The market has turned stormy again;we have entered an uncertain stretch
In our previous issue, I had suggested that since the short-term view can change quickly, it is imperative that you look up our daily market coverage, along with exclusive market articles, on our website www.moneylife.in. We hoped you would know what’s coming. Indeed, writing on 15th January on the website, we had...
The market is struggling to find a path between growth and value
There is a French proverb that says: reculer, pour mieux sauter. It means step back for jumping farther. Is the market in that mode for the short term? In our previous issue, I had said the huge rally that we saw on 23 December 2009 completely obliterated the gathering bearishness of the previous weeks and that this kind of...
A new rally has started on the back of fresh foreign portfolio investment
In our previous issue, I had said, “We have turned neutral but expect a sharp decline soon.” On 11th December, at the time of writing that piece, the Sensex hit a high of 17,352 and immediately came under pressure. Over the next six trading days, it gave up as much as 800 points from that Friday’s high and it...
