Thursday, February 28, 2013

Union Budget 2013-14 Highlights

The below given are key highlights of Union Budget 2013-2014 

Rs 14,000 crore capital infusion a positive for PSBs

Inflation indexed bonds to help increase penetration of debt markets

Hike in JNNURM allocation to benefit bus manufacturers

Hike in excise duty on phones above Rs 2000 a negative for telecom companies

Hike in import duty on STB to increase subscriber acquisition cost for MSO / DTH

PPP with Coal India Ltd. - a positive over long term

Focus on roads & housing positive for cement sector

Hike in JNNURM allocation to benefit bus manufacturers

MFs to have greater access to long term investors with ETFs & Debt MFs allowed as investments for PFs

Hike in incentive for housing loans below 25 lakhs - a positive for real estate and HFCs

MFs to have greater access to long term investors with ETFs & Debt MFs allowed as investments for PFs

Debt trading on stock exchanges to improve transparency and penetration of debt markets

Dewan Housing to benefit from additional deduction on interest towards first home loan

Low cost funding through IREDA a positive for renewable energy space

PMGSY II to be carved out - rural roads implementation to gather momentum

TUFS of Rs 1,50,000 crores in 12th plan - a positive for textile investment

Wind energy generation based incentive of Rs 800 crores is a positive for Renewable Energy sector


Wednesday, February 20, 2013

Journey from Peanuts to Millions

        It’s been always told to us that money making is not easy. We also know it for a fact, that yes, it’s not. It takes a lot of hard work to become richer and for sustaining the Wealth created.

I would like to tell you about someone who actually made money easily, without even knowing much about what exactly was going on, but kept patience with discipline and got paid off.

It’s a story about a common man with an extra-ordinary investment experience.

Long time back in the year 1999 a small farmer who knew nothing about stock market himself and was a total layman and least bothered about any Stock Exchanges. But he had a friend who was involved in Equity Investment, in fact was a wise stock broker (rare species today).

One day the friend on a cup of tea advised him for investing into Equity for long term. The farmer being a novice and also not cash rich couldn’t understand that what he’s supposed to do?

Wednesday, February 13, 2013

Buying Relcapital in Trading Portfolio

After a month buy period now I am looking into buying Relcapital at Rs.400 as valuation recahed fair.Relcapital was trading at 480 last month and have corrected to 20% in this month.Its due to selling by DII  in stock.Ahead of new banking licence guidelines I Dont expect stock to correct further from here onwards
Adding 25 Relcapital shares at Rs.400 in trading portfolio and My reserve in trading portfolio is reduced from Rs.92034 to Rs.82034
Currently I own Strides Arcolab,Bajaj Finserv,Jai Corp,DCB and Relcapital in trading portfolio