Tuesday, August 5, 2008

My Opinion

About Share Market

Today’s market rally in second half is surprise to me at least. Since almost all Asian Markets were trading low and ended also in red. Like Hang Sang -560, Nikkie – 18 so on.

I think there are 3-4 major reasons for today’s rally. First, yesterday I oil fell more than $ 4 from $ 124+ to $ 120. Second, rise in the bond price led to price sensitive banking sector stocks rally almost 6%. Third, some most beaten down madcap and large stocks seen value buying which led to indexes Sensex to touch almost 15000 and Nifty to cross 4500.

Now US Dow is 200+ after oil drops to $ 118 and some service sector data, which is again good sign for our tomorrow’s markets.

About Khel Ratna Award

Indian Team One day Captain Mr. M S Dhoni got this year’s Khel Ratna award. But I feel before giving it to Mr. Dhoni they would have given thought about Rahul Dravid (Mr. Wall, Mr. Dependable), Sourav Ganguly(Dada) and Anil Kumble(Highest wicket taker in the Indian Test History). Dravid was nominated for this award twice and at that he was in his best form and Captain also. I don’t know why they rejected him. And of course our own Dada he has served Indian Cricket from last 10-12 years. And now legend himself Mr. Anil Kumble is serving Indian Cricket from last 15 years so. Of course I am not saying that the their year serving should be the criteria for award, but their records themselves speak for them. After playing 120 and odd Dravid is maintaining 55+ average in tests. Scored 10000 runs in both the forms of the Cricket. And these type of records hold good for other two players also (Dada and Kumble). So they must think of some long term rather than short term….

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