13 December 2009

Sensex reveals 10-year trend and Stock Reports

Sensex reveals 10-year trend

NEW DELHI: For the last 10 years, the Sensex declined in the second half of the calendar year only when it fell in the first half of the year, an
analysis by SundayET reveals. And if that 10- year trend holds out, investors who took positions on the BSE Sensex during the early days of the second half of the current calendar year need not worry about losing money as the market appreciated by over 46% during the first half of CY09.

The analysis reveals that on average the performance of the Sensex has been better in the second half of the year. The average returns of the Sensex since 1999 (excluding 2009) for the second half of the year was 17% whereas it was -2% for the first half of the year.

Also, between 1999 and 2008, the Sensex fell five times — 2000, 2001, 2002, 2004 and 2008 — in the first half of the year, while it declined only thrice — 2000, 2001 and 2008 — in the second half of the year. During the first half of CY2000, CY2001 and CY2008, the Sensex posted a negative return of around 12%, 13% and 34%. Consequently, in the second half it declined by 18%, 5% and 26% in the second half during these years.


Also Read
Cheaper US funds keep the D-St show going, for now
FIIs prefer Indian stocks over depository receipts
Common mistakes that careless investors make
Rich turn risk-averse, eye debt for big returns


Also, between CY1999 and CY2008, there were only two instances, CY1999 and CY2000, when the return in the first half was better in than the second half of the year. In CY1999, during the first half the Sensex posted a return of 35% as against just 19% in the second half.

Similarly, in CY2000, the Sensex declined by only 12% during the first half whereas in the second half it lost as much as 18%.

Explaining the reasons for the markets doing better during the second half of the year, Deena Mehta, MD, Asit C Mehta Investment said that usually foreign institutional investors start buying during January, and hence local investors and punters start building up their positions from November and December.

According to Aseem Dhru, MD & CEO of HDFC Securities, during the second half of the year, demand in sectors such as auto, textile, hotels, FMCG and consumer durables is usually high. “Even today large parts of the population buy clothes only once a year and that is during Diwali. Even foreign tourists start visiting the country during the second half of the year as the climate is good. Given the composition of economy, this pattern is likely to continue,” he said.

The Sensex posted better returns in the second half 80% of the time. During the current calendar year, it posted around 46% return in the first half. However, it is to be seen whether in the second half the Sensex outperforms the return of first half. Till now during the second half of the current calendar year, the Sensex has posted a return of 17%, but there is just over a fortnight left for this year to end.

****************************************

Other Stories:

IPO - It's probably overpriced in 2009
Check out the Top 10 Banking Stocks


Stock Reports:

Prakash Industries: Buy on dips Hedge Equities
Two attractive mid cap picks Sanjay Chhabria
C&C Constructions: Market performer KRChoksey
GIPCL: Buy at CMP Rs122 RR Financial Consultants
ABB: Buy at CMP Rs735 Abhishek Jain
Punj Lloyd: Negative news overdone, gearing up for growth Indiabulls

******************************************

D B Corp Ltd IPO Information & IPO Evaluation

Incorporated in 1995, D B Corp Ltd is one of the leading print media companies in India, publishing 7 newspapers, 48 newspaper editions and 128 sub-editions in three languages (Hindi, Gujarati and English) in 11 statesin India.

--------------------------------------------------------------------------------------------------------------------------------------

Friday, December 11, 2009

Stock Tips - Buy Visa Steel For Short Term

NSEMumbaibull, independent equity research group has recommended to buy stocks of Visa steel limited (BSE Stock code: 532721) for short term investment for good returns.

--------------------------------------------------------------------------------------------------------------------------------------

Thursday, December 10, 2009

Godrej Properties IPO Valuation

Incorporated in 1990, Godrej Properties Limited (GPL) is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

--------------------------------------------------------------------------------------------------------------------------------------

Tuesday, December 8, 2009

Bhushan Steel - Stock Analysis - Buy Stocks For Long Term

The recent recovery in Indian economy has once again increased the demand for steel products. There has been significant rise in auto sales and other consumer goods in last few months. All these factors have led to a rise in sales of flat steel products. Bhushan Steel, a leading producer of flat products, is set to benefit from all these.

--------------------------------------------------------------------------------------------------------------------------------------

Saturday, December 5, 2009

Alphageo India - Stock Analysis With Stock Rating

After dismal performance in the last fiscal, Alphageo India’s business improved in FY2010 (the current fiscal) and the growth momentum continued in Q2FY2010 despite it being a seasonally weak quarter.

--------------------------------------------------------------------------------------------------------------------------------------

IPO Information - JSW Energy Ltd.

Incorporated in 1994, JSW Energy Limited (JSWEL) is a group company of Jindal South West (JSW) group headed by Mr.Sajjan Jindal. The JSW Group has a presence in the steel, power, cement, software, and infrastructure sectors.

******************************************

Experts see cheerful end to 2009, choppy mkts in 2010


Check out: Must-have stocks and sectors in this season


Wkly Tech Analysis: 17,370 critical for upside


TECHNICAL ANALYSIS: Index Outlook — Awaiting the Santa Claus rally
The pause at the threshold is so long-drawn that the Sensex appears frozen around 17,000. With even a stunner such as the Dubai debt fiasco scarcely causing a ripple in the market's serene mood, the index appears set to finish this year ...

RECOMMENDATION: Consider bull call spread on Nifty
INDEX STRATEGY. Traders can consider a bull call spread on Nifty by buying Nifty Dec 5,100 call, which closed the week at Rs 117 and selling Nifty Dec 5,300 call which closed at Rs 35. This bull spread will cost you Rs 83. The cost of setting ...

INSIGHT: Choosing between options and futures
Trading interest in options has gradually increased over time. Today, individual traders employ strategies ranging from buying plain-vanilla index calls to sophisticated strategies involving relative-value trades on equity options. Yet, it ...

RECOMMENDATION: Bank Nifty appears weak
STOCK STRATEGY. Bank Nifty (9,097.2): After touching its 52-week high recently, the index has been on a downtrend. The outlook appears negative as long as Bank Nifty stays ...

STOCKS: Tata Steel: Hold
Investors may consider holding on to their Tata Steel shares. Uncertainties at its acquired European operations have been the key challenge for this profitable integrated low-cost steel producer, whose Indian and South East operations continue ...

IPOS: DB Corp – IPO: Invest
Investors can consider subscribing to the initial public offer of DB Corp, a print media company that publishes the widely read Hindi daily, Dainik Bhaskar. Its strong regional footprint in the Hindi speaking states has enabled it to ...

STOCKS: Federal Bank: Buy
Investors with a penchant for risk can consider buying the Federal Bank stock at the current levels. The stock seems to be undervalued despite the bank displaying strong growth in earnings in the last ...

RIGHTS ISSUE: City Union Bank — Rights Offer: Subscribe
A very low offer price makes the 1:4 rights offering from City Union Bank a good investment proposition. The company expects to raise Rs 48 crore from the issue. At the rights offer at Rs 6 per share, which is at a 76 per cent discount to ...

STOCKS: Techno Electric & Engineering: Buy





Src: Economictimes, Valuenotes, Indianstocksnews.com, Moneycontrol.com, Businessline.in

No comments: