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Thread: ICCI Bank is perking and doing better than SBI

  1. #1

    Lightbulb ICCI Bank is perking and doing better than SBI

    May 27, 2009 - Online Stock Tracking; http://finance.indiamart.com/markets/nse/

    On that web link, by comparison between ICCI Bank: 707.20(+6.19%) & SBI: 1792.72(+6.11%) ; we can trade many lots for ICCI Bank/SBI to the ratio of 2.5:1.0

    Meaning that ICICI Bank is perking, proof? +6.19% means 43.781NR. and multiply by the ratio of 2.5 it is equivalent to 109.45

    Whereas, SBI (+6.11%) means 109.54; just 0.10INR differences.

    Seemingly, future value for future long term investment ICCI Bank would be much better than SBI after SBI announced during recent IPE2009 seeking for $30billion government loan. While ICCI Bank is expanding its gropus financial instruments and products.

    For long term stock investment, I prefer ICICI and TATA COMM.; what's your idea in these two (2) future stock trading?


    footnote:
    Especially for dear K, this piece of information really reflected our discussion at this thread; http://www.digitalbhoomi.in/forums/s...ad.php?t=10924
    Last edited by michaeldadona; 28-05-09 at 02:16 AM.
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  2. #2
    Sruiti
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    Default Bank Openongs,Bank Exam, Bank Jobs

    1. Punjab National Bank Management Trainee: 30August
    2. Union Bank of India JMGS-I: 6 September
    3. Union Bank Specialist Officer: September 6
    4. Bank of Baroda Rajbhasha (Hindi) Officer: 12 Sept
    5. SBI Management Executive: 13 September
    6. Punjab National Bank Clerk: September20
    7. RBI-Officers in Grade B: 11 October

  3. #3

    Default

    SBI is the most reliable stock to depend upon and nice share to invest for long term basis


  4. #4

    Post SBI $3billion loan request made to the government of India

    Quote Originally Posted by alenstar31 View Post
    SBI is the most reliable stock to depend upon and nice share to invest for long term basis
    But its $3billion loan request made to the government of India really slowed down its stock performance.
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  5. #5
    Enthusiast lrkasbekar's Avatar
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    Quote Originally Posted by michaeldadona View Post
    But its $3billion loan request made to the government of India really slowed down its stock performance.
    Rising stock price does not mean the business is reliable or stable. Most of the price rise happens due to fixing by the punters. SBI is a much better stock than ICICI.

  6. #6
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    Quote Originally Posted by lrkasbekar View Post
    Rising stock price does not mean the business is reliable or stable. Most of the price rise happens due to fixing by the punters. SBI is a much better stock than ICICI.
    what is the meaning of Punters?

  7. #7
    Enthusiast lrkasbekar's Avatar
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    Quote Originally Posted by Unregistered View Post
    what is the meaning of Punters?
    It is a slang used for the brokers who give you tips on which stock to buy/sell. They normally work hand-in-glove with the company promoters who want to collect money from the public .

  8. #8

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    Quote Originally Posted by michaeldadona View Post
    But its $3billion loan request made to the government of India really slowed down its stock performance.
    My friend is pikcing up SBI for intraday trading and gaining continuously around 10,000 per day since 5 day's as it is on high zoom now

  9. #9
    New Member djbrown's Avatar
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    Default hi

    I think Rising stock price does not mean the business is reliable or stable

  10. #10

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    Whoever involved in stock market, the key player that we have to follow is a stock's "FUNDER". Wherever country I've invested, I must investigate who is the FUNDER to one stock's name. You all got to push hard your remisier for letting you know more about them and when the FUNDER is going to 'ambush' their short selling and long term selling activity. Moiety sharing on the 'nett profit' for each lot transacted will open up your remisier's mouth. That's all if you want your investment really fruitful.
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