Capitalmind
Capitalmind

4402 ArticlesDeepak Shenoy

212 / 441

CPI Inflation for Aug 2013 at 9.52%, Food at 11%

Consumer Price Index (CPI) inflation for August 2013 comes in at 9.52% which is a ludicrously high number when you consider that WPI inflation is just 5.79%. ...

IIP for July 2013 at 2.63%, Capital Goods Surprises, Consumer Durables Frightens

The Index of Industrial Production (IIP) for July 2013 was revealed to be at 2.63% over July 2012. This is a huge improvement, and long term readers of Capital ...

91-day T-Bill Yields Soften Below 11%. Expecting Easing Rates?

After crossing 12% in yield just two weeks ago, the 91 day T-Bill auction has cooled down to a 10.6% yield in the auction yesterday. T-Bills are short term ...

MSF Borrowing Reaches a Record 736 Billion; Liquidity Is Very Tight

Banks borrowing through the Marginal Standing Facility (at 10.25%) has now gone to an extreme, at 73,000 cr. The dip you see around September 3/4 was due to a ...

Tech System: ACC Makes It Up 6% to Exit.

I have been testing an interesting Bollinger band reject system combined with an MACD crossover. This seems to be useful in trending times like now. I ...

MCX-SX Licence Renewed, SEBI Disengages Promoter Control

The licence of MCX-SX, the stock exchange whose promoters are the same as NSEL (Financial Technologies and MCX), has been renewed for one year. This is despite ...

And…Nifty Turns Positive For 2013

With a nudge and a wink, the Nifty has gone from it’s deeply negative zone just one week ago, into marginally positive territory for 2013: Of course, as you ...

NSEL Executives Borrowed from Defaulting Companies

ET notes that NSEL top executives Amit Mukherjee and Kalpesh Shah have “dealings” with one of the biggest defaulters in the NSEL crisis, Mohan India. ...

Nifty, 10 Year Bond Yields and Inflation

A great question for Prashanth: How does this chart from Ritholtz look like for India? So I decided to plot the Nifty, the 10 year bond yield (month end values ...

RBI Sold $6 Billion in a Crazy July 2013

After selling about $1 billion in June, the Reserve Bank of India (RBI) has sold nearly $6 billion in July even as the rupee broke to above Rs. 60 to a dollar. ...