Saturday 5 October 2013

Interesting stats on banking aspirants

Bank license aspirant
Price as of 1-4-2013
Price as on 4-10-2013
Aditya birla nuvo
984
1261
Idfc
142
93
L&t finance
76
66
Reliance cap
322
329
Lic housing Finance
226
206
JM financial
16
21
Muthhot finance
180
94
Bajaj Finance
780
599
Tourism finance
22
19.65
India infoline
62.4
50.15


The interesting point to note here is of all the banking aspirants only Aditya birla nuvo and Jm financial out performed giving positive results of 28% and 31%. Further if we dive into the issue,aditya birla group chairman Kumar mangalam birla is on board of reserve bank of india for past 6 years which gives a smell that banking license is sure for them.Another company JM financial which saw vikram pandit{ former executive of citi group} picking up significant share in the company is now appointed by Rbi as a member of committee framing blueprints for financial inclusion in the country.

23 comments:

  1. Thanx for the write-up, and also the blog's new look is attractive to eyes.
    Regards,
    Soumik

    ReplyDelete
    Replies
    1. welcome soumik,was thinking to create new look,got Free time yesterday!!

      Delete
  2. Sir,
    is LIC almost sure of getting bank license??

    ReplyDelete
    Replies
    1. sources say so,but i dont feel because see when ever their is blood bath on strret,wen nifty dips much lower government asks lic to enter and start buying to avoid further dip,it has been many times we observed when market dipping and lic comes as saviour,even if PSU issues does not get sucess,lic comes into picture picks it and issue gets subscribed,now if it is granted bank license then it will not be able to come to rescue for markets,it wil have to answer corporate governance issues,so i feel their is 50-50 chance,if license is granted then also it may be parted as new organisation with other name.

      Delete
  3. Excellent write up sir,keep sharing us valuable writings like this,expecting some more of this kind.PRADEEP

    ReplyDelete
  4. Yes sir was observing Jm financial from past few months,sawsome sudden movements in it.

    ReplyDelete
  5. Good writeup hariji.

    Ramaswamy

    ReplyDelete
  6. sir,you promised to write a article on retracement levels and bolinger bands.waiting for it.

    ReplyDelete
  7. Sir m holding 5600 pe's from 120 levels qty 125....can i average @ 55 or exit in loss ????

    ReplyDelete
    Replies
    1. Hie nitish techniaclly market is in bullish momentum,would open green on monday,again even if it corects,we have infosys results which would post gud results so exiting patially on dip would be better

      Delete
    2. adv. call for monday >>> SELL nf fut @ 5968 sl 5996 tgt 5934/5884



      nifty levels for october series--> 6230>6098>5966>5884>5803<<5756>>5737>5671>5605>5539>5445>5351>5311>5272

      adv. call for monday >>> SELL nf fut @ 5968 sl 5996 tgt 5934/5884

      my overall view is bearish on mkt. nd tgt is mch lower

      all good effect wil b already seen on chart

      so enjoy dwnside on major +ve news

      ill take mkt down.. ab koi beech main nahi aayega.. bears bhi nahi ;)

      5590 - 5820 - 5284 can b like this :)

      Delete
  8. Have been encountering your blog and your name on many financial websites sir,some of my friends are already following you,seems i landed here late.found this blog very informative,keep going sir.

    Menongor.

    ReplyDelete
  9. Hariji.......

    ashok ley ke charts se muje ek upward trend dikh raha hai. Aapke experience se kya hum 19-20 ke levels dekh sakthe hain ?

    Kuldeep

    ReplyDelete
    Replies
    1. Hi kuldeep,this blog has given a buy on ashoke few days back,yes indicators showd buying pressure and accumulation

      Delete
  10. Sir m thinking of going long in rel infra for oct..kindly advice with targets

    ReplyDelete
    Replies
    1. relinfra is bullish on charts,but index beta scrip,resistance at 403,support at 380 levels,enter on a dip

      Delete
  11. Sir,

    New look is realy cool....:-). Thanks for the write up on"Interesting stats on banking aspirants".
    Can you please guide on LIC and Baja FINSERVE.

    I would like to enter on LIC 220 CE and Bajaj FINserver 620 CE today.

    ReplyDelete
  12. Sorry Bajaj Fin serve not in F & O . So shall i enter Bajaj Fin for target 620. and LIC 220 CE

    ReplyDelete
    Replies
    1. Hie sam dont enter bajaj fin yet,lic is good short term bet but wait for adip,it turned bullish

      Delete
  13. Thanks for the quick reply Sir.

    ReplyDelete
  14. You calls were awesome today. Almost all reached the target even before one could trade. Except Adani Power which gave a chance to trade & achieved its target. God Bless you.

    ReplyDelete

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