I wonder why I get all worked up when I see utterly bizarre Sensex EPS estimates. Basically, the modus operandi seems to be: Pick a number out of your a** ...
The HSBC Markit October India Manufacturing Purchasing Manager’s Index (PMI) was released today and it bumped back up to 57.2 from the 55 levels last month. ...
The NSE Nifty tanked at 3 PM to close below the 6,000 mark, and you can blame it on F&O Expiry. A number of people punt on options on the expiry day, ...
The HSBC Purchasing Managers Index (PMI) shows a sharp fall from the 60.3 number in Aug to 56.3 in September. (Source: Markit) A figure above 50 indicates ...
Mish is pissed at Charlie Munger’s Gall, Chutzpa and Unmitigated Effrontery when Munger thanked God Bailouts were given rather than handouts. I agree with ...
The Nifty reached a relative high today, closing just off the 6,000 mark. What I don’t like is the volume – typically we should see rapidly increasing ...
As data points go this is disappointing. The Nifty Price to Earnings ratio (P/E) is at 23, the Nifty Earnings Per Share is 237 which is a 6.76% growth from ...
Three stocks are being replaced in the NSE Nifty, as of October 1. Going out Coming In ABB BAJAJ-AUTO IDEA Dr. Reddy UNITECH SESAGOA Typically stocks ...
Nifty’s EPS growth has just not happened, again stagnating at 238, a growth of 6.76% over last year. The current P/E ratio is 22.76. This is after most of ...
Markit’s released India’s HSBC Purchasing Managers’ Index for July 2010. The index fell to 61.9 in July, down slightly from 62.8 in June. Remember, the ...
