by the Reserve Bank, which the Governor chaired this evening. Lagarde said...

The Art of Investing

We are happy for the thousands of investors who are counting on the investments in stock markets to deliver them a hefty, safe, sound , long term return, however at the same time we are also worried for the millions of baby boomers who are counting on stock prices for their petty returns.

Feb WPI inflation falls to all-time low of -2.06%. Inflation, as measured by the wholesale price index (WPI), fell to a steep -2.06 percent, marking the fourth straight month of deflating prices.

Inflation, as measured by the wholesale price index (WPI), fell to a steep -2.06 percent, marking the fourth straight month of deflating prices. A CNBC-TV18 poll of economists forecast WPI to come in at -0.65 percent. Data released by the government today showed year-on-year inflation fell to the lowest level since it has been tracked in the current 2005 series. WPI inflation for December was revised lower from 0.11 percent to -0.5 percent. The February contraction was led by a month-on-month decline in all three broad groups that make up the index. Primary articles (index weightage: 20.11 percent) were down 1.9 percent, fuel & power (weightage: 14.91 percent) fell 4.43 percent, while manufactured products (weight: 64.97 percent) were down 0.26 percent. Primary articles comprise primarily of food articles; fuel & power group is made up from coal, oil and electricity; manufactured products comprise of food products, textiles, chemicals, basic metals among others. “At -2 perce...

The Indian Stock Markets, Investor Story and NDPMS Mentorship Program

Onset, I would like to introduce my self to you. I completed my regular masters in business administration with functional in finance from Panjab University. I am a founder member of NDPMS Wealth Management.  We are financial services provider and started our operations in May 2012 from Chandigarh. We are a child concern of SM Investors (since 1985). For well over three decades now, SM Investors have been helping investors reach their financial goals, and live fuller, richer and more satisfying lives. Over these years, our family has made hefty returns in form of strong relations with our clients, employees and stakeholders. Now, with our training program, we are all set to make our presence felt with people; who want to but still are reluctant in investing into Indian financial markets. We remain committed to offer the best of our services, skills and expertise to all our valued investor clients. We aim to provide an unparalleled quality of financial service ...