Natural stones for wall cladding

Wall cladding stones

Dear all Greetings

Wall cladding stones for exteriors and interiors are architects first preference. Which will give walls classic and rustic look.

Natural stones for claddings:

There are 6 major types of stones.

1. Marble

2. Granite

3. Sandstones

4. Slate stones

5. Quartz

6. Onyx

speculating in stock market

speculatin in stock market is much woreser than anyother gamble in the world.

one who are not financialy strong enough to take entire money which he want dump in stock market should not entre.

The person who is not mentally fit or emotional imbalance should not entre in stock market speculation.

SEC Considers Revising Shorting Ban in Options Market

SEC Considers Revising Shorting Ban in Options Market (Update2)
By Edgar Ortega and Michael Tsang
Sept. 19 (Bloomberg) -- The U.S. Securities and Exchange Commission may revise its ban on short sales to add financial companies and carve out an exemption for brokerages that pair off brokers in the $1.6 trillion U.S. options market.
The commission may add companies after firms such as M&T Bank Corp. were left off a list of 799 insurers, banks and securities institutions barred from short sales. The staff also will recommend that options market-makers be exempt from the ban, easing concern the rule would raise investor costs, the agency said in a statement today.
``If they don't fix it, there just won't be an options market on Monday,'' Steve Claussen, chief investment strategist at OptionsHouse LLC, the Chicago-based online brokerage unit of options trading firm PEAK6 Investments LP. ``If they have an exemption for market-makers that they're allowed to sell stock short, then they can provide a market in the options.''
The SEC is prohibiting investors from betting against banks and brokerages to stem a sell-off that erased as much as $3.8 trillion from stocks globally after the collapse of Lehman Brothers Holdings Inc. and American International Group Inc. U.K regulators and attorneys general in New York, Texas and Connecticut, and the three largest U.S. pension funds are cracking down on short sellers.
Short sellers try to profit by betting stock prices will fall. In a short sale, traders borrow shares from their broker that they then sell. If the price drops, they buy back the stock, return it to their broker and pocket the difference.
`Disastrous'
Options market makers would have been prohibited from making short sales starting next week under the ban adopted today to keep speculators from driving down stock prices. The Options Clearing Corp., which guarantees all trades exchange- listed options, said a ban would have proved ``disastrous.''
The list of companies for which short-selling is banned included Morgan Stanley, Wachovia Corp., Washington Mutual Inc., Goldman Sachs Group Inc. and Warren Buffett's Berkshire Hathaway Inc. Banks including Capital One Financial Corp. and Commerce Bancshares Inc. also were omitted. General Electric Co., which got about half its profit from financial units last year, was left off the list.
``The commission is willing to consider adding comparable financial companies as appropriate,'' SEC spokesman John Heine said in a statement today.
Interactive Brokers
Under rule announced today, market-makers such as Interactive Brokers Group Inc. and Susquehanna International Group LLP would be unable to short a stock to hedge their risks when clients buy or sell options on financial shares. Options give investors the right to buy or sell stocks at fixed prices in the future.
Market-makers, accounting for about 40 percent of trades, are obliged to quote prices at which they'll buy and sell securities so investors are able to complete trades.
The SEC staff will recommend an exemption for the duration of the ban, scheduled to expire Oct. 2, the agency said in the statement. Stocks surged in the biggest two-day global rally in 38 years as the crackdown took effect for speculators who drove down shares of financial companies.
Roughly 23 million contracts were traded on the seven U.S. option exchanges today, down from a record 30 million yesterday, according to OCC statistics.
``Either you had to change the rules or you had to halt options trading,'' said Henry Schwartz, president of Trade Alert LLC, a New York-based provider of options market analytics. ``This is the better choice. You couldn't have left it as it is because options market makers were refusing to quote without the ability to hedge.''
Option Prices
Prices for options today show that market-makers were already seeking to compensate for the added risk by widening the difference between their bids and offers, according to Peter Bottini, an executive vice president of Chicago-based online brokerage OptionsXpress Holdings Inc. The wider spreads make it more costly for investors to buy or sell options.
``For our retail customers, the costs of adjusting their portfolio has gone through the roof, because the bid-ask spreads have gone through the roof,'' said Bottoni, a former market maker at the Chicago Board Options Exchange.
The SEC's order comes in the midst of the biggest drop in financial-industry shares since at least 1962, according to data compiled by Birinyi Associates Inc., a Westport, Connecticut- based research and money-management firm. Goldman Sachs Group Inc. and Morgan Stanley, the remaining independent securities firms on Wall Street, plunged by the most ever this week, prompting Morgan Stanley Chief Executive Officer John Mack to say short sellers are using abusive tactics to attack companies

Lehman Brothers Wins U.S. Court Appoval for Sale to Barclays

Lehman Brothers Wins U.S. Court Approval for Sale to Barclays
By Christopher Scinta and Erik Larson
Sept. 20 (Bloomberg) -- Lehman Brothers Holdings Inc., the U.S. investment bank that filed the largest bankruptcy in history, won federal court approval to sell its North American business to London-based Barclays Plc.
U.S. Bankruptcy Judge James Peck in Manhattan overruled objections from Lehman creditors who said the sale was moving too quickly, setting the stage for Barclays, the U.K.'s third- biggest bank, to close the deal over the weekend.
Barclays President Robert Diamond called it the deal of a ``lifetime'' when the bank acquired Lehman's North American investment banking arm on Sept. 17, two days after Lehman collapsed. Barclays may add other parts of the failed securities firm to help it boost equity and advisory units in Europe and Asia, Diamond told analysts at the time.
Lehman is selling off pieces that weren't included in the New York-based holding company's bankruptcy filing. The Securities Investor Protection Corp. began a liquidation proceeding for the brokerage with a filing in U.S. District Court in Manhattan. The SIPC is an insurance fund created under federal law and financed by brokerages.

cals

BUY

R COM 407 stoploss of 400
target 424 and 438

Today calls for nse and bse

Hi
Buy Hotel leela 34.5 (with a stop loss of 2 rupees) your stoploss will be 32.5
Target 39 if u hold this stok it will kiss 42 in short term
Return 10 to 18%

Buy HCC stop loss 96.9
Once it cross 101 and buy buy buy target will be 109, 114, the last target 125 in short term

Buy Rel infrastructure yesterday's close 1024 if its open 1074 or 1080 buy target 1130, 1148

SCHOOL OF THOUGHT
Trading is an Art:
· Trading is an art. Techniques can be taught. Principles can be learned. Methodologies can be applied. But in the end it is an art. There are many different schools of art: Cubism, Expressionism, Impressionism, Modernism, Minimalism, Realism, Ancient, Classical, Neo-Classical, Baroque, and the list goes on. An aspiring artist finds himself attracted to a certain school. He learns techniques; familiarizes himself with mediums, learns color principles, studies perspectives and so on. Over time the young artist becomes more and more proficient in his chosen school. But at a certain point, if he truly has a passion for art, he moves beyond what he has learned from his teachers and he begins creating something new, something unique. At that point, instead of looking outward for guidance, he begins looking inward. He becomes an artist in the true sense of the term.


· There are different schools of traders: Day traders , Swing Traders, Arbitrageurs, Growth stock Traders, Long Term Traders, CAN SLIM Traders, Pure Fundamentalists, Pure Technicians, Intuitive Traders, Discretionary Traders, Mechanical Traders, Futures Traders, Options Traders, ETF Traders, Mutual Fund Traders, and the list goes on. Each trader studies and practices with the principles he has learned from his mentors. But as years pass that trader moves from what is "/obvious and well-known/" into "/what is arcane and concealed/". He becomes a trader, an artist in the true sense of the term.

Happy trading
Samsath ali.s
samsathali@gmail.com

nuck deal for india

India Inc hails waiver, sees $40 bn biz
India's apex industry bodies, which have hailed the decision, also feel that the country can now attract over $40 billion in foreign investment over the next 10-15 years as the result of the private sector’s entry into India's nuclear power generationNew Delhi: As many as 400 Indian and foreign firms are seen as beneficiaries of the far reaching verdict in Vienna Saturday where the 45-member Nuclear Suppliers Group (NSG) decided to resume civilian nuclear commerce with India.India's apex industry bodies, which have hailed the decision, also feel that the country can now attract over $40 billion in foreign investment over the next 10-15 years as the result of the private sector’s entry into India's nuclear power generation."The go-ahead to the nuclear deal will signal the building of scores of nuclear plants in India on assured fuel supply," said Amit Mitra, the secretary general of the Federation of Indian Chambers of Commerce and Industry (Ficci)."This will trigger the participation of 200 firms with capabilities to operate, and maintain nuclear plants, but put on the Entities List by the US in 2005 for perceived possession of technologies for nuclear plants or dual-use technology."That list has since been pruned to about four, giving the 200-odd companies full play in nuclear power production."We expect another 200 medium and small firms to get into the act as ancillary producers to the big companies, thereby giving a new direction to efficient and cheaper power production in the country," Mitra added.The NSG's decision to grant India a clean waiver from its existing rules, which forbid nuclear commerce with any country, which has not signed the Nuclear Non-Proliferation Treaty (NPT), came at its meeting in Vienna Saturday afternoon.The historic moment, which will end more than three decades of nuclear isolation for India, came after three days of intense diplomacy by the US and India in the nuclear cartel that controls the global flow of nuclear fuel and technologies.“Today’s development is a major confidence-building move for the international community to engage with India especially in high technology trade," said Chandrajit Banerjee, director general of the Confederation of Indian Industry (CII)."It will provide opportunity for Indian manufacturers to supply spares and components to the global manufacturers of nuclear power plants besides providing business opportunities for Indian power plant construction companies."The Associated Chambers of Commerce and Industry (Assocham) that had conducted a survey among 300 chief executives recently also says that 400 firms - domestic and international - may get a chance to build nuclear power plants.An overwhelming 85 percent of the 300 chief executives polled held the view that modifications to India's Atomic Energy Act of 1962 could help the country to generate some 20,000 MW (unit of nuclear power) by 2020.The modification - which the chamber suggested should be immediate by way of a presidential notification - is necessary to facilitate the entry of the private sector in nuclear power generation.The act and the decades of India's nuclear isolation had resulted in capping the country's nuclear power generation capacities to just 3,900 MW in over 60 years of independence.As a result, out of a total installed generation capacity of about 145,000 MW of electricity, 70 is accounted for through thermal fuel and 20 percent by hydro, with nuclear energy contributing just two percent.The remaining capacities come by tapping the various sources of non-conventional energy such as solar, wind, biomass and tidal waves.Following the NSG waiver, the India-US nuclear deal will head for the US Congress, which meets Sep 8 to discuss and approve the 123 India-US bilateral pact to seal the negotiations that were started more than three years ago.The two countries are expected to formally sign the bilateral agreement when Prime Minister Manmohan Singh goes to Washington towards the end of September, eventually restoring nuclear trade with the US after a gap of 34 years.The US and the rest of the world imposed economic sanctions when India first conducted its nuclear test in 1974.Source: Indo-Asian News Service