Markets have been running up distinct from the ground reality as I have been writing and talking about. The markets seem to have gotten a dose of reality and perhaps...
Indian GDP shrinks by 23.9% in the quarter ending June 2020. The economy's worst performance since the measure started in 1996 and perhaps our first contraction in 4 decades!! Yes,...
Have you ever wondered how India has fared since gaining independence in 1947. Before one analyses the growth in the past 73 years, I think it is important to understand...
When was the last time you had growing bad news coupled with market highs in Equity and Gold....all at the same time? Indian Stocks are at the highest level since...
It is almost 3 months since the markets hit a low on March 23 and since then most international and Indian markets have rallied up. I had written about the...
The RBI fired another salvo cutting interest rates by 40 bps, cutting it by 250bps since Feb 2019. The RBI had a very pessimistic view of the economy, saying it...
Everyone was glued to the seats as the PM of India announced Rs 20L Crore as part of India's response to the problems caused by Covid-19. We have been waiting...
Globally markets have been on a tear in April. The US Dow Jones has its best month since 1987 and has rebounded +30% since the low of March 23 while...
I started my post-CA career in the United Arab Emirates and my second job was in Schlumberger, an Oilfield services company. If someone were to tell my younger self that...
People in many many parts of India are celebrating their new year today. Puthandu in Tamil Nadu is celebrated on the first day of the Tamil month Chithirai, marking the...
Change is the only constant, a phrase that I learnt during the early stages of my career in Citi and it is one thing that remains pertinent even today. If...
The markets were already groaning under the impact of the Covid-19 epidemic, made worse by a weak economy and now they have to deal with the collapse of a major...
Many days are red followed by some green and then red again!! The highly networked world seems to cause more panic and the market is reacting to all this causing...
Japan’s PMI for February has come in at 47, much below January’s 50.1. A reading below 50 indicates contraction from the previous month. Similarly, Australia’s flash composite PMI for February...
Expect the unexpected....those of us in the markets for long....always carry this mantra.How else do you explain a virus present in bats that affects humans via snake meat!! The Coronavirus...
The Dow Jones has lost 2200 points (-7%) in the past week. The reaction is due to the deadly viral outbreak of COVID-19. There are now about 80K cases of...
Finance Minister Nirmala Sitharaman will present her second union budget on Saturday, February 1. Stock exchanges usually closed on weekends will be open like any other weekday.The protests over CAA...
Every fund manager we meet advises us that the theme for 2020 seems to be about shifting the portfolio, slowly and steadily, towards Mid & Small-cap funds. Many brokers are...
The markets closed the year 2019 with a bang. While the broader market was down, the Sensex and Nifty are both up 14% and 12%, baffling most market watchers.Q: Didn’t...
