Showing posts with label sports. Show all posts
Showing posts with label sports. Show all posts

Monday, October 25, 2010

Think Beyond Cricket

Its true,India has very little respect for any other sports than cricket. I feel it is all because of the media and the political support it gets due to the fact that cricket earns more cash than any other sports in the current Indian sports scenario. But if someone wants to really push other games to the forefront, it needs only a fraction of the money earned by cricket. so to think of this situation, why is the sports association not diverting its cash flow from cricket to other sports and give some support to other players.
Always it s combined effort on the world stage that matters when it comes to Olympics or CWG or any thing that represents the country.

In this CWG 2010 Delhi our sports man ranked 2nd amongst all the 72 participating countries. India's National Games is Hockey. Hockey federation is in Financial Crunch, they are not able to provide Players to a good infrastructure and other facility.Unfortunately a few corporate sponsors like Tata, Jindal, Mahindra etc., are concentrating only on the upper crest of some of the games.

It is high time that sports organizations are managed by experienced sports persons only with real life experience and government plays only the role of a facilitator.This will bring glory to the nation as we have enough talent in this country .

In order to revive the sport arena of our country, professionalism should be placed first on priority. Politics, religion, caste, class or language should not be the yardstick of measurement for selecting the organizers or the athletes. The government should bring in professionals to head these bodies.

The media should leave behind its bias of glorifying cricket and marginalizing other sports events. It should give due importance to the stars like Abhinav Bindra, Gagan Narang, Saina Nehwal and others, which will encourage the future generations to follow the path of these real stars.

It is high time that we should focus on the basic forms of sport - athletics, gymnastics and swimming - the building blocks of all sport. Organizers should direct their focus on winning medals rather than participating in many events. Efforts should be taken to keep the spirit alive in individual events such as chess, shooting, tennis, boxing, billiards etc where Indian players are exceptionally well at. The Sports Authority of India should take a lead in promoting the various sports events so that the lost glory returns to many of our games that they had before. 

Sunday, December 6, 2009

Sachin & SENSEX

Some Days before i find a mail in my mail box,Its related to Sachin Tendulkar and SENSEX. It was a worth while reading mail.In this mail there are positive Co-Relation between A world Famous Indian Cricketer Sachin Tendulker and also a reputed Financial institution Index SENSEX (Bombay Stock Exchange).This is a case study for Financial Market Research Analyst.

When Sachin Makes a century or making a good score,the BSE Index Sensex goes Up,thats means market has gone up. Some of The statistics are taken from 2000 to 2009.
U. W. M. B. C. A. Welegedara (yes, those initials are right!) is the new hero of Sri Lankan cricket. As a late replacement in just his second Test match, yesterday he cleaned bowled the great Indian batsman Sachin Tendulkar - for just four runs.

And that's not good news for the Indian stock market.

Sachin Tendulkar is, arguably, the best batsman ever. He's certainly scored more runs in international cricket than anyone else – nearly 30,000 of them. When he hammers a century on home soil, the whole country cheers right up. Including the Bombay Stock Exchange's Sensitive Index (Sensex).


This Bloomberg chart below indicates that on 75% of trading days after a domestic Tendulkar ton – the blue bars show the daily percentage move - the Sensex rose. Indeed, the index ticked up following each of the last seven centuries by the 'Little Master'. So any more swing bowling successes from Mr Welegedara won't go down too well with the local stockbrokers.

But there's a much bigger picture here. The Sensex has more than doubled from its early-March lows. And despite last year's massive sell-off, the index has risen almost three times in five years to within 18% of the all-time high in January 2008.

Now the Sensex is looking ripe for a pullback. Firstly, the Indian Reserve Bank has started tightening monetary policy and "higher policy interest rates are only a matter of time", says Kevin Grice at Capital Economics. Interest rate hikes are generally bad for share prices as they increase the returns investors can get elsewhere.

Second, as Grice also points out, "valuations are now expensive, and the risk that the near-term outlook surprises on the downside appears far greater than the possibility that India's economy can continue to beat expectations". In other words, the market is pricing in plenty of good news that may well not materialise.

Before writing this Article i had make an post on Facebook and Twitter.I got some vry interesting answer,Some of the answer are :-
Both belongs from Mumbai ETC



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