EXPECT INDICES TO REACT FROM MORNING HIGHS TODAY as RBI only reduces CRR by 0.25% to 4.5% ~ keeps repo and reverse repo rates unchanged Had blogged earlier of strong indication of a CRR Cut today Sensex was up 175 points this morning at 18650 levels and Nifty was up 75 points at 5650 levels […]
Congress led UPA has just played their Final Ace ! ~ Announcing this evening at one Shot pending FDI reforms and Specific Disinvestments in PSUs ! Clearly the Government was on a long back foot on Corruption Accusations on an unprecedented scale on Coalgate and 2 G The PM courageously asserting that if they have
Congress led UPA plays their Final Ace ! ~ Announces at one Shot pending FDI reforms ! Read More »
Market Stocks Rally finds Fundamental legs to sustain in the Short Term ~ Take Advantage even if you are nervous about the Long term On September 7,2012 last week I had bloggged about Important dates in September and Indications are not to Short Stocks Are Up Today ~ Gold Is Bullish Too ~ Interesting Next
Market Stocks Rally finds Fundamental legs to sustain in the Short Term ~ Take Advantage Read More »
Stocks are Up Today ~ Interesting Next Fortnight Coming Up ! Indications are not to Short The S & P recorded a Four Year High after May 2008 closing yesterday at 1430 while the Dow Jones surged to 13274 as European Central Bank (ECB) announced a new Initiative of unlimited purchase of Bonds to stabilise
Simply Love Neil Diamond ! Have you heard his ‘September Morn’ ~ Caution ~Watch out for Stock Markets in September ! Nifty’s under 5400 and Sensex is under 17800 presently
Nitin asks about ~ Tide Water Oil (TWO) at Rs 6750 and Shree Renuka Sugars (SRS)at Rs 25+ at subdued Sensex and Nifty levels of sub 16200 and 4900 respectively My Views on these two Scrips are contrasting….. TWO continues to be solid despite some margin stress,while SRS has disappointed greatly and eroded by 70%