Comparing SENSEX Double Top of 2008-2010 With 1992-1994
January 15, 2012 Leave a comment
The BSE SENSEX In Leap Years
January 8, 2012 1 Comment
Here is an interesting anecdote I found today at http://hksecurities.blogspot.com/2012/01/2012-leap-year-and-history.html
In every leap year BSE Sensex’s ‘YEAR HIGH’ was above previous year’s high since its inception. Read more of this post
Rakesh Jhunjhunwala – A Wizard of Dalal Street
January 4, 2012 Leave a comment
Here is an excerpt from CNBCs the Wizards of Dalal Street:It’s pretty interesting hearing Rakesh narrate the story of his early years in the stock market and his progress since then.With the market in the doldrums maybe it’s now time for us too to seize the moment and do our personal versions of a Jhunjhunwala.So watch,learn and be encouraged:
Savings Bank Accounts With Benefits
January 2, 2012 Leave a comment
Since the RBI deregulated the interest rates on savings bank accounts last October,it’s possible to make a bit more on the liquid cash we must all keep for day to day use and emergencies.Here is a link to a web page that keeps track of which bank is offering what on its savings bank deposits:http://www.ratekhoj.com/savingsaccounts/results.php.Also,here is a little development the people at ratekhoj.com seem to have missed:http://www.thehindubusinessline.com/industry-and-economy/banking/article2737752.ece.And to save on banking fees consider opening a zero balance account with IDBI Bank etc, where the fees on various services like issuing of DDs have been waived.
PS Karnatka Bank now offers a 5% interest on its savings bank accounts.
Gold Prices on the Street
October 4, 2011 5 Comments
The recent fall in gold prices in the international markets made news headlines in India.The MCX mirrored the COMEX but things were a little different on the street.Here is a story from this week’s Wealth Times.Do read it for an idea of how ETFs react vis-a vis bullion and for how to try and get a discount out of your jeweller.
Is the fall in gold prices genuine
Khyati Dharamsi
When gold prices fell by more than 2,500 from 28,210 per 10 gm on 21 September to 25,685 on 29 September,people hailed the good news.But much to their disappointment,they found that it wasn’t as cheap as it was touted to be.While the yellow metal was trading at the 25,000 mark,most jewellers charged 27,500 per 10 gm,even 28,200 at some stores.When asked about the difference in the rates,jewellery store managers said that the rates quoted in the media were averaged out,so they were not applicable. Read more of this post
wealthymatters 