RBI released the report on enhancing liquidity in the government bond and interest rate derivative (IRD) market on the 13th of August 2012. I thank RBI for taking my inputs and recRead More
The government bond yield curve in the US is upward sloping, which is what a normal yield curve should be. Let us analyse why US yield curves are normal. Chart 1 shows the upward sRead More
The last month of the first half of fiscal 2012 is a tough month for bond markets. The markets have to contend with government bond supply, liquidity, RBI mid term policy review anRead More
The Nifty and Sensex are consolidating at higher levels after a 15% rally calendar 2012 year to date. Equity indices have gone up despite weak economic and corporate data. India GDRead More
The economic slowdown in India is for real and not just suggested by statistical data. The evidence of slowdown is noticeable. Conversations with friends suggest that their businesRead More
Bajaj Finserve- Wait for target price We had recommended Bajaj Finserve for Investment at Rs 690/- with a target return of 50%, implying a price of Rs 1035/-. The stock is trading Read More
It is a wonder why the CAG (Comptroller Auditor General) report on coal mine and Delhi Airport Project is raising such a hue and cry. It is a well known fact that the government diRead More
In the last tutorial we saw that the yield curve in India and a few European countries were inverted at points of time and we analysed the reasons for the same. The government bondRead More
In tutorial four on equity research we went about the process of collecting information on Tata Motors for analysis on whether the stock is worth buying or selling. We will now havRead More
RBI monetary policy in the Indian context can only suggest which side the economy should be headed and cannot push and prod the economy in the direction in which it wants it to go.Read More
Inflation as measured by the WPI (Wholesale Price Index) for July 2012 came in better than expected at 6.87% against market expectations of around 7.25%. The fall in inflation actuRead More
Global equities closed positive last week on the back of investors regaining risk appetite. Bond yields of Spain fell to its lowest close in six weeks as investors gained confidencRead More
Indian issuers in the global bond market are seeing their credit spreads coming off, and this indicates a positive outlook for Indian equities going forward. Credit spreads as measRead More
Paid member are happy but we will not rest  Arjun Parthasarathy Published: 16th August 2012 The true test for any customer oriented website is the willingness for members to renew Read More
In tutorial three on equity research we identified two main sources of information for analysis, primary and secondary sources of information. Let us now take an example for collecRead More