From the category archives:

Investments

DSP BlackRock Mutual Fund – DSP BlackRock World Mining Fund

DSP BlackRock Mutual Fund has launched a new open ended fund – DSP BlackRock World Mining Fund. The fund will invest into the BGF – World Mining Fund and other similar overseas mutual fund schemes. The face value of the New Fund Offer (NFO) will be Rs 10 per unit.

Fidelity Mutual Fund – Fidelity India Value Fund

Fidelity Mutual Fund has launched a new fund – Fidelity India Value Fund. This is an open-ended diversified equity fund benchmarked to the BSE 200.The fund will invest in Indian and international equities, especially undervalued stocks.

Axis Mutual Fund – Axis Equity Fund

Axis Bank promoted Axis Mutual Fund has launched its first equity fund, Axis Equity Fund. This is a diversified equity fund benchmarked to the S&P CNX Nifty.
The fund is available in two options – growth and dividend. Dividend option will further offer dividend payout and reinvestment facility.

BSNL planning to launch IPO next year

India’s State-owned telecom company Bharat Sanchar Nigam Limited (BSNL) has planning to launch its initial public offer (IPO) by next year. The company was awaiting approval from the government for its initial public offering (IPO).

Reliance infrastructure mutual fund

Anil Dhirubhai Ambani group-controlled Reliance Mutual Fund, which is one of the big mutual fund houses of India, has launched its latest New Fund Offer (NFO), called Reliance Infrastructure Fund. This is an open-ended equity fund that will invest significantly in equity and equity-related instruments of companies engaged in infrastructure and infrastructure-related sectors such as [...]

Sensex at 1 lakh points by 2025

US-based global equity research group Elliot Wave International is predicting that India’s benchmark index Sensex could reach 1,00,000 points within next 15 years (2025) based on technicals and current patterns.
The Indian stock market benchmark Sensex had scaled an all-time high of 21,206.77 points on January 10, 2008 before embarking on a downward journey, wherein it [...]

Nifty – National Stock Exchange (NSE)

The National Stock Exchange’s key index is the S&P CNX Nifty (known as the Nifty). It represents the 50 largest and most actively traded stocks of 22 various sectors on the National Stock Exchange.
National Stock Exchange (NSE) is the third largest Stock Exchange in the world in terms of the number of trades in [...]

How to calculate BSE Sensex and NSE Nifty?

Sensex is calculated using the “Free-float Market Capitalization” methodology. Instead of using a company’s outstanding shares it uses its float, or shares that are readily available for trading. All major index providers like MSCI, FTSE, STOXX, S&P and Dow Jones use the free-float methodology.
It is calculated taking into consideration prices of 30 largest and most [...]

Sensex – Bombay Stock Exchange (BSE)

Sensex is the short form of the Bombay Stock Exchange Sensitive Index. It represents the 30 largest and most actively traded stocks of 13 various sectors on the Bombay Stock Exchange (oldest stock exchange in Asia).
Bombay Stock Exchange (BSE) is the world’s number one stock exchange in terms of the number of listed companies. The [...]

Gold Investment – Gold prices in India touch record high

Gold prices touched a record high at Rs 15,200 per 10 gram on the bullion market in India, the largest consumer of gold in the world. In international markets, gold too jumped at a seven-month high of $960 per ounce.
Yellow metal or Gold has gained 32% over the last one-year (11,500 per 10 gram on [...]

How to make money from stock market?

A share or stock is a document issued by a company. When you buy a share, you are buying part of the company itself. You become part owner of the company. If you are planning to invest in the stock Market, You can learn a lot about investing in the stock market by doing some [...]

Introduction to Forex

The Forex trading (foreign exchange) refers to the market for currencies. The average daily volume in the global forex and related markets is continously growing and was last reported to be over US$ 4 trillion in April 2007 by the Bank for International Settlement. You can start a forex trading with a small capital investment. [...]

Microsoft software to help investors track stock markets

World’s largest software maker Microsoft crop has developed a financial program designed to help investors track stock markets. Microsoft will offer a test version of the program through the web site of partner Zignals, an online finance firm.
The software helps users analyze patterns and build trading strategies, competing with similar program used by investment banks. [...]

Japan's Daiichi Sankyo buying controlling stake in India's Ranbaxy Laboratories

Japanese second-largest pharmaceutical company Daiichi Sankyo Co. buys up to 51 per cent stake in Indian drug maker Ranbaxy Laboratories at Rs 737 a share, with a deal valued at about $4.6 billion.
Malvinder Singh will continue to lead Ranbaxy as CEO and managing director, and additionally assume the position of chairman of the board.

Jewellery retailer Group Joy Alukkas plans to go in for IPO

Jewellery retailer Joy Alukkas Group plans to go in for Indian Capital Market (IPO) during current financial year. Mr. Joy Alukkas, Chairman of the Group said that the size of the IPO was likely to be about Rs. 400 crores.
Joyalukkas Jewelers is an ISO (ISO 9001 and 14001 certification) certified group and world’s leading 22 [...]