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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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May 2009

UPA set to retain Power in India…Sensex Surge on Monday indicated

Within just two hours of counting,by 10 am, this morning it was clear that UPA was leading fairly strongly to retain power….By 11.30 am leads came in for all 543 Seats….UPA showed a superb 245 leads (+ 65),while the NDA showed 160 (-17) Congress led UPA should clearly get to the magic figure of 272 with little …

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DLF,Suzlon,Tatas…Stress Stake Sales at Stress Prices in Stress Times

Don’t get influenced and unduly excited by placements of part of their stakes by Promoters of DLF (at Rs 230) and Suzlon (at Rs 77) especially, and of TCS (at Rs 627)…..They have sold shares now as they desperately need funds and can’t raise it any other way……The Credit Crunch  and Contraction has simply overwhelmed the corporate sector …

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EXIT POLLS…EXIT MARKETS ?

What’s got this Sensex so excited that it surged 50% from 8000 to 12000 in two months !? Earnings ? Elections ?…..what’s so exciting ? Nana Chudasama’s Banner on Marine Drive in Mumbai states ” EXCITING ELECTIONS…SURPRISES,SHOCKS,SUICIDES”…….Surely you don’t find Suicides exciting !  Barely had the Fifth and Final Phase of Polling closed yesterday,several Exit Polls came out fast….predictably predicting …

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Gold Tonnage held by Countries as a Percentage of their Fx Reserves

Official Gold Holdings as of April 2009 as per the World Gold Council   Country Tonnes Percent of Reserves 1 USA 8,133 78.9 2 Germany 3,412 71.5 3 IMF 3,217 N/A 4 France 2,487 72.6 5 Italy 2,452 66.5 6 GLD (Gold ETF) 1,104 N/A 7 China 1,054 1.6 8 Switzerland 1,040 41.1 9 Japan …

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Some Wednesday Wanderings !…May’s Heat Wave causing a Lot of Bouncing !…Kingfisher Airlines Cheques…Adnan Sami…Tata’s JLR Debt woes forcing sale of TCS Shares…and our Sensex !

While the ‘King of Good Times’ bounces around in South Africa with his Cheerleaders cheering his ‘Royal Challengers’ in the IPL,his Kingfisher Airlines Cheques are bouncing here in India as the Airline faces more severe Royal Challenges that surely should be of a higher Priority Have a look at the Times of India’s Mumbai Edition this morning…The’ve got …

Some Wednesday Wanderings !…May’s Heat Wave causing a Lot of Bouncing !…Kingfisher Airlines Cheques…Adnan Sami…Tata’s JLR Debt woes forcing sale of TCS Shares…and our Sensex ! Read More »

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