Just a quick post to update all those who had written in requesting for an Indian blog and also what all they would like to see in it. Firstly, thanks for your mails! Frankly speaking, I was expecting a good response from resident Indians and also those living abroad, but the response from people of other nationalities expressing interest in seeing an Indian market blog happen was surely a surprise. Just goes on to show the interest in Indian economy and success story these days! Well, the news is that I have decided to start a blog on Indian markets and it will be separate from the present one. It will go "live" sometime this week.
Let me end this post by giving an interesting incident from 10 minutes back that is in some way reflective of the "tips" being given on Indian markets these days. I got a SMS from my broker saying "buy ICICI on low of the day". End of message. WTF??!! They might as well tell you to buy any stock on the low of the day, sell it and short it highs. Repeat the process till you become a millionaire by the end of the day!
Take care and good luck!