A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
“ The difference between perseverance and obstinacy is that one often comes of strong will, and the other from a strong won’t ” From 16000 and 4900 respectively are the Sensex and Nifty Persevering to Move Up or are they Obstinate not to Move Down!? As I blog @ 1 pm the Sensex is 16364 and […]
When Pranab Mukherjee rambled his Union Budget Address mid March 2012,he announced a lower Oil Subsidy Target for FY 13,indicating that a Price rise in Petrol was inevitable….It’s come a little over two months later just as the Summer Session of Parliament has ended….Petrol from today is in the range of Rs 73 to Rs
Just a Thought…. Ironic ~ From being Toasted to being Roasted ~ Manmohan Singh as FM in 1991 deliberately dropped the Rupee 18% overnight and it moved to Rs 27 to the US $….It was the dawn of Modern Reforms that he ushered in and was Toasted for it…..now as PM in 2012 the Rupee
On the Face of it Never Judge the Book by It’s Face !….that’s the lesson learnt from Facebook’s lack lustre Listing yesterday Facebook IPO Price Fixed at US $ 38…Historic Nasdaq Listing sees Record Volumes and Underwriting support to not let Price drop below US $38…Quotes were expected to cross US $ 50…Never happened….Instead FB
I’m inclined to side with Shah Rukh Khan …v/s MCA…I blogged on this in detail yesterday…and why IPL Chairman and Minister of Parliamentary Affairs,Congressman and ex Journalist and TV Anchor Rajiv Shukla may too just side with him ! The Issue is already Political….Laloo Prasad and Kirti Azad side SRK…even Mamata Banerjee,the CM of West
Issue Size 9978503 100% Cumulative Bid Quantity 223120 2.24% IPO of Speciality Restaurants Ltd Opened yesterday to a Poor Response…Even on the second day today as at 5 pm the Issue was subscribed just over 2% from data culled from the BSE and NSE websites as reflected above …The Pricing is in the Band