Over the last few days we have seen significant market weakness (contrary to my expectations) largely driven by rate hike fears and inflation. This has found support from renewed concerns on the sovereign debt of Euro zone countries that are likely to face refinancing issues during the current year. I have also come across some […]
Read MoreThe year 2010 passed off as a pretty eventful one with the stocks markets gyrating in a very narrow range for a large part of the year before taking off in September and ending the year with gains of around 17%. The beginning of the year saw a generally positive tone pervade and the various […]
Read MoreI have been cautious on the markets over the last 2-3 months mainly due to extremely overbought conditions, global issues – mainly related to the Eurozone as well as the stubbornly high inflation domestically which has led to extreme tightness in the system and will lead to a short term slowdown in economic growth. Other […]
Read MoreAlthough the RBI in its statements since the last policy meeting has indicated that there is unlikely to be further tightening in the near term the risks for the same remain mainly due to the significant rally in commodity prices over the last few weeks and also due to the fact that food prices have […]
Read MoreI have been wondering what to write over the last few days and also trying to get a grip on the markets as to whether the correction that I was expecting and has unfolded has ended where it did at around 19000 level of the Sensex and 5690 for the Nifty or do we have […]
Read MoreI have been wondering what to write over the last few days and also trying to get a grip on the markets as to whether the correction that I was expecting and has unfolded has ended where it did at around 19000 level of the Sensex and 5690 for the Nifty or do we have […]
Read MoreThe Indian financial sector i.e. Banks and Financial Institutions that weather the financial crisis very well in the year 2008 are today facing multiple headwinds which are likely to lead to an increase in NPA’s going forward. First is the traditional risk in lending during times of easy liquidity and lower interest rates which all […]
Read MoreThe markets over the last few days have been jittery because of concerns regarding Ireland and whether that country will be given a free lunch and bailed out by the Euro zone rescue fund. The key aspect to consider however is whether a bailout is the best option or lenders should be forced to take […]
Read MoreBefore coming back to issues on the economy or the markets I just thought that I would write on an exciting tour I did over four days of the last weekendwhere we spent this time in doing a Tiger Safari in two of India’s national parts, namely Kanha and Pench. We stayed in the safari […]
Read MoreNearly half of the results season is now through and in general results have turned out to be quite strong. Most of the Banks and NBFC’s have reported strong numbers and have been able to maintain asset quality as well as Net Interest Margins. The key going forward will be to look at margins in […]
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