This Invitation Board at a Dry Cleaners in Bangkok could well be put at the entrance of BSE and NSE !
” Drop Your Trousers Here For The Best Results ”
Quick Service…Same Day Delivery….Promise to wipe you clean and get neatly ironed and laundered by our Sensex and Nifty !…or if you prefer exclusive one to one service try Infosys for today !
So when venturing into the Bourses,do remember this phrase !? “Being Send to the Dry Cleaners !”
PS : For this Blog, Blame the Sensex Crashing over 200 points inside six minutes yesterday @ 2 pm from 17300 levels to below 17100 levels…It closed at 17095,down 238 points….as Infosys declared a poor Dollar guidance,froze salary levels for the time being and share price dropped over 12% to Rs 2403,down Rs 347 or 12.61 %…it’s biggest single day fall in Nine Years !…Just the other Day Infosys was ranked No 6 on a Market Cap of over Rs 160000 crs…it’s dropped a rank,to No 7 with a Market Cap now of Rs 138000 crs….TCS,the other Infotech Giant, is a comfortable Market Cap IT Leader at Rank No 4 with a Market Cap of over Rs 209000 crs …but with warning bells being sounded in the IT Sector,will TCS too lose Market Cap ! with it’s share price too dropping sharply from current levels of Rs 1070 ? In 2011 and till date in 2012 TCS has bucked the Infosys downward Trend…Can it yet hold and continue to do so ?