In the news

To rate cut or not… I think not!

A 25 bps cut in the repo rate (this is the rate at which the central bank of a country in our case RBI lends to commercial banks in event of a shortfall) is what most the market is factoring in.     The RBI meets on Tuesday for the bi-monthly policy meet, and it […]

The weekend show with ET Now – All About Stocks

The weekend show on ET Now aired on 28th -29th June 2014, All About Stocks, where I answered viewer queries, my portfolio was reviewed and of course we discussed the week gone by and budget expectations

Reiterating buy on Tata Motor DVR tgt Rs 240/-

The third-quarter earnings of Tata Motors were way past analysts’ estimates. An exceptional income in the local standalone business as well as a stellar performance of subsidiary Jaguar Land Rover  are what made the quarter a special one for Tata Motors. Consolidated revenue for the firm stood at Rs 63,877, rising 38% y-o-y from Rs 46,090 […]

Link to All About Stock the ET Now show 25th Jan 2014

Every once in a while I do a show with ET Now called All About Stock which airs over the weekend – I regularly get very good feedback about this show so I thought to share the link of the 25th Jan 2014 show. The show talks about stocks, portfolios and other investment related issues […]

Assembly elections unlikely to provide the market any clear-cut direction…

State elections are to be held in Chhattisgarh, Madhya Pradesh, Mizoram, Rajasthan and Delhi in November and December.  The polls are taking on a bigger dimension with about 6-8 months to go for the general elections these elections are being viewed as a warm-up before the main event. The election in Chhattisgarh for 90 seats […]

The IPO story…(this article was published in Indian Express)

Indifferent secondary equity markets have meant poor IPO markets too. If we look at the data over the past 18 months or so of the 60 companies that came to raise capital only 12 have managed to give a decent return to investors, another 6 or so are trading above their issue price while a […]

S&P revises India outlook to negative, markets recover by end of the day, all eyes on the FOMC meet…

Nifty began on a weak note due to a correction in technology stocks.  Interest rate sensitives saw buying and markets saw a recovery.  High fiscal deficit, heavy debt burden and slowdown in investment & economic growth forced the foreign rating agency Standard & Poor’s (S&P) to revise Indian outlook to negative. This led to a […]

TCS up 12% after good numbers, markets consolidate in a listless day of trade…

Markets started off trade with a small gap up consolidating after yesterday’s sharp fall. Nifty moved in a very narrow range and the overall mood was subdued.  Even European markets like France’s CAC and Germany’s DAX jumped 1% each post Spain sold bonds worth 1.2 billion euro, which was higher than 1.08 billion Euro bonds […]

Monday blues: Nifty tanks 90 points, April expiry promises to be rocky, rupee back to its losing ways…

Markets at open were quiet –  a little lower and then slightly in the positive. As Europe opened lower post weak economic data the overseas concerns began to reflect on the Nifty, the rupee to depreciated further losing 48 paise to go  to 52.55 a dollar. The Nifty closed a whopping 90 points lower at […]

Nifty future plunges to almost 5000 levels….fat finger? algorithm error? Reliance results awaited as markets end up 1.6% for the week…

Markets saw a subdued start to the day.  Global cues were disappointing.  US economic data and fears of a French downgrade played on traders mind.  Nifty was rangebound and recovered – in the afternoon trade markets were jolted rudely out of their slumber.  Nifty futures suddenly plummet to 5000 in what is now being examined […]