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Stocks

No Buyers For Gitanjali Gems, Down 20%

Gitanjali Gems is now down 20% and at the lower circuit on the NSE. The stock has fallen from it’s Rs. 500 close on Friday to Rs. 400, and there are more ...
Commentary

Reliance Capital Displays Patriotism By Not Selling Gold

Reliance Capital has decided not to sell gold as an investment product, in a press release that defies imagination: Reliance Capital, a part of the Reliance ...
Charts & Analysis

Nifty EPS Growth Drops Off A Cliff

Something’s been happening with the Nifty EPS (Earnings Per Share) growth. Earnings growth, for the Nifty, has fallen off a cliff in the last one month. From ...
Charts & Analysis

Ooh, I Spoke Too Soon on No Volatility in 2013

Remember when I said that there were no 2% days in 2013, and I was worried? That was April 10,  we’re now just two months and 10 days ahead, and we’ve ...
Charts & Analysis

VIX Not Indicating Panic Even As Market Slides 3%

While broad markets fell 3% today, the biggest intra-day move in more than a year, it seems the Volatility Index (VIX) based on option premiums wasn’t ...
Charts & Analysis

FedEx Takes the Rupee 6-0, Nifty Below 200DMA

The Federal Reserve has decided to Exit the Stimulus it has been giving the US economy by purchasing bonds worth $85 billion each month. The Fed Exit ...
Startups

Speculation: SEBI Angel Fund Rules Could Help Ease Startup Tax

The Finance Minister had in his budget speech mentioned that: SEBI will prescribe requirements for angel investor pools by which they can be registered as ...
Stocks

Zylog Promoters Accused of Fraud by SEBI, Stock Down 90% Since Oct-2012

SEBI has found Zylog management potentially guilty  of massive fraud, says SEBI, in an interim ex-parte order (party not present) that disallows them from ...
Foundations

DIT: Two-out-of-Three Elements for a Brilliant and Useless Prediction

There are just three elements to a market or stock prediction that make it useful and tradeable. Direction: Which way will the stock go? Up or down? Intensity: ...
Charts & Analysis

Trade Deficit Explodes to $20 billion in May

India’s trade deficit rose to an alarming $20 billion in May 2013, with imports growing 7% while exports fell 1% year on year. The is the second worst ...