Relief Fund for Srilankan Tamils

On going war between the Lankan army and LTTE has caused many problems for the innocent civilians. Voices are raised against the war without giving solution to the ethnic crisis that last over 30 years.
Tamilnadu government has set up a relief fund to help the civilians. Cheques and DD s in favour of ' Srilankan Tamils relief fund' can be sent to chief secretary, Government of Tamilnadu,chennai-600009.
Red cross ,UN office and others will be used to distribute the relief packages in the war affected area.
Stopping the war temporarily will not help solve the crisis.Leaders from Tamilnadu should raise voices unanimosly against LTTE to force them to participate in the negotiation table with the government.

Muhurat trading 2008 to bring joy ?

Speacial trading session is being conducted by NSE and BSE on 28-oct-2008 to welcome Laxmi Devi. The sentiment in the market is if index closes high on this day ,whole year will be a positive one.
Remember last year index closed in the negative unlike previous years the results were known. Many lost their money.
So lets hope this year will turn positive for the investor and trader community,
Let buyers rush today with positive mood to the markets

LTTE must apologise

LTTE must apologise for its inability to solve the crisis in Srilanka and find a peaceful solution to the Ealam cause.There is no over all support to LTTE after it targeted its own people who want to talk to the Lankan government for a peaceful solution.
30 years of struggle have not reached any next stage but problems are the same.
The general acceptance outside the Island is Srilanka cant be split into two countries.So Eala nadu is not possible.
Now, the peace loving tamil leaders responsblity is to form a group among themselves to negotiate with the government and find a political formula to the crisis.
The major problem is the constitution which is to be changed for the new generation. Sinhalese people have to change their attitude towards the Tamils and recognise them as the citizens of the same nation.
New power sharing formula must accept people of all group to rule the nation.Equality for all to be maintained.
If Buddhists are not prepared for this , No one can save the nation but will drown into sea of blood due to war. Buddha preached Peace and Love but you breached it.

War in Srilanka and politics in India

The ethnic Tamil group in the Island Srilanka are suffering from an un ending war between the lankan army and the terrorist group LTTE. LTTE was once allowed to have camps in India and had open suport from Indian political leaders.Things changed after it killed the young leader Rajiv Gandhi against his Indo-Lanka deal.Now, it has only few support in India and that too not open.
Now, the war in Lanka is at its peak as the army is capturing all LTTE held positions in the North and North east ,it is trying to mobilise support from India especially Tamil leaders.
The politicians are also very quick to make use this as an oppurtunity to re-align themselves in Indian politics.
Indian government should realise that it can not intervene in internal politics of other countries. The Indian government should ask the Tamilnadu leaders to issue statements asking LTTE to surrender with its weapons and to prepare for negotiations with the Lankan Gov.
It has to clarify that the war is against terrorists who are unwilling to talk and who killed many tamil leaders who wanted peace.
So Mr.Karunanidhi , Dont threat UPA gov instead ask Prabhakaran to surrender.
Mr Rajabakhse can invite leaders like Vaiko from Tamilnadu to form a negotiating group to find a political solution to the never ending fight in the Island.

Whether Nifty has any support level or not?

It is said 3800 is the support level for the nifty.But after crossing it nobody is able to figure out what the next level will be.It is free fall from there.Whether 3000 will be sustaind?Now, we are looking at corporate earings,Regulator measures to see not up run but consolidation. In these days, Technical levels are not so important just a time passing tool.
But, investors looking for the next 2 - 3 years will have look this as an oppurtunity to buy.Ofcourse they are to be new entrants as old lions are licking their injury.

Now, Job Cuts in INDIA

For the last five years, India is boasting of creating more jobs thanks to liberalisation policy.But,today it seems the party is over.There are problems all over. Corporates warning margin pressures, employee costs,input costs ,inflation etc.
Today's announcement from Jet airways is a shocker not only to Jet employees but to all. It has decided to terminate 1000 employees including top engineers as a measure of cost efficiency.
If this is going to be the trend in the industry then India will have to suffer more than west countries.
The Finance Minister as usual will issue a statement 'Our Fundamentals are strong'. If, so why the corporates are unable to get the confidence of the investors. Does n't this show something is wrong somewhere.

Markets and US Elections

It is taking a long time to decide who the next US president will be.It is on a routine.But,People in the streets are looking eagerly who'll be the next.They are tired of talking and hearing.Let the scene be over and see the climax.
What is the procedure one can not understand as an outsider.For the last several months they are talking about this and still waiting to get the result.Let it be Obama or Mckaine.Let it be Democrats or Republicans but US election result seem to be the end point of the market downfall.People may hope the next Government will have new think tanks and take new economic initiatives to build hope and bring back the charm.
One thing is clear.The Bush administration completely failed in this front.Bush's only one achivement is dethowing the Saddam Hussein gov but hanging him in hasty manner and failure to substantiate the Iraq war do not go in the way of Bush.
War is never a solution.
Lets see how new US gov approaches the world.

Market crash :Ban short selling in stock markets as a relief measure

In the last several weeks investor across the globe would have lost sleep and peace by stock market crash.Markets proved to be a high risk zone.
Damage done is too much and it will take a long time to get energy for the up move.
Short sellers made money a lot but their numbers are small.The regulators could have contained the downfall if they banned short selling of many scripts for a short period of time and then re-introduce.
This measure is hardly required only to bring confidence among investors. Regulators fear that it will harm trading activities and reduced volumes are unnecessary because its first target is to save investors from losing their capital.This is not the time to allow trading as all governments are announcing relief packages for economy re-structuring.
So Investors want Ban Short on selling in the cash market and let derivatives be traded as usual for atleast 3 months and see the effects in the stock markets.