The EU summit started with extremely low expectations and that was also reflected in the movement of the markets prior to the summit where most markets sold off going into the summit. This by itself was a good sign that post event; at least we will not have a severe market selloff. The key takeaway […]
Read MoreI would like to begin this piece by an interesting observation. Exactly around a year back a survey was done of around 50 India focused Fund Managers as to the direction of the markets in the year 2011, the survey revealed that more than 45 Fund Managers were of the view that the year 2011 […]
Read MoreAs the markets flirted with their low levels during the course of this year the one thing that was missing was a feeling of complete capitulation and total apathy and panic setting into the markets. Although I had expected the lows of around 15500 for the Sensex and 4700 for the Nifty to hold and […]
Read MoreI have just come back from a Diwali break and had a good vacation. I did not miss much during my trip and most of the markets and stocks seem to be placed similarly as they were a couple of weeks back. The results season has progressed and in general has been quite decent given […]
Read MoreThe low expectations result season has started off reasonably well with most of the companies reporting till date either beating or meeting expectations. Although it is early days yet, given the fact that we have gone into the results season with low expectations it augurs well for the markets. The general observation from the results […]
Read MoreAs a follow up to my article written a few weeks back I am now writing this article which will further prove that Indian WPI inflation is largely driven by global commodity prices with a lag. Although the earlier article did prove that RBI policies are totally ineffective in controlling inflation while restricting investment demand […]
Read MoreThe US Federal Reserve launched its new initiative “Operation Twist” yesterday and the main aim of the same is to reduce long term rates and promote greater lending and try to stimulate the economy. The key statements that came out were “There are significant downside risks to the economic outlook, including strains in global financial […]
Read MoreThe last couple of months have been amazing in terms of the amount of negative news they have generated right from the slowdown of the US economy and the volatility due to delay in passage of the Debt limit to the actual US downgrade. This was followed by increased pressure on troubled Euro zone countries […]
Read MoreThe month of August started off with the downgrade in the Sovereign rating of the USA which led to a severe sell off in most of the global markets. There was a flight to safety and as a result of which we saw US Government Bonds, German Bunds and precious metals rally significantly. Gold prices […]
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