The markets are willing to pay some extra bucks to hold the rate sensitive sectors and the worst effected sectors in case of growth slowdown. The Inflation effects the most when the rise continues, markets throw for a toss sectors gained the most in this week. In my earlier write-up motioned that “Let the Under Performers perform…….
The markets gained confidence in the economy and the good time to pick up the rates sensitive sectors like auto sector, Reality and the beaten down financial institutions along with cement and Sugar gained most when compared to last week closings at F&O when the Nifty gained only 2.5 percent.
The Maruti added 16% growth on WOW, Ashok Leyland added 14.7% Bajaj Holidings gained 14%, Tata Motors added 11.7% and M&M by 10%.
The IDBI added 15%, HDFC Bank by 13%,ICICI, Kotak, IndusInd and Indian Bank gained more than 11 percent.
The cement majors like Grasim gained by 10%, Ultracem by 10.8% and India cements made a 9.34% growth on WOW.
The reality sector and the Sugar stocks added value in the second week running. The stocks like Essar Oil and Aptech gained more than 15% deserves a special mention.
The weakening sectors/ some are making consolidation at the lower levels-the prominent are the Tata Steel,, Nalco, Bhushan steel, Jindal steel, RIL, RPL, Siemens, I-flex, Rolta and pharma majors like Lupin, Bio-con and STAR.
Please provide your ideas and analysis in the “Comments”.
I request the readers to place their ideas for others sake and encourage the others to learn-“the right information dissemination at the right time”
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The STOCK-TRADING is a “Skill-FULL Job”. NEVER blame others for the LOSS/DEALS.
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Saturday, August 09, 2008
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He was also the first person to relate the tale of the Old Man of the Mountains dwelling in Kurdistan. Having built his stronghold in the mountains, this charlatan known as Aloadin, built a garden to resemble that of the prophesied Islamic garden of Paradise. He caused streams of wine, milk and honey to flow through it and imported courtesans skilled in dancing, singing and ‘amorous allurement’.
Then the Old Man of the Mountains drugged his followers with opium and hashish and dragged them off unconscious to his garden:
“Upon awakening from the state of stupour, their senses were struck with all the delightful objects that have been described and each perceived himself surrounded by lovely damsels, singing, playing and attracting his regards by the most fascinating caresses, serving him also with delicate foods and exquisite wines, until intoxicated with excess of enjoyment amidst actual rivulets of milk and wine, he believed himself most assuredly in Paradise”
He then drugged them again and brought them back to the palace. The Old Man of the Mountains explained that it was he who held the keys to Paradise and if they obeyed his every whim then he would guarantee them a place. Having lost the fear of death, these young men became daring assassins(originates from the ‘hashish’ Aloadin gave them) and they were sent to execute anyone who got in Aloadin’s way.
The Old Man of the Mountains ruled in terror for over two hundred years, the title passing on to each successive ruler.
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