Some Funny Abbreviation's

The latest abbreviated forms:-

1)PE - Plunge Endless

2)EBITDA- Exit Before It Tumbles Down Again

3)QIB - Quixotic Indian Blunder

4)HNI - Has No Idea

5)FII - Furious Impoverished Investors

6)PMS - Premeditated Scam

7)SIP - Suicide by Investing Patiently

8)Fund Manager - Last year’s ace stock picker now locked up in an asylum

9)Investor - Someone who is broke

10)Broker - Worse off than an investor

11)Correction - The next day after you bought shares

12)Momentum buying - The fine art of buying high and selling low

13)Value buying - The art of buying low and selling even lower

Why I like bear market!!!

This is again my personal view. You guys must be having a different take on this issue. So guys share you views as comment to this post.

The reasons why I still like bear market even though I m sitting on huge losses is as follows:

1. For young and new investors like us it gives a great buying opportunity.
2. I remember before Jan ’08, I just use to see the share price of Blue Chip and thought these are not my cup of tea. Suddenly five months down the line, I am buying Blue Chip like Reliance and L&T.
3. The bear market takes the poison of “overvaluation” out of the stocks.
4. During the BULL run, you find a lot of analysts and advisor deluging there recommendation. Never in a bear run have I got any recommendation. So you have a lot of time to apply your brain and heart to select a stock.
5. The bear market makes you understand the value and meaning of PROFIT BOOKING. Lot of long turn investor, say an investor who invested three year back, must have got nothing for his patience. If he had thought of rotating his money after every completed year. He would have made a lot. Rotating and booking PROFIT is an art which an investor need to learn. Putting the money and forgetting it is not the best of strategies.
6. A bear market exemplifies the saying “CASH is KING”.
7. If one knows how to deal with derivatives, he can make a lot of money by trading PUT strategy.
8. The best is part is that you know….. the Morning is near….. and Bulls will return sooner…. So guys take this as an opportunity and believe me LOSS is not loss until its realized. The same holds true for PROFIT…..

Rising FD rates to cheer depositors

There is some good news for retired persons and those dependent on interest income as banks have started increasing their fixed deposit rates following the decision of the RBI to hike the short term lending rate by 0.25%.
Oriental Bank of Commerce has revised its fixed deposit rates for various maturities and raised the rates for its special deposit scheme Asha Kiran (FDs for 400 days) to 9.75% for senior citizens.
This is probably the highest interest rate being offered by the city based public sector lender on 13-month deposit.
Though the senior citizens would get a rate of 9.75%, others will receive 9.25% for 400-day fixed deposit from OBC.
Even the new generation private sector lender Yes Bank increased the deposit rates by 0.5% across all maturities.
After the recent revision of interest rates by Yes Bank, senior citizens would get a maximum of 10% on fixed deposits with a maturity of one year to 18 months. The others would receive a return of 9.5%.
Country's largest public sector lender, State Bank of India, also revised fixed deposit rates upward by up to 0.5% for selected tenures effective June 1.
SBI increased fixed deposits rate for 5-10 years by 0.5% to 9% while 3-5 years tenure was hiked by 0.35%. Senior citizens will get 0.5% more.
Another Mumbai-based lender Bank of India also increased deposit rates up to 0.5% for various maturities.
For deposits having a maturity of one year to less than two years, the revised rate stands at 9.15%, against the earlier rate of 8.50%, while for deposits ranging from two to three years, the new rate is 9.25% as against earlier rate of 8.75%.
Similarly, fixed deposits of Bank of India having a maturity of three to five years will earn 9.50% interest, against the earlier 8.75%.
"The rates have been revised with a view to mobilise funds from deposits in the beginning of the financial year. We will review our rates by June 30, after which they might be revised again," the BOI official had said.
There would be a case for further upward revision of fixed deposit rates in case the inflation, as projected by many analysts, goes up to 10%.
Moreover, the banks would have to raise fixed deposit rates to retain the deposit base, says brokerage firm Edelweiss Capital in its recent analysis on impact of repo rate hike on the banking sector.
The study further pointed out that following recent hike in repo rate, bottomline of those banks which are dependent on wholesale money market for funds would come under pressure.
New Delhi: There is some good news for retired persons and those dependent on interest income as banks have started increasing their fixed deposit rates following the decision of the RBI to hike the short term lending rate by 0.25%.
Oriental Bank of Commerce has revised its fixed deposit rates for various maturities and raised the rates for its special deposit scheme Asha Kiran (FDs for 400 days) to 9.75% for senior citizens.
This is probably the highest interest rate being offered by the city based public sector lender on 13-month deposit.
Though the senior citizens would get a rate of 9.75%, others will receive 9.25% for 400-day fixed deposit from OBC.
Even the new generation private sector lender Yes Bank increased the deposit rates by 0.5% across all maturities.
After the recent revision of interest rates by Yes Bank, senior citizens would get a maximum of 10% on fixed deposits with a maturity of one year to 18 months. The others would receive a return of 9.5%.
Country's largest public sector lender, State Bank of India, also revised fixed deposit rates upward by up to 0.5% for selected tenures effective June 1.
SBI increased fixed deposits rate for 5-10 years by 0.5% to 9% while 3-5 years tenure was hiked by 0.35%. Senior citizens will get 0.5% more.
Another Mumbai-based lender Bank of India also increased deposit rates up to 0.5% for various maturities.
For deposits having a maturity of one year to less than two years, the revised rate stands at 9.15%, against the earlier rate of 8.50%, while for deposits ranging from two to three years, the new rate is 9.25% as against earlier rate of 8.75%.
Similarly, fixed deposits of Bank of India having a maturity of three to five years will earn 9.50% interest, against the earlier 8.75%.
"The rates have been revised with a view to mobilise funds from deposits in the beginning of the financial year. We will review our rates by June 30, after which they might be revised again," the BOI official had said.
There would be a case for further upward revision of fixed deposit rates in case the inflation, as projected by many analysts, goes up to 10%.
Moreover, the banks would have to raise fixed deposit rates to retain the deposit base, says brokerage firm Edelweiss Capital in its recent analysis on impact of repo rate hike on the banking sector.
The study further pointed out that following recent hike in repo rate, bottomline of those banks which are dependent on wholesale money market for funds would come under pressure.

Why the market is tumbling down???

Guys, finally I m posting my personal views on this issue. Now go though the reasons and see if they satisfy you.

1. Uncertain Governments of India and USA. USA would be going for elections in a couple of months. That’s why many of the IT and export based companies are doubtful about the renewal of their license. McCain and Obama are two different ends of the pole. Thus companies are waiting for the elections to be over. In India, until the Nuclear deal issue is solved, a lot of uncertainty is likely to prevail. Moreover until the result of Lok Sabha poll is out, market will remain gloomy.
2. Rising Crude Oil Prices. We all know that the price of crude oil is not decided on the demand and supply factor. And I firmly believe if in future there is going to be a nuclear war, it would be for Oil. There is no denying the fact that Crude will touch $ 200/barrel and will keep haunting the global indices.
3. Rising Inflation. Inflation is a global phenomenon now. Even though the method of calculating headline inflation varies from country to country, we all are witnessing it. This time inflation has hit hard. The raw material prices have gone high. Be it any sector, they are under tremendous pressure, even Nano is feeling the heat. Taming inflation will require improving supply-side economics.
4. Sub-prime Mortgage. Each one of us know that bourses are the slaves of big players like Mutual Fund, Brokerage Firms and HNIs. The Sub-prime mortgage has hit all MNC banks and big players in a big manner. Trillion dollars have been lost. The big players like CITY, Hedge Funds etc are in tremendous pressure.
5. Weakening Dollar. Dollar has weakened against majority of currencies in the world. As a result currencies like Rupee, Yen have appreciated creating the problem.
6. Election Year. Last but not the least, since this is an election year, government lacked in making policies which are in favor of corporate. May it be ECB, Monetary policy, Exemption in IT, FDI et al. So, the result is evident.
7. Business Cycle. Like every business, markets also follow a cycle….. this is for sure the recessionary phase….. After every night there is a fresh morning…. So guys donn loose your heart…