This blog will express views on Indian Stock Market, Wit, Chennai, Travel, Reflections, Current affairs, Music, Movies and photography. Emotions are reflected through some film lyrics which get posted regularly. I am Jack of all trades and trying to become master of few ! :) Hope you will end up liking the blog.
Showing posts with label Season's Greetings. Show all posts
Showing posts with label Season's Greetings. Show all posts
Wednesday, December 22, 2010
Wednesday, November 3, 2010
Happy Diwali - 2010
Wednesday, April 14, 2010
விக்ருதி ஆண்டு
என் இனிய தமிழ் புத்தாண்டு நல் வாழ்த்துக்கள் ... விக்ருதி ஆண்டு எல்லா நலன்களையும் எல்லோருக்கும் தர வேண்டுகிறேன்...
Thursday, December 31, 2009
Happy new year
I wish everyone a happy and prosperous new year... Pray this 2010 bring you loads of happiness to you and your family...
Wednesday, December 23, 2009
Friday, October 16, 2009
Happy Diwali 2009
Folks.,
Wish you all a very Happy Diwali this year. Have fun, be merry.
May your Lakshmi Pooja bring you lot of prosperity.
With Warm Regards., Vijay Ganesh.
Wish you all a very Happy Diwali this year. Have fun, be merry.
May your Lakshmi Pooja bring you lot of prosperity.
With Warm Regards., Vijay Ganesh.
Thursday, August 13, 2009
Is Indian stock market immature?
Is Indian stock market act immature? This is the most lingering question i have. Our market lacks depth - that is for sure.
But immature? you might question....
i will explain this with two examples now...
1. Hindustan UniLever Q1FY10 schduled on July 28th. The stock prices was hovering around Rs.300 up from Rs.250 before 30-45days. CNBC's earnings estimate was 615 crore (10% up) and the earnings announced was Rs.543 crore vs Rs.558 crore.
Stock crashed from 303 to 270 in flat 20minutes. Lever was one of the heavy weights and this violent behaviour was unwelcome for a index stock.
2. Sesa Goa couple of days ago was trading at 250 levels. Government wanted to impose 10% royalty on iron ore mining activity - the news got flashed in cnbc. Sesa Goa plummeted to Rs.225 in the next 30min.
It is common for governments to levy royalty to mining companies world over. Is our analysts or traders not aware of this?
Both these recent cases confirm that indian stock markets lack depth, maturity and they simply over react with some herd mentality behaviour and our market participants lack contrarian view.
But immature? you might question....
i will explain this with two examples now...
1. Hindustan UniLever Q1FY10 schduled on July 28th. The stock prices was hovering around Rs.300 up from Rs.250 before 30-45days. CNBC's earnings estimate was 615 crore (10% up) and the earnings announced was Rs.543 crore vs Rs.558 crore.
Stock crashed from 303 to 270 in flat 20minutes. Lever was one of the heavy weights and this violent behaviour was unwelcome for a index stock.
2. Sesa Goa couple of days ago was trading at 250 levels. Government wanted to impose 10% royalty on iron ore mining activity - the news got flashed in cnbc. Sesa Goa plummeted to Rs.225 in the next 30min.
It is common for governments to levy royalty to mining companies world over. Is our analysts or traders not aware of this?
Both these recent cases confirm that indian stock markets lack depth, maturity and they simply over react with some herd mentality behaviour and our market participants lack contrarian view.
Wednesday, December 31, 2008
Welcome 2009
Hey 2008
You Entertained us in fancy Olympics
Excited us with Abhinav Bindra
Fancied us street smart Dhoni
made us to realise the fighting spirit of Saina
You gave us so many problems
Showed us the reality
Made us to face turbulence
United us in deadly attacks
Good bye 2008, never learned so much in one single year !!!
Welcome 2009
Just make us to feel comfortable !
Saturday, October 25, 2008
Wednesday, February 6, 2008
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