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“In India, companies may fall sick, but promoters rarely do!”

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Just to quell your Curiousity…Yes ! The Sensex did close much lower than at Noon today

The Sensex Closed even lower at 10809,down 674 points today……this is just in case you were curious to know as one of my earlier blogs today carried this feeling as below “As I blog this,the Time is 12.35 pm and the Sensex is already reversing out 509 points to slip below 11000 to a level of 10974 as …

Just to quell your Curiousity…Yes ! The Sensex did close much lower than at Noon today Read More »

US $ 1456 Billion stashed away in Swiss banks by Indians !…and our Government does not want to know who they are !

Of course we always knew this….that many Indians have been stashing away black monies in Swiss banks for decades…but when one hear’s the Quantum from the Horse’s Mouth itself it has to invoke anger Just read today’s Express Buzz coverage of  the Swiss Banking Association Report of 2006 that reveals that India topped the List of Countries with it’s citizens having deposits  …

US $ 1456 Billion stashed away in Swiss banks by Indians !…and our Government does not want to know who they are ! Read More »

When the Indian & Chinese Media came Calling …….Pivot Sensex indicated at 9000

Just yesterday,the Senior Editor of one on India’s most respected Investment and Finance magazine called me yet again….” Is this 1000 point rise in the Sensex on Monday and Tuesday fake or is it for Real ? : he inquired In June 2008,the Country Bureau Chief of China’s biggest National News Agency came to vist…he had …

When the Indian & Chinese Media came Calling …….Pivot Sensex indicated at 9000 Read More »

Investment Guru Mark Mobius calls for an end to Short Selling…I disagree

Investment Guru,Mark Mobius, calls for an end to Short Selling…”Short Selling is Not Investing.We have to seperate Investing from Gambling……We’ve got to get back to the fundamental concept of the stock market-the supply of Capital,the raising money for Growth” says he.  Mr Mobius,with due respect to your justified sentiments in these troubled times,I disagree. Although I …

Investment Guru Mark Mobius calls for an end to Short Selling…I disagree Read More »

CORE PROJECTS….Crashed from Rs 250 to Rs 60 in three trading days…What did you expect ?

I’ve been inundated with calls on Core Projects…because on October 8,2008 it was Rs 250 and today it is Rs 63…Why this Sudden Collapse ? Will it revive ? Top Broking Houses had recommended this scrip very strongly in 2007 and earlier in 2008…In fact the Aditya Birla Group, through it’s Private Equity Business,had also invested …

CORE PROJECTS….Crashed from Rs 250 to Rs 60 in three trading days…What did you expect ? Read More »

Don’t Invest in Equity…Drink Some Beer Instead !

If you purchased $1,000 of Delta Airlines stock 1 year ago, you would have $49 today.    If you purchased $1,000 of AIG stock 1 year ago, you would  have $33 today.    If you purchased $1,000 of Lehman Brothers stock 1 year  ago, you would have $0.0 today.    But, if you purchased $1,000 …

Don’t Invest in Equity…Drink Some Beer Instead ! Read More »

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