A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Returned late night from Bengaluru at 1 am in the morning as Flight was delayed after delivering a two day Equity Workshop at the weekend…the eight in a series for a Broking House…It was pouring as we drove to the New Airport,50 + kms away from the City…but we had a Mad Max Driver who drove as if […]
Thanks Karnataka and Andhra Pradesh !….Bengaluru Equity Workshop Concludes Well Read More »
Just happened to glance at a latest report that advised several midcap recommendations…It’s from a leading Broking House ( Yes,it had an IPO in 2007 and is listed ) Sample this…… Buy Rallis at Rs 677 with a Target Price of Rs 550 ! or Buy Sterlite Technologies at Rs 136 with a Target Price of Rs
I daresay,with India growing at 6% + while the world’s leading economies are in recession,there is a growing ‘Protectionist’ sentiment led by even USA’s President Obama,who cries “Buy American!” In this context, the growing incidents of Indians being physically assaulted in Australia is more a ‘giving vent’ by a few misguided Australians to an increasing frustrated
Indians being targeted in Australia….Racism ? Economics ! ? Read More »
The Market Cap today on BSE was Rs 4865045 crs. A declining Dollar with US $ =Rs 47.20 gives a Market Cap of US $ 1031 Billion That’s over One Trillion US Dollars yet again ! Reliance Industries continues to reign supreme and is Numero Uno in Market Cap with Rs 358433 crs or US $
BSE MARKET CAP CROSSES US $ ONE TRILLION AGAIN ! Read More »
ADAG’s Reliance Power early last year short circuited IPO allottees at Rs 427.50 and then tried to make amends by a 3 : 5 Bonus from share premium reserves and not operating reserves to bring down holding cost to Rs 267 It’s surged to Rs 179 today…..What !? Why !? Hello !? A leading Investment
Reliance Power at Rs 179 ! Yeh kahaa aa gaye hum ! Read More »
Be forewarned !…A June Jolt in the Dow of 20% + is being predicted by many market pundits…That means testing it’s earlier Lows…..In this event,decoupled or not,our Sensex too would drop to 12000 and below…pre election results Mid May levels Bulls be cautious !