Thursday, February 10, 2011

Banking sector gets continous support from govt............

after daily basis interest calculation now govt. decided to stimulate people for bank accounts by penetrating in rural area
yeah this was expected from the govt because banks are the most important link of financial system as our economy is developing so we need more money in circulation for growth perspective,
as we all know this that indians has more mobiles than a bank account only 40% of indians having bank account which is not good from the indian point of view means there are still atleast 50crore people those are not facilating the bank account thats why their money is not able to grow ............
and thats why their standard of living is also not able to grow but now as our FM says that 73000 villages those have population more than 2000 will be under banking rule so this news can bring up the bankig share specifically for state bank of india .............
in india there are only 38% banks branch in rural area which is not satisfactory numbers at all ...........
still huge market is untrapped now banks should go towards efficient working as base rate introduced & hope some more banking license can given in coming budget so market is untrapped but competition is tough.............


controversial reliance......

in present time reliance is the biggest issue in indian stock market everybody is talking about reliance chevron atlas deal about shell gas in united states.
and now junior ambani Mr. anil ambani announce that there is a conspiracy against reliance (adag) shares just because some institution dont want rise in the prices of reliance but the problem is of shell gas mukesh ambani's short cut to get deal of shell gas from atlas get failed 
so now i think this is not the right time to invest in reliance and i think something more is going worng in reliance ............
and if reliance get sick then there will be worst condition for nifty because reliance has 3% weightage in nifty which is huge then nifty i think get support at or below the 5000 points........




japan in trouble............


the problems continues for japanease economy as chinease economy overtake japanease economy now there is problem of debt to equity ratio in japan the ratio of debt to equity in japan is as high as more than 100 which is one of the big reason of trouble because japanese economy directly related to crude oil prices as japan's 80% energy needs comes to full fill by import but in present scenario the crude oil prices is continously growing just because of devaluation of dollar and egypt crisis n now thats why japanease FII completly exited their funds from indian capital market
but now i think the problems is now for automobile sector as japan is the biggest importer of automobiles for india particularly in sedan cars segment then the prices of maruti share can fall ....................
so this is not the right time to invest yours precious money in automobile sector..............