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Economy

In Very Boring IIP News, Jan 2014 is +0.1%

The Index of Industrial Production has come in at +0.1%, the first positive growth figure since September 2013. This is a very “oh okay, whatever” kind of ...
Charts & Analysis

RBI Sets Up Term Repo for 50,000 cr. on Friday, But No Real Liquidity Being Added

RBI will do a term repo for Rs. 50,000 crore on Friday, March 14. Remember that March 15 is the due date for income tax advance payments when companies have to ...
Charts & Analysis

Feb 2014 Sees 3% Drop in Exports, 17% Drop in Imports for a Five Month Low Deficit

The Trade Deficit for Feb 2014 has again come at a low $8bn. This is the lowest since Sep 2013. Imports declined over 17%, with oil imports down 3% and non oil ...
Premium Portfolio

Premium: Implied Move in Stocks From Straddle Ranges

This is a Premium Post for Capital Mind Premium Subscribers, sent on March 9, 2014. Volatility is part of all markets. Prices will fluctuate because they are ...
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Charts & Analysis

RBI Sells $1.1 Billion in January 2014, Second Largest Cumulative Dollar Sales Ever

The RBI has sold $1.93 billion in the forex spot market in January 2014, reveals their monthly bulletin for March. This has been offset partially by a $750 ...
Economy

EcoManifesto: Remove Exemptions, Reduce Tax Rates

In Capital Mind we start a series of posts on the economic future, and what policies must be adopted by whichever party will form the next government. We will ...
Charts & Analysis

The Dollar Falls Below 200DMA, Will It Sustain?

The USDINR exchange rate went below Rs. 61 on Friday, which is a close below its 200 Day Moving Average, for the first time since Jun 2013. A 200DMA crossover ...
Charts & Analysis

Markets: Feb Moves +3%, but March Sees +4% Already

I’ve just realized I forgot to do the monthly move post for February. Not only has Feb been a good month for the markets with a 3% move, March till the 7th ...
Premium

Premium: More Green Shoots: Nifty Breaks Through All Time Highs

This is an archive for premium subscribers, sent on March 7, 2014. Markets have gone berserk, as you might have noticed. The day after it hit an all time high, ...
Charts & Analysis

Nifty At All Time High, Third Time Lucky?

Markets are at a new closing high. The Nifty ended on March 6 at 6401, which breaks through the last highs around this level, which were in 2008 and 2010. ...