The market continues to struggle to find a direction

In my previous column (titled ‘Nice While It Lasts’), I had said that while the main indices have run up by 23% on the hope that the government will put through “reforms” and the fall in oil prices will help. At the current stock prices, these factors are somewhat factored in; and, at best, we will get a move back and forth. “Specifically,...

Here are some stray thoughts for you to read and share with your readers. Returns in the market are directly proportional to your luck: Ask those who sold Aban Lloyd early. Hindustan Unilever runs a great business. I bought the stock at Rs311 and sold it at Rs115 only to see it go up to Rs220. A good scrip at a bad price or a bad scrip at a good price – you know it only with hindsight....