Some stuff that I am reading today morning:
Internet could contribute 100 Billion $ to India’s GDP by 2015 (WSJ)
Ratan Tata:A journey in four stages (Mint)
Ambit Cap sees big reallocation to India (MoneyControl)
Now one person can start a company (BS)
How I backpacked my way to being an entrepreneur (Rodinhoods)
How I quit my job and found myself (SafalNiveshak)
Cash for gold loans hide shadow banking risks in India (Bloomberg)
The road to mastery for traders (AdamGrimes)
US is still the best of the bunch (DailyReckoning)
Gift giving guide for the traders in your life (BigPicture)
The Adani group has always been percieved to be close to Narendra Modi.
It is interesting to see how this perception plays out in the stock markets.
The Gujarat elections ended on 17th Dec, 2012.As soon as it ended, news channels started predicting a landslide win for Narendra Modi.
This seems to have acted as a tonic to the Adani group stocks.
In the last two days alone, check out the performance of the Adani Group:
Would be interesting to see the performance of the Adani group once the results are declared tomorrow.
Some stuff I am reading today morning:
Cargill to invest Rs.500 Crores in India biz (BusinessLine)
I am scared,I am a single woman in Delhi (WSJ)
Gujarat bookies bet against Modi (ET)
Vijay Mallya offers 3 kg gold to Lord Venkateshwara (FE)
How political wranglings is killing a power plant (BS)
Shekhar Gupta-Walking too fast ? (Mediacrooks)
The one big learning of 2012 (OneMint)
Turnaround Tuesdays (NASTrading)
Passing on life lessons (WSJ)
Stocks that doubled in 2011 crushed the market in 2012 (Ivanhoff)
Realty stocks seems to be back in focus for punters in the market.
We have stocks like Ashiana Housing and Kolte Patil at 52 week highs.
Kolte Patil is especially interesting…it has zoomed by nearly 70% in the last one month alone (16 Nov-18 Dec)
Thats whats makes the Indian equity markets so exciting…there is never a dull moment !
Readers may be interested in knowing that Crisil is conducting a free webinar tomorrow on select real estate companies.According to them, “these select real estate companies are at historical low valuations and offer strong upside”
The companies are Ashiana Housing Ltd , Bhartiya International Ltd , Nitesh Estates Ltd ,Parsvnath Developers Ltd and The Phoenix Mills Ltd