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Commentary

Weekly Summary: WPI, Black Money, SIP Returns

In the last week at CapitalMind: The Wholesale Price Index Can’t Be Trusted The wholesale price index (WPI) comes to you every month, and we tend to analyse ...
Charts & Analysis

The Wholesale Price Index Can’t Be Trusted

The wholesale price index (WPI) comes to you every month, and we tend to analyse its implications based on change from last year, or last month, or whatever. ...
General

Killer Jeans But Not That Killer a Company

I comment at Fundoo Professor’s Blog Post on Kewal Kiran Clothing: (First, an intro. Kewal Kiran makes Killer Jeans. This is an interesting business, priced ...
Commentary

NSEL: Show Cause Notices, Empty Warehouses and We-Want-That-Gold

The Forward Markets Commission (FMC) has issued a show-cause notice to Jignesh Shah and FT (Finantech), asking them to defend their “fit-and-proper” status ...
Stocks

Tech: ITC and RCOM Show Short Entries in Strategy. Tata Steel Override Fails.

ITC and RCOM show interesting entries (both short) in the MACD+Bollinger Reject Trades. This is a strategy with a number of winning recent trades, and follows ...
Charts & Analysis

September PMI at Lowest in 4.5 Years

India’s Purchasing Managers Index (by HSBC/Markit) has come in at low levels in September. Manufacturing PMI comes in at 49.6, marginally up from 48.5 in ...
Stocks

Suckered: The Case of Gujarat NRE Coke and The We-Wont-Tell-You Edition of Accounting

Gujarat NRE Coke is in an accounting mess. Businessworld writes that the company’s Australian subsidiary, Gujarat NRE Coking Coal, listed on the Australian ...
Foundations

Video: How to Generate Black Money?

Devangshu Datta has a great presentation on how to create black money: DD is a good friend and a great guy – and what he’s saying is clear. Yes, there ...
Charts & Analysis

An Analysis of SIP Returns on the Sensex for 23 years

I have monthly Sensex data since 1978 (the early part of it was reconstructed, since the Sensex only came to being in the mid-80s). So if you invested in the ...
Fixed Income

MSF Borrowing Goes Back Up, a Strange Repo Dip

Figures for the Marginal Standing Facility show that MSF borrowing has gone back up to 91,000 crores, a number larger than the 1% of NDTL (Total Deposits) that ...