Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: VAT RATES :: cpt :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: form 3cd :: empanelment :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT
Budget Extravaganza »
 Seeks to amend certain customs notifications in pursuance to change made in Budget 2017-18.
 New look finance ministry team to frame contours of Budget 2018
 How presenting the Budget early seems to be paying off already
 Budget advancement helps Centre, states start spending early
 Five things that you can expect from the Mumbai civic budget today
 GST all set for July 1 rollout but casts shadow on state budgets
 Income-Tax collection revised in Rajasthan budget
 No new taxes likely in Maharashtra Budget
 H.P. budget devoid of any financial prudence
 GST, demonetisation todecide budget priorities
 Railways to come up with mini-budget tomorrow

Budget month may not be rewarding for investors
January, 27th 2011

After a weak beginning to the new year investors can expect a better February, track record of the budget month indicate. analyst . are however, divided.

In the last 21 years, February has been rewarding on 13 occasions with an average return of 4.65%. The month delivered some of the best monthly returns in the stock market history. February 1992 delivered handsome 32% gain in a month.

The other good years for February performance were 1991 (24% returns), 1996 (16%), 1998 (13%) and 2002 (8%). Stock analysts see a range-bound trade during next month and are unsure if February will retain its shine this year. "The months of January and February are not normal this year as there are other events and issues playing their roles," said DD Sharma, Senior VP, research at Anand Rathi Financial Services.

"Budget expectations alone may not be enough to drive the market this time," Sharma said adding issues ranging from inflation to political stability will affect the market.

On three occasions in the last four years, the returns were subdued, gains during February 2010 being 0.44%. The average performance in the decade was positive with investors gaining on six occasions since 2000.

The worst performances were in 2007 when the returns turned negative at -8.18, 2009 (-5.65%),1995 (-5.45) and 2001 (-1.84).

In the current year, January have given negative returns of 7.3% so far. With just five trading days to go, analysts do not expect the month to close on positive returns. BSE Sensex closed at 19,007 on Friday from the closing level of 20,509 on December 31, 2010. January also saw FIIs selling shares worth Rs 3,500 crore till date after pumping a record 1.3 lakh crore during 2010.

While Mr Sharma predicts high volatility in the market, he expects a Nifty level of 5,400 in an event of negative development on the political front. The Nifty closed at 5,696 on Friday, down by 15 points from its previous close. Global sentiment usually favours emerging markets, but the sentiment was affected this time following positive data from the developed markets. The trend may continue during the coming months, said another analyst.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions