1. CAG has submmitted that IOC, NTPC, ONGC have understated their profit ernings by 1800 crores. Where did the money go ? No wonder the FM is not yet ready for PSU disinvestment roadmap, probabely waiting for the next Election.
2. Deepak Parekh states that the Realty Sector lost Rs. 10 Billion during the last year and it took them 3 years to accummulate 25 Billion.
3. Australian study says 2009 is going to be an El-Nino Year ( Unpredictable weather pattern with extreme catastrophic behaviour of mother nature round the Globe )
4. Weak Indian Monsoon has already been spelt out ( That does not mean there will be no rain .. It may rain but heavily after the Monsoon is over when the crops are all burried....)
5. The Energy Minister has already spoken of power shortage.
6. Ambani Bros are upto their tricks yet again.. Bickering. Mukesh appears to less tolerant of the two !
Some more cues for a better market? This is not a Doomsday Prophecy.....
It is only sentiment ridden now. So what will be the trend depends on the big houses. They always make money and will keep on doing so but .... probabely only after shaking off the small fries.
But on a longterm India and China are the hot destination for investment. But where to invest in India when the Govt. thinks of running business enterprises instead of concentrating on good governace.
In a way Mayavati could have been a better PM ! PSU's could have gone for open walkin auction for price and i:e one statue each infront of each of their offices.
Sometime No Trading Is Happy Trading.
2. Deepak Parekh states that the Realty Sector lost Rs. 10 Billion during the last year and it took them 3 years to accummulate 25 Billion.
3. Australian study says 2009 is going to be an El-Nino Year ( Unpredictable weather pattern with extreme catastrophic behaviour of mother nature round the Globe )
4. Weak Indian Monsoon has already been spelt out ( That does not mean there will be no rain .. It may rain but heavily after the Monsoon is over when the crops are all burried....)
5. The Energy Minister has already spoken of power shortage.
6. Ambani Bros are upto their tricks yet again.. Bickering. Mukesh appears to less tolerant of the two !
Some more cues for a better market? This is not a Doomsday Prophecy.....
It is only sentiment ridden now. So what will be the trend depends on the big houses. They always make money and will keep on doing so but .... probabely only after shaking off the small fries.
But on a longterm India and China are the hot destination for investment. But where to invest in India when the Govt. thinks of running business enterprises instead of concentrating on good governace.
In a way Mayavati could have been a better PM ! PSU's could have gone for open walkin auction for price and i:e one statue each infront of each of their offices.
Sometime No Trading Is Happy Trading.
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