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Author: Raoji
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Linkfest:Sept 06,2013
Some stuff I am reading today morning:
Why some foreign investors are buying India (ET)
Jharkhand scam accused stakeholder in NSEL firm (Mint)
Reliance may be denied price hike for D1 and D3 gas (BS)
Transcript of RBI Governor’s press conference (RBI)
Why the taxman may send you a demand notice (OneMint)
Home-Buying:Why 20:80 scheme is unsafe (BasuNivesh)
Buffett called the End of the Baby busy (Moneybeat)
Research:212 years of backtesting momentum (SSRN)
Microsoft’s turnaround became 30% more difficult (InstitutionalInvestor)
Hunting Season-Phase 2 (Mediacrooks)
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Its a crazy market out there
YES Bank up 22% ,…. Such gap ups make difficult to trade.. Axis, SBI up 10-15% .. Short Covering in beaten down names
— Nooresh Merani (@nooreshtech) September 5, 2013
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Chart:Asian Equities Performance
Hat Tip Sunil Dhall
This post is in continuation of my 5 Stocks Series (see here)
Long Term Lenders were big winners yesterday as can be seen from the table below:
| Symbol | Close on 3 Sept,2013 | Close on Sept 4,2013 | Gain |
| PFC | 106.65 | 110.35 | 3.47% |
| IFCI | 18.6 | 19.3 | 3.76% |
| RECLTD | 164.7 | 175.3 | 6.44% |