RE:Damodaran is inviting his ouster.
by Uttamkumar Samanta on Oct 20, 2007 10:52 AM Permalink
"comman man", you are as idiot as MMSingh, PM (not Prime Minister but Personal Manager of Sonia Maino).
MMSing or P Chidam..... does not have basic idea of economics. They do exactly what other multinational companies telling them.
1. Stock Market highs are real? 2. Is our economy really booming with this pace? Are the companies benefitted doing real wonders..? 3. Why fortunes are not changing for 99% Indians? 4. Is it only confines to less than 1% people most of them being gamblers. 5. Who is beniffitted by this? Market Cap makes some people No. 1,2 3 in world. 6. Is there hidden hand probably terrorists to perish Indian Economy?
its was not advisable to ban the P-notes. Such experienced people were never expected to do so. Its a good sign to get foreign investment in the country. Small investors are ruinded from 2 days fall.
Looks like the Mr Bhalla lives in a fantasy world!!! I do not believe in controls as such but strongly believe SEBI has done the right thing. Imagine if there were no controls...billions owuld flow into the markets taking it to dizzing heights(nice to imagine) when it flows out without any controls!! the markets would touch the lower circuit everyday!! Anybody who believes in absolute free movement of capital does not relalise the damage that can be done by withdrawal of funds from markets. Lets face it Indian stock markets are not deep enough to withstand billions of dollars going out. it took Rs 18000 cr in october to take the market to 19000 but just a Rs 1775(10% of that) to make it drop a 1700 points. if the Rs 18000 goes out the market will be maybe at 10000.
SEBI has done right to stop PNs they have not said that these funds which invest in PNS cannot register with them and invest direct have they? now that would be unnecessary control. I think first ime in my 12 years of being part of the indian capital markets have I believed that SEBI is now being practove and not just a passiev bystander who comes in only after the problem surfaces aka the bombay police!!please Mr bhalla stop playing to the bullish sentiments of the lay man..
RE:ICICI direct
by Anoop R on Oct 19, 2007 02:13 PM Permalink
in IE, try opening as a new window. It still takes some time - and you need some luck. Firefox is much better. Buying and Selling stocks and MFs is ok. The only problem is that you cannot look at the trade book or order book, if you change the default dates.
RE:ICICI direct
by on Oct 19, 2007 02:36 PM Permalink
ICICI direct is really rubbish. No idea what Kamath and his team is doing. Its high time investors and traders close the account with icici and open with any of the other brokerages.It's for sure going to loose the market share.Infact icici should be sued by every trading account holder. India boasting as a IT super power and ICICI is a disgrace to the nation and the IT world. Kamath and his team knows what difficulties account holders are facing but they do nothing about it. Sincere advise all close the account with ICICI and open with any other brokerage. Its high time Anil Ambani does something to screw up these guys.
sebi and chidambaram had done a extemely wrong wrong thing,they should wait sensex to rose upto 25000 and then make these kind of decisions to moderate fiis inflows in the country.these powerfull people are entirely responsible for down fall in indian economy and growth.sebi must watch as we all know stock market is full of manipulations,some FIIS are not registered but we must let them to invest for our personal growth.when sensex reaches 25000 something then it is the right time to clampdown the p-notes regulations. chidambaram is so educated but he dont have the minimum business brain, hopeless to be a finance minister at that post.
RE:P--NOTES REGULATIONS
by Ritesh on Oct 19, 2007 02:12 PM Permalink
Trading in stocks is speculative. Just that market has tumbled down doesn't mean industries are not doing good or the downfall of indian economy. When sensex rises 3000 pts in just three weeks then in no way its linked to industry performance ... its pure speculation. Issue of P-note has been lying open since a long time. Meteoric rise of sensex just hasten the process of regularizing it.
1. Stock Market highs are real? 2. Is our economy really booming with this pace? Are the companies benefitted doing real wonders..? 3. Why fortunes are not changing for 99% Indians? 4. Is it only confines to less than 1% people most of them being gamblers. 5. Who is beniffitted by this? Market Cap makes some people No. 1,2 3 in world. 6. Is there hidden hand probably terrorists to perish Indian Economy?