Friday, March 3, 2023

Indian love for Plump pillows, Ice Cream, Whiskey and Stock Market Bubbles

 Indian love for Plump pillows, Ice Cream, Whiskey and Stock Market Bubbles

For last 4 days, Adani Stocks were forming one giant bubble thanks to relentless "Fake News" to build a pro-adani hype which was created by mainstream TV channels and online Media. As of Yesterday, even renowned Indian journalists who left MSM to start Vlog on YouTube were saying ,  "Why were Adani group shares not rising again ?" 

Well, I and only I was saying "Bubbles are forming in Adani shares" for last 3 days. These commentators also were saying "Mutual funds are not buying Adani group shares" ..


 

Truth was quite the contrary. Adani enterprises' stocks went more 50% up in last 4 days. At the beginning of any month, Fund managers are flooded with salaried Indian's investment in stockmarket via "SIP" products. To a fund manager, SIP fund are easiest cash-flow that you can get, maximum SIP just have two investment options "Equity" or "Debt" and most Indians choose, Equity as 99% of their preferred insurance. 

Indian Fund Managers never ever send any investment advisory to these "Upper-middle class" investors. Every month, the fund manager receives a fixed sum from SIP investor via automated bank-transfer. This is like a rich uncle giving "Pocket money" to nephews and nieces; except in this case, donor is much poorer than the rich fund managers.

First week of every month, you will see Sensex and Nifty jumps up the most. 

Backed by regulator SEBI, Stock Exchanges of India, NSE and BSE helped fuel the Adani Bubble.

You must be knowing National Stock Exchange (NSE) included Adani stocks in more indices of theirs. So "I will put money in larger baskets" kind of Fund Manager's money from ETF .

Even in my Screenshot of BSE website, it can be seen, Adani Enterprises has been kept in BSE Top 100 index and thanks to "Bauxite Mine Fake News", BSE now classified Adani Enterprises as "Trading - Minerals" company. 

2 month ago, they called Adani Enterprises " Utilities & Airports" company.  Maybe 6 month ago, the classification was "Green Energy" and "Coal - Energy" 3 month before that.

Many trading bots buy shares based on this classification.

SEBI has no issues in that also, BSE and NSE will never be questioned on which minerals  did they classify Adani Enterprises as a Minerals company?  given that Coal is considered as a different category? Was it Bauxite? Was it Iron Ore? Was it Copper ore? Which frickin mineral?

Blacklisted by Big Banks, Adani found "deshwale bhaiya Ji, kyun Ji" fund's billion dollar help out.

 Nobody in India knows "GQG partners" companies are founded and run by India-born American, Rajeev Jain is actually named after Hindi phrase "Ji Kyun Ji" ( translation: Oh Master, but why Master?) and is not a partnership of people with name initial G and Q. 

He was known to be very close to "Hindus for Trump" group, being from Kansas city, Missouri and New York. He made his money during "Zero to Negative fed rate" era. As Fed Rate jumped up, his fund is facing pressure and needed a firm bubble to act as his plump pillow. 

So he looked back at his native country and picked the most favourite crony of his main political hero, Modi (other being Trump). As it is poor chap is tormented in US with campaign contributions to Nikki Haley, DeSantis and Trump.

 Perhaps he is keeping Modi happy just in case Republicans lose again and his fund going kaput in "High Fed Rate" era. Some backdoor entry to "ghar-wapsi" (return to native place).

His investment was just One-time act. But Indian SIP funds buying 5 shares at a time at 10 rupees more than market price, pulled Adani stocks higher. Some "Robin hood" investors they are, or should I say "Robbin Hood" !

Biggest Respite to Adani came again from "Supreme Chort of India".

Even Narendra Modi or Nirmala Sitaramana could not think of a better "Clean Chit Committee" than what Supreme Court came up.

KV Kamath, very recently criticized a Modi government ministry, for reporting jump in Inflation rate. He said and I quote, "for last 6 months, food prices are falling and they are saying Inflation is up"... Now I don't know what Mr. Kamath eats, but surely his awareness is highly skewed and extremely flawed like any other Modi-Bhakt. But Modi had made him President of Good for nothing "BRICS Bank", you can't get more plump pillows than that.

Nandan Nilekani is a Biometric Specialist on odd days and an epidemiology specialist on even days and Promoter shareholder of Infosys on every other night. He too is investigation panel with no prior experience in that field. I can see a sticker on his forehead with "I'll give clean Chit to Adani" written on it.

In fact, the whole 6 member committee reeks of "Clean Chit Committee".

So Dear Nate Anderson, 

Please understand , Indians love Plump pillows, Ice Cream, Whiskey and Stock Market Bubbles.

You can teach good moral values at much you want, Indians will never leave corrupt practices as long as prices are rising. 

We will die by drowning in shitty swamp of high debt, but don't warn us about it.

🤣🤣🤣

1 comment:

  1. This blog is open challenge to Supreme Court appointed "Investigation Panel on Hindenburg Research accusation on Adani Group":
    I know you will give "clean chit" to Adani, I dare you, double dare you that you don't have balls to find faults in Gautam Adani or SEBI or Finance Ministry or Corporate Affairs Ministry.

    I know each member of the committee and I know, time will prove me right.

    ReplyDelete