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Day: August 9, 2013
In today’s Mint, Uday Kotak, one of the shrewdest people in India, explains:
“Frankly, the Indian markets have become like two markets-companies which will get FII money and companies which will not-and bulk of the savings in the equity markets are coming from FIIs.At this stage, the list of companies where FIIs are seriously interested is about 50.So in a 7000 company market there are 40-50 companies which are getting FII money.”
So to know what FIIs and other top investors are upto, subscribe to the Investor Wisdom Newsletter today !
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Linkfest:Aug 09,2013
Some stuff that I am reading today morning:
Biryanis over dead soldiers (Mediacrooks)
New set of Rs.100 Crore homes rise in Mumbai (Mint)
Registration of lease deeds,Power of Attorney to be made compulsory (ET)
Sugar industry in a fix ahead of polls (Hindu)
The growing popularity of having surgery overseas (NYTimes)
Don’t confuse uncertainty with risk (CapitalSpectator)
How much should you care about past performance of mutual funds? (MorningStar)
Bill Gross-War Time Bond Manager (WSJ)
What a rotten idea, Sirji (HeartRanjan)
Confessions of a Social Media addict (BlogAdda)