Thursday, June 12, 2008

Nifty may reach 4700-4730 levels: Modern Shares

Anil Manghnani of Modern Shares & Stock Brokers sees 4600 as the technical target for Nifty. He said an upside of 4700-4730 may also be seen.

According to him, the FII numbers are the key features of the market. Some of the easing out was seen in the FII numbers on Wednesday. He believes that the worst is still not over for the markets.

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Monday, June 02, 2008

How does Warren Buffett gear up for his shareholders meet?

Every year, Warren Buffett invites each and everyone of his shareholders here to his hometown for the granddaddy of all annual meetings. Over 30,000 of them will actually show up to the centre just to catch a glimpse of the 'Oracle of Omaha,' as Warren Buffet is called. Over the next three days, Warren Buffett will tirelessly answer questions from his shareholders. He will walk miles through this Convention Centre through all the back halls and he will catch up with old friends over a can of Coke or a game of bridge.

And for the first time, CNBC is with him every step of the way from setup to breakdown and everything in between.

It is the calm before the storm. Hundreds for Berkshire’s owner in town, building the exhibits that cover this 200,000 square foot floor. Tonight they get to meet their big boss, Warren Buffett.

It is Thursday evening and the Oracle of Omaha’s whirlwind weekend is just beginning. First he meets with the troops, employees from dozens of Berkshire’s companies, taking photos with each and everyone.

We are all heading to the Omaha Bridge studio to play with long time friend Carol Loomis, Editor at Large of Fortune Magazine.

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