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The Rajan Impact Continues on All Sectors

The Super-Awesome Raghuram Rajan effect on the market continues. Just kidding – he started what seems to be a pretty sharp move up – three trading days and ...

Charts: Imports Flat, Exports Up 13% in August 2013

The trade data for August 2012 shows a marked increase in exports, with flat imports (in dollar terms), making it possible for the lowest monthly trade deficit ...

The Rajan Impact on Sectors

Since Raghuram Rajan has come on board, in just two trading days, the Nifty is up 4%+. This of course has been the broad market, but what really has moved? The ...

US 10 year Hits 3%, FIIs Take Out 73K Cr. in 3 Months

And that’s the highest in over 2 years: And in the process, the world’s largest mutual fund takes a $41 billion loss. Impact: To us, the problem is of ...

Manufacturing PMI for Aug 2013 Contracts, Lowest Since 2009

India’s Manufacturing Purchasing Managers Index (PMI) came in below 50 for August 2013, the first sub-50 level (indicating contraction) since 2009. The ...

Nifty Drops 5% in Aug 2013, Worst Month Of The Year

The Month of August 2013 has not been kind to the Nifty, dropping 5.3% (and that’s not considering that on Wednesday, just two days earlier, the Nifty was ...

Jun 2013 GDP Growth Lifted by Government Spending, But Might Actually Show Recession

The First Quarter 2014 (June 2013) Gross Domestic Product (GDP) data release shows that Indian growth has dropped to 4.4% in “real” terms (meaning, after ...

Dollar Slips Below 66, FIIs Pull Out Money

The Rupee has closed at 66.12 on Tuesday, the highest exchange rate ever. FIIs are starting to pull out. Data till yesterday (SEBI) shows that FII pullouts are ...

The Fall of the Rupee Was To Launder Money For Elections. Want To Buy A Bridge?

Online sites and twitter are abuzz with talk about big rupee falls in the past, and how they seemed to have happened just about around elections. Between ...

Nifty Earnings Growth Spikes To 16%+

In cheerful news, the Price to Earnings Ratio (P/E) of the Nifty is at 15.79, which at a Nifty value of 5471 gives us an Earnings Per Share (EPS) for the Nifty ...