Tuesday, August 21, 2007

1 2 3 and still counting.

These are volatile times. Not in my wildest imagination I would have thought while writing this article sometime ago now that the civilian nuclear deal (popularly known as 123 agreement because the deal is being signed under article no 123 of US constitution) between India and the US will run into some rough weather. And boy before the deal could become reality here comes the good old comrades with their faces turned red against the deal and asking for the immediate rollback of the talks on the deal with the USA.

Don't know what even BJP has to oppose here and why are we even thinking of a mid term poll on this issue, which is supposed to be the key to India' s progress. After all 4 years ago it was Jaswant Singh (the then BJP external affairs minister) and Strobe Talbot (The then US deputy foreign Secretary) who had dreamt of the similar deal. Is it just for the sake of opposing, that the opposition parties in India behave so insanely? Will we ever grow up, guys?

On a side note, I thought it is a good time to check out on L&T. The stock which was supposed to go miles high on the back of the deal. And as I had predicted in my earlier article it surely has gone miles from around 1600 to currently around 2400 (after reaching life time high of 2700). Hahaha sometimes your random picks turn out to be gold!! Alas! I exited much much before. Damn it:-)

Anyway, lets hope that we stick to the deal and do not back off. Else only time will tell what price did India have to pay.

Cheers.

2 comments:

Anonymous said...

bhavla deal or no deal.. this govt has to go...there will be election in early 2008 ... stay away from betting in stocks

Anonymous said...

I agree with Divyesh...

Nothing is permenant in this world...

Goverment & sensex are not excluded