At various stages of the markets when the global financial markets tend to be linked to each other on a day to day basis most investors lose focus on the fact that over the long run higher growth economies with better growth prospects and earnings growth will outperform on a sustainable basis. However the key […]
Read MoreThe much awaited downgrade of USA’s credit rating took place today morning. The event was imminent the question off course was when and in line with the way market shaking news has a habit of happening in quick successions it has happened today. With the US Government debt moving up to levels of 100% of […]
Read MoreFor the second time in three months RBI’s monetary policy announcement has led to a breakdown in the build up of a positive trend in the markets. A 25 basis points increase would have led to the continuation of the rally and we should have seen markets at around 6000/6100 for the Nifty by August […]
Read MoreAs the ancient saying goes, that is what has been happening in the financial markets since the beginning of the current month. After Greece, Portugal and Ireland got downgraded to Junk the speculators have now trained their guns on Italy and Spain, as a result of which we have seen extreme volatility in the financial […]
Read MoreThe month of June turned out to be a very interesting one for the markets where the markets sold off in the early part of the month due to negative news flow on global markets as well as the biggest concern over the last few months i.e. inflation. In the middle of the month there […]
Read MoreREUTERS CRB INDEX Most of the major events scheduled for this month are now behind us with the IIP data (downside surprise), inflation (upside surprise) and the RBI policy (no surprise) getting over today. Under the circumstances the movement of the markets till the end of the month again goes back to that of following […]
Read MoreThe month of May again turned out to be a boring one for the stock markets. The markets drifted down right from the beginning of the month and we saw a slow and steady decline in both the front line and broader indices in the first three weeks of the month. The drift in the […]
Read MoreOver the last 10 days we have seen a sharp sell off in commodity prices after an unprecedented run up since last May/June which saw the prices of most commodities rally anywhere between 40-100% plus. The rise in prices initially obviously was fuelled by a greater confidence on economic growth prospects as well as reducing […]
Read MoreThe much anticipated monetary policy by the RBI took place today where the Reserve Bank finally gave way to arm chair economists and hiked rates by 50 basis points as against an expected 25 basis points. The apparent reason for the same is to anchor inflationary expectations. However the reality is that this has been […]
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