December 10, 2010
RSI is an oscillator which is used to measure the technical strength or weakness of a particular stock. It is a technical momentum indicator that compares the magnitude of recent gains against recent losses. They determine overbought and oversold conditions of a scrip.
November 16, 2010
In one of my previous post we have already gone through candlestick chart. But that was a very basic overview; today we are going to have a closer look on it. As mentioned in that previous post those candlestick charts was developed in Japan and were mainly used by the rice traders. But over the years, they have developed as one of the most favorite and commonly used chart by the equity traders across the globe.
October 21, 2010
Stock market have again opted for upmove and been cruising along. Sensex has travelled from 19000 to above 20000 in less than 2 months time. FIIs have flooded india stock market. But there are many retail investors who have missed the rally and are now confused about the current levels. stock market is all about entry and exit. Timing is the most crucial factor in playing stock market. An average investor is looking for clues and tips to know about the right stocks and right time. We often turn to stock analyst for tips, but at the same time we hardly understand what they say, we just follow their recommendations and sometime we make profit and sometime, loss. If we can understand their analysis, it will further boost our confidence and then we will be able to reap the real benefits of market. A trader can make profit from falling as well as gaining market.
September 28, 2010
September 21, 2010
Stock market is soaring high and breaking records every day. Making huge bucks out of it, is a lucrative prospect. All of my friends are having online demat account with almost all the leading brokerage houses in India. All of them are providing online trading facility along with many other facilities like online investment in IPO, commodities, mutual funds and currency, etc. All of them claim to be the best one and being awarded by some award. Infact top 10 among them are well known and huge groups. ICICI Direct, Reliance Money, Sharekhan, Motilal Oswal, Edelweiss, Geojit Bnpparibas, Kotak Securities, HDFC securities, Angel Broking, Karvy and India Infoline, they all are well famous and renowned firms.
September 7, 2010
Things have changed; wind is blowing in an entire new direction. After a huge disagreement between SEBI and IRDA over the regulation of ULIPs, IRDA came up with new guidelines for ULIPs and these new guidelines have completely change the way business of ULIPs is conducted in the country. Insurance regulatory and development authority of India has redesigned Unit Linked Insurance Product as long term protection plans instead of it earlier position of investment products. It has reduced its cost and changed the commission structure.
August 3, 2010
Come September 1 and you will have different ULIPs and pension plan across life insurance companies. Insurance regulatory and development authority has recently issued new guidelines for Unit Linked Insurance Plans and pension plans. New ULIPs will come with a five year lock in period instead of three years. Commission payout will also be restructured and pension plans will look different than older ones. These all steps have been taken to curb mis selling. IRDA has been asking insurers to take necessary steps but it didn’t result in any significant drop in mis-selling. Generally, sales agents apply different tactics to sell life insurance policy which include telling customer that policy can be redeemed in three years and money will be doubled in that period. There are very few sales agents who sell life insurance as life insurance but most of them introduce life insurance products as some fund or saving plans.
July 15, 2010
Recently many health insurance companies removed the name of many big hospitals from list of the Preferred Provider Network (PPN). They claim that hospitals have been inflating their bills for patients who have mediclaim policies offering cashless facility. Most of these hospitals are from metros like Mumbai and Delhi. Since the news broke, it has caused paic among policy holders and they are running from hospitals to Third party administer (TPA) and from TPA to insurance company. This has led to the chaos among patients who holds these health insurance policies and they are not able to understand the logic behind this move. Due to overstating of bills by major healthcare providers, the industry ended up paying Rs 11,000 crore on the premium collection of Rs 8,000 crore.
July 2, 2010
Insurance regulatory and development authority of India has recently introduced new ULIP guidelines. These guidelines will be affected from 1st of September 2010. In last few months, IRDA has taken several steps to streamline life insurance business and safeguard consumer interests. Mis-selling has been a huge problem troubling life insurance player in India. New guidelines are meant to check mis-selling and put life insurance products as insurance products rather than investment products. Life insurance players have been selling ULIPs as investment products rather life insurance. After this, it will be strenuous for life insurance companies to selling ULIPs as core investment products. New guidelines have increased the lock in period to 5 years, ask insurance companies to control cost and restructure the commission payments to distributers and agents.
June 30, 2010
The Insurance Regulatory and development authority of India had introduced new ULIPs guidelines to protect consumer interest and enhance ULIPs as Insurance products than investment products.
April 20, 2010
The RBI on Tuesday hiked short-term lending and borrowing rates and the portion of money banks deposit with it by 25 basis points each, in a move aimed at controlling the inflation,
The apex bank hiked its repo, reverse repo (overnight lending and borrowing rates) to 5.25 per cent and 3.75 per cent, respectively, while the Cash Reserve Ratio or the portion of deposits banks park with RBI, to 6 per cent in line with analysts’ expectations.
February 18, 2010
If you are planning to buy a new car, computer, home or any other thing, this is the time to speculate. Some will says prices are going to increase after budget and some will say, wait for budget, prices are going to come down. This is the period of apprehensions, anticipations and speculations. Stock market has started showing signs of volatility. This time, Union Budget is going to be a bit different. Probably because, economy is moving out of recession and mode is tackling recovery rather than slow down. Food prices are already soaring high and inflation is flying high.
February 18, 2010
Sale season is on in India. Discounts always attract customers, getting something in less than its actual price always does the trick. Life insurance should not be the exception but we hardly get any Life insurance sale. With the growing number of life insurers in the market, competition has increased and resulted in more number of options for investors. But cracking a better deal in life insurance is not always the prime factor while doing a purchase.