A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Markets are looking increasingly ominous and Sensex is likely to correct from 18000 + levels to be derated down to PE 14-16 range….sub 16000 possible in a few weeks…while I do remain bullish for the longer term I simply cannot ignore bearish macro indicators in the shorter term William Shakespeare penned this warning as a part …
There are two “J” Scrips listed on the Bourses that you may get “J” of in the next year or two if you don’t own them…… Jaiprakash Associates at Rs 83/84….FV Rs 2….Available near 52 week lows…..debt overhang….delays in power,roadways and cement project implementations……next two to three years will see mitigation of these risks as …
It took just a week to rub off the New Year sheen Sensex grumbled and tumbled 493 points today to close at 19692…lost nearly 900 points this week….Nifty too rumbled and tumbled 144 points to close at 5905 as we closed the first week in the new year 2011 What did you expect ! Just …
Markets Grumble and Rumble….and then Tumble !……what did you expect ! Read More »
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 …
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 …
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 …