Gujarat Polls

Gujarat Assembly Poll - Phase I got over yesterday. Election commission banned publishing of polling details for the reasons best known to them.

Media all out to see Modi falling down. I personally feel, Modi would scrap through.

If at all Modi loses, congress would gain strength and coalition partners might go slow on pressure tactics on issues like Sethu, Nuclear deal. Otherwise, we will certainly see a most populist budget. That would be a worst ever show of P.Chidambaram as FM.

Indian Cricket Pitches

We have heard enough stories about re-laying of pitches, getting international help to improve pitches, BCCI allocated some funds etc...

But, one cant find any improvement when we watch cricket.

If one takes the argument of spin bowling, we could not get the opposition out consistently. Pak series didnt have any great exciting moment for bowlers.

Why ICC is not taking any action on BCCI can be understood. They want money from continent and does not care of quality of cricket being played.

Rally in US Stocks

US Stocks rallied strongly from 12800 levels to 13600 levels in the last 10 trading sessions. Citibank's stake sale, Expectation of holiday sales, government's consideration in ARM helped this strong rally.

But caution is the buzz world. Stock market normally reacts very fast to expectations but economy would take time its sweet time to react. For DJIA 14000 would act as strong resistance and 13000 would act as strong support. The trend would be very clearer by end January 08.

Raining Here

It is raining heavily in Chennai. I am enjoying the rain view from my cabin with potato chips :)

Indian cricket's new coach

BCCI seems adopted contrarian approach when it selected Kirsten.

why contrarian?

Whatmore was selected for NCA. But he was well known for his coaching skills.

Kirsten is just a former player who had no previous experience of coach. But he was appointed as coach without any major competition.

Are you puzzled with approach. Never mind. Probably, BCCI is different.

Outlook for Stocks - Dec 07

Markets would be relatively less volatile and stable this December.

Select Mid-cap and small cap stocks would outperform normal market. DLF & Reliance would be stocks to watch out for in Dec 07 for uptrend. Amararaja, IVRCL Infra could surprise.

Tata Motor might do well due to acquisition talks.

Music Academy - Chennai

I was in Music Academy on Nov 30, 2007. I last went there on Dec 31, 2006.

I didnt like it one bit. The digital clock was not running properly and could not make out digits. A/c was low.

The seats are highly uncomfortable. No space to lean back or stretch the legs.

It might have got constructed long back. But the present administrators should do little to improve things. It clearly looks like they lost interest in providing good facilities for people who walk into their auditorium.

Sad to see the iconic status of that place losing sheen and scores of people who would visit in December would feel the pinch.