In your interest.
Online Personal Finance Magazine
No beating about the bush.
For several issues now, this column has warned that the rally we had seen would be a false one. This has been the case. In the issue dated 5 June 2008, when the short-term decline commenced, we said that the Sensex would fall and probably take support at anywhere between 16,370 to 16,400. At the time of writing this article, the Sensex stands at 16,348. This column makes its forecasts...
Momentum is weak and that has affected a large number of stocks in our momentum list. We are making extensive changes to the grader
Chettinad Cement was up 9% as the government lifted the ban on cement exports via Gujarat ports. Evinix, a small company making fashion accessories, was also up 9%. Satyam rose 7% on the news that the US recession has not affected its European orders....
Refer to ‘Games Politicians Play’ (MoneyLIFE, 5 June 2008). Practically, all politicians have immunity from paying correct taxes as there are hundreds of such cases where politicians have declared and shown wealth worth crores of rupees. But their sources are never made public nor have the concerned government departments made any efforts to find out or select such cases for scrutiny. They go...