“Sakhi saiyan to khub hi kamat hai…..mehngai daayan maare jaat hai….” goes a number from a popular bollywood flick and rightly so atleast for RBI. Since the last 15 months or so…RBI has been trying to battle the rising inflation by raising rates (What are policy rates?) eight times since March last year. However inflation, now [...]
Posts Tagged ‘nifty’
July Could be Jittery For the Markets
June 30th, 2010 
Praveen Bajaj The month of July can cause real jitters for the Indian stock market and the party could end. Most of the top economists and market gurus have started saying that the year 2010 could be a mixture of two halves, the first half ending on a positive note and the second half leading to a [...]
Posted in Equity 
Tags: China AG Bank, CME, EU bank stress test, investing, monetary policy, nifty, rbi 
2 Comments »China Economy Update
June 15th, 2010 Praveen Bajaj In Economics the term stagflation refers to a situation where the inflation rate is rising along with a fall in output levels. Many eminent economists believe that In China, this could be a possible situation shaping up. Some of the most recent facts that highlight the same are: On Friday the Chinese government released the [...]
Trading Nifty as global liquidity dries up…
June 11th, 2010 Praveen Bajaj This Could Evaporate Liquidity From Markets… Yesterday the European Central Bank (ECB) announced the key rates and as the streets expected, they were unchanged. There was no positive out of the press conference from Trichet, the only thing he did was subtly pleading to the world that “EURO is a stable currency’ and reiterated again the same [...]
Equity market round up: May 29, 2010
May 30th, 2010 Praveen Bajaj Helped by the 1.2% gain on Friday, equity markets posted 2.5% gain this week to close at 16863.06. This is the highest monthly gain since March 6. Markets started the week on a bearish note and on Tuesday fell about 2.7% under the concerns of widening European Debt crisis and possible military actions between North [...]
Indian equity markets:Overvalued Zone…?
April 13th, 2010 Praveen Bajaj Well some say that the Indian equity markets are all set to become mother of all the bull markets and from here there is no looking back. While others say that we are currently in a kind of over bought zone and a correction of at least 200-300 points in the Nifty index is definitely warranted. While, [...]
Posted in Economy Tags: credit policy, equity markets, india inflation, nifty, peter lynch, WPI 1 Comment »BGR Energy: Building the Indian Power Story
March 24th, 2010 Praveen Bajaj Last week I heard a very interesting story which eventually gave me the idea of investing in BGR Energy Systems Ltd. Thought of sharing with you. Years back when the South African Government opened their country for outsiders to come and do mining for diamonds, entrepreneurs form all over the world rushed to South Africa [...]
Posted in Equity Tags: Accounting Standards, economic review, exchange rate, IFRS Valuation, indian economy, nifty, sensex, share markets, usd-inr 1 Comment »Currency markets at crucial point….
March 15th, 2010 Praveen Bajaj Markets seem to come out of the consolidation mode and increase in risk appetite saw the US Dollar being sold across the board. Almost all markets closed in the green and all currencies except the JPY saw strength against the greenback. The Dollar index closed below a key support level at 80 before closing 79.83. [...]
Posted in Economy Tags: Accounting Standards, dollar rate, economic review, equity markets, exchange rate, IFRS, india inflation, indian economy, nifty, sensex, share markets, usd-inr No Comments »Infosys result analysis
January 13th, 2010 Praveen Bajaj Infosys declared its third quarter result today. The results came better than than the street expectations. The sales were around 3% above the Bloomberg consensus estimate, whereas the net profit was around 12% below, which was boosted on account of higher other income. BSE : INFOSYS NSE : INFOSYSTCH Bloomberg [...]
Posted in Economy Tags: Accounting Standards, analysis, economic review, equity markets, indian economy, nifty, sensex, share markets No Comments »IIP Data: November 2009 -Index for Industrial production
January 13th, 2010 Praveen Bajaj The IIP figure for November stood at 11.7%, taking everybody’s breath away. It stunned everybody since the market’s expected figures was hovering around 10%.The same index registered a growth of 2.4% y-o-y in Nov’08 whereas a growth of 10.3% (revised) y-o-y in the last month It grew at its fastest pace in two years which [...]
Posted in Economy Tags: Accounting Standards, economic review, indian economy, nifty, sensex, share markets No Comments »