Well.. I am still studying, but that is no reason to put off my career as an enterpreneur , and wait for the "right" time.
I have decided that I will, aleast virtually, begin to understand the fundamentals of economics better through this app. I hope that my real world venture gains immensely from this virtual pastime
All eyes are on Zandu as the company gears up for its AGM on this Saturday.
With Emami showing keen interest in partnering the Zandu management and the latter brushing the offer aside, the 100 year old Ayurvedic Company may witness a hostile take over.
Its going be a no-holds-barred battle with Emami making an all out effort and Parikhs at Zandu trying their level best to block it.
We would like to announce the 2nd winner of the investment challenge. The winner is Shakil. Congratulations! Shakil's portfolio return over the last 3 months was 98%. To check out Shakil's portfolio performance, please click on Winner
As a reminder, the terms of the contest were:
1. User needs to be registered on Sahi Hai.Those who are already registered will be automatically enrolled.
2. He must have a virtual portfolio of at least 15 stocks on Sahi Hai
3. The period under consideration will be 3 months starting Nov 30th
4. Each participant must have a minimum of 6 virtual trades (buy would be one trade, sell would be considered one trade) on Sahi Hai
We will continue to publish the portfolio and performance of the top performers on www.sahihai.com
The contest shall continue and we will announce new winners as on April 1st. The Sahi Hai community will continue to be able to check out the portfolio of the top performers : which should be additional input into your real world portfolio.
We would encourage you to do virtual trades and express your opinions on stocks / economy on Forum
We have added a new rule to our trading engine that prevents buying and selling the same stock within 30 minutes. You can, however, buy the stock at the current price and sell from a previously purchased lot.
Eg. You buy 100 shares of XYZ for today at 11am, and you pay Rs 100 per share. You cannot sell those shares till 11:30am. But if you had also pruchased the same XYZ company shares yesterday, you can still sell from that lot before 11:30am.
Our quotes are delayed by 20 minutes. We have noticed that some people may have access to real time quotes and they have been taking advantage of that information. If the quotes on the Sahihai site have not yet updated, but a stock has moved up, they would buy. After that they would wait for the quotes to refresh on Sahihai trading engine and sell immediately.
The 30 minute rule will remove the unfair advantage. If you have any other suggestions, please do comment.
We would like to announce the winner of the investment challenge. The winner isZaphod. Congratulations! Zaphod's portfolio return over the last 3 months was 19%. To check out Zaphod's portfolio performance, please click on Winner
As a reminder, the terms of the contest were:
1. User needs to be registered on Sahi Hai.Those who are already registered will be automatically enrolled.
2. He must have a virtual portfolio of at least 15 stocks on Sahi Hai
3. The period under consideration will be 3 months starting Oct 31st
4. Each participant must have a minimum of 6 virtual trades (buy would be one trade, sell would be considered one trade) on Sahi Hai
We will continue to publish the portfolio and performance of the top performers on www.sahihai.com
The contest shall continue and we will announce new winners as on March 1st. The Sahi Hai community will continue to be able to check out the portfolio of the top performers : which should be additional input into your real world portfolio.
We would encourage you to do virtual trades and express your opinions on stocks / economy on Forum
Future bodes well for select sectors in India. This is our conclusion after studying macro economic trends. World perception of India is also changing. Recent TV series "India Ignored to India Idolized" on BBC by famed documentarian Michael Wood is a classic example how the perception is changing.