FII

The emergence of one asset class during this economic crisis has been a surprise to many. One would have normally expected a commodity like Gold or Silver to do well. Even Crude would have been a safe gamble to make when the global economy is on the brink of a recession. However, the re-emergence of the American Dollar during this time has raised a lot of questions. For India, a strong Dollar is not good news because as a floated currency, every time the Dollar gains – the Rupee weakens.

In one single day many Indian investors have lost nearly half their life savings….and they’re the lucky ones. Those who invested as early as January this year at the peak of the Indian markets have seen the value of their investment disappear by at least 80%.Many of them-retired professionals had hoped to make the stock market the instrument that would guide them through their old age. But young or old, everyone was a lot poorer by the time the Bombay Stock Exchange closed early in the evening on Friday. That was perhaps the only silver lining—that it was a Friday. The markets are closed over the weekend. It’s as though the markets have been hit by a giant meteorite and put into a dreadful tailspin.

The ‘BOTTOM’ is an important landmark in a downward stock market. In the current period it is a commodity as sought after as hope or confidence. It is important because it indicates the lowest point that a stock market‘s index will hit. Once a bottom is reached there is no way but up for the index which also means that if you invest at the bottom, your money will have no way to go but up. The benchmark Sensex of the Indian stock market breached the 10,000 level and closed at the 9000 level for the first time in two years today. While it is still difficult to say if we’ve hit the bottom, we can surely say we’re somewhere close to it.

Despite signs of the real estate market beginning to overheat, prices continue to rise in most areas, with smaller cities beginning to outstrip larger metropolitan areas. The Indian government continues to adapt and make reforms, such as lifting bans on hi-tech city projects and dematerializing sale deeds, allowing developers to continue initiating large-scale projects, keeping the interest of investors.

By Dhruva Jyoti Chowdhury

Kolkata, India: In the last decade, when the realty all over the country witnessed a major boom, the price rise of land in Chennai did not rise as sharply as they did in the other metros. That reputation, of being a relatively sober market, has taken a U turn now.

By Dhruva Jyoti Chowdhury

Kolkata, India: The real estate giant are now coming up with a bang. DLF has got the nod from Securities & Exchange Board of India (SEBI) for its Initial Public Offering (IPO), which is expected to raise a record Rs 13,600 crore.

If all goes well, DLF’s market capitalisation is expected to be around Rs 1,05,00 crore, equivalent to $25 billion, which will place DLF at seventh position in market capitalization rankings in the world. And after the IPO, DLF Universal’s promoter KP Singh will be among the richest Indians.