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4402 ArticlesDeepak Shenoy

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Charts: Don't Believe The Headline 9.8% IIP Number, It Was The Dussehra and Diwali Holiday Effect

India’s Index of Industrial Production (IIP) showed a major Diwali Effect as it rose 9.8% over the previous year for October 2015. But disregard that. ...

The 10 Year Bond Auction Devolves Today as Banks Get Greedy Before The Fed Rate Decision

The devolvements have started again! Last week, we saw the bond auction devolve (just a little bit) as the RBI refused to sell at higher yields even though ...

Macronomics: The Story of the FCNR Swap and Why It Will Haunt Us In 2016

This is a story that’s purely fiction, and figments of my imagination. There are certainly elements linked to living people, but none of the following ...

The Revenue Neutral Rate for GST, in Nice Looking Graphs

The Finance Ministry has released the report on the “Revenue Neutral Rate” for GST. This may be purely academic because the thought of going to ...

Premium Recap: Keeping Your Risk Controlled In A Strong Downmove

Managing risk is the only thing that saves you in a downturn. The point about investing, or trading, is simplicity in three aspects: • Entries • Position ...

The Nifty Has Fallen, But the P/E Ratio is at a Relatively High 20 While Earnings Contract

Just as the market breaks into a low, we revisit the price-to-earnings chart of the Nifty. Earnings are falling – by more than 5% over last year at this ...

Portfolio: 3 More Exits and an Entry, Booking Profits This Time

Another quick portfolio update: We have two full exits, a partial exit and one new ...

High Valuations My Ass: Headline Startup Valuation Numbers Hide The Much Lower Risk For Investors

Ola Cabs has raised about $1.18 billion in total, in 7 rounds according to TechCrunch. Recently, it raised $500 million at a valuation of $5 billion. This ...

Good News for JP Morgan Debt MF Holders, They Have Sold The Amtek Auto Debt at a Haircut

Why should mutual fund holders care that a vulture fund has bought the bonds of a beleagured auto company at a discount? The answer: because their mutual fund ...

Optionalysis: An Option Strangle That Took Advantage of Post-RBI-Policy Time Decay for 2%

In our attempt to use option markets for less frequent, but risk controlled trades, we had taken a trade on tuesday: Shorting the 17000-17500 BANKNIFTY ...
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