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Commentary
Pakistan is Floored
So this is what the folks at the Karachi Stock Exchange have to say: Fantastic. So prices can’t go below Wednesday’s closing values. Guess where ...
Opinion
Banks take you for granted
ET: 6 things your bank will never tell you: You are a valued customer only till you have not availed the services of a bank or till the bank is hoping to gain ...
Commentary
Hedge Fund Manager wins trade secret case
An interesting case of an ex-hedge-fund manager sued for stealing “trade secrets”. Eric Falkenstein isn’t your typical 42-year-old hedge fund ...
Stocks
Ranbaxy Open Offer: Download Letter
For all those who have not received the Letter of Offer for the Ranbaxy Open offer at Rs. 737; you can download the letter of offer here. Process: First go to ...
Commentary
RBI Selling Dollars?
RBI’s latest forex reserve page shows that we now have $296 billion with us. The rupee doesn’t seem to give a hoot. It’s trading at 43.78 to ...
General
Interviewed: Moneyoga's change of plans
Kamla Bhatt has interviewed me on our recent change in plans – to move to the new algorithmic trading concept. The point is not to predict; it’s to ...
Stocks
Infy bags Axon for 3300 cr.
Infy news: it has just bought Axon group for Rs. 3,300 cr. Axon is listed in the UK, and makes about Rs. 160 cr. (Rs. 20 billion) a year in net profit. For ...
General
SOS Update: +44K
I’m on a short vacation for the next three days so this is the weekly SOS update (the first, really). ICICI down to 640 levels, a profit of 21K on the 5L ...
General
SOS Trade: Buy Nifty Puts
It’s probably the lousiest day to set up a short, after the index is nearly 3% down; but I’m getting the feeling it’s going down further. ...
General