Junk Stocks of Indian exchanges


BSE has around 4000+ stocks listed but actually traded would be in range of 1000 stocks and NSE has around 1600blog and again actively traded would be close to 100.

There are some dangerous stocks that should not be traded for various reasons as there is no liquidity in them, or they are prone to get delist and there are other reasons as well that might be interesting to read. You may not heard their name as well,

Kappac Pharma: Company with Chronic disease/Pharma name is deceptive and misleading.

Vikas Globalone : Kiska Vikas ? And nothing Global.

Cressanda Solutions: What Solutions? Providing solutions for black money conversion? Continue reading “Junk Stocks of Indian exchanges”

Good, Bad and Ugly of the India’s election

Yesterday FT did an interesting post on the 3 scenarios for the next government . The Good , The Bad and The Ugly directly impacting the economic scenario of India . The Fun fact: as many as 363 political parties participated in the 2009 general elections and only seven of them were national. India really does coalitions with gusto and there is a chance that anti-incumbwncy voting — embodied best perhaps by the anti-corruption poll-complicating AAP — might deny the BJP the seats they need to form the stable government apparently being priced in

The most interesting is to analyse the below scenario :


Caveat emptor : The above is subject to change if Congress is able to form the govt 😉

Buying an Insurance policy ..Caveat Emptor

There is a very interesting column done in the mint today on the insurance policies which die due to lapsation or the product cost is too high.

Insurance in India is still a huge commission based business what is interesting the lapsation ration is on the high-rise from the data collected.

In insurance, customers return this product by either letting their policy lapse or by voluntarily surrendering their policy. In case of the non-linked business (term, group, health and endowment plans) for Birla Sun Life Insurance Co. Ltd, the lapsation ratio was as high as 72% for FY11.

Lapsation ratio indicate the number of policies lapsed divided by the average number of policies
Continue reading “Buying an Insurance policy ..Caveat Emptor”

GAAR-Government of India & Global Investors

For those who are not aware just to let you know Goldman Sachs conducted their first ever bord meeting in India against a deteriorating economic and political backdrop in the country, where business is slow, economic growth has cooled and regulation has become a minefield for foreign investors.

GAAR stands for General Anti-Avoidance Rules which was presented by Finance minister in this year finance bill acting as anti global investor and the FIIs are already pulling the plug on such investments which will affect the flow of money into the capital markets. Continue reading “GAAR-Government of India & Global Investors”