Monday, October 29, 2007

20-20@Sensex

Last 1000 points rally in just 2 trading sessions....journey from 17k to 20k in no time....
Well its 20-20 here @ Sensex.Sensex touched an intraday high of a historical landmark 20K yesterday.With the way the Indian markets have performed in the recent times its evident that we are in the strong bull market.In this leg of run every time the markets have surprised us on the upside(just like the Indian cricket team winning T-T world cup) .
Indians have a reason to be proud. Hattsoff to the captains of the industries like Ambanis,Murthys,Tatas and so on who have delivered the goods time and again.
The kind of bull market we are witnessing is not new to the global markets. We have an example of Japan where the bulls went on a rampage from 1500 to 40000 and took the economy into a totally new era.
Remember we have a long way to go . There will be violent corrections during this journey and it will test all of us.We have already seen that during this journey and we have also learnt that one cant time the markets but I still believe that there is life beyond 20k .
Wishing you all a Happy Diwali
Happy Investing.

Wednesday, October 17, 2007

The P-notes Panic...

Right on the opening bell we have witnessed a 10% lower circuit on NIFTY/Sensex. This has happened for the third time in the history of the Indian stock markets when the markets hit the lower circuit and remain closed for specific duration during the trading hours. This was expected on the back of SEBI's proposed move on p-notes participations for FII's.

As per FM this step is one of the series of steps that has been taken to moderate the capital inflows into the India. If Investor thru participatory notes wishes to register as FII to invest in India they are welcome.

This raises a number of questions:
1.Is this a right channel to moderate capital inflows?
2.Is it really possible to moderate capital inflows into countries like India where the bulls are on your side?
3.What if tomorrow the face of the games is changed and the bulls are no longer here? In this case the country would be eager to get the capital inflows.

I think what we need at this time is a really healthy analysis of the current situation from SEBI,FM & RBI and long term plan to address the identified issues which will create a win win situation for everyone .

Thursday, October 11, 2007

Markets & India Unleashed...

I think the markets are a sum of valuations,sentiment,liquidity, economy , economic policies & so many other factors.
All these factors drive the markets.Most of the times in short term the markets are driven by liquidity and sentiments however in the long term the markets are driven by valuations, economy etc.
Given below are the various types of markets:
http://www.e-articles.info/e/a/title/Types-of-Financial-Markets/

According to investopedia a stock market is the market in which shares are issued and traded either through exchanges or over-the-counter markets. Also known as the equity market, it is one of the most vital areas of a market economy as it provides companies with access to capital and investors with a slice of ownership in the company and the potential of gains based on the company's future performance. This market can be split into two main sections: the primary and secondary market. The primary market is where new issues are first offered, with any subsequent trading going on in the secondary market.

All about stock markets @http://en.wikipedia.org/wiki/Stock_market#History

Size of the markets:Analysts at Merrill Lynch estimate that equity markets in Brazil, Russia, India and China represent only 4 percent of world market capitalisation compared with 44 percent for the U.S. equity market alone.

Indian markets have come a long way in the last 5 years so as the Indian economy. Dalal street has taken the place of Walstreet and its not the NYSE , its the NSE which is hot now.
Just to provide some statistics:
Sensex Journey from 1k to 18k:
1,000 pts — July 25, 1990
2,000 pts — January 3, 1992
3,000 pts — February 29, 1992
4,000 pts — March 30, 1992
5,000 pts — October 8, 1999
6,000 pts — February 11, 2000
7,000 pts — June 20, 2005
8,000 pts — September 8, 2005
9,000 pts — November 28, 2005
10,000 pts — February 6, 2006
11,000 pts — March 21, 2006
12,000 pts — April 20, 2006
13,000 pts — October 30, 2006
14,000 pts — December 5, 2006
15,000 pts — July 6, 2007
16,000 pts — September 19, 2007
17,000 pts — September 26,2007
18,000 pts — October 9, 2007

India is long term growth story and one of the Strong economies in asia. The amount of of FII money coming into the Indian markets tell us the fact that this is India unleashed and even the world believes in India growth story.Its time for us to analyse and recognise this performance and work towards strengthening the India growth story.

Chak De India !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Wednesday, October 3, 2007

Marathi Rangabhoomi

Gelya Athawadya mi lagopath 6 marathi chitrapat baghitle.....
Shwaas,Yanda Kartavya Ahe,Dombivali Fast,ShubhaMangalaSavdhan,Aga Bai
Areeccha ani Ashi hi BanvaBanvi..........

Navin chitrapatatil navinya (direction/music/storyline) pahun mi 1dum
bharawun gelo.......
Nakkich marathi rangabhoomi pragati karat ahe asa vattay.
PuneMumbai sarkhya shaharanmadhe chitrapatanbarobar matahi rangaboomi
gajawanar mhanaycha jhala tur tyamage Marathi natkancha motha hat.
Aaj jur apan swatahla prashna vicharla ki " Bollywood samor Marathi
rangabhoomiche astitwa kay?" tur aplya samor barech prashna nirman
hotil...pun shevti uttarhi aplyach jawal ahe........

Majhyamate aaj marathi rangabhoomila garaj ahe ti marathi kalakaranchi ,
prasaran madhyamachi ( satasumadrapar athwa wegweglya kanakopryatlya
marathi rasikala ajchya internet chya yugat he sahaj shkya hoil) ,
pratisadachi ..ani kitteyk asha goshtinchi jyani apan hi marathi
rangabhoomi Bollywood-Hollywood chya ya yugat apli "Identity" banavel.

1 Kal asa hota jeva marathi rasik mandali marathi rangabhoomijawal yet
hoti....pun ata kal badallay...ata vel ali ahe ...Ya Marathi
Rangabhoomilach marathi raskanparyanta pohchawnyachi....

Tur Mandali Marathi Rangaboomi baddal aaple kay mat ahe?

Apla Marathi Rasik,
Nitin Mahalle

Wednesday, April 11, 2007

F R I E N D Z

A person is only complete when he has a true friend to understand him, to share all his passions and sorrows with, and to stand by him throughout his life. I thank the stars above for bringing all of you into my life , as it is indeed very true , that my life seems to be much more wonderful and so very complete when I am with u.