The Nifty flirted around 4,000. Volumes high considering that most firangis are still in Mauritius, or wherever, recovering from hangovers.
A large chunk of the population works for the IT/ ITES sector and works at staying au fait with US trends. The preferred mode of Gurgaon transport is a personal vehicle since public transport is almost non-existent. The shopping experience centres on malls.
Inverting the whole idea of stock-picking is throwing up new winners and winning strategies.
In the 12-18 month time frame, these cyclicals are likely to recover. And they're relatively cheap.
An efficient debt-recovery would make a huge difference to the banking sector's performance. It is time we simplified the legal processes.
A look at the differences in the sector-coverage of the Sensex and the Nifty suggests that the divergences in index movements could increase.
One of India's better business schools recently asked hopefuls to write a 300-word essay on this subject. Given the format, there is no "right" answer. The school is seeking coherent, logical arguments couched grammatically. However, there is a "right" answer that one can arrive at logically by asking two simple questions. One: Can you buy a knighthood for USD 1 million? The answer is no.
Though fraught with risks, small business can easily fetch better returns than the established companies.
The near-term prognosis isn't good. For the last three years, the Indian stock market has ridden to successive highs on a tsunami of forex inflows. A large proportion of that is through participatory notes. A lot of that money will flow out in the short run.
The IT industry dismisses a certain type of announcement as "vapourware". This is a product or application hyped as possessing huge potential. Only, it is due to be launched many months or years later. Despite the apparently ludicrous nature of 'vapourware', it can drive up valuations. Somebody somewhere will buy stock on the news.
A strong trend in the spot market translated into settlement with good carryover and very high volumes in the futures and options market. In particular the FIIs have big exposures across both markets.
A strengthening dollar is considered good for Dow components. The top 30 companies of the world have operations around the world and payables in dollar. Thus, a strengthening dollar is hence considered positive for Dow blue chips.
In the broadest sense, style can be classified as either 'investment' or 'trading'. A trader will go both long or short. An investor will not short. Investors can be further subdivided into 'active' or 'passive'.
There are many questions on where the stock markets will head in the next few days. Here are some answers.
Stock market volatility is increasing along with prices. How should you use leverage in such situations?
The performance of real estate companies is dependent on a lot of intangibles and is prone to errors in assumptions.
"Hooking" is an endemic crime -- if you live in India, you've used "hooked" power.
What the industry needs is a degree of predictability about currency movement.
It doesn't face cash redemption pressures or rebalancing problems as other funds do.