In your interest.
Online Personal Finance Magazine
No beating about the bush.
While the market is in a severe bear grip, several of our medium-term picks are doing well. But we are reducing the number of stocks in the 'A grade'
Of the stocks in our medium-term list, Orchid Chemicals gained the most – 12%. Jayaswal Neco too rose 12% on getting an allocation of coal blocks. Among the other stocks that withstood the market decline were Hindalco (7%), Praj...
Many of Momentum stocks were up. We are making six changes to our list. A review
While the broader market was down last fortnight, many momentum stocks did very well. During the fortnight, Jayaswal Neco and Panoramic Universal surged over 17%. Jayaswal Neco has been awarded a coal block which the market thinks is a gold mine in the current situation of high coal prices. Panoramic...
Financial theory says that the price of an asset should be the discounted value of the income it fetches over a period of time. But it is an impractical measure. How can you know what an asset will fetch, except a government bond? Also, traded assets like stocks can be volatile, fetching one price today and sharply lower or higher price in a few weeks – even when the earning power of that...