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Charts & Analysis

Indian Market Snapshot: 28 Jul 2011

The Nifty fell below the 50 day moving average today, ending the July Expiry day at 5488. The Nifty P/E dipped below 20 as well, with the 1% fall in the index. ...
Economy

RBI On Forex Rates and CRR Hikes

I wrote at Yahoo about "Why Only Interest Rates?" (Will post article tomorrow). I just noticed that the RBI released an audio recording of a ...
Opinion

When You Can't Believe Your Eyes…

(From my column at Yahoo) Are we in control of our own decisions, asks Dan Ariely, in a TED talk. He demonstrates how irrational our brain is, showing people ...
Economy

364 Day T-Bill Auctions Go Higher Than 10-yr bonds

Yesterday’s T-Bill auctions were the first after the rate hike and there has been a spike (Only 91 day and 364 day t-bills were auctioned yesterday, 182 ...
Charts & Analysis

Indian Market Snapshot: 26 Jul 2011

The announcement of 0.50% increase in interest rates by RBI caused the market to tank, losing over 100 points in the day, or -1.86%. Volumes at 12,200 cr. ...
Foundations

Chanos on NDTV: China's Going Down

Jim Chanos, who runs Kykinos Associates was interviewed by NDTV today. The interviewer comes across as unprepared, unfortunately; he asked Jim very basic ...
Economy

RBI Hikes Interest Rates By 0.50%

The RBI increased Repo rates to 8% (from 7.50%), a 50 basis point increase. Repo is what banks pay to borrow overnight from the RBI, a key rate that is usually ...
Economy

Will the RBI Hike Rates Today?

Look at the first point in the First Quarter Review: Taming inflation warrants continuation of anti-inflationary monetary stance Inflation risks stay, while ...
Commentary

The U.S. Debt Limit "Crisis"

The U.S. Debt Limit Argument is just silly. First, the concept of a debt limit is weird because no other decent country has it (other than Denmark). ...
Charts & Analysis

Indian Market Snapshot: 25 Jul 2011

With a slow beginning, the market went to touch the 5,700 mark. Even then, the 11,484 crores in equities trading volume doesn’t inspire too much. FIIs ...