A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
An amusing comment….light hearted yet serious
‘Tarobap!’…A Michigan Car Registration inspired perhaps by us gujjus who love screaming this at each other in stock markets… Hope October was Good for All….Hope November is better Cheers !
It is quite amusing really…we are experts on just about everything on this planet !…and blame just about everything for the mischievious way our Sensex behaves …..awhile ago we were all experts on the US Economic and Financial Crisis and what Obama should or should not be doing….then we turned inwards yet again and cursed
India Proxy,State Bank of India gets Moody and drops over 5% today to Rs 1750 levels as ‘Moody’ downgrades it’s Banking Financial Strength Rating (BFSR) to D+ from C- As of June 30,2011 State Bank of India had a Tier 1 Captal of 7.6%…below the Govt stipulated 8% for PSU Banks…It’s Non Performing Assets (NPAs) climbed
Two Quotes caught my eye in the past two days… Disagree with Both One by Shankar Sharma in his print interview to Economic Times and the Other by Shah Rukh Khan on a TV Show Never Met the Guy but have always been amused by Shankar Sharma’s views on Capital Markets… he loves playing to the gallery … has
And So one ‘G’ rescues another ‘G’ for both to survive as Germany bails out Greece !…we ‘Gs’ ‘Bond’ well,whether we like it or not ! 523 in ‘G’ermany’s Parliament voted overwhelmingly today in favour and just 85 against of increasing the European Financial Stability Fund to Euros 440 billion…largely to fund the immediate bailout of ‘G’reece,who
Our Sensex is on a global leash !…and it’s a tight one ! This Morning Asian Markets opened Low so our Sensex on cue was down 100 points….Then Europe markets opened low,so our Sensex was down another 100 at 16750 levels ! So will it be up with the Dow or Dow(n) with it !…we’ll know tom morning
Sensex is on a global leash !…and it’s a tight one! Read More »