A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Beginning January 2010,I had opined that our Sensex would trade in the range of 14000 to 18000 in the first half of 2010….This it did Then as we began the second half of the year,I raised the range in July to 16000 to 20000 China and USA…Two Alerting Perspectives…. by each for each…Residential Housing Bubble …
China and USA…different political idealogies that makes for strange bedfellows….China deliberately keeps it’s Yuan low to benefit from exports to USA…get’s paid in US Dollars which it reinvests substantially in US Government Treasuries !..nearly US $ 900 billion of the US $ 2.3 Trillion Fx Reserves of China are invested in these Treasuries USA was …
To Protest against the Congress led UPA Government’s recent decision to Hike Prices of Petroleum Products, the Opposition parties led by BJP and even joined by some UPA parties ! had announced a Bharat Bandh today….Political leaders are courting arrest…there is disruption in Road,Rail and Air Transport across the Nation….In Mumbai,Autos and Taxis are off …
India is ‘Bandh’ today but Stock Markets are ‘Chalu’ !…Pun intended ! Read More »
I’m reproducing a blog I had posted nearly two years ago on September 27,2008 on what should be the Investment Strategy going forward….this was contrarion in the face of many experts at the time who were recommending selling at every rise…sentiment at the time was getting gloomier….Sensex had reacted from 21000 in January 2008 to 13000 …
Sensex just closed down 460.03 points (2.72 %) at 16415.76 and Nifty dropped to 4921.40,down 144.80 points (2.86%) reflecting Global Blues and cues…..Volumes were relatively high and this does not augur too well for the immediate short term…tomorrow’s opening may just be weak too There was red ink all over,with just a few specific stocks …
SENSEX CLOSE IN 2009 : 17465..SENSEX LEVEL NOW AT 11.09 am,MAY 17,2010 : 16628 Down 367 points from Friday Close….but down 5% from 2009 Close FII EQUITY FLOWS AND SENSEX MOVEMENTS …A CLEAR DICHOTOMY IN 2010 Year Net Investment US($) million Sensex % Movement in the Year 2005 10707 42 2006 8106 47 2007 17655 47 2008 …