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Month: September 2013

6 / 9

Tech System: ACC Makes It Up 6% to Exit.

I have been testing an interesting Bollinger band reject system combined with an MACD crossover. This seems to be useful in trending times like now. I ...

MCX-SX Licence Renewed, SEBI Disengages Promoter Control

The licence of MCX-SX, the stock exchange whose promoters are the same as NSEL (Financial Technologies and MCX), has been renewed for one year. This is despite ...

And…Nifty Turns Positive For 2013

With a nudge and a wink, the Nifty has gone from it’s deeply negative zone just one week ago, into marginally positive territory for 2013: Of course, as you ...

NSEL Executives Borrowed from Defaulting Companies

ET notes that NSEL top executives Amit Mukherjee and Kalpesh Shah have “dealings” with one of the biggest defaulters in the NSEL crisis, Mohan India. ...

Nifty, 10 Year Bond Yields and Inflation

A great question for Prashanth: How does this chart from Ritholtz look like for India? So I decided to plot the Nifty, the 10 year bond yield (month end values ...

RBI Sold $6 Billion in a Crazy July 2013

After selling about $1 billion in June, the Reserve Bank of India (RBI) has sold nearly $6 billion in July even as the rupee broke to above Rs. 60 to a dollar. ...

The Rajan Impact Continues on All Sectors

The Super-Awesome Raghuram Rajan effect on the market continues. Just kidding – he started what seems to be a pretty sharp move up – three trading days and ...

Charts: Imports Flat, Exports Up 13% in August 2013

The trade data for August 2012 shows a marked increase in exports, with flat imports (in dollar terms), making it possible for the lowest monthly trade deficit ...

Regulate Payment Systems, But Let In More Players

Medianama has a great post on what the new RBI Governor should do about Mobile Payments. India has been a graveyard of mobile payment companies (MChek, Paymate ...

The Rajan Impact on Sectors

Since Raghuram Rajan has come on board, in just two trading days, the Nifty is up 4%+. This of course has been the broad market, but what really has moved? The ...