Operator Set To Take The Reins

With a perception that the pre-monsoon sale may be over, ICE (information technology, communications and entertainment) stocks, which had seen a massive meltdown in the summer, could look forward to better times.

The late rally caught a few napping, but also brought cheer to a great many.

Traditionally, the markets have looked to one individual for leadership, and the leadership of the operator seems to be re-emerging after a brief hiatus.

One shouldn't thus be surprised to see institutions following suit.

Academic regulator

The regulator has a new academic face and it would be interesting to observe the reaction time henceforth.

 

Theories generally are evolved post facto, but the dynamic capital markets in Mumbai see fresh theories made and unmade at the wink of an eye.

One Man shows the way

With One Man making his presence felt on Indian shores, green, a rarity on trading terminals, is starting to re-appear.

With mopping up operations reaching an end, it would suffice to say that the markets are in for interesting times.

Silence joins in

After a lot of thought, Silence decided that the bottom of the trough may have been reached. Armed with this prognosis, Silence made his intentions clear and is believed to have lapped up half a million shares of Zee Telefilms and 70,000 shares of Infosys.

...and the institutions

Big Daddy is believed to have picked up 50,000 shares of Satyam, while 1,00,000 shares of Infosys were lapped up by the Y Car Brokerage.

The PEG funda

In a market where fundamentals go for a toss, PEG (price earnings to EPS growth ratio) continues to enthuse the analyst community.

In a bull market analysts are not very finicky about the PEG's gulped but the scenario undergoes a dramatic shift when the purse strings are tightened.

A PEG of .4 for Global Tele-Systems, .2 for Himachal Futuristic and .8 for Satyam Computer is something to ponder about.