A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Be forewarned !…A June Jolt in the Dow of 20% + is being predicted by many market pundits…That means testing it’s earlier Lows…..In this event,decoupled or not,our Sensex too would drop to 12000 and below…pre election results Mid May levels Bulls be cautious !
It’s just around 1.20 pm on this post Manic Monday, Tuesday NSE has seen a record Spot Cash Market Volume of near Rs 24000 crs…so has BSE where the Spot Volume is near a record Rs 7300 crs….With F & O,the Total Volume is already over Rs One Lakh crore with over two hours yet to go …
At 11.55 am,The BSE and NSE reopened after a two hour cooling period after hitting circuits on opening at 9.55 am I’m not even in Mumbai…in Ahmedabad and feeling the Heat in more ways than One ! At 11.55 am the Sensex hit it’s second Upper Circuit at 14272.63,up 2099.21 points from Friday’s closing….up 17.24% The …
Mad ! Mad ! Mad ! Monday…Markets hit Upper Circuits again…Trading halted for the Day ! Read More »
What a salute to the Congress and the UPA win in the General Elections ! Sensex saluted with a straight Upper Circuit 10.73% surge on opening…It’s just a shade below 13500….The Nifty had done even better…hitting the second upper circuit of 15% on opening and is over 4200….Markets are to reopen at 11.55 am I …
Not because the the Indian Voter voted for Congress….but for the simple fact that the Voter was decisive and mature in not Voting in a fractured verdict,we must salute The Indian Voter Clearly and thankfully we will not have any king and queen makers now as the India Voter has voted strongly for a National Party …
We must Salute the Mature and Decisive Indian Voter !…the Sensex surely will ! Read More »
Within just two hours of counting,by 10 am, this morning it was clear that UPA was leading fairly strongly to retain power….By 11.30 am leads came in for all 543 Seats….UPA showed a superb 245 leads (+ 65),while the NDA showed 160 (-17) Congress led UPA should clearly get to the magic figure of 272 with little …
UPA set to retain Power in India…Sensex Surge on Monday indicated Read More »