Yesterday had a chat with my friend from Mumbai and discussed whether yesterday's huge rise in the Stock Markets was for real or a Bull trap. The answer could be read in my post at http://www.vipreetinvestments.blogspot.com . He made a comment saying it is a truncated week with the 10th being a trading holiday AND tomorrow would be better considered a non trading day since KOLKATA had called a nationwide Bandh (strike in English).
The state of West Bengal is notorious for strikes and continues to be so. But after reading today's Newspaper I felt I should oppose this view and let the world know that "It doesn't hapen only in Kolkata". This is a news item in today's Telegraph.
100% agree Kolkotta is not the only state for notorious strikes. Including all whether our India or europe or elsewhere. All are same.
ReplyDeleteAgreed Kolkata is not the only place where bandhs occur. But it is the one where it happens at the drop of a hat. If the Bandhs were done for all good causes it would be good. But almost all of them are for political mileage
ReplyDeleteIn fact even for good causes bandhs are not necessary. It is just harassment to the general public and a wage cut to the daily wage earner
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