A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
From a Sensex close of 12526.32 on Friday, October 3,2008,it has plunged another 15.95% and 1998.47 points to close today at 10527.85…In fact today itself it lost 801 points.This is keeping in tandem with similar and worse falls in all World Markets this week too Now this is what I’m waiting for !…another 2000 points fall next week …
Sensex drops 15.95% and near 2000 points this week to close at 10528 Read More »
ICICI Bank’s Jt MD and CFO,Ms Chanda Kochhar just appeared on CNBC in a call in converstaion with the Anchors…Clearly through all her calmness and reassurances there was an underlying and urgent plea to Depositors and Shareholders and Investors not to Panic and fall prey to the rampant rumour mongering going on With the Share Price …
ICICI Bank Jt MD ,Ms Chanda Kochhar comes on CNBC to reassure Read More »
Shocking IIP Nos for August 2008 were released today.On a yoy basis the overall industrial growth is a mere 1.3 % against 10.9 % SHOCKING IIP GROWTH FIGURES IN % FOR AUGUST YOY Sector Growth % in August 2008 Growth % in August 2007 Overall Industrial Growth 1.3 10.9 Manufacturing 1.1 10.7 Mining 4 14.7 Capital …
IS INDUSTRIAL RECESSION SETTING IN EVEN IN INDIA ? Read More »
The Plunge in even the BLUE Chips shows that there was just no place to hide in Indian Equities in 2008…no matter what is your risk profile.Top Five such selections all plunged into the RED On January 10,2008 our Sensex recorded an all time high of 21206.77 but closed lower at 20582…From this date till now …
There Was Just No Place to Hide as even BLUE Chips turned Stark RED Read More »
What Did I tell you about HOV Services in this morning’s blog and in the warning blog just one two days ago ! They have now just released to the BSE the outcome of their Board Meeting Today to discuss the Material Transaction Proposal…Have a Look below Corporate Announcement Scrip Code:532761 Company:HOV Services Ltd …
What else can you expect from HOV Promoters ?…they continue their Cloak and Dagger Game Read More »
The BSE IT Index opened this Year in January at 4519 and today it has recorded an intra day low of 2566 In just over Nine Months this Year it has plunged by 43 % How did this happen despite the Rupee depreciating a record 25% against the Dollar this Year.The Rupee was at Rs …
IT Stocks freefalling despite the Rupee depreciating a record 25% this Year…Why ? Read More »