
Saturday, July 4, 1998
It's bear-hug after bull run in BPL, Videocon
During last month, even as the stock market was put under tumble-wash, first falling by 25% and then just about managing to find its feet during the later part of the month, two of the darling scrips of the Big Bull -- BPL and Videocon International (VIL) scrips -- succumbed to gravity in a dramatic manner. The BPL and Videocon International (VIL) scrips lost by more than 70% in value in a matter of just 20 trading days on the BSE.
Get set to sell short when markets bottom out
It is time to be tuning up strategy as we move towards the new week starting Monday. Several factors will influence the market direction in the coming weeks. This week's column takes a look at these, and how one could profit from the likely developments.
Corporates are calling the shots, but consortium banking is alive and kicking
Corporates are slowly making changes in their relationships with bankers. From a scenario where they borrowed from several banks banded into consortiums, they are now reducing the numbers -- both for convenience and business reasons, giving old-style consortium banking a hard knock.
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