A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
The Nifty closed at 4040 today.One of India’s leading Brokerage Houses,Edelweiss, expects a 25% surge to 5000 by September 2008.It prefers to see the India Glass as Half Full in it’s latest India Strategy Report ! Wise or Unwise but Edelweiss has committed this forecast. Sometime ago I had the pleasure of training their two batches of …
Edelweiss forecasts a Nifty bounce back by 25% to 5000 this quarter Read More »
On July 22,2008 if the UPA fails to win the trust vote on the Indo-US N-Deal in the Lok Sabha it will herald early general elections later this year and everything would then be on hold and you’ll see the Nifty and Sensex slide further…pretty quickly to. If the UPA wins the trust vote by mustering …
Hedge your Equity Portfolios this week…Critical Trust Vote on N-Deal on July 22,2008 Read More »
Sensex has reacted sharply by over 200 points and trying to stay above 13700 at 12.49 pm as the following 3 I’s take effect…further reaction expected Infosys declared quarter ended June 2008 numbers on expected lines today but did not raise Dollar EPS guidance significantly….only a cent higher to a range of US $ 2.32 to US $ 2.36.Share Price …
3 I’s…Infosys,Inflation and IIP Numbers announced today weakens sentiment further Read More »
On Cue,following Dow’s 2.08% fall yesterday,the Sensex opened lower this morning at 13861.60 only to quickly regain ground to cross 14000…Don’t get taken in by any rally…remember it surged to 18000 after dropping below 14000 earlier this year…there is going to be some more pain as financial earthquakes will continue to rock USA and cause severe …
SENSEX notched a gain of 615 points or 4.6% to close just under 14000 at 13964 yesterday The Dow Jones Industrial Average lost 237 points or 2.08% to close lower at 11147 yesterday Expect the SENSEX to wipe off yesterday’s gains today…Other Asian markets too have opened lower on cue this morning