Do you play the stock market

black12rr · 28th August 2013, 18:07

where did you get this formula (34815 *22/24 =~ 31913.) ?

mclarenracer · 28th August 2013, 21:00

I believe what he means is 22 karat gold is .9167% pure as compared to 24 karat at .9999% so 22/24 part of his equation is .9167.

S_U_N · 29th August 2013, 13:44

Quote:

Originally Posted by JMaruru

I vaguely remember providing one for ICICIDirect. It seems to be the norm.

Thanks. So, I take it as standard procedure. Power of Attorney is required.

carboy · 29th August 2013, 13:46

Quote:

Originally Posted by S_U_N

Thanks. So, I take it as standard procedure. Power of Attorney is required.

Yes, it is. However, I remember cases where it has been abused by some brokers - I think it was IndiaBulls, IIRC.

driverace · 4th October 2013, 10:09

Guys,

Good time to invest?
Have a couple of Ks to invest.
Would appreciate MFs/SIP suggestions too.

Should I take up some stocks or stick to FDs?

This is money I'm looking to save up with fair liquidity (expected).
Still, I would like to see returns anywhere from 6 months to 3-5 years.
Although - prefer short term (<1 year) investments.

P.S.already invested in Renuka Sugar, Financial Tech, Union / HDFC bank ( @ almost within 10-20% of 52 wk lows ).

Thanks,

Ace.

drsingh · 4th October 2013, 12:24

Are any of you watching the following stocks at current levels?

1.Balmer Lawrie
2.Mangalam cement
3.Dish TV
4.sintex industries
5.Dena Bank

avingodb · 4th October 2013, 12:45

Holding a few TVS Motors at 32.60 and now the stock is at 42.20 or so. What would be the recommendation a this level?

driverace · 4th October 2013, 12:52

Quote:

Originally Posted by drsingh

Are any of you watching the following stocks at current levels?

1.Balmer Lawrie
2.Mangalam cement
3.Dish TV
4.sintex industries
5.Dena Bank

Do you recommend any positions/targets in these?

Ace.

JMaruru · 4th October 2013, 21:59

Quote:

Originally Posted by drsingh

Are any of you watching the following stocks at current levels?
3.Dish TV

I am into Dish TV. I have been slowly adding more of it into my portfolio.

carboy · 4th October 2013, 22:27

Quote:

Originally Posted by drsingh

Are any of you watching the following stocks at current levels?
5.Dena Bank

I bought Dena Bank at 44 few weeks back. At the same time, I also bought IDFC @ 81 and Provogue @ 6.

S_U_N · 15th October 2013, 11:12

Does anyone here use TRUST?
Here is the link: https://www.ilfsdp.com/finalnew/CDSL/Annexure-2.6.pdf

IL&FS requires me to select either a Yes or a No to use this facility. I think I will select No for now.

S_U_N · 11th November 2013, 14:34

My demat account is finally going to be activated today (or latest by tomorrow.)
I have no experience with stock market but can risk losing Rs. 50000 (which by the way I intend to stay invested with, for a few years.)
Can someone recommend some stocks for me?

I assume when I make some money, there is no income tax I need to pay for the gains. Please correct me if I am wrong.

SmartCat · 11th November 2013, 14:45

Quote:

Originally Posted by S_U_N

My demat account is finally going to be activated today (or latest by tomorrow.)
I have no experience with stock market but can risk losing Rs. 50000 (which by the way I intend to stay invested with, for a few years.)
Can someone recommend some stocks for me?

TCS - 10K
M&M - 10K
ITC - 10K
LUPIN - 10K
HDFC Bank - 5K
HDFC - 5k

This diversified portfolio should do well over a period of time, with low volatility and decent returns.

Quote:

I assume when I make some money, there is no income tax I need to pay for the gains. Please correct me if I am wrong.

Hold for atleast one year, and your gains are tax free.

amit · 11th November 2013, 15:05

I bought Hercules Hoist at 105, now at 96, PC Jeweller at 105 now at 96.xx , Apollo Tyres at 74.40 now at 74.70 & HDIL at 47.63 now 43.45 purely as short term buy's. Also, bought Zee Media as a multi-bagger which means it can be held for at least 3 - 6 months. All bought a week or so before Diwali. Apart from Apollo Tyres & Zee Media I am not sure if I should hold onto the rest. What do the expert's here suggest? If I sell all my short term buys I make a loss of about 20K.

S_U_N · 11th November 2013, 17:27

Quote:

Originally Posted by smartcat

TCS - 10K
M&M - 10K
ITC - 10K
LUPIN - 10K
HDFC Bank - 5K
HDFC - 5k

Thank you, @smartcat

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	396	32.25%
26 - 50% -- I have a few stocks.	550	44.79%
51 - 75% -- I'm an active trader.	201	16.37%
76 - 100% -- Hey, I'm an i-banker!!!	81	6.60%
Voters: 1228. You may not vote on this poll

28th August 2013, 18:07	#2191
black12rr Senior - BHPian Join Date: Dec 2005 Location: Ridin earth now Posts: 1,278 Thanked: 339 Times	Re: Do you play the stock market where did you get this formula (34815 *22/24 =~ 31913.) ?
	() Thanks

28th August 2013, 21:00	#2192
mclarenracer BHPian Join Date: Oct 2006 Location: Seattle Posts: 115 Thanked: 11 Times	Re: Do you play the stock market I believe what he means is 22 karat gold is .9167% pure as compared to 24 karat at .9999% so 22/24 part of his equation is .9167.
	() Thanks

4th October 2013, 10:09	#2195
driverace BHPian Join Date: Jan 2010 Location: Pune Posts: 413 Thanked: 173 Times	Re: Do you play the stock market Guys, Good time to invest? Have a couple of Ks to invest. Would appreciate MFs/SIP suggestions too. Should I take up some stocks or stick to FDs? This is money I'm looking to save up with fair liquidity (expected). Still, I would like to see returns anywhere from 6 months to 3-5 years. Although - prefer short term (<1 year) investments. P.S.already invested in Renuka Sugar, Financial Tech, Union / HDFC bank ( @ almost within 10-20% of 52 wk lows ). Thanks, Ace. Last edited by driverace : 4th October 2013 at 10:12.
	() Thanks

4th October 2013, 12:24	#2196
drsingh BHPian Join Date: Mar 2011 Location: Ludhiana Posts: 776 Thanked: 707 Times	Are any of you watching the following stocks at current levels? 1.Balmer Lawrie 2.Mangalam cement 3.Dish TV 4.sintex industries 5.Dena Bank
	() Thanks

4th October 2013, 12:45	#2197
avingodb BHPian Join Date: Sep 2011 Location: Delhi/Mumbai Posts: 683 Thanked: 696 Times	Re: Do you play the stock market Holding a few TVS Motors at 32.60 and now the stock is at 42.20 or so. What would be the recommendation a this level?
	() Thanks

15th October 2013, 11:12	#2201
S_U_N Senior - BHPian Join Date: Mar 2010 Location: Oslo Posts: 1,809 Thanked: 417 Times	Re: Do you play the stock market Does anyone here use TRUST? Here is the link: https://www.ilfsdp.com/finalnew/CDSL/Annexure-2.6.pdf IL&FS requires me to select either a Yes or a No to use this facility. I think I will select No for now.
	() Thanks

11th November 2013, 14:34	#2202
S_U_N Senior - BHPian Join Date: Mar 2010 Location: Oslo Posts: 1,809 Thanked: 417 Times	Re: Do you play the stock market My demat account is finally going to be activated today (or latest by tomorrow.) I have no experience with stock market but can risk losing Rs. 50000 (which by the way I intend to stay invested with, for a few years.) Can someone recommend some stocks for me? I assume when I make some money, there is no income tax I need to pay for the gains. Please correct me if I am wrong. Last edited by S_U_N : 11th November 2013 at 14:36.
	() Thanks

11th November 2013, 15:05	#2204
amit Senior - BHPian Join Date: Feb 2004 Location: Mumbai Posts: 3,717 Thanked: 449 Times	Re: Do you play the stock market I bought Hercules Hoist at 105, now at 96, PC Jeweller at 105 now at 96.xx , Apollo Tyres at 74.40 now at 74.70 & HDIL at 47.63 now 43.45 purely as short term buy's. Also, bought Zee Media as a multi-bagger which means it can be held for at least 3 - 6 months. All bought a week or so before Diwali. Apart from Apollo Tyres & Zee Media I am not sure if I should hold onto the rest. What do the expert's here suggest? If I sell all my short term buys I make a loss of about 20K.
	() Thanks