Resignation by the RBI governor Mr.Urjit Patel after being in office for a little more than 2 years was a big surprise that has come after market hours on 10thDecember. 11th being a big event day with 5 state assembly election results where we are having shaky grounds and the...
In early October this year the emerging economies predominantly India was worried about crude increasing rapidly on its price. Many of analyst expectations that it will not go beyond $63 went wrong, it moved past $80 and there were pessimists in the forefront talking that it will soon cross $100 and...
Jaitley’s talk at the ET awards, “Users should pay for oil… else fiscal deficit will rise and add to the current account deficit. It will push up inflation, weaken rupee. Tax on fuel prices should come down not by creating fiscal deficit, but through an increase in the non-oil...
Nifty closes above 200 DMA, rally comes from not so prominent stocks contributing for the gains. On Friday it was Bharti and today it was Yes Bank. Both are not fundamentally great ones. After a steep correction when there is a recovery, the general pattern is to go up...
I had been to the Morningstar Investor Conference in Mumbai, had the opportunity to hear thoughts of some prominent names in the industry, fund managers, Economists alike. Thoughts that were shared by economists were too negative, at a time when the markets are down with lots of pain in...
For the last few years, we have been going through continuous defaults by corporates in our country. More than 10 lakh crores of NPA’s & more can come. It can be agreed that there will be a few weeds in any stack, while not all of them or major...