Reflections

Calamity Drought and you yet want the Sensex to continue to Celebrate !?

So it’s finally Out…it’s a drought…the short term Monsoon,rather the lack of it, trigger begins to impact the Sensex….I had warned about this on June 24,2009……Click on  Monsoon Fears fuel Sensex Fears Liquidity and Momentum and Pacifying,Assertive and Assuring Government and Experts Voices in India and overseas had kept our Sensex on track for new recent highs…Irrational…given the […]

Calamity Drought and you yet want the Sensex to continue to Celebrate !? Read More »

Sesa Goa sinks 10% to Rs 228 as Government finally announces Higher Mining Royalty…Worried ?

This Blog Piece is to address the responses of Madhu and P P Jain…welcome Jain…this is the first time you’ve taken the trouble to respond The New Mining Royalty Policy……It was awaiting Ministerial Approval………10% Mining Royalty on Market Prices before Freight…a move away from a Flat Rate based on Weight Today,the Ministry finally went by the

Sesa Goa sinks 10% to Rs 228 as Government finally announces Higher Mining Royalty…Worried ? Read More »

Demagogue…..Secular and Democratic India is plagued with many such Political Leaders

A Demagogue is a Political Leader who appeals to people’s desires and prejudices rather than using reasoned arguments Our Secular and Democratic country is plagued with many of them….. They forget that with Freedom comes Responsibility… their Cause and their Vested Interests guide their Thought, Speech, Deed and Actions… many warm the Centre and State Legislature Bodies

Demagogue…..Secular and Democratic India is plagued with many such Political Leaders Read More »

NHPC IPO at Top End of Rs 36…It’s a tradeoff of your Greed and that of the Government !

The NHPC IPO : Market Hype and Seduction The Market is in Love with the Power Sector Even at Top end of Rs 36 of NHPC’s IPO Pricing Range,  the current grey market premium of Rs 8-Rs 10 is indicating listing gains….The Issue opened this morning and has crossed 3 times oversubscription till afternoon…so clearly the market

NHPC IPO at Top End of Rs 36…It’s a tradeoff of your Greed and that of the Government ! Read More »

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