How is 2013 Budget going to be and Expectations? Which Stocks Can Buy or Sell

Everyone awaiting for the Budget 2013 Highlights which is been scheduled to submit on 28th February by the Finance Minister Mr P Chidambaram.

Many of the Stock Market Analysts are saying there might be a huge volatility during the coming week (from Feb 25th to 28th 2013) suggesting on high caution to invest in the stock markets.

If the investor is planned for long term then go ahead and invest on SIPs (not mutual funds) good stocks like DLF, SunPharma, Exide Industries etc.
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Stocks To Buy For 6 Months Term - Supreme Industries Ltd, Rama Phosphates Ltd

Stock Market Analyst Mr Kutmbarao recommended to buy these stocks for next 6months target. These are small cap stocks which could be a multibagger stocks in next couple of months -

Supreme Industries 320 --> 500 (6months)
Rama Phosphates 65 --> 100 (6months)

Stocks suggested to buy on dips -->

DLF, Biocon, Sunpharma, HPCL, BPCL, Exide Industries

Disclaimer:  GoldSilverTrends Blog is not responsible for any kind of issues related to these stocks, please consult your Market Analyst before you invest in these stocks. This blog wouldn't take any responsibility.

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2013 Budget Highlights? Stock Markets waiting for the Budget Results

Stock Markets are awaiting for the Budget 2013-14 which is submitting in the Parliament on 28th February 2013 as like every year. Last year it was submitted by Pranab Mukherjee and this year P.Chidambaram as Finance Minister.

Salaries employees are very eager to know this year budget results as they are expecting some good changes in the Section 80C, Standard Deduction areas. This was expected in the last year budget as well, however there was nothing as expected.

Lets see how the 2013 Budget is going to be.

Tags: 2013 Budget News, Salaried Employees Section 80C Updates, Income Tax Benefits, 2013 Budget IT Benefits to the employees, Stock Market volatility
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Don't take your laptop with sensitive info to China: Experts

WASHINGTON: Going on a business trip to China? Take your passport and visiting cards but not your laptop loaded with sensitive corporate information as the sophisticated Chinese electronic surveillance systems may access them in a giffy, experts say.

China's booming market beckons to American businesses as the Communist giant is the United States' second-largest trading partner. However, many are increasingly concerned about working in China amid electronic surveillance that is sophisticated and pervasive, the Washington Post reported.

China's brazen use of cyber-espionage stands out because the focus is often corporate, part of a broader government strategy to help develop the country's economy, the report quoted experts who advise American businesses and government agencies as saying.

"I've been told that if you use an iPhone or BlackBerry, everything on it -- contacts, calendar, e-mails -- can be downloaded in a second," said Kenneth Lieberthal, a former senior White House official for Asia who is at the Brookings Institution.

But Chinese officials say cyber-spying is a problem in much of the world. "It's advisable for all international travelers to take due precautions with their computers and cellphones," Chinese embassy spokesman Wang Baodong said.

"China is not less insecure than other countries," Wang said.

Travelers to China often tote disposable cellphones and loaner laptops stripped of sensitive data. Some US officials take no electronic gear. Other travelers hide files on thumb drives, which they carry at all times and use only on off-line computers, the report said.

"It's real easy for them [the Chinese] to read everything that goes in and out of the country because the government owns all the networks," said Jody Westby, chief executive of Global Cyber Risk, a consulting firm.

"The real problem here is economic espionage," she said.

Ahead of the 2008 Beijing Olympics, Joel Brenner, then the US national counterintelligence executive, first issued government safety guidance to overseas travelers.

Though no country was named, "it was really directed at countries like China and Russia," Brenner said recently.

He based his 2008 warning on cases in which Chinese malware was remotely inserted into cellphones; the malware then infected computer servers in the US. He said the networks in every major hotel are monitored by security agencies.

"What's at stake is not only the security of your current communications, but the security of your secrets back home," said Brenner, who advises clients on data security at the law firm Cooley LLP. "That's the real danger."

Intrusions into computer networks also have been reported at the US State, Commerce and Defence departments; they allegedly originated in China, the report noted.
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Wall Street gains over 2 per cent on hope for euro-zone fix

US stocks extended a recent rally and rose more than 2 per cent on Tuesday on euro- zone officials' efforts to solidify the region's rescue fund in an attempt to alleviate the debt crisis.

Major indexes rose for a third straight session, with the S&P 500 up more than 5 per cent over the period, its largest three-day per centage gain since mid-August.

European officials considered various approaches to maximize the bailout fund and to recapitalize banks.

Market volatility could remain as traders react to headlines and attempt to gauge the commitment of governments and institutions as they work to prevent a Greek default. Over recent weeks, equities have been highly sensitive to Europe's debt issues and the efforts to limit the fallout. Last week, the Dow had its biggest weekly per centage loss since October 2008, when Wall Street was roiled by the financial crisis.

"The market had been pricing in the possibility of a recession, so the news that we could possibly get some kind of resolution in Europe is very positive," said Jerry Harris, president of asset management at Sterne Agee in Birmingham, Alabama.

"We had a washout in stocks, some really extreme moves, so any news on the positive side really helps us," added Harris, who helps oversee $500 million in assets.

The Dow Jones industrial average climbed 290.93 points, or 2.63 per cent, to 11,334.79. The Standard & Poor's 500 Index rose 28.64 points, or 2.46 per cent, to 1,191.59. The Nasdaq Composite Index shot up 63.71 points, or 2.53 per cent, to 2,580.40.

Stocks also got a boost as investors rebalanced their portfolios in the last days of the quarter. The wide gap in performance between equities and bonds, favoring government debt so far this quarter, may partly reverse.

"All these end-of-quarter issues are amplifying the moves that we've been seeing in stocks," said Paul Simon, chief investment officer at Tactical Allocation Group in Birmingham, Michigan. "I don't have a lot of faith in the moves we've been seeing."

The S&P materials index was up 3.3 per cent and an S&P index of energy stocks added 3.2 per cent as commodity prices rallied on hopes that Europe would avoid a recession. Mining and energy shares were the top performers among large-cap stocks.

Copper prices jumped 4.4 per cent, helped by a 1 per cent drop in the dollar index, while U.S. crude futures jumped 4.4 per cent. Dow component Exxon Mobil Corp rose 2.9 per cent to $73.81.

U.S.-listed shares of Research in Motion surged on market speculation that activist investor Carl Icahn had taken a stake in the struggling BlackBerry maker. The stock was one of the top gainers in the Nasdaq 100, climbing 7.6 per cent to $23.32.

On the downside, Walgreen Co fell 5.4 per cent to $34.10 after it signaled that it wouldn't budge in its battle with Express Scripts Inc over what the pharmacy benefits manager will pay for prescriptions. Express Scripts' stock rose 1.3 per cent to $39.84.

In the latest economic data, U.S. consumer confidence was little changed in September, the Conference Board said, while its gauge of labor market conditions deteriorated to its worst since 1983.
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In advanced talks with Nippon to sell stake in RelCap: Anil Ambani

Reliance Capital Chairman Anil Ambani on Tuesday said the company is looking at unlocking value by divesting across its businesses and is in "advanced stage" of talks to sell a stake in its asset management and mutual funds business to Nippon Life of Japan.

Speaking to the shareholders at the company's AGM here, Ambani also informed that Reliance Capital will explore all possible opportunities to enter the banking sector and announced that the banking entity of the group could be called Reliance Bank.

The comments came in the backdrop of the company sitting on a huge debt of Rs 18,483 crore as of June quarter. In the quarter to June, its assets stood at Rs 25,511 crore with a net profit of just Rs 138.7 crore against Rs 229 crore in the year-ago period and had net sales of Rs 703.6 crore against Rs 1,809 crore year-on-year.

The Reserve Bank had come out with the draft guidelines for new bank licences last month in which it had said that the companies having a significant exposure to broking and real estate businesses would not be entertained. Reliance Capital has a broking arm.

When asked by a shareholder about the banking foray, Ambani said, "at an appropriate time when the RBI decides the actual process, we will pursue a banking licence."

Citing its recent divestment of 26 percent in Reliance Life Insurance to Japan's Nippon Life, Ambani said, "this is an outstanding showcase of value creation and I am confident that we'll replicate that in each of our businesses as we move forward."

He said the company has recovered Rs 3,000 crore capital it had invested in the life insurance business by selling 26 percent to the Japanese company.
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Europe threatens to break off India free-trade talks

BRUSSELS: European governments are threatening to break off negotiations with India on a free-trade deal the EU had hoped would be worth 175 billion euros a year, an EU report revealed on Tuesday.

Four years after talks began with New Delhi, frustrated European Union trade ministers have taken the decision to signal a fixed deadline for the deal of February 2012, at an already delayed bilateral summit.

Otherwise, they say, the offer would come off the table.

"A message will be passed to India that if by the time of the summit there is no agreement, there would need to be a pause in the negotiations," ministers agreed according to an official report on the talks seen by AFP.

An EU official confirmed the drastic threat, and said that of the 27 EU states, only Denmark spoke out against the high-risk strategy during the talks on Monday.

EU Trade Commissioner Karel De Gucht debriefed the ministers on a plan for fall-back positions which could see the EU accept less than it wanted in certain core areas.

Painstaking negotiations have been dragged down by big disagreements over "cars, wines, spirits and services," according to an official who attended the talks.

Given the mounting scale of the problems, the ministers backed the commission negotiators' so-called "landing zones" idea, but insisted that such "concessions will prejudice the EU in the long term," the official report read.

De Gucht hinted at a press conference on Monday that "at a certain point, it requires pragmatism" to reach an agreement.

His spokesman, John Clancy, said De Gucht only took the ministers' "general positions" on this fallback planning.

In an effort to jump-start the flagging negotiations, European Commission chief Jose Manuel Barroso will meet Indian Prime Minister Manmohan Singh on the sidelines of the G20 summit in Cannes, France, in November, and will also travel to Asia before the end of 2011.

Thirteen rounds of talks have been held since India and the EU started discussing a comprehensive market-opening pact in June 2007 to boost bilateral commerce.

The two sides originally hoped to conclude a wide-ranging deal by 2010 that could boost boost bilateral trade to $237 billion (175 billion euros) annually by 2015 from around $92 billion currently.

But India and the EU have already been at odds over intellectual property rights involving life-saving generic HIV/AIDS drugs and other medicines which are produced by Indian companies.

UNAIDS, the Joint United Nations Programme on HIV and AIDS, has expressed fears that EU proposals for the agreement could make generic HIV drugs unaffordable -- something that New Delhi has pledged to resist.
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