Stock Picks For My Long Term Portfolio.

1)Unitech
2)DLF
3)Larsen and Tourbo
4)GMR Infrastructure
5)ICICI Bank
6)State Bank Of India
7)IDFC
8)HDFC Bank
9)Jindal Saw
10)Praj Industries
11)Punj Loyd
12)Suzlon Energy
13)Reliance Industries
14)Reliance Petro
15)Reliance Communications

Sensex clocks 2nd highest point gain; up over 6%

It was a day of absolute strength for the markets as they closed near the high point of the day breaching some important psychological levels. Sensex has breached 16,000 mark while the Nifty closed above 4850 levels. Both Sensex and Nifty up 6% each. It was the second biggest single day point gain for Sensex. Heavy buying was seen in scrips across sectors.

The broader markets are also following the suit and the midcap index closed with a bump up of 6%.

All the BSE sector indices closed in green; IT, realty, bank stocks were among the top gainers of the day.

The cues from global peers were encouraging as most of the Asian markets ended in green as US market picked up another triple-digit gain yesterday with the Dow gaining 187 points.
JP Associates, Reliance Energy, DLF, Unitech, ICICI Bank, Tata Power, TCS Infosys, Satyam, Reliance Communication, Tata Steel, SAIL, were among the gainers.HCL Tech, HDFC Bank, BHEL, ABB, L&T, Hindalco also ended higher.
Sensex closed up 928.09 points or 6.07% at 16217.49, and the Nifty up 267.65 points or 5.81% at 4877.50.
About 2180 shares have advanced, 818 shares declined, and 62 shares are unchanged.

Seven Ways To Survive a Stock Market Correction!

Here are seven simple ways to survive a stock market correction as an investor:
1. Stop Listening To Analysts
Most analysts in the media instead of providing you with a solution will just confuse you. Somebody will say everything is doomed while others will say things are great in the long term. Forget listening to analysts- most of them would not be of any help. The reason people listen to analysts is because they are looking for peace and hope. Trust me you will get none of that by listening to somebody else. Peace and hope are all within you
.2. Stop Staring At Your Portfolio Every Thirty Minutes
Another mistake people make is that they get up every morning and wait for the markets to open. Once markets open they start staring at their stock prices. A fall makes you feel worse and small rise makes you feel a little better. This would not help either. Instead keep track of the fundamentals of your company every time the results are out. If your company is profitable and growing - be happy. If it is not, find out if you need to exit. The stock price will catch up in the near future if business is growing. Do you stare at your money kept in a bank FD everyday? Most probably not. Use the same principle when you invest in stocks or mutual funds.
3. Be Patient
Many of you might not have a lot of cash to buy cheap now; however please be patient with whatever you have bought. Even the youngest billionaire on Earth today is 23 years old. It took him 23 years to be a billionaire and he did not do it in few days or weeks. The youngest billionaire probably in history is 23-year-old Mark Zuckerberg - the founder of the social networking site-Facebook.
4. Speak To Actual Investors
With ExperienceInstead of interacting with analysts or your broker, speak with people who are actual investors and who have been in the market for longer periods of time than you. They will tell you how they have survived various stock market corrections and what has made them richer. Read and learn more about people who have actually created wealth and sustained it over a long period of time.5. Stop Following Crazy TipsPlease for heavens sake stop following â hot tips which promise to make you a millionaire in a matter of months. Maybe the hot tip is only meant for billionaires who would end up as millionaires in case they do follow the tip. If it seems to good to be true, it is probably just a scam, which hopes to take money away from retail investors and put them in the hands of greedy manipulators. Similarly stop following rumours about how fundamentally strong companies are going to be shut down and go bankrupt in the next few months. Use your own head and trust yourself. 6. Understand Market Cycles
Every asset class has a cycle. Stock markets, mutual funds, real estate all move in cycles. Please realize that nothing can keep going up forever in a single direction. There will be phases when prices will come down and again move up. If you go back into history you will see several instances when stock prices came down, however over a period of time quality companies always reward investors. Understand market cycles, and dont become a slave to them.
7. Follow The GuruToday the richest man on earth, Warren Buffett, is an investor who has created wealth because he has stayed away from what everybody else is doing and has simply invested in quality companies for the long term. He invested in Gillette, for the simple reason that he believed that men wont stop shaving. It makes sense to follow, as I call him, â The Guru and think long term and remember people who create wealth do things that others dont.I âm sure if you follow the simple techniques above you will be a much happier and a calmer investor. Investing is about controlling your emotions and being disciplined about what you do.
Happy Wealth Creation!
jestin xavier

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Mkts end with hefty losses; Sensex below 16,000

Sensex closed down 566.56 points or 3.42% at 15975.52, and the Nifty down 149.80 points or 3.04% at 4771.60.

Mkt sees second biggest fall ever; Sensex slips over 5%

It was extremely weak day for the markets wherein the Sensex and Nifty opened with huge gap down on the back of weak cues from the global markets. All the key indices traded in deep red through the day barring pharma and auto index which were holding up in green till mid trading session but slipped in late trade.
Banking, realty, power, capital goods, metal and IT stocks were the worst hit counters today. Broader markets also were weak in line with the frontline counters giving abysmal breadth to the markets. On the volume front, the markets disappointed once again.
Sensex ended down 900.84 points or 5.12% at 16677.88, and the Nifty closed down 270.50 points or 5.18% at 4953. About 524 shares have advanced, 2466 shares declined, and 55 shares are unchanged.

budget 08

The Finance Minister has spoken and the market has given its verdict. At least without reading the fineprint, the market was down 350 points. Some obvious disappointments were short-term capital gains tax going up and of course the large debt waiver from public sector banks to the tune of Rs 60,000 crore.
There have been some reliefs as well and some positive steps like excise cuts for many sectors like auto, FMCG, pharmaceuticals and there has been personal consumption increase that is expected after the tax cuts.