can some one tell me how future contract is used if i am a to received US dollar.
say i did future contract 10 in number and size is 472000.
rate as on future contract done is 47.21
rate as on 1st september is 46.88
while currency future rate is 46.86
i am to receive 100000 US $ as on 1st september.
please reply soon.
Thanks in advance
DEAR SIR/MADAM
(1) WHAT TYPE OF INCOME SOURCE WE CAN GET THROUGH STOCK EXCHANGE ALONG WITH EMPLOYMENT OR TH. DIRECT INVESTMENT
(2) IS THERE ANY KIND OF EXAM CONDUCTED STOCK EXCHANGE
KINDLY REPLY IN FULL DETAIL SO IT CAN HELPFUL FOR ME
THANKS & REGARDS
AMIT SHARMA
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FOR EXAMPLE IF SENSEX NOW 20000 AND AFTER 2 MONTH IT WILL GO 22000 MEANS 10% GAIN, SO IN WHICH PROPORTION SHOULD I INVEST IN 30 SHARES SO I WILL ALSO GET 10 % GAIN AFTER 2 MONTHS
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Recently I have received Notice from both these Companies that they are going to ask consent of the Members for the DELISTING of shares of these Companies from the Exchanges . Nirma may put an offer for Buy-Back of Shares from Public at Rs. 235/ per share . Not clear about Binani Cement .
What should this step be perceived as ? In case these Companies get the necessary approvals from the Shareholders & go ahead with the De-listing , what should I be doing as a ShareHolder ? Should I sell these shares in the Secondary Market (Or sell in the Buyback offer in case of Nirma) ?
Currently , Nirma is quoting at Rs. 231 (My purchase - Rs.156) & Binani at 91 (My Purchase - Rs. 59)
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