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Markets at 12,450…what to do?

The Sensex has hit the 12,450 mark, just short of it’s all time high of 12,671 in May. What does one do now? The recent rally has been a large cap rally, ...

Are you saving or investing?

There are two kinds of people, really – those who have extra money left over at the end of the month, and those who don’t. I’m assuming ...

Stock updates: GMR, RIL, SBI and Balaji

GMR Infrastructure – Post IPO story I had suggested avoiding the GMR IPO, which was later issued at Rs. 210 per share. Current Price: Rs. 225.05 IPO ...

Nifty, Sensex and Bubbly?

Mark has responded. (History: He posted about the BSE Stock Bubble, I responded, he said something was wrong, and then I attempted a clarification.) Mark makes ...

Kotak’s new “Flat” plan…worth it?

Kotak has now introduced a Flat Plan, with a flat brokerage of Rs. 9 or Rs. 20 (the lower amount has a fee Rs. 500 a month) One of the caveats is that the flat ...

Indian stock markets: A bubble, or time to buy?

Mark Mahorney writes about the BSE bubble. His feeling is: 1. Nothing justifies a massive upmove in the Sensex (200% in three years). 2. American investors ...

GMR Infrastructure IPO: Not worth buying

GMR Infrastructure is coming out with an Initial Public Offering (IPO). The price band is Rs. 210 to Rs. 250. Retail investors will get a 5% discount on the ...

Mutual Funds: The rules have changed

New Rules for New Fund Offers 1. Initial Issue Expenses: I had written about this in an earlier post (Mutual Funds must toe the line) and there is now a ...

Reliance Petroleum Oversubscribed

The Reliance Petroleum (RPL) issue was oversubscribed over 51 times. This means there were at least 51 offers to buy every share available. The ...

Mutual funds must now toe the line

Sebi has recently moved to correct two HUGE problems with mutual fund offers in India. 1) MF Issue Expenses: Earlier, Mutual Funds used to charge upto 6% of ...