Over the last few days as the corrections unfolded in the equity markets globally the predictors of doom came out and started talking about the reversal of the US Dollar Carry trade and that the USD was likely to bounce back sharply over the next few weeks and months which will lead to a huge […]
Read MoreWe have seen correction unfold in the equity markets over the last few days after the significant run up seen over the preceding few months. After reaching a level of around 5200 for the Nifty and 17500 for the Sensex the markets have been correcting over the last few days. The reasons for the same […]
Read MoreAfter a 100% rally from the March bottoms the markets today look to be wanting to pause. The rally from the March bottoms has been fuelled by a variety of factors which includes an unprecedented flow of cheap money into the global monetary system, the bottoming out of economic performance and a sharp uptick in […]
Read MoreCirca 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 […]
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