In your interest.
Online Personal Finance Magazine
No beating about the bush.
At the time of writing this piece, the Sensex has finished higher for four straight weeks. We had mentioned earlier that most of the negative news appears to have been factored in and that the index was unlikely to go down. The least positive news would have been enough to create a sharp rally. This is exactly what has happened. What can we expect now? There is a good resistance at around...
Two years ago, Amgen’s David Beier estimated that the biotechnology industry had lost $100 billion in its three decades, but still enjoyed a stock market valuation of $500 billion. By the end of 2006, experience seemed to elbow aside hope. That year, investors yanked $6.4 billion from funds focused on biotechnology and healthcare in the US, the industry’s capital. They withdrew another $5.4...
Sanjay Sinha, chief investment officer at SBI Mutual Fund, has been one of the most out-standing fund managers in India. An alumnus of IIM Calcutta, he joined the fund in November 2005 after a long stint with UTI where he began his career selling mutual funds. He has seen various market cycles and observed the changing face of the Indian investor over the past two decades. In an interview with...