In your interest.
Online Personal Finance Magazine
No beating about the bush.
There is precious little you can do when stock exchanges go mum about serious investor issues
English India Clays’ post-demerger listing is possibly the most outrageous case of callous disregard for investors that one has seen in a long time. Consider this. Until 12 February 2008, the stock of this Thapar group company was trading at over Rs1,690. The next day, the demerger of its...
UTI Mutual Fund terminates Senior Citizens’ Unit Plan
For 25 years, the erstwhile Unit Trust of India (UTI) was synonymous with security of investment. But, since 1998,
there seems to be no end to bad news for those who invested in its many fanciful schemes. On 18 February 2008, UTI Mutual Fund (UTIMF), which inherited the Senior Citizens’ Unit Plan (SCUP), will unilaterally terminate the...
If you must trade on margin in a volatile market, here are some things to keep in mind
After the carnage in the stock market on 21st January, Prakash Shetty (name changed), an investor, called to complain that his broker had compulsorily squared-up his trades at the lowest prices for the day causing him a huge loss. Shetty has been trading for over two decades, but was still in a soup. In...