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Commentary

122 2G Licenses Cancelled By SC Order, Reauctions To Happen In Four Months

The Supreme Court has cancelled 122 licenses issued by then telecom minister A Raja to telecom companies, saying that they were granted in an arbitrary and ...
Charts & Analysis

Chart Of The Day: 91-Day T-Bills At Near Record Yields

91 day T-Bills have been slowly showing signs of stress, as the weekly auctions show. Yields are now at 8.81%, just a little short of the 8.89% high made in ...
Charts & Analysis

Nifty Goes Above The 200 DMA, Faces Resistance

The Nifty crossing the 200 Day Moving Average today, ending at 5,236 and breaking back up after exactly 9 months (the cross-under was May 1, 2011). Maybe it ...
Charts & Analysis

India Manufacturing PMI Rockets Up To 57.5

The HSBC Markit Purchasing Managers Index (PMI) has moved substantially up to 57.5. Numbers above 50 indicate expansion, and below 50 are contraction. While ...
Charts & Analysis

The Best Month For Nifty Since May 2009

The 12.4% return on the Nifty in January is an incredible start to the year, and the best return of the last 30months. As you can see, the number of double ...
Opinion

The School Of Hard Knocks

I write at Yahoo: The School Of Hard Knocks Many of us desire to make money from the stock markets, because it doesn’t seem to take a lot of skill. After ...
Startups

Off-Topic: Hurry, Cleartrip?

There’s been some brouhaha about a new feature at Cleartrip which tells you how many seats are left (at the mentioned price) when you search for tickets. A ...
Commentary

SEBI Pushes PMS Minimum To 25 Lakh

The Securities and Exchange Board of India, the market regulator, has upped the minimum investment in Portfolio Management Services (PMS) to Rs. 25 lakh. The ...
Fixed Income

HUDCO and IRFC Bonds With Tax Free 8%+ Interest

When you invest in a fixed deposit, the interest you receive is taxed as income. At the highest tax bracket, you pay 30% on that interest. That means a bank FD ...
Opinion

The Irrelevance Of The Sensex

At Yahoo, I write on the Irrelevance Of The Sensex: In a recent trader meet, a speaker asked on stage where the market closed last. Answers were ...