A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I’m reproducing a blog I had posted nearly two years ago on September 27,2008 on what should be the Investment Strategy going forward….this was contrarion in the face of many experts at the time who were recommending selling at every rise…sentiment at the time was getting gloomier….Sensex had reacted from 21000 in January 2008 to 13000 […]
Switched on my mobile this morning after a few days of tackling a tough Viral…thank you guys for all your “get well” wishes…they worked Listened to the live broadcast on stock channels of Mukesh Ambani at the 36th AGM of RIL this morning in Mumbai rolled out the roadmap ahead for his Group…this are a
It needed a leading Broking House to liven up and entertain us and provide a chuckle while the markets swing around ! On May 31,2010 this Broking House gave a Fundamental Call Report to ‘Sell’ Punj Lloyd at Rs 137 with a down target of Rs 97 On the same day the ‘Private Client Group’ arm
Keep a watch on Bajaj Finserv…it’s the holding company for the Life Insurance and General Insurance Jvs with Allianz Group….It’s at Rs 449 today…52 week High/Low is Rs 557/250 with all time high of Rs 999 reached two years ago in May 2008…FV is Rs 5…Capital is Small at Rs 72 crs….Strong Upward Movement is
I’m Looking Beyond the Financials here…..at the Standard Chartered Bank (SCB) INDIAN DEPOSITORY RECEIPTS (IDRs) Issue….am not inclined to recommend Investment,although the Pricing looks reasonable and it will not form part of the Overseas Investment Annual Limit of US $ 200k per Indian Citizen….probably a contrarion here as all seem to be recommending the IDR….I’m a bit
Sensex just closed down 460.03 points (2.72 %) at 16415.76 and Nifty dropped to 4921.40,down 144.80 points (2.86%) reflecting Global Blues and cues…..Volumes were relatively high and this does not augur too well for the immediate short term…tomorrow’s opening may just be weak too There was red ink all over,with just a few specific stocks