Why do people write blogs? Does anyone actually read others blogs? These are questions whose answers I have not been able to cook up!! I don't know of anyone who actually goes and reads someone else's blog without getting a mail or hearing about it from some other source. Is it because blogs usually don't feature in the usual search engine results? Some people are working on technologies that will help people get connected to blogs on similar subjects based on the tags & keywords that are used. Maybe then it will more interesting and rewarding for bloggers.
The BSE Sensex – the default benchmark for the Indian equity market – touched 12,000 on Friday last week. There is a sense of euphoria, disbelief and caution in people depending on which group they belong to. There are people who have been waiting for a correction from 6000 and are amazed to see the sensex at double that. There are others who are perennial optimists and expect the market to continue giving them the returns in the way it has in the last 3 years. Milestones like 12000 are a nice point to just stand back and access the overall situation. So, what is the reality of the day? Today, the price of oil is hovering around $70 with the political situation in Iran not getting a whole lot better. Don’t think its going to come down in a while. Interest rates are showing signs of hardening. Prices of gold, silver, steel, aluminium, copper, zinc and sugar are in multi year highs. Real estate prices are going through the roof. So, in a way all asset classes are seeing handsome app...
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