Oh well, a start of a new week, a new day, with promises of it being better than the previous ones.. Even the air has a different feel about it today. There was a slight, unmistakable chill in the early-morning air today!! Something makes me feel this week is gonna be different from the other preceding ones!!
Or, it may just be the fact that I've itching to meet and hang out with my friends?? Whom I'd met in September but gosh, M i again itching to hang out and have truckloads and (coffee) mug-fulls of masti with them??
Or, it might be my WISH that may God smile down upon the IT stocks this week and may the market swing in the green?? Well, IT stocks be damned, but the market sure is up, a welcome increase and relief for quite a few people.. Hope the market gains momentum and shows us a glimpse of its past bull runs!!
But there is one stock which has me baffled.. While the market has been on a never-ending spiral, shares of Motilal Oswal have increased by around 300 points since the closing price of Rs. 1197 on November 6, 2007. Now I'm wondering, what is driving this stock so so high?? Despite the sensex shedding most of its gain in the last week, this stock has climbed new heights, increasing by almost 25% in a single week?? God hasn't been this kind to the IT stocks, so what or rather who is driving this stock to such heights??
Frankly, I got no idea. I'm quite morose here because I liquidated my holding in Motilal @ 1350 only.. Within the span of a day, the stock has rocketed to 1495!! Is there something I don't know or I've overlooked which the market has noticed and is rewarding the company for?? Too many questions, too few answers.. After what happened with RPL the last week, I'm quite circumspect, to say the least!
Hoping that one of you will be able to provide me with some reason for the stupendous increase in the stock price.. 'Til then, I'm busy sulking over my notional loss!!
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