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Commentary
More NSEL: Adani Rumours, Brokers Palm off Exposure, SEBI Asks for Cross-Impact
More NSEL News. Please bear with me, this is a very big event and can have mega-implications for all investors. Adani group stocks were beaten down today on ...
Stocks
Video: The “100% Risk Free” NSEL Investment Product
The Crisis of NSEL that has brought Financial Technologies crashing 80% is all because of a product that seems to have been actively advertised as a “safe” ...
Commentary
FMC Shows Gazette Notifications Freeing NSEL from its Regulation, But Can’t Claim Hands Chained
The Forward Markets Commission has presented three gazette notifications that specifically rule out exchanges like NSEL from its jurisdiction. These are ...
Fixed Income
Third Consecutive Bond Auction Devolves, This Time 947 cr.
Yet another auction devolves – the third in succession. (One, Two) This one saw Rs. 947 cr. that had to be absorbed by primary dealers. (Source) Every week, ...
Mutual Funds
Mutual Funds that Owned Shares of Financial Technologies
Mutual funds owning FT stock are largely from the Reliance and Birla stable, it seems. Going purely from the shareholding on Jun 30 (the last we have) the ...
Stocks
NSEL Might Have “Dummy” Stocks in What Seems To Be a Financing Scheme
The NSEL problem gets more complicated. It’s now a case of borderline fraud, it seems. Remember the owner of the NSEL (National Spot Exchange), Financial ...
Commentary
Big Investors Lose 400 cr. as FT Crashes 65%. Who Lost What?
Financial Technologies (FT) lost over 1,600 cr. in market cap today. The impact will be felt by many, including many of us who indirectly own stakes through ...
Commentary
FinTech Down 60% on Fears of NSEL Default
Financial Technologies is down 60% in trade today. The company owns a good chunk of broker infrastructure products (such as ODIN) and stakes in three exchanges ...
Charts & Analysis
“Sell in May and Go Away” Proved Right for the first time since 2001
July ends with a –1.7% return on the Nifty and it is the first time since 2001 that we have had a negative June followed by a negative July. This is not huge ...
Charts & Analysis