Categories : Blog (249)

As expected last week, despite considerable slowdown in momentum, both Nifty and Bank Nifty have made a decisive move towards their immediate resistance levels of 8848 and 20660 respectively.   The momentum indicators now appear little...

We conducted an email interview with Mahesh Patil, Co-chief investment officer of equity at Birla Sun life Asset management Co. to understand the under-allocated sectors in market currently.   Below are the edited excerpts of his interview...

The economic survey presented a couple of days back presented some evidence about the trends in labor migration in the country. While most of us anecdotally knew these trends, it is good to see that the policy makers are also realizing, though...

Watch those whales while fishing

Trading daily is like fishing. You survey the scene and the weather, fish where it's best and catch a few pips. Sometimes they're large fish, sometimes they're small fish and sometimes there are no fish at all.   Once in a while something...

The rise of interest rates in Europe have seen premiums over Germany increase.  This is not unusual.  Often the intra-European spreads are sensitive to the underlying direction of rates.  The premiums often narrow in a falling rate...

We had a telephonic conversation with UBS Securities ED and Head of India Research, Gautam Chhaochharia on earnings recovery in 2017 after demonetization. Below are the edited excerpts of his interview with us: Ques. What has made you have a...

Budget FY18 - Reinforcing the intent

Union Budget 2017-18   Brave. Strong focus on quality of life and probity in the given climate is brave. Pragmatic. Avoiding undue populism and conceding ground where it is due. Routine. The budget is made and presented in a...

Fed to take it slow

The FOMC decision gave a nod to better sentiment but offered no guidance on how soon it could hike.  The US dollar slumped after the announcement with a March hike more in doubt.    The Fed funds futures pricing for a March...

Union Budget 2017-18 Brave. Strong focus on quality of life and probity in the given climate is brave. Pragmatic. Avoiding undue populism and conceding ground where it is due. Routine. The budget is made and presented in a routine...

Why Trump is a worry?

Recently, a standup comedian popular in Mumbai circuit, ridiculed the Indian media, and the Indians who stay glued to it, saying that we unnecessarily bother about the world affairs, even on issues which do not concern us at all. Election of Mr....

We met with Mr. Rajat Jain, CIO at Principal PNB Mutual fund to discuss portfolio allocation strategies post Demonetization & earnings recovery Below are the edited excerpts of his interview with us: Ques: At present, do you think there are...

US Dollar hanging by a thread

The US Dollar remains vulnerable. While price action yesterday in DXY Index was looking constructive - by and large built on topping-like price action in EUR/USD - the lack of follow to the topside, and subsequent reversal, leaves the greenback...

Coffee Conversations - 2

We met with MD&CEO of Shriram Transport , Mr. Umesh Revankar earlier this month to discuss impact of demonetization and expectations from the Union Budget Below are the edited excerpts of his interview: Ques. After demonetisation hit loan...

Hey, you currency manipulators!

A two-pronged salvo on currency manipulation Tuesday makes it likely the communication was planned  and  deliberate. It started with Trump trade adviser Peter Navarro who said Germany is using a grossly  undervalued euro...

Prelude to Budget FY18

[All information in this note are reproduced/summarized from the Eco Survey 2016-17 released yesterday. We have inserted our comments in RED]   Govt realizing many new things that we knew all the while   The economic Survey for the...

Many years ago someone told me "believe in your strengths and weakness". I said, "I do!" He paused for a while and said calmly, "knowing is different from believing. For example, you know that you will die someday. But do you really believe...

We met with the chief economist of HDFC bank, Mr. Abheek Barua to discuss thoughts on Demonetization impact, Universal Basic income and expectations from the budget.   Following are the edited excerpts of our conversation with him...

Three major central banks - BOJ, Fed and BOE meet in the week ahead, and there are several important reports due out that will give investors more insight into how the economies have begun the new year.However, the uncertainty surrounding these...

Setting aside all concerns over massive collateral damage from the move to replace 86% of Indian currency, and Trump rhetoric against imports, Indian equities had their best week in eight months.   As expected, both Nifty and Bank Nifty...

Going Nowhere

Earlier this week, Pakistan stock Index touched 50,000 for the first time. A group of analysts are excited by the development and though early signs, some are even contemplating of including it in the EM basket. Jingoism apart, we find it...

Powered by CjBlog