Stock Market Investment Strategies - SC favours Mukesh, dumps Anil

The SC today gave the verdict in favour of Mukesh. SC ruled that government has full authority over the pricing of gas and no MOU between the brothers can change that. It requested Anil to renegotiate the deal with Mukesh. This is a big win for Mukesh since there wont be much of negotiation between them further.

The fortunes of the two Ambanis have moved in different directions in the years. Mukesh has grown stronger and stronger every year. However, Anil has had many setback in the last few years. RNRL shares went down drastically after the verdict. it went down by 22%. With the gas sharing agreement going aganist Anil it has effected reliance power, reliance infrastructure and reliance natural resources limited shares. Already his reliance communication is facing stiff competition by other players and gone down drastically. Have to see how Anil comes out of all this. The only company that's doing well is his Reliance capital.

Mukesh RIL has done very well in the past few years since the split between the two brothers. The difference in their wealth has increased greatly. The difference since 2008 has widened to $15.3 billion, from $9.4 billion in 2004.

Stock Market Investment Strategies - 3G mobile spectrum bids crosses 6634 crores

Bids for a 3G mobile spectrum licences rose 90% from the base price to Rs 6,634.31 crore after 10 days and fifty-eight rounds of bidding. Auction is on for three slots of 3G airwaves in 17 telecom service areas. The auctions for broadband wireless spectrum are scheduled to begin two days after completion of the 3G sale process.

Delhi, Mumbai and regions of Karnataka, Maharashtra, Gujarat, Andhra Pradesh, Tamil Nadu continued to witness maximum demand. However, almost 50% of the country, the demand for 3G airwaves has been negative.

Overall the auction of 3G and Broadband spectrum put together is likely to fetch somewhere around Rs 44,000-45 ,000 crore.

Bharti Airtel, Vodafone Essar, Reliance Communications, Idea Cellular, Tata Teleservices and Aircel are participating and competing against each other in this process. The auction is likely to continue till the end of next week.

BSE advances by 10 minutes, so what to expect from NSE?

Trading at the Bombay Stock Exchange will now start 10 minutes earlier than usual - at 9.45 a.m. instead of 9.55 a.m.

SEBI in October had given permission for the stock markets to operate between 9 to 5. The brokers and the bankers were not too happy with this decision. So BSE has decided to advance its operating hours in a phased manner. You can expect the NSE to follow suit very soon.

The other thinking was that since FIIs are a big part of for the Indian market. Singapore and Hong Kong go for lunch at 10 am Indian time. If we start the markets at 9:45 am we give the guys in Hong Kong and Singapore to do some trading before they go in for lunch.

Last month, BSE changed the expiry date of monthly index F&O contracts to the third Thursday instead of the last Thursday of each contract month. BSE has also introduced weekly options to bring some interest into the derivative market.