Reflections

Sugar Sweet…no diabetes in sight (Green Light)…..Telecom Voice Breaking (Red Light)…..IT dropping with the Dollar (Orange Light)

The Trafiic Signals are clearly at work in these Three Sectors….It’s Green for Sugar,Red for Telecom and Orange for IT Sugar Stocks are at just 3 Million tonnes…that’s going to last  a month and a half…India consumes 2 million tonnes a month….Last year we produced a record low ! of below 15 million tonnes and […]

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Reliance Industries announces a Bonus of 1:1 !…Now ! Now ! Now !

Reliance surprised all yesterday with a post market bonus declaration of 1:1….It last gave a bonus in 1997…and before that in 1983 and 1980 Dhirubhai Ambani,the Founder was the dramatic architect for all these bonus issues…but he passed away in 2002……Investors were like Children in those days…and the father was Dhirubhai !….his bonus announcements were always

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RIO DE JANEIRO,BRAZIL just wins the Bid for the 2016 31st Summer Olympics

It’s RIO ! Was engrossed in exciting CNN coverage in Copenhagen,Denmark of the Awarding the Olympics Ceremonies….It was four cities….Chicago was surprisingly eliminated in the first round,even though President Obama and the First Lady made a personal pitch…The underdog,Tokyo lost out in the second round of Voting It was down to Rio and Madrid I was rooting

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Karan Johar…Baapu ! aaj toh sach bolo…Gandhi Jayanti hai !

It’s our Father of our Nation,Baapu’s Birthday today…Mahatma Gandhi Jayanti….He would have been 140 years old today …and the news channels are broadcasting Karan Johar personally visting Raj Thackeray of the MNS to apologise for the use of the word ‘Bombay’ instead of ‘Mumbai’ in his new movie being released today ‘Wake up Sid’ I’m not

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What an eventful week !…am not talking about the markets!

Phew !…It’s been quite an eventful week or two brings to close today half the Financial Year 2009-10…and I’m not referring to the Markets at all ! ….. a gap of over a week since my last blog! ….my daughters selection as goalkeeper for the Maharashtra State Girls u-15 Football Team and her rushing off to Uttaranchal

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US Dollar as a Carry Trade Currency !…Why Not !?

With the stock bubble and the real estate bubble in Japan leading to it’s currency,the Yen becoming the Carry Trade Currency for over a decade we’re now seeing a very huge possibilty of the Yen giving way to the the World’s (yet) Reserve Currency,the US Dollar, in becoming the preferred Currency for Carry Trade ! For

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