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Market Melt-Up Takes Nifty to Reaching Distance of New High

Market investors will rejoice today as the Nifty went up 2.5% to reach 6140, in reaching distance of the all time high of 6312. (Click for larger picture) Note ...

Suckered: Saradha Goes Bust and Frauds Depositors

One more sad story that emerged last week was a chit fund that went bust: The Saradha Group. Taking money from depositors all over the eastern states of Assam ...

Chart: Reliance Posts So-So Results in Mar 2013

Reliance posted results for Q4 2013 yesterday and it wasn’t quite that exciting for me. Market reports were that they “beat estimates” but I think I ...

Infy Drops 20% on Results, See Them in Charts

The Infosys Stock is down over 20% today as results came in. As I mentioned (Chart of Infy on result days) the stock was expected to be volatile – and I ...

Chart: Infy Result Tomorrow, What To Expect?

Infosys’ Results tomorrow will kick off large cap results for the Financial Year 2012-13, and is expected to be a really big thing. The stock was up over ...

Zenith Sarafs Accused of Fraud, Asked to Produce $34 Million Bank Guarantee

SEBI has ordered the Saraf family of Zenith Infotech to produce bank guarantees of $33 million without using any funds of the company. SEBI has found evidence ...

IT Falters, RE Stutters, Auto Flutters

Reuters thinks this is the end of IT Staffing as we know it. They quote a changing scene in IT, with headcount being shrunk while profits and revenues are ...

If you want to do…

I have recently realized that what you see as a “press release” that sounds like it will make the company a juicy buy, might actually have more to say on ...

CobraPost Exposes Wily Tricks of Bankers

Cobrapost has an “expose” on how employees of ICICI Bank, HDFC Bank and Axis Bank have been revealed as “blatantly running a huge Nation-Wide Money ...

The Great Fall of NHPC

I’ve recently had a chance to trade into a few stocks, and one of them was NHPC. Unforunately the stock has crashed beyond imagination, hitting my stop loss ...