Shall we shoot the analysts?

ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...

The Sensex crosses 15,300... and more

“Riddikulus!” That is the antidote incantation used by Harry Potter and his mercurial wizard (and witch) friends to convert the fearsome Bogart monster into a harmless creature. And that seems to be the very charm used by FIIs to convert those innumerable morbid Sensex forecasts – of an impending crash – into historical highs! What else can you say when the Sensex not only crosses the 15,000 mark, but also reaches a never-beforeseen high of 15,341 on July 16, 2007. But then, is it really time for merry-making in Dalal Street or is it too premature a time to be boisterous about the achievement of our spectacular Sensex?

“Long-term prospects remain good apart from a high liquidity presence and a growing appetite of Indian investors, which is likely to keep valuations at stretched levels over the foreseeable future,” exclaimed J. P. Sinha, Director and Head – Research, Ambit Capital to 4Ps B&M. Nikunj Doshi, Fund Manager, Kotak Mutual Fund supported this viewpoint even over the long term to 4Ps B&M, “Both fundamentals and liquidity are favourable right now for India. The positive undertone will continue in the coming years.” Then what was it with all the socalled experts shouting hoarse about over-valuations? “Look at this perspective – it was only a few weeks back that inflation was dangerously high and interest rates much higher! How could any sane investment analyst have supported the theory of spectacular Sensex growth then?” defends Amit Saxena, CEO, Planman Financial, to 4Ps B&E.. Truly, macro-economic factors are more conducive today than before. And with inflation and PLRs seemingly down, the day is not far when the Sensex thunders further ahead. And then? Let’s just shoot the analysts, shall we .

Edit Bureau: Sunanda Roy

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Source : IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Wa’gon R my troubles

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The Wagon R is a small car, but trustworthy!

My Wagon R gives me the freedom of mobility, convenience and power. I think I’ve had some of my most creative ideas whilst I’ve been in my car – the smoothness, consistency of performance, adaptability – all help in removing stress and tension. The car allows my mind to relish and enjoy the ride. Music is the way I love to unwind after a long day and my rides to and from my workplace are really the time I get to be by myself. Since I work in the heart of the town and live almost 20 kms away, the commuting time is almost an hour each way. Most of these days, 2 hours are used to plan, to schedule and also to catch up with myself. For six days of the week, my car and me are on a journey – sometimes of bonding, sometimes of discovery.

My car has also been an inevitable companion for fun times with friends, relatives & colleagues. These are special moments which are memorable. My trips out of town by road, whether on work or on holiday – to Jaipur, Chandigarh, Dehradun or to the hills are all journeys made possible due to the hassle free assurance of my car. In fact, one incident comes to mind. I had gone to Jaipur on a shoot. The crew was following me in a larger, fancier car but midway they had a break-down which took a while to get sorted out. Thankfully, my car gave me no trouble because of its easy maintenance. For me, it has been a three-year long trustworthy love affair between my Wagon R and I.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
The Sunday Indian - India's Greatest News weekly
IIPM, ADMISSIONS FOR NEW DELHI & GURGAON BRANCHES
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ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
IIPM Economy Review