Posted in March 2009

panch-tattva talk…big losses today

Friends, Today was a day whic people were fearing all through the recent rally. Asian markets lost, our Nifty lost 130 point , European markets have been down and DOW is trading at 7500 (-275) just now. People have again are questioning whether it was a bear market rally. The chartist may say so but … Continue reading

panch-tattva talk…big losses today

Friends, Today was a day whic people were fearing all through the recent rally. Asian markets lost, our Nifty lost 130 point , European markets have been down and DOW is trading at 7500 (-275) just now. People have again are questioning whether it was a bear market rally. The chartist may say so but … Continue reading

panch-tattva talk…G-20 meet

Friends, G-20 nations will be represented by their leaders when they meet in London on thursday this. The meet will resolving some differences of openion between USA and European nation about the need , impact and scope of various stimulus packages announced by various govts. In fact, the financial crisis and the stimuluous packages and … Continue reading

panch-tattva talk…govt borrowing

Friends, The centre would be borrowing Rs 3.62 lac crs in 09-10 which is 56pc higher than the budget estimates for 08-09. The govt will borrow Rs2.41lac crs in first half of next FY. RBI has however announced to buy from banks securities worth Rs 80 K crs. I think over all this should be … Continue reading

panch-tattva talk…a red letter day

Friends, The sensex performed India rope trick and closed up at 10003 points. I am pleased for the guidance provided to you through out the bleak period and painstakingly . Nifty closing at 3082 shows a gain of 12 pc in march series. This has calmed many nerves. The story is still on in the … Continue reading

panch-tattva talk…nifty at 3000

Friends, In a brave move the Nifty has come very very close to 3000. The question doing rounds is whether or not this is bear market rally. I would look at it this way that the bear market definition does not remain the same. The start of the bear market or let us say the … Continue reading

panch-tattva talk…high turnover

Friends, The turnover has more than doubled in cash section over the fortnight from about Rs5800 crs to Rs 13291 crs on NSE on 24th Msrch 08. The Nifty has been able to close at par after scaling high during the day. This is some thing that imparts confidence in present rally. US markets have … Continue reading

panch-tattva talk…unstoppable

Friends, The DoW seems to be unstoppable and why would it stop in light of the fact of biggest ever doses of monetary injection in economy and over-fat packages aimed at stimulating economies scatterred all over the world. The US markets have added close to 7pc to stock values on average last day.It may have … Continue reading

panch-tattva talk…book a nano

Friends, The ‘nano’ has been formally launched in Mumbai’s Zimkakhana Club. Its base model will be priced at Rs one lac and for the rest will scale up to Rs 1.72 lacs. The booking of as many as 5 lac cars is anticipated. Per Booking Form cost of Rs 300 will fatch Tata Motors a … Continue reading

panch-tattva talk…oh my god

Friends, Nifty gained 133 points and closed at 2940. The DOW is trading plus 314 points just now and S and P plus 4.5pc up. This on top of tow week gains. The floating money is doing the trick. It is also improving metal prices. The aluminium has gained more than 15pc in as many … Continue reading