Infy results failed to deliver,but markets are not.

The crash that followed Infy's poor performance was not a deterrent to the markets, you know why? Tech boom is a closed book, there are other stocks that are doing pretty well. When the markets crashed, which was because our major indices are tech heavy index. Our index committee has to wake up and revamp our base indices, no more can techs hold promise to our overall performance.Shrinking order books, cutting expenses, differing increments and postponing bonuses. Do you think all these is good news for the industry. But still there are people who believe on these sleeping companies and placing their money on them.

The gains that they get from such investments are minuscule. When there are companies who promise above 50% or even more than 100% gains in a month, why do you want to invest in these under performing stocks, once upon a time, they were so called blue chips. They are not blue chips any more, they are being bring fried red hot by competition. 

As every parent in every household across the country wanted their children to be tech savvy and earn in dollars. Due to force children opted for tech related studies without knowing the consequences. The supply situation for the employees has tilted, there is no more demand, it is actually oversupply. And one more sorry state is that all the freshers do not have the talent that the earlier masses had in them, why is this?

Again it was the irresponsibility of our own citizens, those who graduated from the best of teachers left the country to make their life the best never having a thought about the future, they were more worried about their personal future, leaving a handful of dropouts to teach the next generation. One can understand, what standards these out coming fresh talent will have to handle any situations. The writers personal experience with a large number of engineering students who had an aspiring dream of becoming tech graduates are washing dishes in hotels across the country, struggling for a one square meal a day. It is pathetic, we are a rich country with lots of talent, but misguided largely by greedy parents. This is areality proved just a few weeks back.

Also as we know well that most of the top companies that were spear headed by the great brains have all left their places to give chance to the younger generation, this was a appreciable task, but what is the capacity of the younger generation. The facts speak on itself, results are going to go worse, competition is going to increase manifold, the high flying margins these companies were enjoying is vanishing into thin are like ice in hot sun. Investors beware, if you still believe and be with these companies, expect something like Enron or another Satyam in the making very soon.

We are here to make money in the markets, and to not havesentiments or emotions and loose value. At the end of the day you and your family are happy if you have cash, nor Infosys or wipro which is only on paper and diminishing in value.

An awareness that I thought had to be shared. Please think twice before investing your hard earned savings into tech or even for that matter companies managed by unethical management, one such greatest example is the Reliance group.