A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Sensex sinks 2.33% and 395 points to close at 16518 at 3.30 pm,although the adjusted close is down 366 points at 16546…..retracing all it’s misplaced elation yesterday on deferment of General Anti Avoidance Rules (GAAR) Yesterday the Sensex showed a remarkable bounceback from negative to positive to close near 17000 at 16913 just because FM …
Expected Weak Weekly Sensex Opening….drops @ 300 Points and struggling to stay over 16500…French Connection ? Socialist Francois Hollande has won the French Presidential Elections beating the incumbent Sarkozy….Hollande is against Euro Zone austerity measures and wants to renegotiate the Eurozone Austerity and Bailout Package…seeks to meet Chancellor Angela Merkel of Germany right away as …
Sing this to the Tune of Christmas Carol “Jingle Bells” “Dashing Through the Economy…Printing Currency all the Way !…Oh what Fun it is to ride on a one PIIGS Open Sleigh !… Hey ! Warning Bells ! Warning Bells ! Warning all the Way !…Santa Claus is not Coming riding on a Sleigh !” Have …
S & P retains BBB – Rating for India but downgrades Outlook to Negative from Stable…indicating a possible down rating in the future….BBB- remains the lowest Investment grade Rating,just one notch above BB+ which is the highest Speculative Grade Rating…. I’m finding it difficult to counter as it echoes ground realities of high Current Account …
Tough Macros are now reflecting in Micros…Signs are Ominous for the Sensex at 17500 and Nifty at 5300 levels…Kindly exercise caution and utmost discretion when taking risks,especially on the long side….stop loss may be triggered….don’t be swayed by the record FII Inflows in the first three Months of Calendar year 2012…Going Short has been indicated …
“What stocks should we be buying or selling ?” Have been queried this more often in the past month or two, especially after 2012 opened with a bang and Sensex and Nifty began their 2012 Journey as if to conquer new peaks soon as record FII Inflows packed a punch ! Overnight,as in any Bull run,the …
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