First Blog from Mumbai

Well Well, I guess this is my first blog after about nine months since i left TAPMI and joined a firm in Mumbai - Yes the commercial capital of India.....

Well the year - 2005 - has been quite eventful in every sense of the way....I got my first job in the first month of the year. Then enjoyed to the core my last few days of college life (How i wish i get some more time to study) and then became a silent particpant (well let me clarify - i am into fundamental equity research for my bread and butter!!!)of the biggest bull run in the Indian equity market. But the first week that i joined office the markets took a 6% downhill trip and then how i thought my entry brought such ill-luck to the market - On the contrary it provided oppurtunity for a lot to enter at low levels (this is the typical statement you hear from every tom, dick and harry on Dalal Street during a bull run). Two months nto my job i was provided a very good oppurtunity as my senior left and i was asked to track a sector all by myself independently. The sector included stocks which had 4% or so weightage in the SENSEX - the lead barometer of the economy or so most felt...Well i have enjoyed this journey as i learnt a lot...

Mumbai has been very special....One thing i like about the city - No one cares what you do after you have done the job required of you....Well that kind of gives you the freedom that you require i guess....But the real spirit of mumbai was seen on July the 26 2005 when a record 922mm of rain ( i guess the number is right) was received in a short span of 12 hours....The streets choked and there was flooding all around the city... Rains did not stop for over 24 hours which caused a blockage for the rain water to get to the sea... lots lost homes....but the kind of help that was renedered by people unknown to you was seen by me for the first time... well that was one day i felt proud i was an Indian (primarily also because a similar kind of catastrophe had its way in the US and despite all the advanced warnings, the damage was huge....but after the event the kind of fighting among the civilians that was witnessed through the TV media made me feel fortunate and happy that i am part of a more civislised economy than a more developed economy. This is my personal feeling and this is not against any of my american brothers & sisters.)

Well i hope to contiune with this post of my mine sometime soon....i know the write up is incomplete but i kinda got to get back to work....Adios