In your interest.
Online Personal Finance Magazine
No beating about the bush.
We have made three changes, downgrading one stock to B and adding two stocks to the A grade
None of the stocks could make it to the A grade last fortnight. Of the B-graded stocks 39 were in the positive. In the previous fortnight, Bhagwati Banquets was at the bottom of the list having declined 39%. It topped the list last fortnight, with a 36% rise. Bombay Rayon, a well-integrated...
One of the few people who made tonnes of money during the recent crash was a hedge fund manager called Kyle Bass, managing partner of Hayman Advisors. Way back in August 2006 he put together a fund that would bet on the housing market meltdown.
Within six months, Bass was proved right. Home loans started turning bad, especially those made to people with a poor credit record. With that, prices...
Trimming of IT costs by US & European companies does not augur well for Indian IT companies
Bank stocks are on top of the A-graded list. Union Bank of India has formed a joint venture with leading Belgian financial player KBC group to launch mutual fund business. The stock surged 25%. Punjab National Bank and Indian Bank went up 10% and 6%, respectively. Among the B-graded stocks,...