I’ve written about the upcoming FCCB problem, where a number of FCCB redemptions were coming around about now, and they were all so far under par that they ...
In what should be good news, the HSBC Markit Purchasing Manager’s Index (PMI) is at 57.6 in February, down from Jan’s 59.6 but still very strong. Above 50 ...
Looking at the monthly returns table shows a fantastic Jan + Feb for the markets, the best since 1994. And we shouldn’t forget the Sensex either: While 1992, ...
The first official Consumer Price Index (CPI) in the “new series” comes up, with the headline number at 7.5%. (Source: MOSPI) This is much lower than ...
“Reserve Money” is an interest aspect of our banking system. Reserve money is eventually multiplied into “broad money supply”. Reserve money growth has ...
The rupee hit a low of Rs. 54 to a dollar in December, and since then, has recovered back to Rs. 49. Much of this move involves USD sales by the RBI. Since the ...
The headline figure for inflation – for Jan 2012 – has gone down to 6.55% over last year. Primary articles were at 2.25%, Fuel at 14.2% and Manufactured ...
Every week I feel the market has peaked. And every week it goes a little bit higher. The trend is consciously up, and the market is trying to work through the ...
Today’s chart is the huge move in the INR – largely on the back of RBI selling dollars, and some FII money returning. The 200 DMA is at 47.74 and will ...
The Nifty Earnings Per Share (EPS) Growth – as revealed by the National Stock Exchange – is slowing. We are again diverging from the P/E which has now ...
