Thank you, Thank you, Thank you 15000 times over


15000 Thank yous

A Chinese philosopher, Lao Tzu (not Confucius) so rightly said, “A journey of a thousand miles begins with a single step”.

Somewhere in 2010, what started as just another idea, soon developed into a web portal. A portal where people could get real-time views of the people who matter and about the scripts they wanted to gather information about.

Just last week, we hit 15000 users! And as we write, the number has already crossed 15200. While we would like to thank each one of you personally, this, honestly, is a herculean task. This post is our effort to reach out to each one of you and say thank you. We are well and truly humbled by your support, without which, we would not have been able to reach this milestone.

From the team at StockArchitect, here’s to more information, ideas and investing in the years to come. Exciting times ahead as we are bringing in new features including a complete revamp of the website. Should you have any suggestions, please send them to us online. Rest assured, we are listening.

Please follow us on other channels to get the information and a dash of investing humour too.

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Thank you once again.

The StockArchitect Team


Reblog: Goods and Services Tax will transform Indian economy


The original article appears in the Khaleej Times and is available here.

Building a consensus and getting all political parties on the same page was the biggest hurdle.

A uniform Goods and Services Tax (GST ) will soon be a reality in India following the passage of constitutional amendment bill in its upper house of Parliament on Wednesday. The bill now allows the central government to frame law for a unified tax regime in the country for most products and services and do away with as many as 17 indirect taxes prevalent at the central, state and concurrent levels. As of now, taxes are fragmented along states and push costs up by 20 to 30 percent.

Building a consensus and getting all political parties on the same page was the biggest hurdle. Now, it is just a matter of time, more discussions and debates, and ratification by the state assemblies before India will be able to introduce a uniform tax and join a league of more than 160 nations that enjoy a single tax regime.

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Sensex, Nifty consolidate; midcaps at record high, Tata Steel up


Markets consolidated with midcaps at record high. The Bank Nifty closed at its highest level in the last 17-months high. The Sensex was down 46.44 points or 0.2 percent at 28077 and the Nifty was down 6.35 points at 8666.90. About 1480 shares have advanced, 1237 shares declined, and 182 shares are unchanged.

In stock specific action SBI remained on buyers’ radar gained 4 percent as investors gave a thumbs up to its merger ratio. All SBI associates including State Bank of Mysore, State Bank of Travancore and State Bank of Bikaner and Jaipur jumped.

BHEL, Tata Steel, HUL and Cipla were other top gainers while Coal India, TCS, Lupin, Sun Pharma and M&M were losers in the Sensex.

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Reblog: 3 Habits for Successful Investing


This is a post written by Mastermind, SanaSecurities. The original post appears here.

Let me assure you – No matter how positive (or negative) you are about something, there will always be much which will not be in your control.

There are things you cannot change and things that are totally in your control. The hard task is to understand the difference between the two.

When I started writing this post, the idea was to list in order of importance, habits which set apart successful investors from those who achieve substandard returns. Naturally, such a list would require me to first state who would qualify as a ‘successful investor’ and what’s ‘substandard’.

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Sensex up 293 pts, Nifty ends at 8672; SBI gains 7%, Sun Pharma up


Banks led the major support with the PSU Bank index surging 6.5 percent. State Bank of India and Bank of India rallied 8-9 percent due to stable asset quality in Q1.

Shares of public sector undertaking (PSU) banks have rallied by up to 11% in intra-day trade after the State Bank of India (SBI) and Bank of India (BOI) reported June quarter results in line with the analyst forecast.
and BOI rallied more than 8% each, while Indian Bank, Punjab National Bank, Union Bank of India, Dena Bank, Canara Bank, Oriental Bank of Commerce, Vijaya Bank, Allahabad Bank, Bank of Baroda and Syndicate Bank were up between 3%-6% on the National Stock Exchange (NSE).

The market has ended on a strong note with support from index heavyweights. The Sensex ended up 292.80 points or 1 percent at 28152.40, and the Nifty was up 80 points or 0.9 percent at 8672.15. About 1246 shares have advanced, 1413 shares declined, and 181 shares are unchanged.

SBI was up 7 percent, Axis Bank, Tata Motors, M&M and HDFC were top gainers while Cipla, Infosys, Sun Pharma, Asian Paints and Lupin were losers.

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Reblog: The dumbest math mistake investors make in the stock market


The original article has been authored by Sam Ro, managing editor at Yahoo Finance and appears here in Yahoo Finance.

Yahoo Finance article

The most popular way to measure value in the stock market is to take the price of the stock or a pool of stocks, and then divide that by earnings. This is the price/earnings (PE) ratio. When the PE ratio is above some longer-term average, the stock is considered expensive. When it’s below average, it’s considered cheap. Importantly, PEs have been shown to revert to those averages.

But this is not to say that expensive stocks are doomed to see prices fall as PEs shrink. Conversely, a stock price doesn’t necessarily have to go up to become more expensive. To believe otherwise is an unfortunate mistake. And it’s arguably the dumbest math mistake investors make in the stock market.

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Reblog: 10-year history shows August is for the bears; can Nifty50 kiss 9K this time?


The original post appeared on the website of Economic Times and can be found here.

The Nifty50 rallied over 4 per cent in July and the trend may continue in August too. Technical charts and options data show a bullish picture as off now, which means if the market managed to sustain the momentum, Nifty may very well touch the 9,000 mark in August.

But here is the spoiler. Data for the past 10 years shows August has not been great for the bulls. On an average, the Nifty50 has given a negative return of nearly 1 percent in last 10 years. The index saw deep cuts of  over 5 percent in August in three out of last 10 years.
In 2011, the Nifty50 saw a vicious cut of 8.8 percent in August, followed by a deep cut of 6.6 per cent in 2015. In 2015, the Nifty50 plunged 5.8 per cent.

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Reblog – The Week Ahead (Week beginning August 8, 2016)


The original blog post is written by Hemant Parikh and can be found here.

RBI’s policy outcome, corporate earnings and macroeconomic data to dictate trend.

Next batch of Q1 June 2016 corporate results, progress of monsoon rains, macroeconomic data, trends in global markets, investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs), the movement of rupee against the dollar and crude oil price movement will dictate market trend in the near term.

The major domestic event in the upcoming week is the Reserve Bank of India’s (RBI) third bi-monthly monetary policy meeting scheduled on Tuesday, 9 August 2016. The central bank had left its benchmark repo rate unchanged at 6.5% at its last meeting.

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With GST soon to become a reality, Nifty ends at 8683 and Sensex at 28078.35


The market has ended on a strong note with the Nifty above 8650. The 50-share index is up 132.05 points or 1.5 percent at 8683.15. The Sensex is up 363.98 points or 1.3 percent at 28078.35.

About 1820 shares have advanced, 915 shares declined, and 171 shares are unchanged. Hero MotoCorp, Bajaj Auto, M&M, Axis Bank and Tata Motors are top gainers while Bharti, Sun Pharma, Infosys, TCS and Wipro are losers in the Sensex.

The domestic stock market rose in line with other Asian markets, which were trading higher after the Bank of England (BoE) lowered policy rate to 0.25 per cent from 0.5 per cent earlier for the first time in seven years and announced big stimulus package to support growth.

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Reblog: All About GST: Prospect, Impact and Implications


The original post is written by Rajat Sharma from our Mastermind, Sanasecurities and can be found here.

Goods and Service Tax (“GST”) is a comprehensive tax on manufacture, sale and consumption of goods and services, that will absorb most of the indirect taxes levied by Central and State Government. Currently the GST is adopted in over 150 countries. If passed, GST Bill would be THE biggest tax reform by the Indian government since inception of the Indian constitution.

How Will GST Work?

  • In India, GST would work on dual model which will include – C-GST collected by Central Government + S-GST collected by State Government on intra-state sales. GST reform would also feature an Integrated GST (IGST) collected by Central government on inter-state sales, which is to-be divided between Central and States Government in a manner decided by the Parliament on recommendations by GST Council.
  • By doing away with several Central and State Taxes, GST would diminish the cascading effect of tax (or double taxation, whereby the same product is taxed at the stage of manufacturing as excise, then as VAT/ sales tax on sale and so on.),  which is prevalent in the current tax framework. Being a consumption-destination-based tax, GST would be levied and collected at each stage of sale or purchase of goods or services based on the existing input tax credit method. Current tax structure works on production-origin-based system i.e. goods and services are taxed differently on each stage of production.

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