A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Australia just won the Vadodra ODI by just 4 runs and lead 1-0 in the seven match series….They piled up 292 and the Indians replied with 288/8…It would have been an improbable win had the Indians pulled it off and scored the 9 runs required of the final over All seemed lost at 201/7 ….but none […]
Bowlers,Harbhanjan Singh and Praveen Kumar should open the Batting ! Read More »
SEBI has allowed exchnages to extend trading hours…..So soon we’ll have the exchanges open trading from 9 am and continue right upto 5 pm…that’s a straight EIGHT hours of Continuous Trading…from the current Five hours and thirty five minutes from 9.55 am to 3.30 pm I’ve got one question…it’s mathematical….If an intra day addict,Mr Satta , makes
Trading hours to be extended…I fear Intra day Losses too will get extended ! Read More »
Sesa Goa just declared their Q 2 FY 10 results….Consolidated Profit was down 51% from Rs 337 crs in Q2 FY 09 to Rs 166 crs….Revenues have tumbled too by 38% despite Dempo consolidation Iron Ore realisation in Q 2 FY 10 was a shade below US $ 51/MT…same quarter last year it was US $ 108
Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why? Read More »
We are hour and a half into counting in the 288 Seats and these are clearly the emerging trends in Maharashtra Congress/NCP alliance leads in 120 seats of the 268 of 288 leads so far…..70/50 is the breakup….the magic figure is 145….clealry the incumbents will not be dislodged from their Prime Dress Circle seats….will we have
The pink newspapers this morning headlined that the Galleon Hedge Fund Founder and two Indian Americans among others were arrested for Insider Trading in USA…..Galleon has Investments in Edelweiss and Shriram too in India Insider Trading is a pet issue with me and I discuss it vigorously at my training sessions when we are discussing Ethics
India and Insider Trading are Inseparable ! Read More »
Thanks Keshav for the query for Shree Precoated Steel (SPS) at Rs 27 My advise is to steer clear of SPS..don’t get seduced on the relisting at Rs 27 There is a misconception that SPS is receiving Rs 600 crs for the sale of the steel business to Essar Steel I went through the