The energy situation in India saw some significant announcements recently. The country is expecting to raise its natural gas price by 44 percent.
{ 1 comment }
Oil and Gas
Oil India Limited ( OIL ) IPO opens on September 7th and closes on September 11th 2009 and the price band for the IPO is between Rs. 950 and Rs. 1,050.
{ 2 comments }
We have certain historical evidences to analyze natural funds. For example: Reliance Mutual fund was launched in February, this year. It was called the Reliance Natural Resources fund. There was an over whelming response from investors. The scheme attracted about Rs. 6000 crore in subscriptions. Also, there was the DSP ML Natural Resources and new energy fund which was launched in April and had managed to amass around Rs.275 crore from the investors.
{ 1 comment }
Once I heard in an interview about Dhirubhai Ambani and he said something like “Opportunity arises in calamity” and way equity markets are falling it can be considered as Calamity and so if you are brave enough you can find good opportunities. So, this is investing time purely for investors and not for day traders and speculators. There are good opportunities to pick good stocks. Investors should buy stocks and do not look at the pick of six months to a one year time frame.
{ 5 comments }
I also started getting more tele calls from many brokers to open the commodities trading account and they told the target in Gold, Oil is very high.
{ 0 comments }
Experts advice investors to concentrate on long term investment as market is confusing for short term investments. If we go categorically as per rate sensitive or rate affecting sectors first comes banking, real estate, auto and then oil .
{ 1 comment }