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
TOP TECHNICAL TAKES : VERY SCARY INDEED ! Read More »
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 »
On this Super Tuesday in USA ( We’re into Wednesday here in India), Barack Obama has won the US Presidential Election quite comfortably…the electoral votes were 338 in his favour and 156 for Opponent,Mcgain with results of Four states yet to come in at 11.30 am Indian Time…270 Votes were required for a majority There
It is chiefly for Virendra Kapoor’s ‘Inside Story’ column that I read Mumbai’s revived afternoon paper ” Afternoon Despatch & Courier” His Column in yesterday’s edition (sorry no weblink is available) is titled ‘A conspiracy of silence’ This is a shocking gist of what he highlights of the recent Telecom Policy to sell additional spectrum,