Wednesday, March 26, 2008

inspiring words though few r going 2 follow

When you walk through a storm
Hold your head up high
And don't be afraid of the dark
At the end of a storm
Is a golden sky
And the sweet silver song of a lark
Walk on through the wind
Walk on through the rain
Though your dreams be tossed and blown
Walk on, walk on
With hope in your heart
And you'll never walk alone
You'll never walk alone...

yet not trying to give their opinion

Visit to Itafort as a difference creating adventurous event, had we succeeded in coming close to the motive:Coming to those LOCians, who have something inside them that need to be shaken for committing towards the cause and say something in favor or against the two bolders.Talking about myself, it lies far somewhere in me that helps me to at least try and get into it.Trying to do innovative in the sense of filling up the gap between the parties, we have move ahead and can show the couchy potatoes that there are some guys living here only who were not born yesterday and can move the world in the right direction.

Tuesday, March 25, 2008

something important.....

Sensex gains 294 points, bank shares surge

MUMBAI: The stock markets remained buoyant after a really long week-end, with the benchmark Sensex posting a gain of nearly 294 points on Monday to settle the day at above 15000 level, riding on a surge in banking stocks.
The 30-share Sensex on the Bombay Stock Exchange regained the 15000 level to end at 15289.40, up by 294.57 points from its last Wednesday’s closing level. The index is crossing this crucial level for the first time since March 17 when it fell below this level on heavy selling triggered by global cues.
In volatile trade, the key index moved in a range of 15351.31 and 15056.09 points.
The 50-issue Nifty of the National Stock Exchange also firmed up by 35.90 points to end at 4609.85 from its previous close.
Meanwhile, Asian markets gave mixed bag of signs. While the key indices in Taiwan, Singapore and South Korea were up by 0.50 per cent to 3.99 per cent, China’s Shanghai Composite index was down by 4.49 per cent and Japan’s Nikkei was lower by 0.02 per cent.
On BSE, despite a rise in its barometer, the market breadth turned negative as 2149 counters ended with losses against only 535 losses.
Brokers said volatility increased on the bourses ahead of the expiry of March 2008 derivative contracts on March 27.
The surge in Sensex was aided mainly by the bankex which shot up by 3.32 per cent. HDFC soared by 7.73 per cent, the highest among the index-related stocks.
ICICI Bank firmed up by 4.98 per cent. The other prominent gainers were Hind Unilever, HDFC Bank and Wipro. Among the losers, Tata Steel, which was down by over 7 per cent, led the pack. Maruti, JP Associates, DLF and REL lost in the range of 1-6 per cent.
The trading volume dropped sharply to Rs. 4,682.75 crore from the last weekend’s level of Rs. 5,796.91 crore. RIL was the most active share with the highest turnover of Rs. 201.99 crore. — PTI


The last meeting ended with a great hue and cry which was not expected from me? Everybody was trying to clear his doubts relating sensex and its queries. Rohit started the discussion as expected but owing to large scale interrupts (in the form of questions) arising in the middle from both boys and gals, he was upset. What I do believe is that sensex being a separate course of economics can not be studied up to its penultimate limit. Better we should learn about the basic things we encounter in our daily life. Shares, vvi in this field were cleared to a large extent in this meeting. How is sensex calculated? being very important was also covered. Now the most important is what are the factors which affect sensex which I suppose is far needed rather than going into depth of whole topic. Last time I heard serial attacks on various trains in Mumbai created a huge setback in the value of sensex.these concepts are far important.
lets see what we are going to learn in future.

Afterall, All the Business of Business is Business

" .... October is one of the particularly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June December, August and February .... " Mark Twain

10th meeting of LOC
, and wheels have started rolling... I can say this, when I saw bunch of 15 really keen on understanding what SENSEX was, how does rising and falling of index on BSE or NASDAQ affects a common man, and about Stock Exchanges, Shares, Liquidity...

God save us, we are becoming professionals. YES, WE ARE MOVING AHEAD

Impeccable Rohit Rai, started off in the style he is well known for, talking about SENSEX, trying to layout the whole picture of what actually FINANCE is? He was encountered by questions, all sorts of, very basic ones, and he handled them with ease and grace। Then suddenly we realized that Business is not things of the other world. We got the concept of SHARES, how Stock Exchanges works, about the vision of Late. Dhirubhai Ambani, percentages, ownerships, Bill Gates, Ambani Duos॥

Time to come up for more questions, friends !!

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