|
|
|
|
|
| HOME | CHAT | TRANSCRIPTS | |||
|
THE CHAT ROOMS
|
'Let the guilty be punished'Ramesh Shrichand Damani says that booms and busts are the way of the stock market.
pallavi : MR Damani: Will software stocks do well? kelly : wat is your take on the reliance share? do you think that the reliance's annoucement yesterday about the textile restructuring will have any impact? Ramesh Shrichand Damani : I was surprised by the announcement. They are becoming a new economy coming and over time it will not be important kelly : why do you think that mid-day stock got hammered so badly? Ramesh Shrichand Damani : Take a look at all Media stocks.They are getting hammered. market is a bit irrational sometimes vinu : Rameshbhai will there be any more arrests? Ramesh Shrichand Damani : Let the guilty be punished. But let us not do a witch-hunt aaaaaarggggh : how do u account for ketan parekh within 10 years of harshad mehta... has nothing been learnt Ramesh Shrichand Damani : It's very disappointing. hoshi : it must be depressing to see a stockbroker being treated like that? Ramesh Shrichand Damani : It is. We are throwing the baby with the bathwater shailendra : MR.DAMANI ,WILL IT BE BETTER TO INVEST IN STOCK MARKET FOR ONE YEAR OF PERIOD Ramesh Shrichand Damani : Maybe for 3-5 years. One may be too small ak : MR. DAMANI, ARE WE LOOKING AT SENSEX OF 2700 IN ABOUT A MONTHS TIME? Ramesh Shrichand Damani : I doubt it. Market should not fall so steeply. However we may have poor volumes and lack of interest. 2800 is the doomsday scenario sisodia : Dear Mr Damani , I have been hearing from market sources that this One Mr Ketan parekh is responsible for the century finance scandal too is that correct ? Ramesh Shrichand Damani : I do not believe that is accurate. Century had its internal problems mini : wat is your take on the essar group stocks doing so badly? Ramesh Shrichand Damani : the group has credibility problems. Access to capital markets too much sisodia : Ramesh You know hemendra kothari ? Ramesh Shrichand Damani : Not really. Know of him, though deepak : What is your opinion for Media shares in the coming years? Ramesh Shrichand Damani : They will have another bull run shashank : why all stock brokers cruel vultures? they make money by ruining investors' lives... Ramesh Shrichand Damani : There are a few bad apples. It's unfair to slam the entire community pankaj : why does the FM interfere when the stocks fall and not when they rise Ramesh Shrichand Damani : Good Question. He should be market neutral. raja1 : Ramesh How do u rate NIIT, DSQ Software in long run say for 6-12 months Ramesh Shrichand Damani : I like NIIT ak : WHAT IS THE DIFF BETWEEN SEBI AND SEC OF USA. PEOPLE SHUDDER TO HEAR ABOUT SEC BUT SEBI IS TAKEN FOR A RIDE. WHY? Ramesh Shrichand Damani : Similar functions. In India the regulatory env is not strict and fair as it is in the US. Law and public policy is more transparent. Also SEC was headed by a market player Arthur Levitt rakesh : mr.damani, hi, i have invested in Acc, Hdfc bank,Hdfc, Hfcl, how would u recommend about these shares, ibought hfcl@280/,hdfc bank (ipo),hdfc (ipo),acc@145/ Ramesh Shrichand Damani : I like HDFC Bank, I would hold ACC ashish : mr. damani y all this ups n downs are happening in india Ramesh Shrichand Damani : That is the way of the stock markets. boom or bust shashank : there should be no brokers.. e-broking sites should be promoted with proper safey measures in place. what say mr damani? Ramesh Shrichand Damani : It could happen. Internet will cut out a lot of intermediaries. MTNL could form an exchange to do broking. Possible in 3-5 years asim : i invested 35000 in tech funds which has now become 20000, should i buy more at current prices to even out my loss Ramesh Shrichand Damani : which fund it is. Generally Averaging is not a good idea mra : I am having DSQ Software bought at 420 /-. At what price should I sell them? Ramesh Shrichand Damani : It's going to underperform vijay : sir which is better analyses at this stage... fundamental/technical Ramesh Shrichand Damani : At this stage FUNDAMENTAL. in a trending market technical jhonnydepp : Sir, Goldstone is going into book closure from 11th April, and 18th April is their record date to give 1 share for each share held. Now I bought the stock in DEMAT today, will i get the 1 bonus share, despite the shares i bought coming into my account only on 13tH Pls clarify Ramesh Shrichand Damani : check with your broker but i think you bought these shares ex bonus if you bought them today hb : dear sir,what is your target price for citicorp sec.? Ramesh Shrichand Damani : I think it is a good investment. I own it. I hope it will outperform the market amitabh : whatever happened to crb?where is mr.bhansali? Ramesh Shrichand Damani : Forgotten and under a bureacrats desk amitsmathur : Mr. Damani do you know where DR. Rastogi is? Ramesh Shrichand Damani : He joined IDFC I think amitsmathur : Mr. Damani Mr. RC Mathur says hi to you Ramesh Shrichand Damani : Please give my regards to him How does he view the going ons at the BSE ketan : well comment on anand rathi's and shankar sharma's role in this scam Ramesh Shrichand Damani : let's wait for the report. But selling short is not illegal, ass : i have invested in pruicici tech and dsp tech funds.. 35000 which has become 20000,, should i buy more or exit at current levels Ramesh Shrichand Damani : I would not average ak : Well Mr Damani if he had access to info about Tehelka Will it be then called in insider information if First global traded after knowing tehelka expose Ramesh Shrichand Damani : As far as I understand it, inside info is company sensitive. Economy and country specific info is not insider trading gpd : Sir, why is Mukta/Balaji going down ? Ramesh Shrichand Damani : I think an owner's stock is being liquidated to pay other dues amitsmathur : Mr. Damani do you think Mr. Rathi would do something as naive as talking from the BSE line when he knew that the line was under surveillance Ramesh Shrichand Damani : Correct. If you want secret info you are not going to talk in a roomful of 10 people. Still the mistake was to talk. I doubt if the insider trading charge sticks mahesh : Mr. Damani don't u think that our market is very attractive at the moment if u see our GDP is growing at around 6% which is very high if compared to most of the developed countries and can go up even further if the correct reforms are taken. so this dip should be considered as an good opportunity to buy into Ramesh Shrichand Damani : Very mature observation. However I seriously doubt that second generation reforms take place in this country sandeep : What would be the expected high of INFOSYS in the next three months. I expect it to cross 8000. Ramesh Shrichand Damani : i doubt it. it would be nice though vishal : Mr.damani according to u what is the solution to check problems which are going on? Ramesh Shrichand Damani : Fair Regulation. Capital markets need some slack but punish the obvious violation swami : Compared to the lots of (sensible) questions asked, u answer very few, Why ? Ramesh Shrichand Damani : Slow system and one guy answering many asking. Still let me try praveen : Dear sir, I baught 100 shares of ZEE@300. Should I average at this time? Ramesh Shrichand Damani : I think not slburman : should I buy HFCL? Ramesh Shrichand Damani : Does not excite me qq : Mr amrit mathur and mr damani; if u have organized this chat to talk about personal acquaintances, then don't publicise it over rediff and waste time of so many netizens Ramesh Shrichand Damani : qq what is your question. Amit had some good Q. yogi : HI SIR I WANA KNOW ABOUT WIPRO SHARES Ramesh Shrichand Damani : Good company. Good prospects winn : Sir i asked u 10 Q u have not yet answered 1 of them, my Q is, Sir what level should 1 go for NIIT and infosys Ramesh Shrichand Damani : I would keep NIIT. harshad : MR RAMESH SHRICHAND DAMANIJI there seems to be some technical problem? Ramesh Shrichand Damani : System is very slow. Sorry for the problem. mahesh : sir, i love tourism sector and i think like in any other part of the world in india too it is going to be a big money spinner However i don't find any good stock where i can invest. ur views plz Ramesh Shrichand Damani : Look at Indian Hotel. System is too slow so I am going to log off. Thanks for joining in. Bye Join the Ramesh S Damani chat every Tuesday at 1600 IST. ALSO SEE:
|
|
|
HOME |
NEWS |
BUSINESS |
MONEY |
SPORTS |
MOVIES |
CHAT |
INFOTECH |
TRAVEL SINGLES | NEWSLINKS | BOOK SHOP | MUSIC SHOP | GIFT SHOP | HOTEL BOOKINGS AIR/RAIL | WEATHER | MILLENNIUM | BROADBAND | E-CARDS | EDUCATION HOMEPAGES | FREE EMAIL | CONTESTS | FEEDBACK |
||