Clik here to view.
RBI’s 2013-14 Macro Policy in Charts
In it’s macroeconomic policy for 2013-14, RBI has cut rates , the only BRIC country to do so. I’m going to do a big chart post with nearly all charts from the RBI site. Here you go. GDP Growth Slowing...
View ArticleClik here to view.
Nifty in April Turns 2013 Around with a 4.4% Return
The Nifty was up 4.4% in a reversal month of April, 2013, bringing the Year-To-Date return up to a marginally positive number (0.4%). May has traditionally been a volatile month, skewed largely by the...
View ArticleClik here to view.
Chart: The Rupee Goes Beyond Rs. 56 a Dollar
The USD-INR spot rate has just crossed a barrier – Rs. 56 to a dollar. This is the highest the dollar has been since July 2012 and just Rs. 1 short of the all time high. (Click for a larger picture) A...
View ArticleClik here to view.
The May 31st fall drops Nifty Gains to 0.9%
The monthly Nifty move for May 2013 shows a headline gain of 0.94%, which masks the extreme volatility the month showed – the Nifty went all the way to nearly 6200 before retreating back to close at...
View ArticleClik here to view.
Nifty Needs To Go Up 50% to Recover Inflation Adjusted High
If you look at the Nifty and it’s all time high of 6300, we are just 7% below it right now, around the 5900 levels. But if you adjust for WPI inflation – a component that is still substantially lower...
View ArticleClik here to view.
Trade Deficit Explodes to $20 billion in May
India’s trade deficit rose to an alarming $20 billion in May 2013, with imports growing 7% while exports fell 1% year on year. The is the second worst monthly deficit ever, with the highest being...
View ArticleClik here to view.
Ooh, I Spoke Too Soon on No Volatility in 2013
Remember when I said that there were no 2% days in 2013, and I was worried ? That was April 10, we’re now just two months and 10 days ahead, and we’ve already had six 2% days since . What I said then...
View ArticleClik here to view.
Nifty EPS Growth Drops Off A Cliff
Something’s been happening with the Nifty EPS (Earnings Per Share) growth. Earnings growth, for the Nifty, has fallen off a cliff in the last one month. From the 15% EPS growth (year on year) we saw...
View ArticleClik here to view.
Nifty Does Badly, but China, Russia and Brazil are Worse Off in 2013
Nifty’s down 4% for the year (counting from the Dec 31, 2012 close of about 5900) and is among the worst performers of the year. Shanghai (China) and Hang Seng (Hong Kong) are worse, with Nikkei the...
View ArticleClik here to view.
Nifty Recovers 4% in 2 days, closes June with –2.4%
A huge recovery on Thursday and Friday made the Nifty close just 2.4% below the May close, masking the crazy volatility in the month. The Nifty ended at 5842, with a 2.8% gain on the last trading day...
View ArticleClik here to view.
Chart: Base Rates of Indian Banks Don’t Respond Quickly When RBI Cuts Rates
Since RBI introduced the base rate in 2010, Banks are not allowed to lend below that rate. Take a look at how banks have moved their rates in response to RBI rate hikes and cuts. Source: RBI Lending...
View ArticleClik here to view.
Just Three Sectors Have Propped Up the Market in 2013
You don’t know how tough this market is until you’ve seen the carnage in the stuff that is not the Nifty. First,the broad Indexes this year: While the Nifty looks really good and just 2.5% off the...
View ArticleClik here to view.
The Rajan Impact Continues on All Sectors
The Super-Awesome Raghuram Rajan effect on the market continues. Just kidding – he started what seems to be a pretty sharp move up – three trading days and 8% on the Nifty, probably the fastest ever!...
View ArticleChart: Nifty Returns Till September, Over the Years
Upto September, the Nifty has returned -2.9%, staying a negative year again. How has 2013 been, though, compared to the others? A quick comparison of till-September returns shows that 2010 isn’t by...
View ArticleThe Biggest Monthly Close Ever, The Largest Monthly Move In 20 months:...
We’re close to an all-time high on the Nifty, and today was the highest monthly closing value for the Index. In an astounding move, the month of October has seen the Nifty up nearly 10% to a...
View ArticleInternational Indexes in 2013; Nifty Still Ahead in BRIC
Check out Capital Mind Premium! Take a 30-day Free Trial. It’s been a while since I posted the International Index Comparison, so here goes. International indexes in November favour the developed...
View ArticleClik here to view.
Monthly Nifty Move of -3.4% Worst In Six Months
The markets start the year badly as January brings with it a -3.4% return on the Nifty, the worst month since August 2013. Yes, there was a run in the “ Fragile Five ” currencies, but the rupee only...
View ArticleChart: Foreign Investors Buy 33,000 cr. in Jun Till Date
Foreign investors have pumped in a lot of money into Indian markets in the last few months. While we’ve had a flat market the last few days foreign institutions have poured in more than Rs. 33,000...
View ArticleChart: Sensex Sees Longest Winning Streak Since 2007
June saw five continuous winning months for the Sensex, the longest winning streak since 2007. In terms of percentages, the Sensex has returned 24% in the five months. The biggest streak ever was in...
View ArticleDeposit Growth at Lowest in 10 Months
Bank Deposit Growth as of 27 Jun 2014 is now at the Lowest since September 2013 at 12.4% over the past year. In Sep 2013 and Dec 2012, we had a market crisis of sorts when the indexes fell … (Read...
View Article