History was made on the stock markets on Monday, the 18th May 2009. Immediately on opening, the Sensex surged 1,305 points and touched 13,479. This triggered the circuit breaker and trading was halted till 11.55a.m. Trading was resumed at 11:55 am after the 2 hour break but a further jump and the breaching of the 20% circuit breaker meant that trading was haled for the day. In all, the sensex gained 2099 points and touched 14,479.
Well, Failure can definitely change your perspective. When your investments go bad, the unthinkable can happen. Even Warren Buffet, the most revered and successful of investors can be termed “Idiots” by other market participants eager to savage the more vulnerable ones.
The judgement of the Bombay High Court on 15th June in the Anil Ambani’s Reliance Natural Resources (RNRL) dispute against elder brother Mukesh Ambani’s Reliance Industries (RIL) brings to an end the second round of the high-stakes legal battle over a gas supply and pricing agreement.
I am blessed by Mata Sikotar. I have divine powers. I can treble your money. If you give me one lakh today, I will give you three lakhs next week.
Ramesh Damani deserves to be applauded. He is a man of scruples. His conscience is in the right place. And he is not afraid of saying “Sorry, I got it wrong this time.” The same cannot be said for all the other dooms day sayers like Shankar Sharma and Devina Mehra who, like Damani, had also predicted a dire future for the market.
LIC Housing Finance Ltd is one of the largest housing finance companies in India having one of the widest networks of 130 marketing offices across the country and representative offices in Dubai & Kuwait. It was promoted by Life Insurance Corporation in 1989 and a public issue was made in 1994. The main objective of the Company is providing long term finance to individuals for purchase / construction / repair and renovation of new / existing flats / houses.
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