Dow Jones Indexes develops, maintains and licenses market indexes for use as benchmarks and as the basis of investment products.As BRIC markets (Brazil, Russia, India and China) have gained huge investor attention with their potential for long term growth, Dow Jones has a BRIC 50 Index. BRIC 50 Index has 5 stocks for Russia and 15 each for Brazil, India and China.
15 stocks from India as part of BRIC 50 index are (in the order of weightage as of today).
Reliance Industries Ltd.
Infosys Technologies Ltd.
ICICI Bank Ltd.
Housing Development Finance Corp. Ltd.
ITC Ltd.
Larsen & Toubro Ltd.
Oil & Natural Gas Corp. Ltd.
Hindustan Lever Ltd.
Satyam Computer Services Ltd.
Tata Consultancy Services Ltd.
Suzlon Energy Ltd.
Tata Steel Ltd.
State Bank of India
Tata Motors Ltd.
Hindalco Industries Ltd.
Do you have any of these stocks in your portfolio?
23 comments:
Seeni,
You know what out of this 15 companies invariably I was trading/investing in following 12 companies during 05 and 06. What does it convey to me :)- I think I should seriously get into Captial Markets or Investment banking in future
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Reliance Industries Ltd.
Infosys Technologies Ltd.
ICICI Bank Ltd.
Housing Development Finance Corp. ITC Ltd.
Oil & Natural Gas Corp. Ltd.
Hindustan Lever Ltd.
Satyam Computer Services Ltd.
Tata Consultancy Services Ltd.
Suzlon Energy Ltd.
Tata Steel Ltd.
Hindalco Industries Ltd.
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The following 3 companies was never part of my portfolio
Larsen & Toubro Ltd.
State Bank of India
Tata Motors Ltd.
But I remember that i was looking for SBI and L&T, but it got missed...And on Auto I was looking for Maruti, M&M but not Tata Motors....
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Now, Except Infosys I don't hold any of the above stocks.
Based on my experience with stock market, I gained good amount of profit from Reliance, TCS & ITC.
Out of which definitely Reliance was star performer in my portfolio.
Worst performer is Hindalco in portfolio, but I entered at a wrong time. Its a good stock though, Dhams got benefitted from this stock.
Hmm interesting post, have any Ideas why russia has only 5 comapnies in the index also could You tell me what all the companies in Brazil and China also in the list ??
Hannibal, the complete list is available in the link menitoned in his blog
http://www.djindexes.com/mdsidx/?event=showBRIC
The Dow Jones BRIC 50 Index is a blue-chip measure that includes 50 of the largest and most actively traded stocks in these countries.
Initially I thought its based on Market Cap alone. But it was mis leading reason is ONGC,Bharti,NTPC & TCS are ahead in terms of Market Cap in Sensex weightage (http://content.icicidirect.com/market/SensexWeightage.asp).
But one find more answers on BRIC Stock selection criteria from http://www.djindexes.com/mdsidx/downloads/meth_info/BRIC_Meth.pdf
My knowledge of stocks is zero. Only share I bought was TCS, need to explore this area. But I don't have a problem in it. I have lot of experts like arasan, siva, seeni, dams and balraj
Arasa - it's great that you were trading/investing in 12 of these stocks. It conveys your maturity in choosing the scrips for investment.
Investing in index stocks will always fetch good results. (A recent article in Business Today also says the same).
I have been investing/trading in 6 out of these 15 stocks.
Hannibal - Welcome to my blogs. Thanks for your comments.
As Arasan has mentioned, the info that you have asked for is available in the links given.
Are you planning to invest in companies in these countries?
Barani - I think you must get into stock market investing. It's high time. As Arasan had mentioned in one of his emails, it's right time too. So many stocks have plummeted heavily.
Good luck. :)
Relaince Industries is my all time favourite stock, Its must have stock in your portfolio :)-
BRIC index stocks, its wise to invest on these top performing and matured stocks from these countries. Not all BRIC index stocks are listed in Nasdaq ?!?!
No. Not all BRIC index stocks are listed in Nasdaq.
Nice to have a summary index of all 4 countries.
Arasa, They may come up with a fund based on the index.
Siva - already there are Funds that invest in BRIC coutries.
Visit this for one example:
http://www.hsbcinvestments.com.hk/site/fund_centre/retail_fund_centre/retail_individual_fund?fund=BFM2C
As per above link the ROI from this fund is like this..
Dealing Date Price
18/05/2005 9.751
3/4/2006 17.188 (76.2 % ROI in aprx 1 year)
3/4/2007 20.409 (109.3 % ROI in aprx 2 year)
109 % ROI in 2 years is pretty decent on safe bet. Ofcourse there would have been dividend and bonuses too.
India and China index alone was giving aprox 120% ROI in a time span of 2 years.
We may have to dig into further on each stock to figure the ROI from each one over a period of 2 years :)-
109% is pretty cool returns. :)
There are some funds like these. But they are almost like the emerging market funds. The weightage on the investments on countries or the companies are rarely spelled out specific in the fund. The BRIC index solves that.
100% is great :-)
Reposting it for attention :)
Could somebody tell me how the inflation,Oil price, Eonomy growth,Interest rates and value of indian rupee against USD is all related,Looks like there is a deeper relation.
I hear the fin Min says the economy is heating up, he increases the repo reverse repo rate, that increase the bank lending rate, that inturn increases the inflation that down the line reduces the growth(or net profits of the companies).
So in summary the govt can have control over the economy to slow down My Questio, why the hell the gov has to stop/brake the growth ??
yeah I want to know abt Brazil and china, I wish I could visit these countries and get a feel of it before investing.
I believe brazil would be good bet
I would like to put a question to U guys do U think the index stocks would give U better returns always ??
I beg to differ,Being from india and been in the market we should be able to get some 10 baggers, is it not ??
"Always" is a very critical term. If someone doesn't know the market well and want to invest it would be better to choose from index stocks. Because of the obvious reasons.
If you are a veteran in market you dont need to rely on index stocks you can rely on technical analysis and can pick & choose to make or lose. :)
(I need sometime to respond to your other interesting comment/question)
"I would like to put a question to U guys do U think the index stocks would give U better returns always ??"
As Seeni mentioned, Its a safebet for a beginner, 2 years before I dont know about stock market, but now atleast I know few things. I started learning market by investing in BSE Sensex Index stocks with a portfolio that has picks from diversified sectors.
There are 100's of stocks available in market which gives unimaginable profits in shorter span, but it is risky. Myself burnt my fingers in those and in derivative trading.
I shifted my strategy to long term reliable returns over a period of time.
But if you know about Futures and Options and some prime time to do technical analysis then it can do wonders to you.
As Siva mentioned there are Mutual Funds available which invests in leading emerging markets.
As on today when it comes emerging markets, China is No 1, India is No 2 Mexico is No 3, I didnt analyse on Russia
Read my recent blog
http://arasanblog.blogspot.com/2007/01/can-i-play-in-this-flattened-world.html
Can I Play In This Flattened World ?
If you are new stock market, then I strongly recommend you to have a strategy for growing your money in market. (Short term, long term, low risk, high risk, reliable, investor or trader)
I wonder why mexico is missing in BRIC index ?
"Could somebody tell me how the inflation,Oil price, Eonomy growth,Interest rates and value of indian rupee against USD is all related,Looks like there is a deeper relation."
Definitely there is strong relation, I dont know economics dynamism behind this, love to know more on this :)-
Probably would share that as a blog in future if I happened to get answers for this.
I Happened to have a discussion with Hannibal, he is not an amateur wrt stock market...
Hannibal, you are most welcome to share your learnings about stock market to us :)-
Arasa - BRIC is not an index to cover all emerging markets. BRIC, as I had mentioned earlier, was coined by Goldman Sachs a few years ago to denote the best of emerging markets (i.e Brazil, Russia, India and China). BRIC Report does not talk about Mexico. (Even Thailand is also an emerging market).
I recently came across an acronym 'CHIME' to denote China, India & Mexico markets. I couldn't find out where did I come across.
Did anyone hear about this?
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