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Stocks
Tech Trades: Airtel Follows Through, BHEL Sets Up
I asked on August 6 if Airtel was setting up for a technical sell, on a Bollinger band miss and a MACD crossover. Here’s how that worked out: The stock is ...
Charts & Analysis
FIIs Sell In August As Well, now -7,700 cr.
FIIs continue to be sellers in August, though in smaller quantities (till now). A quick chart: (Source: SEBI) This is data till Wednesday. Thursday data will ...
Commentary
Brokers Were Definitely Guilty in NSEL Fiasco Also: Reader
An alert reader of Capital Mind has called me out on my post that brokers could have been innocent. No chance, he says, and he explains: I was reading your ...
Charts & Analysis
And The Dollar Hits 65 Rupees.
It sliced through 65 like a hot knife through butter. The last data point is intraday, the earlier are RBI reference rates. While this looks like an extreme ...
Charts & Analysis
MSF Rises to 55,000 cr., a New Record
Borrowing under the Marginal Standing Facility (MSF) is going up, as I’ve predicted. Now at more than 55,000 cr. (550 billion) we are in danger of not having ...
Commentary
NSEL Told To Auction Stocks, Take Punitive Action.
The Forward Markets Commission has rapped NSEL hard once again, in a scathing letter to management. Why was only Rs. 92 cr. paid out? This is way lesser than ...
Commentary
SEBI Asks for Consolidated Results, Cash Flow and Book Values Every 6 Months
SEBI has published draft changes to the way companies report financial results. The revisions are available for public comment till Sep 13, 2013. Companies ...
Foundations
The Original Operation Twist and Why India’s Version Will Fail
In 1961, when Kennedy became President, the US was going through a recession. The answer was to lower interest rates, but since rates were higher in Europe ...
Commentary
NSEL Couldn’t Even Make the First Payout, Management is Sacked
I’d noted yesterday that NSEL had received just Rs. 81 cr. of the 174 cr. it was supposed to pay out today. Turns out they didn’t get much more; they ended ...
Economy