A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
What a salute to the Congress and the UPA win in the General Elections ! Sensex saluted with a straight Upper Circuit 10.73% surge on opening…It’s just a shade below 13500….The Nifty had done even better…hitting the second upper circuit of 15% on opening and is over 4200….Markets are to reopen at 11.55 am I …
Not because the the Indian Voter voted for Congress….but for the simple fact that the Voter was decisive and mature in not Voting in a fractured verdict,we must salute The Indian Voter Clearly and thankfully we will not have any king and queen makers now as the India Voter has voted strongly for a National Party …
We must Salute the Mature and Decisive Indian Voter !…the Sensex surely will ! Read More »
Don’t get influenced and unduly excited by placements of part of their stakes by Promoters of DLF (at Rs 230) and Suzlon (at Rs 77) especially, and of TCS (at Rs 627)…..They have sold shares now as they desperately need funds and can’t raise it any other way……The Credit Crunch and Contraction has simply overwhelmed the corporate sector …
DLF,Suzlon,Tatas…Stress Stake Sales at Stress Prices in Stress Times Read More »
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 …
Official Gold Holdings as of April 2009 as per the World Gold Council Country Tonnes Percent of Reserves 1 USA 8,133 78.9 2 Germany 3,412 71.5 3 IMF 3,217 N/A 4 France 2,487 72.6 5 Italy 2,452 66.5 6 GLD (Gold ETF) 1,104 N/A 7 China 1,054 1.6 8 Switzerland 1,040 41.1 9 Japan …
Gold Tonnage held by Countries as a Percentage of their Fx Reserves Read More »
On September 27,2008,seven months ago the Sensex was 13000 and I had put up a contrarion blog https://www.gauravblog.com/?tag=contrarion-investment-strategy I had said the Sensex is moving towards a Distress Zone and will break below 10000 to provide a great opportunity to build wealth over the coming years…so one should bring in Fresh funds to top up …
Sensex and Nifty up 50% in Six Months !…Where to now ! Read More »