A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
India is well positioned….and in many major ways arguably in a completely different Queque…so don’t overestimate any mini meltdown or accompanying panic on global cues in our Sensex or Nifty….maybe new long positions may not be forthcoming but there should not be any serious shorts even though we see a 400 + correction in the Sensex …
Expected the Sensex to correct mid 2010…instead fuelled by record FII Inflows it zoomed to 21000..and is now correcting and experiencing some Blues….when it went up,everyone was justifying the rise….now that it is correcting,everyone is justifying the correction !….so what does one do?….simply take a breather !…don’t break your head over Derivative and Trading and …
Sensex continues to seduce….is up 376 points today at 20445…Pre Diwali Fireworks fuelled by Coal perhaps !….a not so subtle reference to the Mega IPO of Coal India that opens on October 18….sentiment has to be kept sizzling ….and FIIs have already started celebrating Diwali a month or two early by intensifying wholesale buying of ‘Phatakas’ (stocks) and torching …
Beginning of the Year these were my views on various asset plays going forward in 2010 and beyond 2010…what’s likely to Go UP and what’s likely to Go DOWN….will help you in rebalancing your Portfolio Thursday, January 7th, 2010 An extract for Indian Equities from the above is reproduced INDIAN EQUITIES….It great to be an …
Judge for yourself that the liquidity through relentless FII Inflows is pumping up our Sensex to reach 20000 and go even beyond……. ofcourse the suspicion lingers whether these FII Inflows are genuine,are sustainable and are being applied for long term investments…and they are not hot monies that can cause havoc if they reverse out of India,equally fast FII …
Beginning January 2010,I had opined that our Sensex would trade in the range of 14000 to 18000 in the first half of 2010….This it did Then as we began the second half of the year,I raised the range in July to 16000 to 20000 China and USA…Two Alerting Perspectives…. by each for each…Residential Housing Bubble …