A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Shocking IIP Nos for August 2008 were released today.On a yoy basis the overall industrial growth is a mere 1.3 % against 10.9 % SHOCKING IIP GROWTH FIGURES IN % FOR AUGUST YOY Sector Growth % in August 2008 Growth % in August 2007 Overall Industrial Growth 1.3 10.9 Manufacturing 1.1 10.7 Mining 4 14.7 Capital […]
IS INDUSTRIAL RECESSION SETTING IN EVEN IN INDIA ? Read More »
The Plunge in even the BLUE Chips shows that there was just no place to hide in Indian Equities in 2008…no matter what is your risk profile.Top Five such selections all plunged into the RED On January 10,2008 our Sensex recorded an all time high of 21206.77 but closed lower at 20582…From this date till now
There Was Just No Place to Hide as even BLUE Chips turned Stark RED Read More »
On This Holy Dussehra Day Wish all of you a Great Day and Year Ahead May Good always Triumph over Evil Thanks to all you Friends,Family,Clients,Workshop Participants,Students and Associates who have called,emailed and send SMS wishing me today I’m saving costs…so No return SMS or Calls !…Just like I told my wife that we’ll be
Happy Dussehra & Happy Vijayadashmi to all Read More »
Just look at the Irony of it all ! When the Fed rate was as low as 1% for nearly a whole Year some years ago it had created the scenario of Wanton Mortgage Lending and Wanton Mortgage Borrowing and had led to a Surge in House Prices When the House Asset Bubble Burst and the ugliness
Pretty Ironic that Fed Rate is now 1.5% close to the culprit 1% some years ago Read More »
What Did I tell you about HOV Services in this morning’s blog and in the warning blog just one two days ago ! They have now just released to the BSE the outcome of their Board Meeting Today to discuss the Material Transaction Proposal…Have a Look below Corporate Announcement Scrip Code:532761 Company:HOV Services Ltd
What else can you expect from HOV Promoters ?…they continue their Cloak and Dagger Game Read More »
The BSE IT Index opened this Year in January at 4519 and today it has recorded an intra day low of 2566 In just over Nine Months this Year it has plunged by 43 % How did this happen despite the Rupee depreciating a record 25% against the Dollar this Year.The Rupee was at Rs
IT Stocks freefalling despite the Rupee depreciating a record 25% this Year…Why ? Read More »