Did you know that if you are dealing with a non psu bank, you are dealing with a foreign owned bank. India registered, oh yes, but foreign owned. Did you know that airlines will soon be owned by foreign capitalists? that the retail will soon be opened up for the Marks and Spencer? and the […]
Subramoney.com is a blog / website written by P V Subramanyam a past member of the stock exchange and has a reasonable working knowledge of the equity markets. He has been a trainer in banks, life insurance companies, mutual funds and brokerage houses, and claims he knows how many of these organisations work. He has […]
Yesterday I met a guy who has been a bear for a long time…Last year Dec 2011 he had told me the following: 1. Volumes will shrink in 2011, and a few brokerage houses will go down. 2. I had asked him “Is Reliance a good buy at about Rs. 12oo”. He said why not […]
There are somethings which I have not been able to understand, will somebody explain please? if 70% of the shares of Hdfc bank and Icici bank are held by FIIs, how are they Indian banks? if 100% retail is allowed to sell mutual funds and life insurance, why not tomatoes and jewellery? if a public […]
I receive so much of advice these days on my inbox, that I would die if I read them all. So sorry I stick to a few people whom I can talk with, and reports I ignore. I do read reports of 2-3 brokerage houses – only if it is not STOCK SPECIFIC. One topic […]
Mr. Sushil Kumar has just won Rs. 5 crores (R -s. 50 Million) on the KBC – Kaun Banega Crorepati! (for those who do not know, this is the Indian version of Who wants to be a Millionaire). Let us see how it can help Mr. Sushil Kumar in his life. He is currently a […]
People keep asking me ‘Have the markets bottomed out?’ To me the answer is NO. I am not saying that you should wait for the bottom – I have my shopping list and have already bought some shares, but no we may not be at the bottom. Friday was a shopping day..and I did buy.. […]