Warren Buffett is visiting India for the first time as part of his Asia tour and his visit includes two cities namely Bangalore and New Delhi. Before that do have a look at the Warren Buffet ppt which will let you know his secrets of success. Buffett is in India as part of his philanthropic initiatives and is also expected to look at possible investment opportunities in the country. Before arriving in India, he visited South Korea. Earlier this month, Buffett's Berkshire Hathaway tied up as a corporate agent for Bajaj Allianz General Insurance, thereby marking its entry into the insurance sector. US billionaire investor Warren Buffett, whose group recently entered the Indian insurance market, will meet Irda Chairman J Harinarayan here on March 25. Warren Buffet Berkshire Hathaway is a sprawling conglomerate that has interests in various businesses, including property and casualty insurance and reinsurance, finance, manufacturing, and retailing. Nifty will encounter support at 5374 and stiff resistance at 5501 and market is getting support from steady crude prices and strong global cues. Crude is seeing a decline in price as Japan said it would release an additional 22 days worth of crude oil from privately-held reserves to aid quake-and tsunami-stricken areas. Thus if you wanna make real money from stocks than do not forget to check out daily hot stocks which has the potential to make you next Rakesh Jhunjunwala or Warren Buffet who stated that and we quote "I am giving up that which doesn't have value for me; but makes sense for others. I thought it is better to give billion later on than giving away millions early on. Charity stands on its own, big time charity should achieve what you work for."
The Indian govt introduced a nationwide Goods and Services Tax (GST) bill into parliament today but the opposition immediately threatened adjournment on back of cash-for-votes scandal and wikileaks is becoming a pain for the present govt. Finally Lok Sabha passed the Finance Bill 2011 and bowing to pressures, the FM rolled back the proposed 5% tax on health services. The five percent tax on healthcare, could have been called as a misery tax as it would have made treatment more expensive. Last but not least I-T dept has issued a Rs 616-cr tax notice to Mahindra Satyam.
Dearness allowance : 2011 Update
In a bid to provide relief from high inflation, the government today increased dearness allowance (DA) by 6 per cent to 51 per cent, which is going to benefit 50 lakh central government employees and 38 lakh pensioners. Presently, the DA is paid at 45 per cent of basic pay. The increase in DA by 6 per cent would be in accordance with the formula prescribed by the Sixth Pay Commission for central government employees. The Consumer Price Index (Industrial Workers), which is the basis for revising dearness allowance, was 9.47 per cent in December and 9.30 per cent in January. The DA is revised twice a year, on January 1 and July 1.However overall investors need to remain watchful of the developments in west Asia as in west Asia as coalition forces renewed air strikes on Libya, intensifying the skirmish and stoking fears of oil supply. One can enter in market with an advisor and trade in stock specific action. Barack Obama, President, USA has now publically stated and we quote "It is U.S. policy that Mr Gaddafi needs to go. We have got a wide range of tools in addition to our military efforts to support that policy. Not only was he carrying out murders of civilians, but he threatened more; he said very specifically: We will show no mercy to people who live in Benghazi." It means now once US is clear about its aim and goal than Gadaffi has limited days. Only problem Gadaffi is facing is that no country is ready to offer him an asylum.
Click Here to Get Free Stock Market Tips in Email
Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5375-5313-5241 | 5510 |
| Sensex | 17870-17741-17516 | 18150-18316 |
| Stock | Profit (Rs) |
| Tip | 1730 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 43450 |
Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 65870 |
Strong future shares at National stock exchange
Escorts, Opto Circuit, Rel Capital, Mcleodruss, OnMobile, Apollo Tyre, Havells, Core Protect, Sun Pharma & Grasim.
Weak future stocks at NSE
Mphasis, Patel Eng, S Kumars, PFC, Punjlloyd, GVKPIL, Areva, Hindalco, Jindal SWHL & Ranbaxy.
Click Here to Get Free Future and Option Tips in Email
If you like our post than do not forget to refer our share tips website to your friends and colleagues. You can find more info related to the share markets of India by searching with the following keywords on the site by using the Google tool as given on the financial blog cum website.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
