A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Amused…Fake ‘WestEnd’ Defence Deal gets a Bribery Conviction while in the Real ‘Bofors’ Deal the Corrupt get away ! A Delhi Court today pronounced the Former BJP President ,Bangaru Laxman guilty for accepting a bribe of Rs 100000 for a Fake ‘West End ‘Defence Deal…it was a Tehelka Sting Operation of 2001 by Aniruddha Bahal …
Overheard a Stock Market Conversation….”I’ve Lost Rs Two Lakhs in Stocks last year !”….”You’re lucky,I’ve drained Rs 10 lakhs !” Both uttered with Straight faces…no chuckle ! They say Fee Based Income in Capital Markets is safer and less riskier than Fund Based…of course it will be !…it’s those who you advise and transact for …
Performance of the BSE Sector Indices in 2011/12 and to date is quite Interesting ….What provoked this post is Sameer’s counter argument in my earlier post…he is bullish in the short term,citing the favourable upmoves in the Pharma,Cement and Auto Sectors…I’m looking at the Bigger Picture and I’m not so excited really as Macros are …
Performance of the BSE Sector Indices in 2011/12 and to date is quite Interesting Read More »
Sing this to the Tune of Christmas Carol “Jingle Bells” “Dashing Through the Economy…Printing Currency all the Way !…Oh what Fun it is to ride on a one PIIGS Open Sleigh !… Hey ! Warning Bells ! Warning Bells ! Warning all the Way !…Santa Claus is not Coming riding on a Sleigh !” Have …
S & P retains BBB – Rating for India but downgrades Outlook to Negative from Stable…indicating a possible down rating in the future….BBB- remains the lowest Investment grade Rating,just one notch above BB+ which is the highest Speculative Grade Rating…. I’m finding it difficult to counter as it echoes ground realities of high Current Account …
Warm & Nostalgic Weekend…. Began with a Lovely and Lively Friday Night Reception,Cocktails,Dinner and Dance to celebrate the Wedding of the Son of Close Friends …..and Saturday was nostalgic …@ 35 years ago,while in ICSE Std X in 1976 ~ me and in 1977 ~wife were awarded the Cadburys Award for being the Best Allrounder of the school…yesterday,as proud parents, …