A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
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 …
Sensex has climbed above it’s 200 DMA Levels and is currently 11200,pushing upwards…Nifty too is at 3450 levels Caution is advised…We’re now at 13 times…Elections are on us and the mandate is unclear…Infosys has just announced lower earnings expected for FY 10…Satyam legal hassles begin playing up in June with the Upaid Trial….India’s Fiscal Deficit …
Sensex at 11200 ! Risk to Continue Riding the Momentum is High…Caution Indicated Read More »
An Unhealthy Year provokes an Unhealthy Practice! Our Fiscal Deficit was Rs 304000 crs for the Eleven months at February 2009 and is expected to cross even revised estimate of Rs 326515 crores for the year ended March 31,2009…6% of our GDP !…When we began FY 09,the first estimate of the Fiscal Deficit was just 2.5% of …
In thirteen trading days from an intraday low of 8047 on March 6,2009,the Sensex is once again kissing 10000….moving up near 25% Getting a lot of calls…basically to make some sense of this rally Is this the beginning of the recovery and have we seen the Bottom of 8000 for the Sensex and the October 27,2008 …
The Common Man should be happy that Inflation is just announced at a record low of just 0.44%….but he’s not !….Where have consumer retail prices come down really ?…Food Costs are yet high It’s the base effect working…We’re coming from High Inflation rates of over 10% in the second half of 2008 when Oil had rushed to …
Inflation at Record Low of just 0.44%….Good or Bad !? Read More »
As of December 2008,the Central Electricity Authority (CEA) reports that India’s Power Generation Capacity is 147402.81 MW,up 8651 MW from 2007…India continues to reman a power deficit country…Current Deficit is 20000 MW NTPC,a leading PSU, is the biggest generator with 28333.99 MW from the Eleven Central Sector PSUs…It may be recalled that Reliance Power,in the Private …
India’s Power Generation capacity is 147403 MW…Deficit is 20000 MW Read More »