Modi’s win was declared on 16 May,2014 and he is taking the oath today.
5 Penny Stocks (Kutta-Billi in Dalal Street parlance) that rocketed in this short period are given below:
| Symbol | Close on 16 May,2014 | Close on 23 May,2014 | Gain |
| MIC | 3 | 5.65 | 88.33% |
| MOSERBAER | 4 | 7.55 | 88.75% |
| SELMCL | 3.3 | 6.25 | 89.39% |
| ANDHRACEMT | 6.05 | 11.5 | 90.08% |
| TULSI | 4.55 | 8.65 | 90.11% |
Some stuff I am reading today morning:
Absolute returns LOL (TRB)
Gujarat based stocks high on Modi (BS)
Modi plans to clean 1000 Indian towns (ET)
Stage looks set for lower bond yields (Mint)
An asset that can’t be taken away (BL)
50 Blogs every serious trader should read (TraderHQ)
Why I am fading the demographic bull market in passive investing (Csen)
How gold helped Iran avoid defeat by the US (DailyReckoning)
Getting back to our roots (MediaCrooks)
Thailand:Sell on the protests,buy on the coups (Quartz)
This movie scene from Satyajit Ray’s Jalsaghar is one of my favorite movie scenes.
It contains some of the finest music and Kathak performances depicted on the big screen.
But what makes the scene subliminal for me is the ending-brings out the difference between the class of old (but vanishing) wealth and the vulgarity of new money.