Showing posts with label corporate news. Show all posts
Showing posts with label corporate news. Show all posts

Friday, 26 December 2014

Common Man is Too far From Investment in Equity

We often hear the buzz that the number of the retail investors in the share market is constantly decreasing and the same trend has been emerged in the survey done by the government agency called National Sample Survey Organization (NSO). According to the survey, the common man of India does not believe the share market of the country at all and this is the reason why there is only 0.07 per cent partnership of the equity-based assets in the total assets of rural households, corporate news reported.

In context of the urban households, this level is about 0.17 per cent. Finance Minister Arun Jaitley, on the stock market regulator Sebi, has asked the agency to focus on the retail investors. However, analysts believe that the equity markets to draw people to the government will have to make changes in the policies. The survey by NSSO was done during January to December last year, in which was 14-14 families including 4500 village families and 3500 urban families were involved, as per corporate news.

According to the survey, not only equity but also the involvement of the financial assets to the total assets is abysmal. In relation to the participation of rural household financial assets is only 2 per cent, on the other hand, the level of urban households is approx 5 percent. Financial assets other than equity, deposits in government bonds, National Savings Certificates, Kisan Vikas Patra, post office deposits, deposits in other small savings schemes and banks to NBFCs are included, corporate news reported.

Demat related data in India also supports the survey done by NSHO. The total count of the opened accounts at NSDL were 1.35 crore and CDSL registered 82.61 Lakh till November 30, 2014.  According to the survey, the total assets participation of land of the rural households is 72, 21 percent of buildings, 2 per cent of animals and other devices sharing 2 percent. While, the participation of land in the urban household properties is 47, buildings have 45 percent and the participation of other equipment including transport is at the level of 3 per cent of the share, as per corporate news.

Monday, 1 December 2014

Sensex Touches 28822 Mark

Mumbai Sensex touched the record mark of 28822 on Friday and the all-round buying became the reason of the record breaking rise in the market. Although, the 30-shares BSE Index closed at 28694 on Friday jumped 255 points and the 50-share NSE Index closed at 8588 which got a jump of 94 points but before that it reached 8617 points.

The market got the benefit of fall in the prices of crude oil. When the market reached at the record level, then profit selling was also observed in the market. The mid cap shares too got a rise on Friday but the small cap shares were observed under pressure due to the profit selling. BSE mid-cap index ended with a gain of 1 percent and the sectors like Banking, Auto, Reality, Consumer Product and the capitalized companies got good ameliorations.  However, there was as partial tenderness in the IT and technology stocks, corporate news reported.


http://www.nafanuksan.com/corporate-news-hindiThe shares of the major companies that got a hike include Punjab National Bank, Bank Of Baroda, Asian Paints, State Bank, IndusInd Bank, Axis Bank, Tata Motors, Tata Steel and Mahindra and Mahindra. The interesting thing was that, despite the period of rise, a lenicncy in the shares like Cairn India, Sesa Sterlite, JSPL, Bahrti Airtel, ONGC, Gail and Dr. Reddy’s was observed. In the mid cap shares like Jet Airways, Strides Arcola, Orient Bank, JK Bank and Syndicate Bank got the highest rise while Aban Offshore, Max India, Estageneca, AstraZeneca, Responsive Industries and Gateway Distriparks got the fall, as per corporate news.

On the whole, this is an indicative sign that the market might touch new heights and break its old records in the coming years. The rise in the value of the shares of various banks too is good news as they are going to play a vital role in the coming fiscal year. Undoubtedly, there are many reasons for the rise and the conflict going on in the Middle East countries is a big reason as the oil prices depend too much on these countries’ economy.