A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Ooof !…Yes,I’m not a Technical Guy…but just received another Tech Report from a leading listed Broker,who just laid off 70 people on Thursday….It’s a conflicting and bullish view It predicts that the Nifty will surge 42% to 4250 within Four to Six Months from now….that would mean a Sensex Level that goes past 14000 again …
I’m not into Technical Analysis…more a Fundamental Guy…but count as some of my close friends and associates,some leading Technical Voices in our Stock Markets So as this week closes with the Sensex hovering around 10000 and Obama winning the US Presidential Elections , I was taken aback when these Technical Voices made some very intense,bold and scary Long …
Sensex has provided positive returns in the Long Term….even better if you consider that alternative and much safer Investment avenues like Bank Fixed Deposits would have given a lower post tax return of below 7% pa If you had remained invested till date from 1991,2001 or 2004 the CAGR is 13.5%,12% and 6.5% respectively Interestingly if …
Positive Sensex Returns in the Long Term: A Strong Case for Investment in Equity Read More »
Inside days there was a huge 3000 points or 40% bounce back from a 52 week Sensex intra-day Low of 7697 on October 27,2008…Leading the way was Reliance which was perilously close to falling below 1000 but bounced back to 1400…it’s slipped back to below 1200 inside two days An earlier blog warned that such rallies are …
Sensex Rocks and Rolls back below 10000 yet again…8k soon ? Read More »
Is our Government and the Regulatory Authorities,RBI and SEBI working for the FIIs !?…at our expense…surely looks like it ! Just Look at some of the SEBI released figures on outstanding position of shares lent by FIIs for selling…the aggregate outstanding Participatory Note based lending position as on October 8,2008 was Rs 6493 crs across …
Foreigners Misuse PN Route to Short….and Indians get shorted ! Read More »
This week began with the Sensex recording an intra-day low of 7697 on Monday and it has closed up 27% from this low to illuminate this Diwali week by a bounce back of 2091 points October 2008 itself has been a very scary month…The Month began on October 1,2008 with the Sensex closing at it’s highest for the month…13056…It’s …