A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
The Name ‘Reliance’ is a misnomer and misplaced ย here….and not for the first time either ! Reliance breaks Rs 700 on the downside yet again…Two days ago on May 8,2012 to it recorded ย it’s 52 Week Low of Rs 671 ……this should test conviction of even loyalists Closing at Rs 695,Reliance’s Market Cap is Rs […]
SEBI had tightened IPO Listing Rules in January 2012 to curb first days price volatility and manipulation by insiders….these are now implemented….IPO Issues below Rs 250 crs will be listed on only Delivery basis for the first ten days after listing and will have 5% tight circuit breakers on an equilibrium price discovered in a
Sensex sinks 2.33% and 395 points to close at 16518 ย at 3.30 pm,although the adjusted close is down 366 points at 16546…..retracing all it’s misplaced elation yesterday on deferment of General Anti Avoidance Rules (GAAR) Yesterday the Sensex showed a remarkable bounceback from negative to positive to close near 17000 at 16913 just because FM
Expected Weak Weekly Sensex Opening….drops @ 300 Points and struggling to stay over 16500…French Connection ?ย Socialist Francois Hollande has won the French Presidential Elections beating the incumbent Sarkozy….Hollande is against Euro Zone austerity measures and wants to renegotiate the Eurozone Austerity and Bailout Package…seeks to meet Chancellor Angela Merkel of Germany right away as
Told Son to get his own Car when it came to a stage where I had to ask him for the use of mine ! ” Go Buy a second hand Nano,Son “ ” Dad,Never Buy Second Hand Electronics or Cars !”….”And a Nano !? ย Dad, I’m 6 foot two!” ” What about Second Hand
Never Buy Second Hand Electronics or Cars …. What about Second Hand Marriages !? Read More ยป
The Idea of this Blogpost is not to rub salt on the wounds but to again expose the twins Greed and Fear that characterize our markets …either the two BRLMs grossly overestimated their own ability or they grossly underestimated the intelligence of Investors or both ! IPO of Samvardhana Motherson Finance Issue closed today grossly