A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Corporate Announcement 07 December 2010 Subject: Board to consider Bonus Issue, Stock Split & Special Dividend Announcement: Oil & Natural Gas Corporation Ltd has informed BSE that the Government of India has conveyed the decision for disinvestment of 5% paid up equity capital of ONGC out of Government shareholding. The Company have also …
Seems to be a dull drifting December though Sensex & Nifty has recovered to 20k and 6k respectively…looks like Stocks too are preparing for Vacation…lower volumes than recent average and sideways movements,with a few interesting exceptions…have a look below at some of the closings of few scrips on BSE today…stock scam expose and arrests by CBI and the SEBI …
You got to be there when your kids need you…you’re always on call…and it’s fun actually…the bonding is great…so it was yesterday….hectic day for daughter…was not to be as hectic for me…..gym presentation for Main Sports Day rehearsals in the morning at school…rush to Preliminary Sports Day…then half way through rush to Inter School Gymnastics half …
Dad & Daughter Bonding…….Unplanned…. Exhausting….. Fun Read More »
Conducted a two days Equity Training Program past weekend at the BSE Training Institute…Interesting mix of participants….from SEBI,Exchanges,Broking Houses,Youngsters from Top Schools & Colleges,Top Management from leading Corporates Houses in Logistics and Oil & Gas,Mutual Fund Houses…. ….Interesting Interaction…. fair spread of the fair sex too made it interesting to pit how a Man thinks against how …
Government got Gold with Coal India’s IPO last month…It was a Win Win Situation all around…as Issue Size was huge the Retail Segment was oversubscribed 2.3 times and also benefited from the rollover of the unsubscribed Employee Quota …so allotments were good…max 199 shares at Rs 245 less 5% discount And Now we have the IPO of …
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 …