Indian stock markets Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) has been seen more volatility from February 1st onwards due to short selling by big
institutions. 500-1000 point intra-day swings will become common due to SEBI’s new policies.
Top Stock for 2008 / Best Stock picks for long term investors:
1. Reliance Communications:
• GSM subscribers will increase.
• According to rumours, apple may give iphone contract to R-Com.
• business of Rcom is less dependent on American financial system.
2. Reliance Petroleum:
• It will unlock its true value 2-3 months before the commencement of refinery.
3. Glenmark Pharma, Educomp solutions and Divis Labs:
• Announced wonderful results
• Good performance for the last 2 years.
4. L&T:
• High valuations.
• Demerger of L&T in 2010 will surely benefit long term investors.
5. Reliance Industries:
• Buy this stock below 2500 and wait for 1 year.
• Reliance Retail and Reliance Life Sciences may list in the markets in the coming days.
6. Welspun Gujarat:
• This stock is Fundamentally sound stock.
7. Among metal companies, we Stock Market Prediction prefer Jindal Steel while ABG Shipyard is a good one in the shipping sector.
8. Among financial stocks we Stock Market Prediction prefer SBI and PBN bank.
9. BHEL and ACC may give decent returns for long term investors during 2008.
Stock Markets Prediction View on Stock Market:
1. SEBI allowed FIIs for short selling in Indian Stock markets from February 1st which has given more volatile markets.
2. Stock investments may not give you stunning returns but if you invest in accumulating manner for long term, you will get decent returns.
3. Retail investors should stay away from derivatives and penny stocks. Invest in fundamentally good stocks at reasonable valuations.
4. Investors in Tata Steel (corus), Hindalco and Tata Motors (Nano) will need to wait 2-3 years to get real benefits.
5. Tata Chemicals and Matrix Labs are best stocks for long term investors.
Accumulate the above mentioned stocks at reasonable prices and wait for 1 year to get decent returns.
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Stock Trading Timings :
Market Open : 09:55 hours
Market Close : 15:30 hours
BSE and NSE remain close on Saturdays and Sundays and holidays.
Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) of India remain close for trading on following days.
BSE Holidays 2008 - NSE Holidays 2008
| Date | Day | Holiday |
| 6th March 2008 | Thursday | Mahashivratri |
| 20th March 2008 | Thursday | Id-E-Milad |
| 21st March 2008 | Friday | Good Friday / Holi (1 st Day) |
| 14th April 2008 | Monday | Ambedkar Jayanti |
| 18th April 2008 | Friday | Mahavir Jayanti |
| 1st May 2008 | Thursday | Maharashtra Day |
| 19th May 2008 | Monday | Buddha Purnima |
| 15th August 2008 | Friday | Independence Day |
| 3rd September 2008 | Wednesday | Ganesh Chathurthi |
| 2nd October 2008 | Thursday | Ramzan Id / Gandhi Jayanti |
| 9th October 2008 | Thursday | Dasera |
| 28th October 2008 | Tuesday | Diwali (Laxmi Pujan) |
| 30th October 2008 | Thursday | Diwali ( Bhaubeez) |
| 13th November 2008 | Thursday | Gurunanak Jayanti |
| 9th December 2008 | Tuesday | Bakri-Id |
| 25th December 2008 | Thursday | Christmas |
Muhurat Trading: Tuesday, 28th October 2008 (Diwali Amavasya - Laxmi Puja)
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The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) trading timings willl berevised between 4th March 2008 and 18th March 2008, as the sun's position may disrupt connectivity, causing difficulties in receiving data via satellites.
Stock Market will stop trading between 11.45 am and 12.25 pm and resume trading from 12.30 pm, a stock exchange circular said, during which traders and investors may face some loss of connectivity.
Trading on the bourses will start at 9.55 am and close at 4.15 pm local time owing to the sun outage, the exchanges said.
NSE Market timings during Sun Outage
Event Duration
MARKET OPEN 09:55 AM to 11:45 AM
BREAK 11:45 AM to 12:30 PM
MARKET RESUME 12:30 PM to 04:15 PM
CLOSING SESSION 04:35 PM to 04:45 PM
BSE Market timings during Sun Outage
Event Duration
MARKET OPEN 09:55 AM to 11:45 AM
BREAK 11:45 AM to 12:30 PM
MARKET RESUME 12:30 PM to 04:15 PM
CLOSING SESSION 04:15 PM to 04:45 PM
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On 3rd March 2008, Monday the benchmark Sensex dropping over 900 points close below 17,000 level at 16,677.88 points and Nifty losing over 270 points to end below 5,000 level. Selling pressure emerged on reports of a weakening trend in global stock markets. Today 4th March 2008, the benchmark Sensex dropped another 338 points, The National Stock Exchange index Nifty also dropped by 88.75 points at 4,864.25, with banking stocks sliding on reports of ICICI Bank reporting a market to market loss of 264.34 million dollar.
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Company Listing Date Issue Price (Rs) Previous Close (Rs) Gain/Loss (%)
Orbit Corporation Ltd. Apr 12, 2007 110 668.35 507.59
Everonn Systems India Ltd. Aug 01, 2007 140 812.25 480.18
MIC Electronics Ltd. May 30, 2007 150 777.05 418.03
Allied Digital Services Ltd. Jul 25, 2007 190 808.8 325.68
SEL Manufacturing Company Ltd. Aug 21, 2007 90 302.05 235.61
Vishal Retail Ltd. Jul 04, 2007 270 801.7 196.93
Allied Computers International (Asia) Ltd. Nov 23, 2007 12 35 191.67
Gremach Infrastructure Equipment & Projects Ltd. Apr 11, 2007 86 241.7 181.05
Time Technoplast Ltd. Jun 13, 2007 315 844.05 167.95
Religare Enterprises Ltd. Nov 21, 2007 185 471.15 154.68
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