tag:blogger.com,1999:blog-107707072011-08-22T20:23:40.335+05:30Comments on Indian stock market. Happenings, Buy/sell recomendations.tamilhttp://www.blogger.com/profile/02142626865726782747noreply@blogger.comBlogger21100tag:blogger.com,1999:blog-10770707.post-1109611392016903282005-02-28T22:43:00.000+05:302005-02-28T22:53:12.016+05:30Mostly seen as a no-harm budget.<br /><br /><ul> <li>P Chidambaram simplifies salaried Tax structure</li> <li>Includes Investment in Mutualfunds as savings, considered for exemption</li> <li>Cuts corporate tax</li> </ul> Markets welcomed the budget by sensex hitting an all time high of 6721.08 in intraday (Closed very near at 6717.37)<br /><br /><br />http://moneycontrol.co.in/Budget_05/budget_highlights/index.html<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/10770707-110961139201690328?l=indiashares.blogspot.com' alt='' /></div>tamilhttp://www.blogger.com/profile/02142626865726782747noreply@blogger.com16tag:blogger.com,1999:blog-10770707.post-1108138900639827842005-02-11T21:40:00.000+05:302005-02-11T21:57:51.913+05:30<span style="font-size:130%;">The Jet airways IPO, priced at a band of Rs. 950 - 1125 is extremely overvalued.</span><br /><br />This gives a PE of around 60+ while British airways and KLM is around 23.<br /><br />Right now Jetairways is running flights domestically in India. It has in got permission to fly to other countries from the Indian government.<br /><br />Though the initial euphoria might make IPO alotees some money. The agressive pricing is not good for the small investor in the long run.<br /><br /><span style="font-size:130%;"><span style="font-weight: bold;">Verdict : Avoid.</span></span><br /><br /><br /><a href="http://www.reuters.co.in/locales/c_newsArticle.jsp?type=businessNews&localeKey=en_IN&amp;storyID=7602354">http://www.reuters.co.in/locales/c_newsArticle.jsp?type=businessNews&localeKey=en_IN&amp;storyID=7602354</a><br /><a href="http://news.ft.com/cms/s/89b444b4-7c30-11d9-8992-00000e2511c8.html">http://news.ft.com/cms/s/89b444b4-7c30-11d9-8992-00000e2511c8.html</a><br /><a href="http://www.thehindubusinessline.com/2005/02/09/stories/2005020902371300.htm">http://www.thehindubusinessline.com/2005/02/09/stories/2005020902371300.htm</a><br /><span style="font-size:85%;"><br /><br /><span style="font-style: italic;">Disclaimer: The author is not a Investment professional. These are author's personal comments. You are advised to consult an Investment professional before making any decisions.</span><br /></span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/10770707-110813890063982784?l=indiashares.blogspot.com' alt='' /></div>tamilhttp://www.blogger.com/profile/02142626865726782747noreply@blogger.com3