I used to get messages from Gensol via whats app to promote their Share price. Warned some investors in the group for the same- when the company should work heads down on their core business why should it promote? In few months from then, what happened was obvious. Despite publishing all the positives-order book, results etc, the price doesnt move. We need to listen to the price thats trying tell something we aren't aware of. Price doesn't lie 😊
Huge congratulations to @narendramodi on your historic tenure as PM. It is a remarkable reflection of how you have reshaped India into a global powerhouse. Having visited India for 23 years, every trip excited me and shows me just how much the country continues to transform and thrive. 🙏🏻
Open letter to Indians in America.
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Dear brothers and sisters from Bharat:
Like I did 37 years ago, you arrived in America with no money but with a good education and cultural heritage from Bharat. You achieved outstanding success. America was good to us. For that we must remain grateful - gratitude is our Bharatiya way.
Yet today, a significant number of Americans, may be not the majority but not too far from it either, believe that Indians "take away" American jobs and our success in America was unfairly earned.
You may think the next election will fix this, but your choice would be between people who hate our Bharatiya civilisation and people who hate civilisation itself. That is the "hard right" vs "woke left" battle. You are mere bystanders to that conflict.
Meanwhile there is one thing that is true now and will be true in the future: the respect Indians command world-wide will substantially depend on the fortunes of India herself. If India remains poor, the woke left will give us moral lectures with pity and the hard right, different moral lectures with scorn ("hellhole") and we must not confuse either with respect.
Respect in today's world, along with prosperity and security, comes from one source: a nation's technological prowess. India produces sufficient brain power to achieve that prowess but alas we exported so much of that talent, particularly to America. As we develop that prowess in India, our civilisational strength will assert itself.
As difficult as it is for many of you to contemplate this, please come back home. Bharat Mata needs your talent. Our vast youthful population needs the technology leadership you gained over the years to guide them towards prosperity. Let's do it with a missionary zeal.
Respectfully
Sridhar Vembu
@Alchemist1320@AI_Feb21 Management's work is never to pitch investors. But to just keep delivering the the growth for business. Sooner or later price will catch up. Wonder why should they be worried more making money for stock market investors than the business perse.
Silver can rally 15 to 20 percent from present levels.
Good to buy Silverbees tomorrow for some quick bucks.
As dynamics can change quickly based on outcome of negotiations.
Markets will give a clue in couple of days of these negotiations even before the outcome is public.
Crude sliding 🔻
🟢Iran and US second round of negotiations
🟢Very good sign for markets and silver🟢
💪Further rupee strengthening from 93 will be a booster!!
#stockmarkets#IranWar#US#straitofhormuz
Even if there is no consensus on hormuz in near time,very less chances of escalation like before.Baseline is clear. Trumps ego is being answered by Iran, shifted from aggressive "stone age" remark to a better tone if not soft. Thats a key take away for the markets to form a base.
Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR:
Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help.
On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead.
He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows.
If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.