India’s Stock Market Takes Off! - TATA Consultancy Services Leads the Way
I don’t want to steal SouthAsiaBiz’s thunder but I came across an article today in a local paper that said India’s stock market is taking off.
The bellwether Senex stock market index soared 45% in 2005 and has already risen 20% in the first quarter of this year!
I wish I understood more about the stock market and had the faith to trust others with my money…but, alas, I don’t know and I am not very trusting with giving my money to people who don’t know me and won’t miss my money when they lose it.
Still, if I did, India seems the place to start, no?
In the same paper, (page 2) the quarterly profit an Indian software firm Tata Consultancy Services reported their profit went up 72.3%!!
Let me see, had I invested $100K…in three months it would have grown to $172K. Is that right?
Quick, someone tell me how to invest in India.
Oh, and I need $100K to invest, too.
Tags: 4153, 4237POSTED IN: india
6 opinions for India’s Stock Market Takes Off! - TATA Consultancy Services Leads the Way
Aditya Kumar Singh
Apr 19, 2006 at 2:24 pm
Nice Blog…i love it… keep updating with fresh content, i will come back for sure.. and dont forget to visit my similar blog also -
http://indiamf.blogspot.com
panasianbiz
Apr 19, 2006 at 2:31 pm
Thanks for visiting, Aditya.
Please take a look at SouthAsianBiz. That site deals in more depth with South Asia.
PanAsianBiz
Apr 24, 2006 at 12:36 am
Yesterday I wrote about how India’s stock market has taken off. Today, I read another report about an Indian software firm, SATYAM, announcing quarterly profits jumping 38%! And, annual sales surpassing $1Billion! Satyam ’cautioned’ tha…
KnowYourProfit
Jul 16, 2008 at 11:56 pm
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sharetipsinfo
Jul 31, 2008 at 10:14 pm
Hi,
5 days of rally in Indian stock market recommendation and again a crash. One day gap up opening next day just mirror reflection of it (Gap down). All points gained by nifty whipping out. Investors was thinking that they should reenter in the market and can take long positions but just see what happened. These kind of movement are called traps. Still we are expecting more short covering to come in 2-3 days.
But do remember overall market mood is bearish throughout the year. So invest money but for short term not for medium to long term. You will get much better opportunities to do so at more lower levels.
Thanks
Regards
ShareTipsInfo Team
Crash Of The Stock Market
Aug 31, 2008 at 10:22 am
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