A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Sigh !…..”I should have got in at 8000 and 9000 and 10000 !” in March and April,just a few months ago !” This is the refrain of most with the Sensex doubling to 16000 in just five months !…one of the quickest rises in the history of the Sensex Most lost a great chance of …
Sensex at 16000…looks Expensive….but not if you’re looking 2 to 3 years Forward Read More »
This is what I had blogged on October 27,2008 Some Pundits called Sensex of 12000 irrational…some saw irrationality at 10000…So what would they call 7500 ! ? …Begin to slide in now We saw the Sensex again collapse to 8000 levels in March 2009 after reviving from October end 2008 lows…Then we had the Elections and …
Minister of State for Science & Technology,Mr Prithviraj Chavan,just announced the second Forecast for this years Monsoon…the Picture is not good The First Forecast in April had predicted 96 % of Normal Long Term Average Rainfall….This Second Forecast lowers this to 93% It’s the El Nino effect now playing with our Monsoons North-West India will get only …
Just perused the Model Equity Portfolio for India that Reliance Equities International has launched.It’s been authored by their Head of Research Excited to know what’s in it ! ?…more so after I tell you that the Report is titled ‘Boom and Bust’ with the tagline ‘Resistance is Futile’ !? Turned out to be a Dampener really…no Originality at …
Be forewarned !…A June Jolt in the Dow of 20% + is being predicted by many market pundits…That means testing it’s earlier Lows…..In this event,decoupled or not,our Sensex too would drop to 12000 and below…pre election results Mid May levels Bulls be cautious !
At 11.55 am,The BSE and NSE reopened after a two hour cooling period after hitting circuits on opening at 9.55 am I’m not even in Mumbai…in Ahmedabad and feeling the Heat in more ways than One ! At 11.55 am the Sensex hit it’s second Upper Circuit at 14272.63,up 2099.21 points from Friday’s closing….up 17.24% The …
Mad ! Mad ! Mad ! Monday…Markets hit Upper Circuits again…Trading halted for the Day ! Read More »