Indulging in the Share Markets - A word of Caution

Its now become common that many youngsters are looking for easy and fast money at the share markets. Things are so simple that you can Trade conveniently from home through online trading at the internet.

Broking houses are able to lure the youngsters by opening Trading account and Demat account for a small fee and security deposit ( Margin ) which may be even about Rs 5000 only. And these broking houses also send tips through SMS and other methods advising the clients to take positions. But, mind you. The broking houses have no responsiblity if the trade goes wrong. The result is that many youngsters are losing money.

Example : I received a tip on 29th which read as " Sell LUPIN CMP Rs 1169 SL Rs 1205 for short term delivery target Rs 1080 -- India Infoline. "

The tip suggested that one should sell Lupin shares at Rs 1169 to buy it back at Rs 1080 thus expecting a profit of Rs 75-80 ( after brokerage and other charges) per share sold. There was also a caution that after you sell .. if Lupin shares actually went up instead of going down you must have Stop Loss purchase at Rs 1205 ( In the process you make a loss of nearly Rs 45 - 50 per share sold). What happened that day in the market was Lupin shares rose to Rs 1249. Anyone who had acted on the tip would have made a huge loss.

Then on 30th October 2009 there was another tip " Buy Grasim at Rs 2220 with Stop Loss of Rs Rs 2204 with a target of Rs 2260-2265". Grasim actually closed at Rs 1185. This tip also did not work out.

Youngsters who do not know the details and the processes of the share market are being misguided by such tips. There is no reasoning as to why the advise was given .. excepting information gathered from rumours. There arre so many self proclaimed analysts who dole out such advise and the Media .. CNBC NDTV Profit etc encourage such analysts to promote their Channels and their businesses.

Investing in the share markets or trading should not be based on such tips or analysts' views. These people have no responsiblity and conveniently they shield themeselves with a caveat that individual investors should make their decisions for which the Tipper or the analysts cannot be held responsible.

So beware ... Youngsters should first learn about the Share markets and study the particular share counters before making investments. Please do not fall prey to sharks out there

Written in Public Interest by Sankaran Sivaramakrishnan
I may be reached by email at sankaran@kbsconsultants.com

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Going beyond boundaries

A thought struck me as I was pondering about the culture that we have developed in our country. Yesterday 19th October 2009 was Bhaubeej or Bhai Bij . The sister promises good food. The brother assures protection.

Then I was watching Hemant Brijwasi perform on Zee TV.  I remembered that a Guru played a major part in the making of a career. Hemant has learnt to respect his Guru and God. His demand for a "Jai" to his Pyare Lal is divine. That is why he is able to travel beyond boundaries with his music and singing.


Just as Mergers and Acquisitions are happening in the Corporate world Individuals may also merge their strengths to reach out to the world

Deepavali wishes to Young India

There has been a dramatic change in the attitude of Young Indians. Perhaps our former President Dr Abdul Kalam helped in bringing about a welcome shift through his many interactions with students and youth. We do not complain anymore about the poor roads or lack of infrastructure but are now engaged in building India.

Dreams are getting converted into achievements . Take the case Olympics. We have sportsmen who have performed well and many more are building their aspirations. And you see a lot of students casting their Votes at elections and the realisation that Voting is a duty.

Dr Manmohan Singh has a very determined team of youngsters in his Cabinet. Rahul Gandhi appears to have emerged as a strong leader with many young colleagues. The new initiatives of the Government are welcome especially like the veteran corporate leaders being dragged in to run the country.

This Diwali of 2009 is very special .... Wishing all of you a bright future

Regards,
Sankaran
Senior Consultant
KBS consultants
Flat H, Kulothungan Apartments,
No 5, Dr. Natesan Road, Ashoknagar
Chennai, India . Pincode: 600083
Ph: +91-44-24895341 / 24853296
+91-44-23719622
Email : sankaran@kbsconsultants.com

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Government of India has an online Grievance forum at http://darpg-grievance.nic.in/
The government wants people to use this tool to highlight the problems they faced while dealing with Government officials or departments like Passport Office, Electricity board, BSNL/MTNL, Railways etc etc

But if you have any issues relating to our services please feel free to send an email to sankaran@kbsconsultants.com

Business Consultants http://www.indiabusinesssale.com/
Outsourcing             http://www.gotachance.com/
Management Consultants http://www.kbsconsultants.com/
Placement Consultants http://www.jobsvista.com/