The stock markets have held on pretty well over the last many months amidst a flurry of news flow which have been perceived to be negative. There have been threats around North Korea, French Elections, Brexit again and again and now issues related to the US Political turmoil. As the newsflows have accelerated the markets […]
Read MoreIndian Macros have been improving over the last several years with several indicators improving. These include inflation, fiscal deficit, current account deficit, corruption in the system and potential for stronger longer term sustainable growth. The state election results that have come out now have reinforced the story with the possibility now of greater strength to […]
Read MoreOne big event of the year in the domestic context got over today. Prior to the Union Budget there was a lot of apprehension about what will be contained in the budget and just because we had a decent pre budget rally in the stock markets a lot of people were concerned about various aspects […]
Read MoreThe year 2016 started off with lot of hope and promise as far as the Indian Markets and the Economy were concerned. However globally most people were apprehensive with views like Crude going to $ 20 per barrel and its impact thereof, US rate hike cycle and a potential crash in equities, China concerns (which […]
Read MoreRBI’s policy has come and gone. Irrespective of the decision the policy was to have a very low impact on the markets and that is something that we will see over the next few days. RBI’s assessment of upside risk to inflation is unlikely to play out, however given the strong rally in Indian bonds […]
Read MoreOn Saturday evening RBI announced that banks will need to maintain a 100% CRR on deposits received between 26th Sept and 11th November. This will suck out around Rs 3 Lakh Cr from the banking system. It is important to understand the reason why they did this and how it was essential to maintain Financial […]
Read MoreThere have been several negatives that have been spread about DEMONETIZATION over the last few days, largely by opposition politicians and some by left leaning economists. The primary among them are, how will the introduction of Rs 2000 notes by replacing Rs 1000 and 500 notes address the issue of Black Money generation. The second […]
Read MoreIt has now been three days since demonetization was announced. The initial euphoria among the middle class as well as honest tax payers has given way to some sort of misgivings due to the slow process of currency change and new currency availability. Many people who do not understand economics also are spreading issues like […]
Read MoreIt’s been some time since I wrote on the markets and the main reason was to let the event of the US Presidential Elections get over. However on the same day we also got hit by Demonetization as announced by PM Modi which has its own implications on the short as well as long term. […]
Read MoreIt has been an uneventful month for the Stock Markets after the strong rally seen over the last few months. The August was like most Augusts’ that tend to be boring. The boredom got released a bit yesterday as the FED talked of potential rate hikes “AGAIN”. It’s a good thing to bring some fear […]
Read More