In your interest.
Online Personal Finance Magazine
No beating about the bush.
Global equities are continuing to move in a lockstep
In the previous issue, I had said that markets had rallied globally on hopes and they will also decline globally on disappointment. We can never tell how far the market will go in a given move. However, we suspected that the Sensex may well go all the way down to 12,000 but not much further, unless there was severe damage to earnings growth...
Don’t blame the Budget. A global downturn is on
Two issues back, we had suggested that the market was about to crack (Moneylife, 2nd July). Also, for a three-year record of our calls, please see pages 42-43. Since then, the market has given up about 1,500 points and is headed down. While investors are looking accusingly at Pranab Mukherjee and his unexciting Budget as the cause for the...
A rally may be round the corner but it will be for nimble traders
Last fortnight, I had said that we might be on the verge of a serious decline. At the time of writing that piece, the Sensex was at 15,238. Within a week, the Sensex was threatening to break 14,000. But, as I write this piece during the last 15 minutes of trading on Friday 26th June, the Sensex had crossed 14,700. The serious...