A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
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 »
At 11.55 am,The BSE and NSE reopened after a two hour cooling period after hitting circuits on opening at 9.55 am I’m not even in Mumbai…in Ahmedabad and feeling the Heat in more ways than One ! At 11.55 am the Sensex hit it’s second Upper Circuit at 14272.63,up 2099.21 points from Friday’s closing….up 17.24% The
Mad ! Mad ! Mad ! Monday…Markets hit Upper Circuits again…Trading halted for the Day ! Read More »
What a salute to the Congress and the UPA win in the General Elections ! Sensex saluted with a straight Upper Circuit 10.73% surge on opening…It’s just a shade below 13500….The Nifty had done even better…hitting the second upper circuit of 15% on opening and is over 4200….Markets are to reopen at 11.55 am I
Don’t get influenced and unduly excited by placements of part of their stakes by Promoters of DLF (at Rs 230) and Suzlon (at Rs 77) especially, and of TCS (at Rs 627)…..They have sold shares now as they desperately need funds and can’t raise it any other way……The Credit Crunch and Contraction has simply overwhelmed the corporate sector
DLF,Suzlon,Tatas…Stress Stake Sales at Stress Prices in Stress Times Read More »
What’s got this Sensex so excited that it surged 50% from 8000 to 12000 in two months !? Earnings ? Elections ?…..what’s so exciting ? Nana Chudasama’s Banner on Marine Drive in Mumbai states ” EXCITING ELECTIONS…SURPRISES,SHOCKS,SUICIDES”…….Surely you don’t find Suicides exciting ! Barely had the Fifth and Final Phase of Polling closed yesterday,several Exit Polls came out fast….predictably predicting
EXIT POLLS…EXIT MARKETS ? Read More »
How many times you’ve changed the queue and found that the queue you left started moving faster than the queue you’re now in ! Many swear that in switching stocks they’ve had the same experience !…the stock they switched from begins to move up faster than the stock they’ve switched into !
The Law of Switching…Queue or a Stock…it’s the same! Read More »