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Economy

Bank Credit Growth at 13.75%, RBI Credit Policy Today

RBI announced the Credit Figure for 16 Jan, which was at 30.08 trillion rupees (lakh cr.) which is a growth of 13.75% from last year. Monthly averages here: ...
Charts & Analysis

Nifty Precariously Perched

Supports and Resistances are concepts very well embedded in trader’s heads. Support means a place where you expect the market to stop falling and Resistance ...
General

Discussion Forums on Capital Mind, and much more…

I’ve always wanted to have forums of some sort on this blog, but after a discussion today realized it’s better to scale discussions to a network of sorts. ...
Charts & Analysis

Trading System Log: 2% up for the month

I’ve been working with a system we had developed over 18 months ago at Moneyoga, and the results have luckily been charming. (Above is the daily equity ...
General

Britain Gets Out Of Recession

In the statistical recovery, we can expect to see good numbers on the GDP front, and Britain’s the latest. The U.K. economy resumed growth by less than ...
Stocks

SBI Results Dissappoint

State Bank of India had its results out today. After a pretty lousy Q3 in FY 2009, one would have expected great things this year – the low base effect. But ...
General

Markets Stick Their Head Above 5000

The markets stayed weak today as results came in, and despite going below the 5,000 level a few times in the day, the Nifty recovered to hover just above it at ...
Stocks

Suckered: 100% commissions with Kotak Smart Advantage plan

ULIP Advisors just do not know how to stop. Someone who harvested phone numbers from random sources calls me and says he’s from Kotak and selling me a plan ...
General

Nifty drops 4.5% or 230 points last week

The NSE Nifty drops about 4.5% since it hovered around the 5275 levels early last week – with the last four days being falls on higher volumes. The Reliance ...
General

NPS offers Tier 2 Accounts

The New Pension Scheme (NPS)* , after letting everyone in on it’s Tier 1 account, offers a Tier 2 account now. Recall that the Tier 1 account was not ...