In your interest.
Online Personal Finance Magazine
No beating about the bush.
Brace yourself for a decline – and pick up solid mid-cap stocks
From a low of about 8,000 in early March, the Sensex has almost doubled. There seem to be no clouds on the horizon for the markets. Marketmen are looking forward to a Sensex level of 17,000 and beyond. But then, this has been the expectation for quite a while now. Look closer. The Sensex had hit 15,600 on 12th June. At the...
Earnings surprise has changed the basic market complexion
When price is the only tool to understand market movements, there are a lot of sceptics. But when price moves are backed by fundamentals, it is a different story altogether. The rally from 6th March initially seemed to be a correction to the steep decline in February. The global economy appeared in terrible shape. The intrepid...
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...