When the booze is overflowing non-stop in a party riding on high octane, very few drinkers really think about the consequent hangover when the party stops. In such a high adrenaline atmosphere, many grossly overestimate their capacity to drink, encouraged by behaviour of their friends & crowd around them. The world markets are going through a similar party. The booze (easy money) is supplied by central bankers all over the world in high quantity and…
Be greedy when others are fearful and be fearful when others are greedy. – Warren Buffet Indian stock markets have taken a good leap forward after the exit polls declared the return of NaMo led NDA with a stronger mandate. This has bolstered the confidence of bulls on the back of expected continuity of reforms push. Although a stronger mandate ensures that there would be lesser obstacles in bringing and implementing reforms, any tangible gains…