Tuesday, July 1, 2008

Investments

Stock Market

Stocks are suffering from high inflation, fiscal deficit, high oil prices and FIIs’ consistent selling. Inflation has now crossed 11.4% and RBI has taken tough measures (rate hikes) to combat it, which again is not good for the market. Markets are expected to recover when inflation (or at least Crude Oil) cools off. Although valuations look cheap, further downside is possible given local and global risks.

 

Dollar

RBI has increased the key rates and expected to further hike them to fight inflation, which will make Rupee appreciate & dollar depreciate while FII outflow from stock market will have the reverse effect.

Real Estate - Jains Tufnell Park, Kakkanad

One of the biggest residential projects in Cochin, comprising of 1216 apartments. Tie-up with the State Bank of India (SBI) to offer a unique funding scheme where the customer pays  15% of the total flat cost and for the next 36 months or till handing over he does not pay anything. The Builders will pay the Pre EMI, EMI and interest for the first 3 years and the customer starts paying only after 3 years. In other words for loan period of 20 years, customer need to pay only for 17 years. Please contact SBI Home Loan Team at 9447788755 (Sreekumar Moosath), 9446511880, 9446578923

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

DISCLAIMER

The author is not a registered financial adviser, and you should not construe anything written here to be investment advise or recommendation. All information is for expressing views/ opinions & discussion only. No representation is being made that any investment made on the basis of data or information on this blog will result in profits. This blog is not associated with any organization or company in any manner. The author may or may not be investing in the products mentioned. Contents, gathered from various sources without any liability on the part of the author, may or may not represent author's view.