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Dear – good morning, thanks for the article: I too watching from the first day of this casualty that how this Raj Thakre will react to the situation. Who is always shouting that I am here to save you I am here to protect you but where was he.
What happened to him when the real problem comes to the Mumbai? He forgotten that we are Indians? The persons saved the Mumbai are Indians not the Marathas!
He is forgetting the concepts of the constitution we are federal, social, secular country. We all are equal! And we love India.
With thanks
Be and make
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Dear sbaluji – Our government’s way of approach towards the terrorism is nasty. Their policy making is abusive in all terms,
From last four years how many attacks happened in India?
In this year total 13 such casualties took place right now, what the government doing?
Our government I think now, how to forgive that one terrorist! Yes, that’s the bullshit policy of our government!
In the recent attacks some terrorists attacked on parliament and our hon’ble Supreme Court gave the right verdict but our politicians not followed the verdict and just asking the president to forgive them!
What words should I have to use, first thing is the political system is not right! In my view we need dictatorship for some time either it should be by the military government or by the presidential rule (like US based political system like direct electing the president).
With thanks
Be and make
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Dear gkp – Good morning, thanks for your good words. I was delighted by knowing that you are ‘geophysicist’. I love the physics but my education and job no way connected to it. Especially I am very interested to know new events subjected to the ‘astrology’. From physics I will obey to the “Newton’s third law”: ‘For every action there is an equal and opposite reaction.’
Of course I may not be exactly right in writing the third law, but I will apply it to most of the issues in my life like in economics.
Most of the fundamental analysts might argue by connecting the Physics with economics but I will try to use the physics in economics in some cases. Don’t call me as “”Phyoeconomist” as I am using new combinations :)
I wish to give a example for this, when our economy assuming as a ball and is going with a mac speed (I can say it would be around 8-9 like our GDP) at some point if there is any hurdle (like financial crisis) then it comes back (like current bear market) in the same time to the initial point (like period of consolidation.) So as in newtons third law, markets will return back in the same magnitude and direction (like vector quantity).
So, after all reaching the initial stage again third laws comes into the picture and we are going to see upward move!
I think you too enjoyed my article as I.
With thanks
Be and make
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Dear DV – We may not see huge moves on both the sides in dec. it might be in the range 2550-3050 similarly RPL too in the tight range between 70-88/-. Keeping in mind I have not given any trading (short ) call on RPL. Today all are expecting to be in strong close as it done in the past after the terror attack. I am quite differ in this and am expecting that we are going to end in weak note say in red.
Regarding the other two stocks; both are directly proportional to crude price so from last couple of months they are underperforming. In the upcoming weeks crude might slightly bounce back (due to OPEC is going to cut its production) so the same will replicate in these stocks but for medium term there is a huge demand destruction to crude. Inventories are at peak (52-55 days) so crude will fall after this bounce and if you are interested that’s the time to short in these stocks.
(disc: I am not having any stocks in my bag but having some puts and call on nifty)
With thanks
Be and make
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Dear BSR – SEBI came with a right move by opening the markets, otherwise real damage will happen to the sentiment. Right now, all Asian indices Off from highs some of them in red. Yesterday SGX nifty ended in red, so gap down opening might happen but in the middle of day some strong bounce will come but at the end it will surprise all by closing in RED.
This time is quite different that’s I want to highlight right now and not the levels.
With thanks
Be and make
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ONE OBVIOUS IMPACT OF TERRORISM ON INVESTMENTS IS THE COSTS OF SECURITY, WHICH ARE BOUND TO RISE SIGNIFICANTLY:
More recent terrorist strikes in New Delhi, Bangalore, Hyderabad and Ahmedabad have had no effect. Nor did the attack on Parliament in December 2001 unnerve the markets. And even more importantly, on 12 March 1993, after a series of bomb blasts in the city, trading came to a standstill, but when the markets reopened for trading after the weekend on Monday, the Sensex rose by 2.48%. Recall that those blasts targeted, among others, the Bombay Stock Exchange (BSE) and three big hotels.
But Wednesday’s assault is very different, not only in its choice of targets but also in its audacity. This time, the rules of the game may have changed; the impact on the markets and on investment may be greater.
. Nikhilesh Bhattacharyya, associate economist, Moody’s Economy.c om, writes: “The timing of the current blasts may be more unfortunate than in the past, with Indian banks facing major liquidity problems and the Reserve Bank of India struggling to defend the ailing rupee and stabilize credit markets. This means that capital outflows will have a greater impact than they did in the past, though history suggests that any reaction to terrorist attacks in Mumbai will only be temporary.” Most market players were of the opinion that the markets should have remained open on Thursday, if only to send a message to the terrorists. With both BSE and the National Stock Exchange having all-India operations, there was no need to shut down the exchanges.
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by Manas Chakravarty and Mobis Philipose
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with thanks
be and make...

Dear sambala – Yes, these attacks no way connected to our macros but they will surely affect the sentiment. In past, so many such incidents happened but they all are focused on the common people. This time they are concentrated the “high networth people” and “foreign personnel” which is a vulnerable issue. We can’t compare it with past this is definitely a severe impact on the sentiment and on the FDI flows. Rupee too affected in short term.
Please go through the Moody’s report:
MARKETS COULD REACT SHARPLY, RUPEE MAY WEAKEN FURTHER:MOODY`S VIEWS:-
Domestic investors are unlikely to engage in panic selling after the terror strikes in Mumbai as local investors are well acquainted with terrorism, said Moody`s Economy. com, a global research subsidiary of Moody`s Corporation.

However, the terror strikes could have a greater impact on capital outflows due to the current liquidity crisis, said Nikhilesh Bhattacharyya, an associate economist in the Moody`s.

Though the benchmark Sensex continued to rise after July 2006 blasts which killed 150 people and rupee stabilised after falling 1 per cent, the current economic climate is different from that in 2006 and the current attacks aimed explicitly at foreigners, Bhattacharya said, adding: "There is chance that markets may unfortunately react sharply when they open next," he added.

"Though the commercial centre has been the target of terror attacks, the timing of the current strikes may be unfortunate than in the past, with Indian banks facing major liquidity problems and the Reserve Bank of India struggling to defend the ailing rupee and stabilise credit markets," he said.

"This means that capital outflows will have a greater impact than they did in the past, though history suggests that any reaction to terrorist attacks in Mumbai will only be temporary," he added.

He expects that the rupee may weaken further when the trading resumes which is already trading near its weakest ever level against the dollar.
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With thanks
Be and make
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MUMBAI: Criticising the Centre`s attitude after every terror strikes across the country, the Shiv Sena Wednesday said the government should first flush out "mini Pakistans" mushrooming in India and then think of teaching the neighbour country a lesson. In a strongly worded editorial published in Samana, Shiv Sena mouthpiece, the party pointed out that "mini Pakistans" cropping up across India should be cleaned out on a priority basis in an attempt to prevent further terror attacks. "When the time comes, teach Pakistan a lesson by launching an attack on it. But before that eliminate Pakistans spread in India with your blessing (ruling politicians). If this is done, most of the things would be clear," reads Samana editorial. "Besides Mumbai, large number of mini Pakistans have grown up in India. People residing in these mini Pakistans are not Indian Muslims. They are either Bangladeshi or Pakistani Muslims. Nobody is paying any attention on their anti-social activities. It is here where they were taught the lesson of `Jihad`," the editorial stated. It also equalled politicians with Lashkar-e-Toiba group as they were allegedly providing ration cards and ensuring that the people from mini Pakistan would get voting rights. The party also demanded the execution of Afzal Guru`s hanging who was convicted of conspiracy on Indian Parliament attack in 2001. "Afzal Guru has been treated in Tihar jail as a guest. He is enjoying there. Afzal should be hanged to set an example on how India reacts to terrorist strikes. His hanging will give a strong message that whoever attacks India will either be hanged or be eliminated in encounter," the editorial says. Talking over the terror attacks allegedly sponsored by Lashkar-e-Taiba, Dawood Ibrahim and Masood Azhar, who was let off after a plane was hijacked in 1999, the editorial said "Unless and until, the associates roaming around in various cities are eliminated, Dawood will strike similar terror attacks. Our ruling party leaders have become impotent and how will these impotent leaders fight terrorism?" the editorial asked. Even as Foreign Minister Pranab Mukherjee claimed that Pakistan was allegedly involved in the Mumbai terror strikes, the editorial said, "Pakistan is in an enjoying mood and perhaps it may be gearing up for another terror strike." PTI.............

Dear K.N.Pillai16968, Plz. read my post to dear subasu on the same subject. Yes ur understanding is right there r 2 separate agencies in india each with a differant job to handle on paper. SPG - Special protection group is designed specifically for security of V IPs, V V IPs, V V V IPs, V V V V IPs, V V V V V IPs.............. NSG - National Security Guards - To counter terrorist attacks & plane Hijacks.... In case of NSG, I put it as POLITICIANS Security Guards (PSG), just to show my anger like all of u but with a humorous note. Thanks Ashal...

Dear Pranky & all fellow boarders who r jumping from there seats as if they have find a magical tool in th form of 49-O, My dear friends, the info posted is partly right & partly wrong. Here it is - The right Part - Yes Section 49-O does exists but it`s merely for exercising ur denial vote means u r voting for none of the candidates contesting the election. the wrong part - All the remaining story, the 50% 49-O & ....... All this is merely a proposal from Election commission of India & it`s yet not be declared an ACT by Parliament (Read our politicians). Even in case of EVMs (Electronic Voting machines) exercising 49-O is not possible, earlier in days of ballot paper, there was provision to keep ballots under 49-O, but now a days under EVMs there is no mechenism to collect 49-O. for a detail on this matter plz. go thru my earlier post replied to Radhika in which i have posted a link to read all the info on 49-O. Thanks Ashal...

Be and Make - Please help with your words of prophecy. Thinking RPL will touch 60 - i sold them at 74/-. Now its again moving upwards. Do u still feel i should wait patiently for it to touch 60? Please help before it becomes too late....

My dear Mod I am sure if U can find GEMS on MMB, then why not a good POLITICIAN...???? :) :) Certainy, I am already on the hunt . Cheers pranky!! ....

BC.... Read the message again carefully....... Nobody can win , if more people have executed more than the winning margin ,..... Read the message again! I think this can possibly be ***THE*** Best Weapon we cud ever have.... & these people never ever happened to inform us about this clause in voting..... Now I Guess , U know why???? If U want I can mail U the DETAILED VERSION of the above message..... As I had forwarded ONLY THE PART MESSAGE to Anns{Radhika}..... Cheers pranky!! ....

If India builds the bomb, we will eat grass or leaves , even go hungry. But we will get one of our own.` declared Zulfikar Ali Bhutto, the late prime minister of Pakistan, the man responsible for not only enlisting A Q Khan in a successful bid to steal nuclear secrets but also for pitching Pakistan along the path of Islamic fundamentalism. Both his wishes have come true. Pakistan has the bomb and its people are eating grass. There is a clear indication in above statement of Zulfikar Ali Bhutto that Pakistan is no longer a decent country to be considered. History proved many times in the past that Pakistan government never like to leave the peace in the world. There are scores of extremist groups in Pakistan and thousands of trained Islam killers. Intelligence agencies around the world have long suspected Pakistan as a source of extremism and terrorism. The presence of many unregulated Madrassas throughout Pakistan is believed to contribute significantly to its terrorism problem. Although the madrassas were created to fill the hole left by the state in educating young people free of charge,but some became recruiting centers for terrorists, as most of the financing for the institutions came from terrorist groups and not from the government.These madrassas are teaching misinterpreted Islam to young and innocent Pakistani muslims.They are brain washed and injected with venom of anti Indian attitude.They will blame anything and everything what Indians do and think.They are frustrated over the modern outlook and vision of India. Pakistan, a day older than India, but with an even younger population, seems to have aged more poorly over the past two decades. As the Indian economy picks up speed on the back of the 1991 reforms, India is on its way to becoming a global player in all fields , our scientists are doing a tremendous job ,the IT sector alone creates three new jobs every minute of each working day, our youth is capable and intelligent enough to challenge the whole world .This is a big truth now a days we do`nt trust our politicians but we can say proudly that we are belong to the largest democratic country . on the other hand, rate of progress is very slow in Pakistan because of many reasons . failure of democracy and military rule is the root cause of Pakistan’s problems.Government Policies are also not in the favor of progress. Due to bad policies today Pakistan is facing a lot of problems. The continuous failure of policies, Corruption ,lack of Education leads the people of country to miserable conditions. The major problem in the country is poverty which is becoming the cause of crime and social disorder.because of poverty, unemployment people of Pakistan are in big frustration and when they look in to Indias achievement they feel like ` "uski saree meri saree se safed kaise"...lol...and Pak government has adopted a single way from their past leaders to cajole his poor unemployed crying people voice....what happen if you are week because of hunger country is strong because we are having `N` power and we can destroy India in a minute. what happens if India stepped on Moon, we have Ghauri 2 range2,300 km/1,440 miles...let that bloody space shuttle back we will blast in this in sky...lol.....what happen if you are dependent on gulf and china for our survival we are fighting for our brothers in Kashmir ..... Heyyy.... Pakistan ... come on!!! ENOUGH IS ENOUGH !!!! face the reality...we are not behind the bad condition as of your country ,learn to hold your government in proper belt.Yes,this is a big truth that we are love & peace loving people but do we need peace at any cost....nah....We are not going to forget this attack on our self respect............ Come On INDIA....It is time to put an end to killing of innocent lives, stay united, co-operate with system. Need to take an oath against terrorism to spread peace and security in our country. We want our peaceful country once again.... INDIA-"LOVE IT OR LEAVE IT" "TOGETHER WE SHALL AND WE WILL WIN THE WAR AGAINST TERRORISM" " JAI HIND"...