NIFTY OPTIONS : DAILY PERFORMANCE REPORT : BEST TIPS IN NIFTY OPTIONS, STOCK OPTIONS, BANK NIFTY OPTIONS

NIFTY OPTIONS : DAILY PERFORMANCE REPORT : BEST TIPS IN NIFTY OPTIONS, STOCK OPTIONS, BANK NIFTY OPTIONS

JANUARY NIFTY OPTIONS - RAJKAMALSTOCKOPTIONS
NIFTY OPTION	DATE	ENTRY	SL	CLOSE CALL	P / L   -             5 LOTS
NIFTY 6300 PUT	17/1/2014	80		90	2500.00
NIFTY 6300 CALL	20/1/2014	60		70	2500.00
NIFTY 6250 CALL	21/1/2014	90		100	2500.00
BANKNIFTY 11200 CALL	22/1/2014	145	BTST	170	3125.00
NIFTY 6300 CALL	22/1/2014	68		88	5000.00
NIFTY 6300 PUT	24/1/2014	43		60	4500.00
NIFTY 6100 PUT	27/1/2014	24		34	2500.00
NIFTY 6150 PUT	28/1/2014	53		73	5000.00
					27625.00

Sensex falls 426 points; Tata Motors, DLF slump

By Abhishek Vishnoi

MUMBAI Mon Jan 27, 2014 5:18pm IST



 


(Reuters) - The BSE Sensex slumped more than 2 percent on Monday, marking their biggest daily fall since September 3 as a rout in emerging markets hit blue chips, while lenders were hurt further by caution ahead of the Reserve Bank of India's policy review.

The Sensex has fallen 3.1 percent since hitting a record closing high on Thursday, reflecting how sentiment has changed suddenly as the U.S. Federal Reserve is poised to continue reducing its monetary stimulus and as fears rise of an economic slowdown in China.

The global factors have raised fears that foreign investors will start exiting India after buying a net $20.10 billion of shares in 2013.

Foreign institutional investors sold shares worth 1.96 billion rupees on Friday but are still net buyers of 32.77 billion rupees this year.

Investors are also cautious ahead of the RBI's policy review on Tuesday.

Although analysts still think the central bank will keep interest rates on hold, expectations of a rate hike are increasing after the central bank made fighting high consumer inflation a priority.

The NSE volatility index, considered at times as an investor fear gauge, surged 17 percent, reflecting the uncertainty.

"The market's reaction to the global contagion will be short-lived due to improvements in our current account. I think the RBI would support growth tomorrow and not just focus on inflation," said Deven Choksey, managing director at K R Choksey Securities.

The Sensex slumped 2.02 percent, or 426.11 points, to end at 20,707.45, marking its biggest daily decline since a 3.45 percent fall on September 3 when domestic shares were hit by worries about military tensions in Syria.

The broader Nifty lost 2.09 percent, or 130.90 points, to end at 6,135.85, closing below the technically important 6,200 level.

Among blue chip shares, Reliance Industries (RELI.NS) fell 2.8 percent, while Larsen and Toubro Ltd (LART.NS) lost 2.6 percent.

Banks were among the leading decliners ahead of the RBI's policy review. ICICI Bank Ltd (ICBK.NS) slumped 4.6 percent, while HDFC Bank Ltd (HDBK.NS) fell 3.6 percent.

Meanwhile, Tata Motors Ltd (TAMO.NS) plunged 6 percent after the automaker's managing director, Karl Slym, died when he fell from a hotel room in Bangkok in what police said on Monday could be a possible suicide.

Ranbaxy Laboratories Ltd (RANB.NS) lost 8 percent, adding to Friday's 19.43 percent plunge, as the drug maker continues to reel after the U.S. drug regulator banned more of its products.

Among stocks that gained, Glenmark Pharmaceuticals Ltd (GLEN.NS) rose 5 percent after the company reported better-than-expected earnings.

Opto Circuits (OPTO.NS) surged 12.5 percent after a Press Trust of India report carried by the Business Standard newspaper's website said Goldman Sachs is likely to acquire a 26 percent stake in the Indian medical equipment maker for around 3 billion rupees, citing sources.

Opto officials were not immediately reachable for comments.


(Editing by Anupama Dwivedi)
 

Weakness in Asian economies seen persisting in 2014, China weighs

 

By Sumanta Dey

BANGALORE Fri Jan 24, 2014 4:35am EST


 


(Reuters) - Emerging Asian economies will contribute less to global growth in 2014 than earlier expected even as their major trading partners in the West show signs of recovery, a Reuters poll showed on Friday.

From China to India, Indonesia, Taiwan and Thailand, over 225 economists polled between January 16-23 have collectively downgraded or left unchanged growth estimates for nine of the top 13 economies in Asia outside Japan.

At a time when developed economies are expected to better last year's growth rates, that implies Asia, the recent engine of world growth, may see its contribution diminish. <ECILT/WRAP>
"The days of double-digit growth are behind us, at least in the largest emerging economies," said Dominic Bryant, global economist at BNP Paribas.

"It is reasonable to say China is slowing down as a result of repositioning itself to a domestic-demand driven economy. And since it makes up 50 percent of Asia, there is bound to be some knock-on effects around the region."

After stunning the world by clocking over 10 percent growth on average for the last three decades, China took the bold step last year to wean itself off burgeoning credit and investments and instead change track to increase domestic consumption.

As a result, its growth rate has steadily dipped. Data this month showed the economy grew 7.7 percent in the last quarter of 2013.

Economists predict a 7.4 percent average growth rate this year, which would be the slowest expansion since 1990, and a further cooling to 7.2 percent in 2015.

Fears of a sharper slowdown in China topped investors' concerns of prospective risks for this year, according to a survey of fund managers released by Bank of America Merrill Lynch this week.

Policymakers in Beijing, though, are unperturbed and say the modest slowdown is as expected and will likely continue.

But the change has affected countries that fuel China's appetite for commodities. Australia has steadily seen its raw material related exports fall, in turn denting the economy.

The latest poll shows Australia's A$1.5 trillion economy will expand by 2.8 percent in 2014 before picking up slightly to 3.0 percent in 2015. Still, that would be short of the 3.25-3.5 percent pace considered "normal". <ECILT/AU>

India, too, another regional powerhouse, is expected to grow at a lackluster pace of 5.4 percent in fiscal year 2014/2015, as a result of the weak investment cycle gripping the country, which goes to elections this year.

Elsewhere in Asia, growth is expected to be tepid in 2014, with elections due in Indonesia, ongoing civil protests in Thailand, currency strength in South Korea and rising bond yields in developed countries pushing investors out of the region.

INFLATION TO PERSIST
In the poll, forecasters stuck to their predictions of high inflation in the region, unlike in the West where some of the largest economies are experiencing rapidly slowing price rises which have raised fears of deflation.
Infrastructure bottlenecks in most countries are seen by analysts as the key reason Asia is unable to benefit from weak food prices globally.

Central banks in turn are expected to keep interest rates on hold in most countries in the survey, at least until the first half of the year. Key benchmark rates are expected to be hiked in Malaysia, Philippines and South Korea towards the end of the year.

A Reuters poll on Thursday showed 45 of 50 economists expect the Reserve Bank of India to stand pat on its key policy rates at its meeting on January 28. <RBI/INT>


(Polling by bureaus across Asia; Editing by Kim Coghill)
 

NIFTY OPTIONS : DAILY PERFORMANCE REPORT : NIFTY OPTIONS, STOCK OPTIONS, BANKNIFTY OPTIONS

NIFTY OPTIONS : DAILY PERFORMANCE REPORT : NIFTY OPTIONS, STOCK OPTIONS, 

BANKNIFTY OPTIONS

JANUARY NIFTY OPTIONS - RAJKAMALSTOCKOPTIONS
NIFTY OPTION	DATE	ENTRY	SL	CLOSE CALL	P / L   -             5 LOTS
NIFTY 6300 PUT	17/1/2014	80		90	2500.00
NIFTY 6300 CALL	20/1/2014	60		70	2500.00
NIFTY 6250 CALL	21/1/2014	90		100	2500.00
BANKNIFTY 11200 CALL	22/1/2014	145	BTST	170	3125.00
NIFTY 6300 CALL	22/1/2014	68		88	5000.00
NIFTY 6300 PUT	24/1/2014	43		60	4500.00
NIFTY 6100 PUT	27/1/2014	24		34	2500.00
					22625.00

HAPPY REPUBLIC DAY - INDIA

NIFTY OPTIONS : DAILY PERFORMANCE REPORT : BEST TIPS IN NIFTY OPTIONS : STOCK OPTIONS : BANK NIFTY OPTIONS

NIFTY OPTIONS : INTRADAY TIPS : BEST TIPS IN OPTIONS

JANUARY NIFTY OPTIONS - RAJKAMALSTOCKOPTIONS
NIFTY OPTION	DATE	ENTRY	SL	CLOSE CALL	P / L   -             5 LOTS
NIFTY 6300 PUT	17/1/2014	80		90	2500.00
NIFTY 6300 CALL	20/1/2014	60		70	2500.00
NIFTY 6250 CALL	21/1/2014	90		100	2500.00
BANKNIFTY 11200 CALL	22/1/2014	145	BTST	170	3125.00
NIFTY 6300 CALL	22/1/2014	68		88	5000.00
NIFTY 6300 PUT	24/1/2014	43		60	4500.00
					20125.00

You're the Boss January 23, 2014, 7:00 am

Deciding How Much Employees and Owners Should Make

By JAY GOLTZ

In my last post, I wrote about my decision not to pay year-end bonuses. As usual, I received some insightful comments in response, including several suggesting that I start sharing more information with my employees so that they have a better sense of how the company is doing. This is something I have thought about quite a bit and I intend to do.

 

But one commenter who asked a series of questions about how much my employees are paid really gave me pause. She asked whether all of them are paid a “livable” wage, whether any are on food stamps, whether they get health insurance, and whether I get paid more than 25 times the salary of my median employee. 

Obviously, these questions reflect a perception of business that has been encouraged by the numerous reports of certain big businesses – Walmart, McDonald’s — that pay employees so poorly that they qualify for food stamps and other forms of relief. But I feel compelled to defend small businesses from being associated with what these businesses do. Part of the problem is that many of these multibillion-dollar corporations cleverly finance organizations that lobby against increasing the minimum wage — often on the grounds that higher wages will destroy small businesses. And we can’t have that!

While these corporations try to hide behind small businesses, the reality is that most of the people making minimum wage work for large companies. That was the finding of a study by the National Employment Law Project, an organization that supports raising the minimum wage, and that’s also been my personal observation.

 

That said, there is a limit to how much businesses, of any size, can afford to pay in minimum wages. While the current minimum is certainly too low, I get nervous when I hear people talking about increasing it to $15 an hour. Some people may consider that a “livable wage” – but I believe that a $15-an-hour minimum wage would create huge problems for businesses. I suspect there is a reasonable compromise somewhere between $7.50 and $15 – possibly the $10.10 an hour that has been proposed in the Senate (and which would merely allow the minimum to catch up with inflation). But while the precise number is open to debate, there is one aspect of this discussion that is not — the need to factor risk, reward, and return on investment into the equation.

And that brings me back to the commenter whose questions gave me pause. Let me answer her first three questions, all of which I think are fair. Do I pay a livable wage? Obviously, this depends on your definition of livable. I wouldn’t presume to speak for my employees, but by all appearances they seem to be making it work, and our turnover is very low. Are any of my employees on food stamps? I don’t know how they could be. They certainly shouldn’t qualify. Do my employees get health insurance? Most have it, and they are all offered it. But then comes her final question, which I think betrays a lack of understanding of how business works. She asked whether I get paid more than 25 times the salary of my median employee.

I do not. But I expect I will some day. The fact is, if a private company gets big enough and successful enough, it’s almost inevitable. At some point, a healthy company’s profit has to be 25 times the average wage. If not, something isn’t working.

I’m not sure when and where the notion of comparing the salaries of chief executives and median workers got started, but I’m sure it was in response to the skyrocketing salaries paid to executives at public corporations, which is a legitimate issue. But this kind of analysis makes no sense when the company is private and the person running it is an entrepreneur or an owner.

This is where risk, reward, and return on investment come into play. Business owners do not get “paid.” They get what is left after all other expenses have been paid, if anything. Sometimes, there is nothing left, and the owner loses money. Interestingly, while profit-sharing is almost always a popular topic, I don’t remember ever hearing anyone talk about loss-sharing. And that’s why it makes no sense to apply the C.E.O. salary multiple argument to a privately owned business. I started the company, I borrowed money against my house to finance it, I have tremendous risk exposure, I took the losses in the lean years, and I do well in the good years.

But what I take home has nothing to do with some arbitrary multiple. Instead, it depends on how much profit the company makes — and on how much money has to be reinvested in the company to build up cash reserves, to meet the covenants the bank insisted upon when it lent the business money and to pay for inventory, receivables, equipment, research and development, and even new salaries.

Many business owners would love to pay their people more, but the competitive marketplace does not always allow it. Trying to pay people well and drive a healthy bottom line is a constant balance — especially under the conditions we have had the past five years.

Jay Goltz owns five small businesses in Chicago.

India to create 100 million jobs in manufacturing sector: Anand Sharma

PTI | Jan 23, 2014, 05.46PM IST

DAVOS: India is looking to create as many as 100 million skilled jobs in the manufacturing sector by raising its share of GDP to 25 per cent from 16 per cent, commerce and industry minister Anand Sharma said.

Sharma is here for the World Economic Forum (WEF) annual meet where he would also have interactions with top executives of large companies from across the world.

"India aims to raise manufacturing (sector's) share of GDP from 16 per cent to 25 per cent and create 100 million skilled jobs. This is a must do," Sharma said while addressing an WEF session on manufacturing. 

 

 According to the minister, India needs to expand its manufacturing sector to boost exports and ensure sustainability.

As part of India's national manufacturing policy (NMP), the country is seeking to boost the sector's growth and ramp up its share in the country's GDP to 25 per cent from the current 15-16 per cent in the next decade. The target is to create 100 million jobs by 2022.

The decline in manufacturing sector growth rate has cast its shadow on the country's exports that slowed down to about 6 per cent in November last.

Sharma, who later will be meeting around 80 business leaders from India and abroad on Thursday at an investment round-table here, met top executives of global firms, including Diageo, Heineken and Shell, and pitched the India growth story on Wednesday.

He is among a large delegation of ministers as well as business leaders from India who are attending the World Economic Forum annual meeting in this Swiss ski resort town.

During his meeting with various high level executives of global companies on the sidelines of WEF meet, Sharma assured them about the growth potential of the Indian economy.

Apart from global spirits major Diageo's CEO Ivan Menezes, Sharma met executives from private equity player Carlyle, among others.

The minister held meetings at "India Adda", set up every year here by India Brand Equity Foundation (IBEF).

The meetings come against the backdrop of the Indian economy witnessing slow growth. The government is looking at ways to attract more foreign direct investments. Sharma is also meeting US trade representative Michael Froman and WTO chief Roberto Azevedo on the sidelines of the WEF meet.

These meetings would be happening for the first time after WTO's ministerial conference in Bali.

Overcoming failures over the years, the World Trade Organization (WTO) reached a landmark agreement in Bali that is expected to help boost global trade by $1 trillion. The agreement has also taken into account concerns of countries like India on protecting its food security scheme to provide subsidised grains to the poor.