India’s GDP growth estimates for 2012-13 are being revised downwards on the back of weak monsoons, rising inflation, sticky interest rates and sluggish global growth. RBI revised tRead More
How to build portfolios based on your investment philosophy? Once you have an investment philosophy the next step is to make sure that your portfolio is built around that investmenRead More
China’s July 2012 inflation came in at 1.8% the fourth straight month of falling inflation. China’s June inflation was 2.2% and May inflation was 3%. Markets are expecting rate cutRead More
The bond market got over its initial disappointment of RBI holding rates status quo in its policy review meet in July to take down bond yields by 5bps to 8bps on fresh hopes of ratRead More
The interest rate environment is said to be stable when government bond yields move in a reasonably narrow range and the yield curve is normal. See yield curves. In such times of sRead More
Identifying the Indian Apple-Part 12 Tata Motors is the cheapest auto stock in the BSE auto index and offers a 50% upside from its current market price of Rs 230. The downside riskRead More
PSU bank stocks are trading at around 50% or more discount to private sector banks in India. The valuations may look attractive but the fact remains that a shareholder in PSU banksRead More
Indian markets are expecting the new FM, Mr. P. Chidambaram to deliver market friendly policies to improve market sentiments. Market friendly policies include encouraging portfolioRead More
The Euro has largely been instrumental in moving asset classes all over the place over the last one year. The world is watching the Euro for cues on direction of equities, currenciRead More
The traditional safe have assets of US Dollar, Japanese Yen and US bonds have all seen good strength in 2012. Equities rallying despite weak economic outlook and despite strong floRead More
RBI held policy rates status quo, Fed did not say anything new and the ECB brought out its differences with the most influential central bank in the Euro zone. Equity markets, whicRead More
Liquidity as measured by bids for repo in the LAF (Liquidity Adjustment Facility) auction of the RBI was in deficit of Rs 17,705 crores on Friday the 3rd of August, the lowest defiRead More
There are two ways to look at India at present. One is the gloom, doom way that says India is finished and it’s status as one of the most vibrant economies is over. The other is thRead More
Bond traders will be wondering what the RBI was thinking when the central bank cut the SLR (Statutory Liquidity Ratio) by 1% in its policy review on the 31st of July 2012. The moveRead More