June 26, 2014
Just In: RBI Says: Adverse growth-inflation dynamics a major challenge… RBI Says: May see some deterioration in CAD, fiscal deficit from FY14… RBI Says: Economy to gain from political stability,hopes of decisive action… RBI Says: FY15 Gross NPA could rise to 5.1% in a worst case scenario… RBI Says: Gross NPA of PSBs may rise […]
June 25, 2014
Here is a short collection of motivational stories from real life that touched me to keep going when faced with never-ending obstacles. After all, what’s better than knowing that you are not alone? You may have heard some of these stories before or they may be new to you, but go ahead, read them and […]
June 25, 2014
01 : “The tragedy in life doesn’t lie in not reaching your goal. The tragedy lies in having no goal to reach. – Benjamin Mays”
June 25, 2014
Market-wide roll 61%; Nifty roll 55% § With a day left for the June expiry, Nifty traded in a narrow range. On the D-1, market-wide rollovers moved to 61% as compared to average rollovers of 55% (last three series). Future market holds an OI of ~INR 853bn as against OI of ~INR 896bn on D-1 of May […]
June 24, 2014
*India’s success in corporate whistleblowing dismal: Deloitte *Bullish on India; like Rallis, Colgate, USL: RJ *Budget likely to favour infra; no rate cuts soon: Religare *Upbeat on financials, auto, mining; selling most PSU banks now: Ambit *Portfolio inflows could cross $40 bn this year: Ananth Narayan *US says Fed not involved in clearing India’s Iran […]
June 24, 2014
(D-2 Days): Market-wide roll 46%; Nifty roll 42% § After four straight sessions of decline, Nifty managed to close in the green today. On the D-2, market-wide rollovers stands at 46% compared to average rollovers of ~40% (last three series). Market wide futures OI stands at ~INR 840bn compared with an OI of ~INR 860bn […]
June 19, 2014
*Rupee can see 58.50-60/USD in short-term, Budget key: Citi *Market to rise 10-20% by Dec, reforms key mover: Asianomics *Fed dodged bullet for now; crude not worrying yet: Nomura *Crude inflated by at least $30/bbl on risk premium: Oppenheimer *Govt asks NDMA members appointed by the UPA, to resign *Need to incentivise school-level sporting achievements […]
June 17, 2014
*India will benefit from new reforms; buy on dips: Macquarie *Highly leveraged infra stocks may correct more: Dimensions *Rupee not volatile, investors booking profit: Nick Parsons *Primary mkt to absorb 50% of FII flows: Kotak Invest *Rupee spike short-term; fair value at 60-61/USD: JPM *FIIs underweight on EMs; like IT, FMCG, HDFC Bk: Sabharwal *UP, […]
June 16, 2014
*RBI’s LCR guidelines credit positive for banks: Moody’s *PSU banks’ asset quality woes likely to continue: Fitch *No big Budget cut seen in rural subsidy, welfare spend: JPM *Sharp correction unlikely, Sensex to hit 30K by Dec: Ambit *Indian cos may raise $12-15 bn in FY15: Motilal *BJP MLAs meet Power Minister over ongoing crisis […]
June 12, 2014
*BoA picks rupee above rest; sees 57.50/$ in few months *Earnings to grow 15% next 3 yrs; like banks: DSP BlackRock *Economic data likely to offer new PM Modi some cheer *Ex India Infoline CFO joins with Milestone Capital *Learning the business key challenge: Infosys’ new CEO Sikka *Padmanabhan appointed as Executive Chairman of TQMS […]
