Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

On Slack: Desperate Central Bankers, Deutsche Bank Mess, La Nina Elusive, Oil Output Cut and much more…


The Slack Discussions

Slack Logo2The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there (Premium subscribers only), pop us a note or login here using your premium credentials.

A brief summary of some of the interesting things discussed there in the last few days:

#stocks: RCom has ‘virtually merged’ with Reliance Jio: Anil Ambani

Anil Ambani says RCom will share spectrum, networks and towers with Mukesh Ambani ’s new mobile operator Reliance Jio Infocomm. (Link)

#macronomics: India 39th most competitive country, up 32 places in 2 years

Switzerland, Singapore and US continue to occupy top three slots; China 28th (Link)

#fx-commodities: OPEC Agrees to First Oil Output Cut in Eight Years

OPEC agreed to the outline of a deal that will cut production for the first time in eight years, surprising traders who had expected a continuation of the pump-at-will policy the group adopted in 2014 at the instigation of Saudi Arabia. (Link)

#general: Sebi allows options trading in commodities

Sebi’s move aims to enhance liquidity and broad base participation in the commodity market. (Link) (Link)

#fx-commodities: OPEC agrees modest oil output curbs in first deal since 2008

OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. (Link)

#general: Rise of Algorithmic Trading in India

The global hunt for yield has made India popular with investors this year. The Nifty Index has gained 10% in 2016. Bloomberg’s Harsha Subramaniam spoke to National Stock Exchange of India CEO Chitra Ramkrishna and started by asking her how exchanges are dealing with new technologies. (Link)

#general: 12 SME IPOs To Hit Markets Tomorrow To Mop Up Rs 70 Crore

Enthused over upbeat investor sentiment, as many as 12 small and medium enterprises (SMEs) will hit the capital markets on Friday to raise an estimated Rs 70 through initial public offers. (Link)

#fx-commodities: Govt likely to provide benefits to jute industry

Textiles Ministry has sought the Cabinet approval for its proposal to make it mandatory to package 90% of foodgrains and 20% of sugar in jute bags. (Link)

#stocks: L&T Management’s ‘Opportunistic’ Move Ahead Of Listing Of Subsidiaries

L&T’s executive directors have generously issued themselves stock options of subsidiary companies at face value, before these companies’ went public, says proxy and governance advisory firm IiAS. And it’s the manner and timing of these issuances that have led IiAS to question the management’s governance practices, and the checks and balances the company has in place. (Link)

#general: Airwaves Sale Set to Draw Weak Bids as India Price War Saps Cash

India’s plan to raise a record 5.6 trillion rupees ($84 billion) via an auction of mobile-phone airwaves will face headwinds as a price war for subscribers saps the finances of the carriers preparing to bid. (Link)

#bonds: Funds wary of equity schemes’ growing size

Gains may moderate in the backdrop of three previous years of high returns, say fund managers. (Link)

#general: Bihar liquor ban: Patna HC strikes down govt’s prohibition law, terms it ‘illegal’

Earlier in the month, Nitish had claimed that the liquor ban imposed on April 5 across the state had brought positive changes in Bihar. (Link)

#general: Explainer: The Deutsche Bank mess, and how it all started

It’s taken 10 years and a series of disastrous unfortunate events, but now Deutsche Bank is teetering dangerously close to financial ruin.
Its shares have lost more than 50 per cent this year, in fact they’re down 20 per cent just this month, and hedge funds have begun pulling money out of the 147-year old institution. (Link)

#general: Large appliances the next growth driver for online retail sales

Large appliances account for less than 10% of e-commerce, and online retailers hope to cash in on this category during the festive season. (Link)

#general: How to Retire at 40

Three early retirees tell their story of living on 4 percent or less. (Link)

#macronomics: India misses monsoon rainfall forecast as La Nina proves elusive

Monsoon rainfall totalled 862 millimeters, or 97% of the average between 1951 and 2000, data from the India Meteorological Department (IMD) shows. (Link)

#general: Black money disclosure at Rs 65,000 crore till 8.00 pm

Govt’s Income Declaration Scheme saw an overwhelming response just a few hours before the deadline was to over. (Link)

A quick Deutsche ‘splainer


Is Deutsche Bank the next Lehman Brothers? The denials certainly don’t help suggest it’s not


Desperate Central Bankers

DISCLAIMER: Please do not treat anything in this newsletter or Capitalmind Premium as investment advice. Capitalmind Premium does not provide any recommendations of securities. However, you may choose to consider our content as one input in your decision making process. While we may talk about strategies or positions in the market, our intent is solely to showcase effective risk-management in dealing with financial instruments. This is purely an information service and any trading done on the basis of this information is at your own, sole risk.


Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial