While the focus on infrastructure means more business for PSU banks, the lack of risk-assessment capability is a major issue.
If the Budget is status quo, the market will not fall much and the rewards for going long would be high.
If the Budget is status quo, the market will not fall much and the rewards for going long would be high.
If the Chinese government has its way, the sexual proclivities of the grandchildren of the revolution will be remoulded. As of July 1, every personal computer sold in the PRC must ship with pre-installed censorship software called "Green Dam Youth Escort".
Investors cannot follow a buy-and-hold strategy, but there can be short-term gains.
In the digital age, the art of searching has become an entirely separate domain of knowledge. It is only in the past 15 years that search has become location-independent. It is the biggest entirely new business opportunity spawned by the Web.
Though power reforms are the most important item on the government's agenda, it often leads to face-offs between the Centre and states.
Though the market has gained 30 per cent in one month, don't get carried away and bet your shirt on further short-term gains.
Expect markets to remain volatile as the poll dates come closer as well as if uncertainty prevails post-May 2009.
After the collateral debt obligations crisis, all the other 'quants' have been lumped together as fast dancers who do amoral complex things. This is an understandable perception, but unfair.
The worst of recession could coincide with the run-up to the elections.
With growing concerns over global economic growth and further cuts in earnings estimates, a recovery in markets is not expected before end-2009.
While third quarter results do not reflect it, the sector's reluctance to cut interest rates points towards either high NPAs or wrong strategies.
Ratios such as CAGR, PBV and PE of Sensex can help in investment decisions.
This episode showed the maturity of Indian markets. They reward transparency and punish the lack of it.
Despite a gloomy macroeconomic environment, 2009 is unlikely to be as bad as the previous year.
Well-timed global counter-cyclical measures may mitigate long depressions
Use the SIP method instead of a 'wait-to-invest' policy.
The sheer speed of the decline could help revive demand and clean up the market quickly.
In the next 12 months, most sectors are likely to suffer.
