Major energy companies are lined up to lock deals and land big profits with India’s new nuclear trade. India was out of the global nuclear loop for over 30 years, until now.

Last week we saw sale of promoter’s stake in Ranbaxy, India’s largest generic pharma company, to Dii Ichi Sankyo of Japan. Ranbaxy, set up in 1961, was valued at $ 8.5 b. in the deal. During a prior week I had attended the analyst meet of Punjab National Bank, which, after 119 years, has grown to become the largest but one (after SBI) public sector bank.

Everyone, but everyone, knows that stock markets globally are driven by two primal emotions, viz excessive greed (which brings about the end of a bull market) and fear (which signals the demise of the bear).