Equity Markets

[pswaroop]

Hey can any one throw some light on commodity trading , risk involved, liquidity, timings, minimum investment, trading platforms...etc etc ....Does any one trade in these ....

[Anand_rao]

tell me about it.
of these recent IPO's i applied to 5 or 6 chosen and good IPOs and got allocated in only one. that too 1/5th of what i applied for

Originally Posted by gaurav440

Hi junta ...

Well ...the recently concluded saskens communication IPO has attracted huge investments and generated a great deal of interest among the public .

The IPO has been oversubscribed to the extent of 54 times in retail category alone ...277 times in Non Institutional category ....



Quite astonishing figures ....none of the recent or any past IPOs attracted such nos ....
Its beyond obvious that those striking an allotment will definitely benefit ...from the huge listing gains ....just that they have to be the luckiest lot

[Anand_rao]

Originally Posted by pswaroop

Hey can any one throw some light on commodity trading , risk involved, liquidity, timings, minimum investment, trading platforms...etc etc ....Does any one trade in these ....

u might want to get in touch with your broker. they would give u brief on this. word of caution - understand this well before you venture into this.

btw there is so much money to be made on equity, why venture elsewhere.

[dhadu_sagar]

Originally Posted by pswaroop

Hey can any one throw some light on commodity trading , risk involved, liquidity, timings, minimum investment, trading platforms...etc etc ....Does any one trade in these ....

Finally something I know about, well commodity trading is much like trading in stock futures, but for now is just plane and simple not much of options trading involed.



Three major trading houses in the field right now NCDEX, MCX and NMCE. Each with certain commodities specialisation, for eg. Gold in MCX has high volume trades and guar seed in NCDEX as well as rubber in NMCE. You have a host of commodities to trade in, each commodity has a crop season and moves with basic demand and supply rule. But even though things are pretty simple nobody can predict the commodity for a long run. One should trade in commodity one is familiar with, if he is not familiar with any commodity watch the market for a few days to study, silver would be a good bet to start with the price movements are not very drastic.

There is a lot of money into this and has been a trade for a very long time only now has it come into focus. About mutual funds in this segment please read my past thread. There are many brokerage houses involved in this and will gladly accept funds on ur behalf to trade. There are different offers that make for u to trade. I am involved with one such company abt which u can ask me if u want to. Anymore quaries in commodity trading pls ask!!!!

[gaurav440]

Originally Posted by Anand_rao

tell me about it.
of these recent IPO's i applied to 5 or 6 chosen and good IPOs and got allocated in only one. that too 1/5th of what i applied for

hi ,

The chances of getting an allotment in an IPO all boil down to the luck factor which is in turn affected by a no. of factors like ...oversubscription for a particular scrip , the quantity (no. of shares) for which u apply ...and the basis of allotment ..etc

The shares are generally alloted in a certain ratio for no. of applications received in that category ...For eg : In a retail category , if the bid lot is ..15 shares ...then bids will be received in the form of 15 , 30 , 45 , 60 shares and so on ...and each is a separate distinct category ...and depending on the no. of applications received in that category ...the allotment for shares is finalised .....

Needless to say ...the higher the no. of shares u bid for ...the higher the chances for u to procuring allotment ....until and unless the scrip is HEAVILY oversubscribed as in case for saskens ....

Happy investing till then

[ankursanghi]

Gaurav bhai,

Can you turn on the light on ELSS? how does it work and what is the difference between this and a Mutual fund?

Any points on Reliance ELSS???

[joy007]

Originally Posted by ankursanghi

Gaurav bhai,

Can you turn on the light on ELSS? how does it work and what is the difference between this and a Mutual fund?

Any points on Reliance ELSS???

I 'm not Gaurav, Still trying to throw some light to the forum.

Reliance ELSS( Equity linked Saving Scheme) is also a Mutual Fund. But it's an Open ended Scheme , with high risk & high return. Also you will get TAx rebate under Section 80.
That's why its locking period is minimum 3 yrs to get Tax rebate.And return is purely market linked , where you are not assured of any fixed return unlike some Mutual Fund.

[ankursanghi]

Originally Posted by joy007

I 'm not Gaurav, Still trying to throw some light to the forum.

Reliance ELSS( Equity linked Saving Scheme) is also a Mutual Fund. But it's an Open ended Scheme , with high risk & high return. Also you will get TAx rebate under Section 80.
That's why its locking period is minimum 3 yrs to get Tax rebate.And return is purely market linked , where you are not assured of any fixed return unlike some Mutual Fund.

Thanks Joy007.

I never meant only Gaurav to answer my query. I hope nobody takes offence at my imprecise language.

[zero_in_on_me]

could any1 outhere plz guide me how to make transactions in BSE/NSE thru virtual money... which sites r there ????? costs... etc etc

[desperado.]

Originally Posted by zero_in_on_me

could any1 outhere plz guide me how to make transactions in BSE/NSE thru virtual money... which sites r there ????? costs... etc etc

Been looking for exactly the same thing but havent found any yet.... Any pointers anyone????