Categories
Links

Linkfest:June 27,2013

Some stuff I am reading today morning:

Why I sold out my portfolio completely (Prashant)

India is screwed (Firstpost)

Maharashtra mulls audit of every building (BS)

Tatas to pump 48,000 Crores into unlisted infra firms (Mint)

Falling rupee to offer no respite from FII selloffs (ET)

A SUV under Rs 6 Lakh-Ford Ecosport (Businessline)

Another ugly day for gold (Moneybeat)

Return to paradox-Another flight to Treasuries (DailyReckoning)

The overconfident investor moves markets (Yahoo)

Following the Fed (BigPicture)

Categories
People Video

Best Story Ever:Jackie Chan in a fight with Bruce Lee

Categories
Observations

Naren of ICICI Pru joins the chorus

I had blogged earlier about how the next sector to be touted will be those of export oriented companies.

Sure enough, S Naren of ICICI Pru made the following statement”We have always believed in exports as a theme.We took this call over the past two years and could
consider adding to exporters of technology, pharmaceuticals,
auto parts and textile”, he said, without naming any companies.

Watch out for more and more fund managers join the chorus.

Categories
Mumbai TEDTalks

The iconic heroes of the Taj Hotel,Mumbai

Categories
EducationStocks

Education stocks fail in 2013 YTD

This post is in continuation of my 5 Stocks Series (see here)

Education stocks have failed big time in 2013 YTD as can be seen from the table below:

Symbol Close on 31 Dec 2012 Close on 25 June 2013 Loss
APTECHT 67.45 62.2 -7.78%
CAREERP 172.95 88.45 -48.86%
COREEDUTEC 317.3 26.95 -91.51%
EDUCOMP 139.6 34.05 -75.61%
EVERONN 128.9 31.75 -75.37%
MTEDUCARE 126.75 92.55 -26.98%
NAVNETPUBL 65.15 58.4 -10.36%
NIITLTD 28.45 19.55 -31.28%
TREEHOUSE 265.65 245.5 -7.59%
USHAMART 32.95 23 -30.20%
ZEELEARN 30.15 16.65 -44.78%