Teen Traders' Blog

Media and news is something very important for traders. Why am I emphasizing on listening, watching or reading to news so much? Because you need to know what the companies on the street are doing , planning to do, won’t be able to do or are quite capable to do. Companies have to justify every move they take to the Market Regulators such as SEBI or SEC. They therefore take shareholders consent before taking major moves. They announce their strategies, their projections and reports to the media. Hence media contains quite valuable information about the trajectory in which a stock or in a broader perspective, the market shall ride.

 So what we see in movies that one threatening sentences by companies(mainly fraudsters) change the course of their trajectory is many a times true. Not only Fraudsters but even when companies announce their quarterly or yearly results, the course of  their stock prices change. So staying alerted and informed is something that you should certainly not neglect.

-Aditya Birla Group’s Spice Communications soared 8.75% to Rs 78.95 on bargain hunting after the stock corrected 10.48% in the preceding two trading sessions to Rs 72.60 on Friday, 11 September 2009. The scrip topped the gainers in the BSE’s ‘A’ group.IndiaInfoline

-Indian real estate market is on its way to recovery: Makaan.com survey.

-Sun Pharma gets US anti-trust clearance for open offer.BusinessStandard

-China files WTO case over tire tariffs, Obama says they are aimed at making trade systems work.YahooFinance

-Compton Greaves, a unit of Avantha Power & Infrastructure, is reportedly interested in bidding for Areva SA’s transmission and distribution unit and has sought information on the sale.IndiaInfoline

-Real estate developer HDIL has agreed to pay tax on additional income of Rs 350 crore following raids by the revenue department, the company said in a statement today, denying it had done any wrong.BusinessStandard

-Tata Motors unveils Tata SK 407 Tipper in Keral.IndiaInfoline

-Magna: 10,500 Opel jobs in Europe could be cut. YahooFinance

-Indian drivers not good enough for F1: Mallya.BusinessStandard.

-Oil India IPO priced at Rs 1,050/share; listing on Sep 30.EconomicTimes

-Tata Motors raises Rs 236 cr via share sale in Tata Steel.BusinessStandard.

-Wipro Ltd, India’s No 3 software services firm, is seeing a pick-up in growth momentum in Europe in this quarter on increased outsourcing and stability in billing rates, a senior official said on Monday. EconomicTimes
-Omaxe to build township in Lucknow, eyes Rs 2,800 cr revenue-BusinessStandard.

What if you don’t want to do your Homework or you don’t have the time to do your homework , then maybe the stock market is not for you. Put that money into Fixed Deposit or a low-risk Mutual Fund and forget it. Be happy with the returns the low risk Fund manager gives you. Just Remember this-

“ NOTHING COMES EASY.”

 Investing is just like any other business. You have to give time and efforts to it. But the benefit in investing is, you can do it side-by-side your existing area of work. So you don’t need to quit your job to start investing in the stock markets. But that is not the case in businesses. In a business, you will have to give up your job or else you don’t have a chance to succeed and take your company to the desired levels. All you need to do is devote some time of the day to search for market fundamentals, the direction of the economy and various other things. So your next question would be, How do I research about the campanies? For that wait for our next article.

I get this question all  the times. What are the “hot” stocks and if I have Rs.X amount of capital, then where do I put my money? This is like asking Which country is going to win the World-Cup? You don’t exactly know which country will but still you can figure out which are the best bets for instance in cricket, it would be India OR Australia OR Sri Lanka OR South Africa. But to find out the winner out of these is the real task. And in the case of Sensex or Nifty, everyone has the potential. So for that you have to study and do your homework. Nothing substitutes your own homework. What if I don’t have the time to do my homework? For that question Click Here

Well You don’t. All you can exactly have is a clear perspective of the market in your early days. You should know how the markets are, how they are traded and what are the medium-term and long-term prospects for each individual company that amazes you.

You should never start searching for quick bucks or tips. Tips are good but be sure to do your own research, keep reading market news like the ones on this site that appears every day and then put in money in the “tip” that you got. That will get you profits.  You will definitely have that feeling of “Only if i could do…”, but don’t let that get you down. Be focussed and be confident. Eventually, you’ll get used to the profits and losses that are made while you trade and you’ll learn how to maximize profits and minimize your losses. Then after you get some experience, you can trading on an intra-day basis.

-Imperial Energy, the Russia-focused oil firm that India’s Oil and Natural Gas Corporation (ONGC) acquired recently, is likely to post its maiden cash profits next financial year as it ramps up output

–UPDATE: Jet pilots’ stir continues, 230 flights cancelled. Pilots have indicated that they would continue their agitation against sacking of two of their colleagues after no headway was made in the discussions between the two sides till late last night with the protestors also insisting that their trade union rights cannot be curtailed. Businessworld

-India’s exports slid for the 11th straight month in August by 19.7 per cent to $14.3 billion owing to the continuing slump in global demand.In August 2008, the exports were $17.8 billion. “Sectors which continue to be in deep trouble are leather, gems and jewellery, drugs and pharmaceuticals both in monthly and cumulatively for the last five months,” says Commerce Secretary Rahul Khullar .- Businessworld

-BHEL wins order worth Rs990cr

- India Inflation for the week ended August 29 was at -0.12%

-L&T wins four orders for steam generators for Nuclear Power Corp

-IVRCL Infra wins order worth Rs557cr from the Government of Maharashtra.

-Bajaj may not be happy with the JV with Allianz but Allianz continues that it has been just and fair towards the company. Allianz’s Kamesh Goyal says that parent Allianz was very “keen” and would definitely like to increase its stake in the venture given the countries laws permit it. He states that when the venture was launches, Allianz was the one who brought in the capital.

-IRDA is set to oppose the industries demand to lower the insurance commissions to the agents. It plans to take up the matter with Finmin. Insurance is a long term product, critical to the country and the impact that these cuts would bring on the industry would be long term and shall damage the industry.

-BHEL gets Rs.1000 crores worth of orders from the Indian Railways.

-FINMIN: Govt to complete awarding Nelp 8 oil fields production sharing contracts in two months.i.e.by mid-Dec.

-Marico, the Indian company shall soon list its stocks on the Dhaka stock exchange. The listing should be in the next 7-10days.

-Jet Airways pilots protest. Over a 100 flights delayed.700o passengers affected. Saroj datta ED Jet: All the bookings are being transferred to other airlines . Passengers have choice to travel or change their plans.And regarding the protests he says  ”Chairman an managements doors are open for all employees top talk. Matter will be resolved and chairman is ready to talk. “

-FinMin is confident that the tax targets set shall be met even after the slow pickup. No more tax sops for the industry.

-DLF may face tough times. The companies says that acquiring land continues to be a big challenge. The company plans to clear out the short term debt without restructuring or rescheduling the debts. The companies current net worth is around Rs.21,054 crores.

-GMR to list holding company and raise Rs.7500crores. The airport business too might be listed in the future.

-August passenger car sales up by 25,59% and there has been similar growth numbers in the two wheeler industry.

-Hiring to rise in India. Sectors to see growth include finance, retail, construction, manufacturing,  wholesale, retail, and the IT-ITes.