A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
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 …
Don’t get influenced and unduly excited by placements of part of their stakes by Promoters of DLF (at Rs 230) and Suzlon (at Rs 77) especially, and of TCS (at Rs 627)…..They have sold shares now as they desperately need funds and can’t raise it any other way……The Credit Crunch and Contraction has simply overwhelmed the corporate sector …
DLF,Suzlon,Tatas…Stress Stake Sales at Stress Prices in Stress Times Read More »
What’s got this Sensex so excited that it surged 50% from 8000 to 12000 in two months !? Earnings ? Elections ?…..what’s so exciting ? Nana Chudasama’s Banner on Marine Drive in Mumbai states ” EXCITING ELECTIONS…SURPRISES,SHOCKS,SUICIDES”…….Surely you don’t find Suicides exciting ! Barely had the Fifth and Final Phase of Polling closed yesterday,several Exit Polls came out fast….predictably predicting …
While the ‘King of Good Times’ bounces around in South Africa with his Cheerleaders cheering his ‘Royal Challengers’ in the IPL,his Kingfisher Airlines Cheques are bouncing here in India as the Airline faces more severe Royal Challenges that surely should be of a higher Priority Have a look at the Times of India’s Mumbai Edition this morning…The’ve got …
Don’t Short this Market ! Fundamentals and Valuations are being shrugged of by Increasing Liquidity and Inflows…This momentum is driving the Nifty and Sensex to new recent highs Two Leading Broking Houses have literally overnight turned very bullish and talk of a Sensex range of 12500 to 14500 in the near term Maybe they know …
Don’t Short this Market !..you’re up against Momentum driven by Liquidity Read More »
So the Sensex surged,ten days consecutively, to 11284 yesterday, and then quickly corrected sharply down to 10947,down 337 points today…It was just above 8000 in early March,a little over a month ago What do you make of it ! ? Two camps here : The First Camp is Bullish and talks of a Bull run happening…We’re …
Can the Sensex be at 15000 even if the Dow drops to 5000 ! ? That’s a decoupled View Read More »