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Infosys manages to beat Earnings Expectations but only because it deferred Investments…I expect it to correct to below Rs 1500

Infosys declared It’s Q1 FY 10 Results this morning…….as per IFRS……..as per Indian GAAP I don’t see any headwind in Infosys…I will be surprised if it climbs more from the current Rs 1750 levels….Infact I expect it to drop below Rs 1500…..Read on to understand my thought track  It has managed to show a little higher Basic EPS at …

Infosys manages to beat Earnings Expectations but only because it deferred Investments…I expect it to correct to below Rs 1500 Read More »

Watch out for Tomorrow…Infosys Results may be the cue for Sensex to correct further

Watch out for Tomorrow ! Rains are not falling…but post budget the Sensex is…..From 15100 levels on Monday before Pranab Mukherjee began his budget speech to @ 13750 at closing today Come tomorrow,Infosys is expected to provide a cautious guidance and a Q1 EPS of under Rs 24.These Results may just be the cue for a …

Watch out for Tomorrow…Infosys Results may be the cue for Sensex to correct further Read More »

Unconvincing Aussie Delegation on Racial Attacks on Indians in Australia

A delegation from Australia is in Mumbai.It is led by Colin Walters from the Australian Department of Education.It’s objective is to reassure Indians that Australia is a safe country for Indian Students At a Press conference yesterday,Colin Walters asserted that Australia is not a racist country and that the Australian Government has Zero Tolerance for …

Unconvincing Aussie Delegation on Racial Attacks on Indians in Australia Read More »

Second Budget Reaction at Market closing a few Hours later….Pranab’s Budget has shorted the Market

Pranab’s Union Budget has shorted the Market ! Ironically It’s Reliance Group Founder’s Dhirubhai Ambani’s Death Anniversary today… Arguably the Father of Indian Equity… He was the King in Capital Formation through Equity….. we probably need him to resurrect… to resurrect our Markets !… he build his flagship on scaling up a Domestic Consumption Story… …

Second Budget Reaction at Market closing a few Hours later….Pranab’s Budget has shorted the Market Read More »

First Reaction to Pranab Mukherjee’s Union Budget….He could have spelled it out better !

I thought I would have to repeat Benjamin Franklin’s Quote “Well Done is better then Well Said “… I had quoted this for Mamta Banerjee’s Railway Budget a few days ago But Pranab Mukherjee’s Union Budget Speech was not even Well Said ! No Clarity or Roadmap on Disinvestment, Deficit Control and Deregulation… Clearly a …

First Reaction to Pranab Mukherjee’s Union Budget….He could have spelled it out better ! Read More »

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