Apple threatens Nokia?

Weird isn't it? Don't worry guys it's not any Bomb or Terrorism threats that has got Nokia off their feet, but its great news for the mobile consumer market. The famous Apple Corp., father of Mac desktops, is soon going to launch its new iPhone models in India. These iPhones are quite cheaper and offers lots of features in its new handsets similar to the original iPhone.

So what did Nokia have to say about this? Olli-Pekka Kallasvuo, CEO of the Nokia Corp, said the marketing and growing anxiety would surely increase the awareness of iPhones in the Indian market. This certainly means that these new breed of handsets surely have something new in them that’s threatening global mobile market gaint, Nokia. Further the CEO says that these phones would make them [Nokia] more competitive, than before.

He also added Nokia has nearly 60% share in the Indian mobile market and so obviously any company would be worried about the entry of a competitor in the market. Nokia of course has been one of the most trusted company in the handsets segment. But one must not forget that Apple Corp. is also a very good company. No wonder Nokia has hot feet now!

Though the customers for Nokia are in millions per week, and we might think they don't have anything to worry about, they are going to introduce low and middle end models with all the facilities like Internet, especially in all the rural areas. Are they grooving up for some real competition?

Service providers like Airtel and Vodafone are ready to market Apple iPhones with special packages. As of now it looks like everybody is in for some grab in the share market. But Nokia is no glutton; they are getting all geared up to get into the competition and face the challenges that they would face in the future. After all it is Nokia Corp. – Pioneers of mobile phones and one can never underestimate their plans.

So all you mobile freaks out there get ready to see good action from these two competitors. Is the famous expensive brand with a good music phone and all the latest features or is it the most trusted company, that's going to rule the Indian mobile markets with its economical hand-sets???

Market Study

Déjà vu! Just like the last weekend, the markets have ended in deep red. The bears successfully crushed the bulls. July will see the markets in a negative bias and the culprit happens to be, none other than the famous fall in the US markets which lead to fear in the price rise of crude prices and bad returns from the IT sectors. The Dow Jones fell nearly 350 points on Thursday to close at its lowest point ever since September 2006.

The Sensex had its lowest point of the day at 13,760.24 slipping nearly 661.58 points over the previous close and it ironically ended at 13,802.22 down by nearly 619.60 points or -4.30%. Nifty too, ended southwards closing at 4136.65 down by 179.20 points or 4.15%. Its low point for the day was 4119.20 down by 196.65 points.

Bank, Auto, Realty and Infrastructures sectors which are related to rate hikes had their major blow due to heavy selling. The mammoth blow for today's downfall of markets was the Crude-Oil reaching a new high of $141.7 a barrel; an all time high. But experts say that they expect the crude to touch $170 a barrel.

The Bank sector noticed the worst hit, falling 345.64 points or 5.34% at 6,125.95.
Heavy sell off was seen particularly in Bank of India, Axis Bank, ICICI Bank, Kotak Mahindra, Yes Bank, SBI, PNB and HDFC Bank. The Automobile stocks too plunged badly today falling 204.83 points or 5.26% at 3,689.92. Tata Motors, M&M, Bajaj Auto,
Exide Industries, Ashok Leyland, Maruti Suzuki and Hero Honda lost the road and got onto the wrong track!

Other indices that were badly hurt in today's crash are:

Power index down by 119.5 points or 4.87% closing at2,335.26.

Metal index slid by 630.96 points or 4.53% at 13,292.45 due to selling in NALCO, Sterlite Ind, SAIL, JSW Steel, Hindalco, Tata Steel and Jindal Steel.

Technology index down by 177.11 points or 4.24% at 4,004.75.

Capital goods lost 445.09 points or 4.09% closing at 10,442.14.

The telecom sectors saw heavy pressure for selling today.

But finally, the Health sector came to the stock rescue as they recovered but they were caught by the downfall trend and fell 1.4% at 4,150.05.


MIDCAP &SMALLCAP INDICES:

So all you investors must be expecting real Hariyali season! But unfortunately for all of you it’s a REDDISH market today. Midcap Index slid 183.29 points or 3.19% at 5,558.75. Amongst midcap stocks Hind Const, Phoenix Mills, IRB Infra, Atlas Copco, Sintex India, Triveni Engg, Panacea Biotech, TV 18, Asian Hotels, Nagarjuna Fert, BN18 Broadcast and Deccan Aviation fell around 8-14%.

Smallcap indices fell by 191.01points or 2.68% at 6,938.07. So, the markets will continue to trade low in the next week in the start of July and we sincerely hope the markets will recover soon. After all everything lies in hope and luck!

The Mother Of All Marketing Strategies

So guys today in our blog we write some thing different.We have heard that a movie "MUKHBIIR" that was stopped due to some reason is all set to release not only in India but world-wide, and do you all know how they gonna promote their so called movie "MUKHBIIR"?Any guesses???
Now the producer and the director of the movie are offering "CASH BACK OFFER ON EVERY TICKET IF YOU DON'T LIKE IT".
Sounds interesting isn't it?
Yes, but that's true.The film's tag line is "Satisfaction Guaranteed".
The makers of the film are so sure that they don't think the flick's gonna fail.
The confidence in the movie gave the Hyderabad based company gave such a big offer on it's debut movie.

So the "SMS and win" offers or "scrath karo aur inaam pao" things are all passe, now this strategy is the mother of all.
But we find this strategy a bit out-of-box idea, it's really a creative one.Now everyone who hears about this or see the offer somewhere is surely gonna be tempted to get his money back after watching the movie ,but then he has to buy a ticket at first which means more and more ticket sales and then more revenue to the company.
But there's a trap:You guys think that you can claim your money simply by saying you don't like the movie, guys those people are here to earn money in any possible manner but not to give it back so easily.But it's sure that they are gonna give it, but how?
Suppose if you claim your money back the company's gonna give you after deducting the ticket price from the taxes.Then don't think too much is gonna come your way.

But the makers of the movie say that they worked really hard for this movie but then promote it in a completely different way, it's just a marketing strategy, but this idea might be the world's first one where the makers of the movie promise you your money back if you don't like it!!!

The movie has been directed by Mani Shankar the director of 16 December and also has Suniel Sheety,and debut actor Sameer Dattani.So the films promises to rake in moolah not only for it's makers but also for it's viewers also. We hope the movie really makes lots of money and fare well at Box Office too.

SO ALL THE BEST GUYS!!!

Market Today

So today the markets have performed very well and ending in green.It went northwards in the last one hour of the trade. It was due to short covering in the F&O section which started yesterday.Though the RBI has hiked the CRR & Repo rate by 50 basis points it had no effect on the market. The CRR rate is one which the banks gives a slice of customers deposit
set aside as cash to the central bank and the repo rate is the rate at which the banks borrow from the RBI.

When the markets opened to trade they had a sharp fall but then they recovered slowly.Both the indices were down
Nifty was below 4100 and Sensex was below 14000 and traded at 4093.20 and 13,731.54 respectively as these were the
day's low point for both the indices.But again due to some buying in markets the market recovered from day's low
and reached the day's single day high and reached at 4262.55[Nifty] and 14,248.65[Sensex].
But finally they settled 4252.65, up 61.55 points or 1.47% for NIFTY and 14,220.07,
up 113.49 points or for the SENSEX.

GLOBAL MARKETS TODAY:

Asian markets did good job today Nikkei and Jakarta ended high today
Shanghai Composite was up 3.64%
Hang Seng 0.8%
Straits Times 0.83%
Kospi 0.4%
Taiwan Weighted 1.5%
while Nikkei down -0.14%
Jakarta Composite -1.02%.

European Markets: were trading in green;
FTSE 100 was up 0.3%, CAC 1% and DAX 0.4%.

As the Advance:Decline ratio was on negative side or you can say there was not much diference between them it was like
for every 7 stocks advanced,5 shares declined [7:5].

So today each and every sector did very well and ended in green.The major players were Reliance Industries,
Reliance Comm, Bharti Airtel, Tata Steel, BHEL, TCS, DLF and ONGC.Today every single sector performed well and gave good returns. We hope this may continue and let the BULLS continue the rally.

Market Today

Unexpectedly, the first day of the week started very badly. The share market ends in RED today; Not very different from the last week at the Bombay Stock Exchange. The Bearish attack continued from the first day. The Sensex and Nifty opened very low continuing by Friday's trend and both the indices witnessed heavy selling. But then in the noon session the Sensex had a recovery of nearly 350 points and the Nifty 100 points. This situation did not cling on for a long time as again the markets slipped into the alert zone.

The markets in the United States of America were no different from Indian Stock trades. It fell badly on Friday. This could have been, as mentioned before, one of the reason for today's fall in the Indian Stock Markets. As the Inflation touched 11.05% last week the RBI would hike the rate especially CRR and Repo rate. Banks also to hike their lending rates and the inflation would continue to be at 11% till next few weeks as there is a pressure on companies due to commodities price hikes.

The Sensex nearly saw today's low at 14,163.45 but then recovered 130 points. It finally gave in and closed at 14,293.32 but down by 277.97 points or 1.91%. While the Nifty slipped down below 4300 mark, it recovered 41 points from today's low at 425.50. But just like the BSE Sensex it ended at 4266.40 down 81.15 points or 1.87%. Seems like all the traders at the Stock exchanges are learning more of subtraction than the all important addition! Another reason the market was down today was because of the Midcap and Smallcap stocks. Again the Advance/Decline ratio was too large. Only 512 shares advanced and nearly 2334 shares declined, while 281 shares were unchanged. The Midcap Index lost 3.60% or 217.20 points to settle at 5,815.23. Smallcap index was down by 3.53% or 216.36 points to settle at 7,136.30. Both the Midcap and Smallcap blew the pockets of investors of the Bombay Stock index and India stock index

Now for a look at the other sectors which suffered today to end in RED:
CAPITAL GOODS index down by 5.29% or 602.78 points at 10,797.01.
POWER INDEX slipped by 101.86 points or 4.01% at 2,437.98
FMCG SECTOR DOWN BY 1.41% to settle at 2,202.65[selling in United Breweries, Dabur India, Godrej etc.]
BANK SECTOR CRASHED 2.56% to settle at 6,630.58
PHARMA INDEX LOST 2.43% OR 105.16 points to settle at 4,220.24
OIL AND GAS FELL BY 2.63% OR 247.79 points settling at 9,172.10 [selling in many petroleum companies like RIL, GAIL, HPCL etc. But the gainers in this were ONGC, Cairn India and BPCL]

Fortunately the Information Technology sector index gained 0.68% to end at a not very high 4, 233.42 due to buying in HCL Tech, Wipro, Infosys, Satyam, Tech Mahindra and Patni Computers.

Brief at the Global Markets:
Asian markets closed in negative following weak US markets.
Nikkei -0.6%,
Shanghai Composite -2.5%
Hang Seng -0.13%,
Kospi -0.89%,
Straits Times -0.75% and
Taiwan Weighted -0.33%.

European markets were trading marginally in GREEN, FTSE 100 was up 0.53%, CAC 0.3% and DAX 0.4%

For a summary of today’s stock market, it was down due to crashing of MIDCAP and SMALLCAP stocks which led to the market to closing on a negative.

The Market Today

Welcome to another pathetic day in the Stock Market today!

The market saw the Sensex and Nifty, both crashing down without any breaks. Both the indices were so low today that they slipped down nearly 500 odd points (Sensex) and 300 odd points (nifty) that they were at 2008’s lowest points.

The Sensex closed at 14,571.29, down by 516.7 points or 3.42% while Nifty closed at 4347.55 down by almost 156.7 points or 3.48%. If these were today’s low points on both the indices, then both have crashed so badly that they created the 2008's lowest points since August 29, 2007 when the Sensex was at 14,645.3 and Nifty 4369.8 (August 2007)

So we see that this week has been completely dominated by the Bear speculators who completely ruled out the Bulls. This week the Sensex lost nearly 1200 points with a drastic change of 4% while the Nifty lost 325 points with a change of 3.7%. The investors were made poorer by crores of rupees who unfortunately saw a Bearish week.

The advance decline ratio was like an wide open jaw where nearly 2000 shares declined, sadly to, red and only 500 odd shares advanced in the whole trading session today while almost 200 shares saw no change. This heavy decline was hit almost all the sectors be it Banking, Petroleum, Communication, Real Estates - you name them and you can see your stocks ending in the alarming RED.

Reliance saw the mammoth losses with the Reliance Industries nearly down by 6.63% - on a six month low and Reliance Communications down by 6.68%. Karlo duniya muthi mein?

The majors players like Hindalco and ONGC lost a whopping 6.39% and 1.56% respectively with so many other players like Bharti Airtel, Jai Prakash Associates and others saw their day's lowest point and ended in red.

So you think heavy selling crashed the market so badly? Think again!
This time the reason was the big monster - Inflation, which reached unbelievably to 11.05% resulting in heavy price rise – An enormous 13 year high. The last peak was near to 11% in the year 1995. This left the common man pondering about the reason behind the inflation and it won’t take much time to realize that it was the rise in price of Oil or the Crude. Obvsiouly, increase in price of a commodity price leads to price hike in several other commodities. The Commerce Ministry says that this might continue for the next two weeks.

Is the Indian Stock Market alone in crashing this badly?
To your surprise, if any one of the Global markets goes southwards then it definitely affects the other World Market too. One market never suffers alone while trading either high or low. So if you cry in the stock market, the whole world cries with you.

The Global Markets today are:
NIKKEI [JAPAN] DOWN BY: 1.33%
TAIWAN INDEX SLIPPED: 1.8%
HANG SENG [HONG KONG] DOWN BY: 0.23%
SHANGHAI [CHINA]: Was trading in GREEN and closed at 3.01%
STRAITS TIMES [SINGAPORE]

Also ended in NORTHWARDS closing at 0.31%

The European Market surprisingly traded flat.
DOW JONES and NASDAQ [NYSE]: 12,063.09 gaining 34.03 points or 0.28% and the latter at 2,426 gained 32.35 points or 1.33%.

While the culprit Inflation is sending figures doubling up, the RBI says that they will have to use monetary tools but the Finance Ministry say that it may control Inflation through controlling the prices of food grains, vegetables and other commodities.

This ends a sad story hoping that the markets will improve by the next week with the Bulls getting into racing mode so that we see a ray of green in the coming week.