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Nifty EPS Growth Drops Off A Cliff

Something’s been happening with the Nifty EPS (Earnings Per Share) growth. Earnings growth, for the Nifty, has fallen off a cliff in the last one month. From ...

Ooh, I Spoke Too Soon on No Volatility in 2013

Remember when I said that there were no 2% days in 2013, and I was worried? That was April 10,  we’re now just two months and 10 days ahead, and we’ve ...

VIX Not Indicating Panic Even As Market Slides 3%

While broad markets fell 3% today, the biggest intra-day move in more than a year, it seems the Volatility Index (VIX) based on option premiums wasn’t ...

FedEx Takes the Rupee 6-0, Nifty Below 200DMA

The Federal Reserve has decided to Exit the Stimulus it has been giving the US economy by purchasing bonds worth $85 billion each month. The Fed Exit ...

Trade Deficit Explodes to $20 billion in May

India’s trade deficit rose to an alarming $20 billion in May 2013, with imports growing 7% while exports fell 1% year on year. The is the second worst ...

WPI Inflation for May 2013 at 4.7%, 43-Month Low

Wholesale Price Index (WPI) based inflation was at the lowest since October 2009, at 4.7%. It was at 4.96% last month. The graph has shown that prices have ...

CPI Inflation at 9.31% (May 2013)

Consumer Price Index (CPI) based inflation for May 2013 was at 9.31%, marginally lower than the 9.39% in April 2013. As you can see, the wholesale inflation ...

Nifty Needs To Go Up 50% to Recover Inflation Adjusted High

If you look at the Nifty and it’s all time high of 6300, we are just 7% below it right now, around the 5900 levels. But if you adjust for WPI inflation – a ...

The Income Tax Department Says Inflation was 10.21%

So while we rejoice about inflation having come down and all that, the income tax department quietly issues a notification that the inflation it allows you to ...

May 2013 Manufacturing PMI Falls to 50 Month Low at 50.5

The HSBC Markit Purchasing Managers Index (PMI) for Manufacturing has fallen to 50.5 in May 2013, which is the lowest in over four years. Given this, and the ...