Equity Markets

[rockball]

Originally Posted by xcoolaryan

Puys, one more query....

I know one need a Demat account to buy / sell shares.... now I want to open demat account in my name ..

I visited website of various banks such as HDFC, ShareKhan but problem is they provide service to very limited cities and I am being from a small town (taluka place) so my city is not listed in their list

So what option do I have? Is there any company which will provide Demat Services all over India?

You can go thru other options as well like Religare, Kotak, Reliance.
I suggest consider the amount and frequency of trading that you will conduct. Since the different companies will better suit different requirements.
For ex, Reliance has a high fixed cost but less brokerage on trades above a certain limit. So thats very good for a person who trades a lot. Another like Religare may have consistent brokerage on trades but a low fixed cost. So think of those.

You can always call the customer helpline of any of them and ask about services for your town.

[willsurelywin]

int development in real esate sectoer

EMMAR MGF which came out with a IPO@600 which failed has now sold shares to citibank at 300 which devalues emmar landbank by 50%

clearly means there is huge downside in real esate stocks and property prices.

big crash seems sure in real esate

[spicyforsure]

Originally Posted by willsurelywin

int development in real esate sectoer

EMMAR MGF which came out with a IPO@600 which failed has now sold shares to citibank at 300 which devalues emmar landbank by 50%

clearly means there is huge downside in real esate stocks and property prices.

big crash seems sure in real esate

Emaar MGF was a high priced IPO which was one of the reasons why it did not get subscribed...market crash being the other... So it may not be a huge impact on the market... and I cant expect Unitech or DLF going down any more...they have come down enough...

[konqueror_vivek]

Originally Posted by willsurelywin

int development in real esate sectoer

EMMAR MGF which came out with a IPO@600 which failed has now sold shares to citibank at 300 which devalues emmar landbank by 50%

clearly means there is huge downside in real esate stocks and property prices.

big crash seems sure in real esate

Emaar MGF was a very ambitious IPO, at 600 it was horrendously overpriced, even at 300 I guess the management will be getting good driving money for their business, Emaar also arranged some $800 million from some PEs (I- Banks I guess). Slowing down real estate is a different story, which has different implications in different cities, For example - in Delhi - Noida region the prices have dropped because of large supply and not so huge demand, however, in a city like mumbai, the prices have increased to 300% in last 2 years is because of huge demand.
I remember in 2001, Hiranandani Powai (Central sub-urban place in Mumbai, near IIT Bombay), was priced at 3,500-4,000 Rs / sq-ft, and now the rate is around 13,500-14,000 Rs / sq-ft.

[rockball]

Emaar IPO may have been priced too high. But a real estate crash could very well be on its way. History has it that whenever a sustained stock market rally is halted, a real estate crash is seen.

[jshah29]

Originally Posted by rockball

Emaar IPO may have been priced too high. But a real estate crash could very well be on its way. History has it that whenever a sustained stock market rally is halted, a real estate crash is seen.

totally agree... its just matter of time that real estate slowdown will start showing...

[willsurelywin]

real esate

i think prices wont fall much in places like mumabi and delhi since there is huge black money whih comes in all the time to increase prices

but i think places like gurgaon,noida,banglore which are just IT hubs may see big falls as prices here are just beyond reach of working professionals.

also all these real esate players sell houses at 100% profit margin,

maybe we can see 30-40% fall in these IT hubs

[xcoolaryan]

Puys, check this out

Relisting after 7 years, KGN stock rockets 76000%

does any1 have any idea how what's the real story behind it? are promoted playing game here as only 700 shares are available in market?

[reachmonil]

Originally Posted by xcoolaryan

Puys, check this out

Relisting after 7 years, KGN stock rockets 76000%

does any1 have any idea how what's the real story behind it? are promoted playing game here as only 700 shares are available in market?

It is an interesting read. It brings to limelight, a probable flaw in SEBI's listing day rules, which do not impose any circuit on a on the day of listing. And then, a 5% circuit applied from today! Imagine, how may weeks / months / years would it take for the script to reach it's lows if ever that were to happeN!

[vik_birla]

Is there any place where I can find the inflation data for previous years.
Lets say I want to know what was the inflation rate for the month of June in 2006.

Any link or website may be helpful

thanks