Circa 2015/2017, some 5-7 years from today a newspaper headline says – The CERC (Electricity regulator) imposes a Rs 1 rupee floor on the rate of traded power. The supply of power in the spot market far exceeds demand. A majority of new merchant power plants operate at below marginal cost. The cost of power […]
Read MoreAs I had written in one of my previous articles titled “Is it time to go underweight on technology” I believe that the Indian Rupee is looking to appreciate significantly over the US dollar over the next few months. It has already appreciated by nearly 5% over the last one month itself. Over the last […]
Read MoreI have been reading lot of commentaries which suggest that the boom in the markets that we saw in the period 2003-2007 was similar to the Japanese markets upmove in the decade of the 1980’s and the fact that markets are likely to remain in a range, either sideways or with a downward bias for […]
Read MoreBack from a three day vacation at Udaipur. Excellent place and very relaxing. Happy Dussehra to all readers of the blog. May good prevail over evil Just penning down some thoughts on investing and not about the markets this time. Identification of stocks that can outperform the markets significantly and generate a huge amount of […]
Read MoreThe IT Services sectors has been one of the best performing sectors in the rally as it started from the early part of March 2009. Subsequent to the meltdown in the global equity markets and the extremely fragile state of the financial sector in the US technology sector stocks had plummeted and some of the […]
Read MoreAnd will promote excessive rent seeking by banks Over the last few weeks there have been noises from all over the world about working out a proper exit strategy for the huge monetary easing as well as the stimulus packages that have been put out all over the world. As per one estimate the total […]
Read MoreThe data for industrial production for the month of August 2009 will come out in the middle of October. In the face of the fact that the data for the month of July 2009 should be in line with expectations ( I am writing today when the data is out tomorrow, so lets see) it […]
Read MorePoints towards an imminent dollar decline The strong upward momentum in the movement of gold over the last few days in my view is a very significant event whose importance goes much beyond just its own price movement. The movement of gold prices above the level of USD 970 per pound has now begun a […]
Read MoreWhen they say that interest rates are about to go up Over the last few weeks i have seen comments from various senior officials of both PSU and Private sector banks commenting on the direction of interest rates and saying that interest rates are likely to move up over the next six months. I am […]
Read MoreI will start this article by quoting what i did at the end of the last one “The genius of investing is recognizing the direction of the trend -not catching the highs and lows” As i say this I will also add that i have been guilty over the last few months of doing something […]
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