We had earlier suggested that the important support levels for the Sensex were 17,000-17,500 and then at 15,500. At the time of
writing, it had already fallen below this level; now keep your eye on whether it closes above 15,500 for the week-ended 21 March 2008. The trendline that connects 6,154 (week-ended 29 April 2005), 7,685 (week-ended 28 October 2005), 9,810 (week-ended 9 June ...
In 2001, Jeremy Siegel, a professor of finance, known as the “Wizard of Wharton” was reading a book on stock returns, titled Creative Destruction: Why Companies That Are Built to Last Underperform the Market – and How to Successfully Transform Them. The authors, Richard Foster and Sarah Kaplan, partners of consulting company, McKinsey & Co, had laid out an indirect rebuttal of the
work...
Play safe with stocks, avoid 'expert' opinion and be ready to change your opinion quickly, suggest Debashis Basu & Shailendra Lotlikar
The newspaper headlines are looking ominous. Software companies have slowed down their hiring. BPO companies are in a panic. Footfalls are not enough for malls to make money. There are no takers for expensive real estate. Company managements have been caught...
