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.

The best way to research about the stocks is by looking around you. Look around yourself. Which company you think is doing great? Which companies you think can outperform its peers? In the end , investment is all about perception. One person sees opprtunity in something and the other person in something else. Both put money where they wish and the one person’s perception comes out to be true and the other guy dooms. The better you start understanding the environment and the happenings around you, the more you will know about the markets. Start thinking smartly.

It surely won’t be easy. Perceptions just don’t come with a flash. It will take time and even money. But be focussed. You will take wrong steps and commit mistakes. Sure you will but remember no pains without gains.

And stay infromed.Read ,watch the news often. The one thing that shapes your perceptions are your thoughts which in-turn come from what you hear see and listen. Click here

-The initial public offer(IPO) of private ship-builder Pipavav Shipyard got subscribed 6.64 times till the final day today, getting a strong response from investors.BusinessStandard

-Bharat Sanchar Nigam (BSNL) would provide 1.5 lakh mobile connections during this fiscal, even as the much awaited 3G Mobile would be introduced very shortly in Coimbatore and Tiruppur, a top BSNL official said today.BusinessStandard

-Google Inc. said Apple Inc.’s top marketing executive personally told the company that its Google Voice application had been rejected because it duplicates the telephone dialer on the iPhone and could be used as a replacement.YahooFinance

-India’s foreign exchange reserves grew $3.32 billion in the week up to September 11, 2009, to $280.98 billion on the back of portfolio investments and revaluation of currencies.BusinessStandard

-World’s largest steelmaker ArcelorMittal has asked the Orissa government to treat its proposed Rs 50,000-crore project on the issue of mining lease at par with other big ticket investments.BusinessStandard

-Valuation norms for insurance cos soon: IRDA.IndiaInfoline

-Cinemax , the largest multiplex chain in Mumbai with 36 existing screens, is getting bigger by adding four more with the launch of its new property at Ghatkopar on September 19.BusinessStandard

-UBS in talks with Cognizant, Genpact to sell its BPO units-EconomicTimes

-Kolkota headquartered RPG Enterprises said it would enter the coffee chain  business by setting up a Joint Venture with an US Company.   BusinessStandard

-Gujarat to award contracts for US$10bn Solar Power Project.IndiaInfoline

-The Sensex ended flat after recovering from the lower levels to continue its winning streak for the fourth day.  BusinessStandard

-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.

-Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam are undertaking due diligence to buy a stake in Zain, the Indian ambassador to Kuwait said in remarks published on Saturday. Last week, the two state-run firms said they had not decided on whether to join a consortium that is buying a 46 percent stake in Kuwaiti telecom Zain.-YahooFinance

-The Income Tax Department continued its raids for the second day in a row on the offices of Mumbai-based property developer HDIL and residences of some of its directors, according to sources in the I-T Department.HDIL has now been asked to pay tax of Rs 100 crore.BusinessStandard

-Indian drinks and aviation tycoon Vijay Mallya plans to gather his Formula One, cricket and soccer interests into one company and float it on the Mumbai stock exchange early next year.YahooFinance

-While appreciating the role of public sector banks (PSBs) in protecting the economy against the global economic turmoil, Finance Minister Pranab Mukherjee today assured them that the government would continue to support them.BusinessStandard

-Retail group Shopper’s Stop Ltd will add 500,000 square feet space by March, across four Shopper’s Stop stores and three Hypercity stores, a top official said on Friday-YahooFinance

-Day Five: Jet Airways today cancelled 281 flights, 21 of them international, as the strike by the pilots entered the fifth day after marathon talks between them and the management ended in a deadlock.¬BusinessStandard

-Sterlite Industries, the Vedanta group’s flagship, has raised its offer price by a fifth to $2.56 billion to acquire the US copper miner in an all-cash deal — its third bid in two years-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.

-Domestic drug major Cipla Ltd has signed a long-term collaboration agreement with Swiss specialty pharmaceutical major Meda, to develop and market an anti-allergic rhinitis drug for various global markets.BusinessStandard

-The Petroleum Ministry has asked Cairn India to pay a production tax on the oil it has started to produce from its prolific Rajasthan fields even though the contract does not clearly lay the onus of the levy on it.BusinessStandard

-Betting big on the Indian growth story, South Korean consumer durables major LG today said it will invest about $1 billion here for marketing and research over the next five years.BusinessStandard

-Godrej Properties will hit the capital market with an initial public offer (IPO) in the next three months, its Chairman Adi Godrej said today.BusinessStandard

-Indian metal giant Sterlite Industries today stated that it has raised its offer price for purchase for bankrupt US copper miner Asarco to $2.56 billion from its earlier bid of $2.13 billion.BusinessStandard

-Factory productions expanded at a greater pace for the second month in a row growing by 6.8 per cent in July against 6.4 per cent a year ago, signalling an industrial recovery.BusinessStandard

-After the Income Tax Department raided various premises of real estate developer HDIL, directors of the company have admitted to concealing its income by Rs 350 crore, allege sources in the department. CNBC-TV18’s Ashwin Mohan reports.-Moneycontrol

-BHEL wins order worth Rs1300cr from NTPC

-Nifty may scale 5K in one month: Emkay Global.Moneycontrol

-India’s July Industrial Production Rises 6.8% From Year Ago.

-Indias Electricity Production Rises 4.2% In July

-India July Consumer Goods Production Rises 8.8%

-There is still no clarity over the Jet Airways-pilots impasse. Day four into the strike, the Jet management and the pilots held an eight-hour-long meeting at the Labour Commission’s office but sources say no firm conclusion has been arrived at yet. 495 pilotshave not reported today, 208 flights have been cancelled & 35 international flights have been cancelled.Moneycontrol

-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.