Everybody's pre-occupation with RIL & Buyback....not surprising they are the ones who will be most affected...on Monday....It wouldn't surprise me a bit to see some freak rates on many scrips including RIL......!!!
Rumours of Buyback a few days earlier and the huge markup on RIL was all well orchestrated....including the post-result reactions from Udayan, Tulsian & Co.
What was the consensus for Profit...? 4510 Crores & what was the actual Profit declared 4440 crores just 70 crores shy of poll estimates.....notice the reactions we witnessed from Udayan & Co.
"Very Very Bad" repeatedly and Tulsian even went on say will definitely open below 750.... even Buyback was met with disappointing comments about not enough being allocated....!!!
Anyways die is cast.....!!!
Same old cycle shall repeat itself.... where the market opens with a gap-down and then we will have channel soundbites saying how we have run up without fundamentals..... !!!
Truth is we have decent inflow from December onwards..of Long Term Money...that shall still continue...for some more time....& perhaps icing on the cake would be that we close in the green on Monday inspite of RIL
I have always come across as broken record... advising Traders/Investors not to trade scrips in anticipation of results.....but sad part...it is exactly those scrip queries hurled at myself....as if our market has nothing else to buy into...!!!
What was the consensus for Profit...? 4510 Crores & what was the actual Profit declared 4440 crores just 70 crores shy of poll estimates.....notice the reactions we witnessed from Udayan & Co.
"Very Very Bad" repeatedly and Tulsian even went on say will definitely open below 750.... even Buyback was met with disappointing comments about not enough being allocated....!!!
yeh news channel sab bakwaas hain. vodafone case mein pehle judge ka pronouncement sun ke report kar diya ki voda haar gaya. lekin baaki 2 judge ne watt laga di thi!