Disclaimer – The article is not a recommendation for the purchase or sale of any stock The NTPC sale was the first large scale disinvestment taken up by the government after it has come into power in May of last year. There was a tremendous euphoria build up for the issue with various news sources […]
Read MoreAnd general thoughts I was generally interested to see what kind of outperformance in the Indian context is required on a consistent basis to outperform in the long run. The results will be surprising for most people as the magnitude of outperformance that is required is not so high as what is perceived. The reasons […]
Read MoreOver the last few days the stock markets in India and Globally have corrected sharply driven by various concerns on inflation, growth, roll back of stimulus measures, Chinese tightening and finally expectations from today’s RBI policy. There were also concerns on market valuations going on but these are not so relevant in my view as […]
Read MoreOver the last few days we have seen stock markets globally correct sharply. This fall started with news flow from China regarding monetary tightening and reining in of loan growth. This has been followed up by news flow from Europe regarding deteriorating position of guess who, off course countries like Greece and Spain. The top […]
Read MoreContrary to most expectations the US Dollar Index has started to appreciate from the beginning of the current year and after moving down in the initial part of the current month has appreciated sharply. In general most people tend to track this index and form views on the direction of currencies other than those comprising […]
Read MoreOver the last few weeks the news flow on how some prominent global commentators believe that the Chinese economy is a bubble and that it is likely to burst sooner than later has been gaining ground. The key for us to see is that whether it is based on proper analysis or is it wishful […]
Read MoreThe next three months are likely to see several forces playing on the markets which are likely to exert pulls on the markets on different sides. On one hand we are likely to see positive contributors towards the markets which will be in the form of improving earnings picture. The third quarter results in general […]
Read MoreBack from an excellent vacation and also having watched the big blockbuster movie “3 Idiots”. An amazing movie in which for the first time I actually saw the audience clapping after the end of the show and a movie liked by all and sundry right from small kids to the old. Given the fact that […]
Read MoreProceeding to a vacation at the year end, I thought I would just put out some year end thoughts and also try to summarize what I thought should happen in various market segments and how it has actually panned out. The year obviously has been an amazing one with most dire predictions going out of […]
Read MoreAs per expectation gold prices have rallied sharply over the last three months before cooling off by around 8-9% over the last few days. As I had written in September, gold had made a very strong technical move as it moved above the USD 970 per ounce level and my view was that this will […]
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