It has now been three days since demonetization was announced. The initial euphoria among the middle class as well as honest tax payers has given way to some sort of misgivings due to the slow process of currency change and new currency availability. Many people who do not understand economics also are spreading issues like […]
Read MoreIt’s been some time since I wrote on the markets and the main reason was to let the event of the US Presidential Elections get over. However on the same day we also got hit by Demonetization as announced by PM Modi which has its own implications on the short as well as long term. […]
Read MoreIt has been an uneventful month for the Stock Markets after the strong rally seen over the last few months. The August was like most Augusts’ that tend to be boring. The boredom got released a bit yesterday as the FED talked of potential rate hikes “AGAIN”. It’s a good thing to bring some fear […]
Read MoreYes you are right PESSIMISM. It is amazing the kind of scepticism that thrives all around today. Most people are not willing to believe that a recovery is on and that the macroeconomic scenario in India is much better than it was ever over the last many years. There are several reasons for this, however […]
Read MoreBash the Central Banks is a common theme that goes on all the time across various discussion forums and from Economists of different Hades and hues. However the fact is that most of them would not have their jobs and the companies that they work for might have gone down under if the Global Central […]
Read MoreThe Union Budget was presented today. Normally budgets are taken as a statement of intent of the government and give a directional view of where they want to take the economy and the country going forward. There were only two major things that I was frankly looking for in the Budget, firstly whether the 3.5% […]
Read MoreWe are now at the fag end of the results season for the third quarter. Most results have been in line with expectations except for the Banking sector where a Raghuram Rajan propelled cleansing left most PSU banks and some Private sector banks reeling under massive stress which was always there but the public could […]
Read MoreThe crash in the markets since the end of December caught most, including me by surprise. Although I was perturbed by the continuous and unbridled rise of small and mid cap stocks the divergence where large caps were not doing well and small caps kept on rising was an enigma for sure. Whatsapp groups were […]
Read MoreWe have had a unique start of sorts to the new year 2016 where the cautious optimism of last year end has given way to pessimism and despair mainly due to the occurrences in China and the two instances of down circuit filter of 7% each in the Chinese Markets. People have also been spooked […]
Read More2015 was both an interesting as well as tough year in the markets. For those who were bottom pickers and in the right segments the year panned out well. Those who were index huggers were on the other hand largely frustrated by the markets. Before I talk about the markets and developments in the domestic […]
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