.
From
.
Emerging India.
..................................................................
Financial News For Busy NRIs & PIOs
Issue No. 08 Evening Edition IST
Corporate News . Investment Opportunities in India
..................................................................
How to pay for this issue?
IF you Click & View Google Ads / Videos of your interest on this page, Google will pay for you.
..................................................................
Headline News in this issue:
- Kingfisher, Jet may lower fares soon
- This is a great time for investing in India
- Slowdown forces auto MNCs to review investments here
- Premji eyes Deccan Cargo stake
- Indonesia puts Indian cos in a spot
..................................................................
Quotable Quotes
Avoid investing when stock or realty market appears to be at a high. Make Systematic Investments with a long-term view when it is at a LOW. Keep the stocks for a long term or make Systematic Divestments when the market appears to be at a high.
- Sagar Kapoor
..................................................................
SENSEX: 9,964.3 DOWN 53.0 % from 52-wk high
FOREX-Rs: USD 47.75 / EUR 60.79 / GBP 74.69
..................................................................
Kingfisher, Jet may lower fares soon (ET,Mum,07Nov08,P1)
INDIA’S two largest private airlines — Kingfisher Airlines and Jet Airways — are likely to cut ticket prices by up to Rs 1,000 on domestic routes by December. The two carriers are under pressure to act, as the aviation ministry wants them to pass on the benefits of a series of measures announced by the government to bail out the beleaguered industry.
Slowdown forces auto MNCs to review investments here (ET,Mum,07Nov08,P1)
Some big-ticket investments in the automobile sector are currently in a ‘review’ mode. MNCs like Honda and Volkswagen are doing a rethink on their earlier stated investment plans because of the financial crisis.
IT spend of US cos may dip (ET,Mum,07Nov08,P1)
IT budgets of US companies could shrink by 5% in 2009 compared to 2008, finds a global survey by investment bank Goldman Sachs. The survey highlights the decreasing appetite for offshoring among US companies and a decline across sectors. The drop is the largest decline since the collapse of the dotcom bubble.
Premji eyes Deccan Cargo stake (ET,Mum,07Nov08,P1)
IT czar Azim Premji has joined the fray for a potential investment in Captain GR Gopinath’s new start-up Deccan Cargo. The private equity arm, PremjiInvest, is exploring a stake buy in the new venture, an integrated logistics entity seeking $50-60 million funding, sources said.
Indonesia puts Indian cos in a spot (ET,Mum,07Nov08,P1)
Accuses Oil Importers Of Not Honouring Commitments
IN A move that could sully India’s image in the international market, top vegetable oil supplier, Indonesia, has accused 30 Indian companies, including Nafed, of taking it for a ride. What’s worse, some of these defaulters are allegedly using public sector companies MMTC, PEC and STC to import oil on their behalf.
For news in detail, visit The Economic Times ePaper
..................................................................
SENSEX: 9,964.3 (+2.4%) NIFTY: 2,973.0 (+2.8%)
..................................................................
Investment & Wealth Creation Advice:
Sensex went up by 2.4% today.
We expect the stock market to be range bound and will go below 9000 level a few times in the next few weeks.
We believe that making stepwise SYSTEMATIC investments in good Mutual Funds at Sensex levels of 9000 & below would give you excellent returns if you are ready to keep your funds invested for 3-4 years.
As indicated earlier, you should now consider making systematic investments over the next few weeks after taking advice of investment experts. If you are planning to invest amount X in the next couple of months in equity shares / mutual funds, then invest 10% of the amount now, as the market may go down further. After a week or so, you could invest another 10% and so on.
As you, as an NRI, may not find it easy to remain in close touch with the Indian market, we recommend that you invest in diversified mutual funds with a 36-48 month investment period.
If you make investments in the right shares and mutual funds when the market is at about 9000 level, you can expect minimum 25% (post-tax) compounded annual returns in the next 3-4 years.
We recommend that you read the Golden Rules of Investing given below at least once every month to ensure that you do not forget these golden rules and do not make investments in wrong assets.
Click here to display NSE CNX NIFTY Chart
..................................................................
Watch very interesting videos on YouTube !!
Watch the latest videos on YouTube.com
..................................................................
Golden Rules of Investing
- Never put all your eggs in one basket. De-risk by making equal investments in realty, fixed-interest instruments, equity / mutual funds and gold when the time is right for making these specific investments.
- Out of the investments planned to be made in equity & mutual funds, make equal investments in 10-15 stocks with strong fundamentals, belonging to 4-6 sectors OR equal investments in 3-5 diversified mutual funds OR a mix of these two asset classes.
- Never invest based on your gut feel or a friend's advice.
- Never make speculative investments. Listen to two or three time-tested investment advisors.
- Never make these 3 common mistakes: 1. Buying shares of a reputed company at a wrong price, 2. Buying shares of a bad company at any price, 3. Buying & Selling shares without consulting time-tested investment advisors.
- Never depend entirely on your broker for making all your buying & selling decisions. Do consult at least two time-tested investment advisors.
- Never lose money. Define your stop-loss rules in consultation with time-tested investment advisors to protect your capital.
- Never borrow to invest in stocks.
- Never believe that you are destined to make it big. Such beliefs often lead to wrong decisions and major losses. Be rational. De-risk. Listen to time-tested investment advisors.
- Avoid investing in stocks / mutual funds or realty or gold when their prices appear to be at a high. Make Systematic Investments with a long-term view when they are at a low.
- Keep the stocks for a long-term or make Systematic Divestments when the markets appear to be at a high.
- Avoid investing in depreciating assets like expensive cars, mobile phones, electronics etc. You should rather put your extra money in appreciating assets like real-estate, equity, mutual funds, gold etc. when these assets are available at bargain prices.
- Never forget the Power Of Compounding. (100,000, if invested in a good diversified mutual fund when stock prices are low, would typically appreciate to 1500000 in 15 years, and to 23 Million in 30 years.)
- Caution: Speculative & Short-term investments and investments made without consulting time-tested investment advisors could be detrimental to your financial health.
..................................................................
Newsletters for you, your spouse and kids:
To open NRI.NewsIndia, click on:
http://nri-newsindia.blogspot.com/
To open NRI.CelebrityIndia, click on:
http://NRI-CelebrityIndia.blogspot.com/
To open NRI.SearchIndia, click on:
http://nri-searchindia.blogspot.com/
..................................................................
NRI.SearchIndia
NOBODY can Search India better for NRIs than this search engine
Disclaimer: Please make all your investments after taking expert advice. NRI.NewsIndia will not be responsible for losses, if any, incurred by you. Through NRI.NewsIndia, we shall be only making you aware of the investment opportunities in India at a broad level.
..................................................................
Your feedback is important to us for continuous improvement.
Do send your feedback / suggestions to NewsIndia.NRI@gmail.com.
Also, forward NRI.NewsIndia to your NRI friends. They may like to subscribe.
..................................................................
SUBSCRIBE: If you would like email-ids of your friends to be added to our mailing list, then do send their email-ids to us or ask them to send their email-ids to us for inclusion in our mailing list. To subscribe, write to nri.newsindia@gmail.com.
UNSUBSCRIBE: If you would not like to receive this newsletter, then do let us know. We shall remove your email-id from our mailing list. To unsubscribe, write to nri.newsindia@gmail.com.
..................................................................
Free Hit Counters
No comments:
Post a Comment