A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
2009…The Recovery Year after a fatal 2008….America has seen what appears to be a Bear Market Rally…so 2010 may see reversals there…..China has seen a doubling in Equity and Real Estate from 2008 lows…early signs of a Bubble forming in years ahead …..and our Bharat is sandwiched critically between the two…America and China…West and East…clearly …
Markets are on fire today..Sensex is up 400 points past 16800 as Reliance gallops yet again past a cum 1:1 Bonus Rs 2100 But what was interesting is the arbitrage available in SESA GOA Spot Price has surged to Rs 354 as Company announced during market hours that FII,Templeton had increased their stake….. and the Futures …
Our Sensex is on a Calender Year High Today…..In 15 trading days,it has surged from 15000 to 16000..It closed at 16016 today,up by 327 points and over 2% Drought does not seem to be in our Sensex’s Dictionary ! From March 2009 Lows of 8000,the Sensex has now surged 100% in just seven months ! and year …
I had warned you on July 25,2009 that Adani Power (APL) may not have an exciting Listing…Though the grey market Premium of Rs 10 had indicated listing gains……Check out my take on the APL IPO IPO of Adani Power at top end Rs 100….Aggressive Pricing makes it an Aggressive Investment It listed today and struggled right through …
Adani Power Struggles on Listing today…saves face by closing at Issue price of Rs 100 Read More »
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 »
Returned late night from Bengaluru at 1 am in the morning as Flight was delayed after delivering a two day Equity Workshop at the weekend…the eight in a series for a Broking House…It was pouring as we drove to the New Airport,50 + kms away from the City…but we had a Mad Max Driver who drove as if …
Thanks Karnataka and Andhra Pradesh !….Bengaluru Equity Workshop Concludes Well Read More »