Recent content by eqderiv

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    iPad Stock/Portfolio monitoring software

    Check out SmartDerivs on the iOS AppStore. It is a free iPad application that will be useful for both traders and investors. Supports following functions: - Portfolio management mode, with real time PNL, including Today's PNL being shown. - Supports both Equities and Equity Derivatives. Full...
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    Stocks and F&O Data on Excel?

    I have seen some tools that feed data from Yahoo and Google to Excel. Or tools that have scraped data from NSE/BSE website or other sites. But pretty much all these tools give data for Equities only. None have Futures and Options data. For F&O, pretty much the only options are expensive...
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    Banks knee jerk reaction to SB rate deregulation

    In a couple of days, analysts will come out with their detailed analysis of today's RBI announcement, and then, the reaction will be that SB rate deregulation is not as bad a factor as it is made out to be. - Firstly, out of the CASA ratio, on average, Current Accounts account for over 40% of...
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    Cable TV Ordinance

    CNBC is just reporting the new ordinance passed by CCEA mandating Digitization across India. However, they are positioning Hathway and WWIL as key beneficiaries of this.... My point is, the Cable Operators will be losers - because they will now have to stop under-reporting - and will have...
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    Watch out for BHEL

    As govt signals pause on all divestment, BHEL is going to zoom to 1700 by today's close.... lots of shorts built up in BHEL on the back of expected FPO. This is similar to the rally ONGC had 2-3 weeks back when the FPO was put off. Hop on!
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    Cairn should not agree to Govt conditions

    It is sad that the interests of the minority shareholders are being screwed so badly in India. This first happened in the Hero Honda deal - where the Munjals got a massive discount on the shares from Honda, in lieu of a hike in royalty payments. So the minority shareholders bore the burden...
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    India Cements - why is it so low!!!?

    Last year, Pune and Kochi IPL teams were auctioned - and they were sold for about $370M. These are new teams, not based in Metro cities, not having large home stadiums, no track record of performance, etc. If these two teams are worth $370M, how much would a team like CSK be worth? It is...
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    Financial Technologies vs NSE

    FT had approached the Competition Commission of India against the NSE - with respect to NSEs treatment of ODIN software, its handling of currency derivatives segment, and also with regards to its position on MCX-SX. On 2 of these 3 issues, CCI has come out very strongly against the NSE. All...
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    Tata Motors results

    A few years ago, Indians were surprised and proud to learn that over 95% of Suzuki's global profits were coming from Maruti Suzuki. Maruti Suzuki was the crown jewel of Suzuki. Tomorrow, we might see a similar situation, but from opposite perspective. Tata Motors bought Jaguar Land Rover...
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    Poetic Justice - Catamaran loses money on SKS Microfinance!

    It is public knowledge that Catamaran Investments, the Venture Capital arm of N R Narayanamurthy invested Rs 28 crores in SKS Microfinance, just a couple of months before its IPO. What many people dont realize is that Catamaran invested in the IPO at just Rs 300/share - while the IPO price...
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    Fiscal Deficit

    FM made a statement on Oil Bonds now being part of the Fiscal Deficit, whereas last year they were not part of the Fiscal Deficit (this was part of the 2 paragraphs that he "missed" in a hurry to complete soon, and added later). If Market is happy with 5.1% deficit, it will be extremely...
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    Why this bounce is for real?

    The big question in everyone's minds is whether the correction has ended, and are we seeing a new leg up in the markets, or whether this is just a dead cat bounce. My feeling is that this is a real rally, for the following reasons: - The global situation looks a lot better now after Hosni...
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    As ADAG group unravels, what next....

    The intense scrutiny around the 2G scam has hurt Anil Ambani the most. As soon as the CEO of Swan Telecom was arrested, it was obvious that Anil Ambani could be in trouble soon after, especially because everyone knows Swan Telecom is just a proxy for Reliance Communications. This has played...
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    TRAI/DoT could be hoodwinked again

    Over last week or so, there has been some noise about allowing consolidation in Mobile space. Lot of the new entrants that won nationwide 2G spectrum have not deployed nationwide. Most of them have deployed in just 5-6 circles. The massive price war after the 2G spectrum allocation has made it...
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    STT on Option Exercise?

    May Nifty options settled at 5003.10 last Thursday - I had 1 long 5000 Call, and expected to get paid Rs 155. After Commissions, service taxes, etc, I expected to get paid about Rs 55. However, ICICI charged STT of Rs 312, and because of this, I ended up LOSING money on the option! This makes...