'No, the liberals haven't lost because there weren't any liberals in the fray to begin with.' 'What has happened is that left-wing orthodoxy has lost to right-wing orthodoxy.' 'That is at best a Pyrrhic victory for India,' argue Sonali Ranade and Sheilja Sharma.
'Wisdom demands Modi moves to restore the critical institutions of the State and dial back on the cult building around his persona,' say Sonali Ranade and Shealja Sharma.
In India, however, the Nifty continues to climb a wall of worry as general elections loom, fiscal deficit surges and the current account deficit is barely under control following subdued gold and crude prices, says Sonali Ranade.
Waiting for capitulation in commodity markets is the better route to profits, says Sonali Ranade.
It is too early to say if we have seen the "final" bottom to these stocks in August 2013 or if another attempt to test them will be made before or just after elections, says Sonali Ranade.
Where do the commodities market go in the new year? Sonali Ranade offers an insight.
A lot will depend on how the equity markets in the US play out in April-May this year. A correction there, long overdue, could change all the variables in the current equations, says Sonali Ranade
Once the US dollar launches into its final bull leg from the 79 region towards 84, the appreciating currency should put a lot of pressure on commodities that will perhaps trigger the capitulation that the market needs in commodities liker gold, silver and WTI crude, says Sonali Ranade.
Don't catch falling knives or chase bear rallies no matter how enticing those eight pc green blips look. They may be mouse traps, warns Sonali Ranade
The dollar's preliminary moves after the low 80.90 are supportive of a like dollar rally back to 85.50. We should see confirmation of that in the early part of next week, says Sonali Ranade
The empathy that the vocal, opinion-making class now feels for the 23-year-old student in Delhi, bravely fighting for her life, has kindled something. But is it enough, asks Sonali Ranade.
It was the RBI which destroyed our $-job economy. It is for the RBI to resurrect it by instituting news ways of managing the INR, says Sonali Ranade
Hoard cash. There will be plenty of time and opportunity at far lower levels, warns Sonali Ranade in her weekly Market Notes
The dollar is king in an intermediate correction, says Sonali Ranade
Time to take profits and move to the sidelines in an euphoria, says Sonali Ranade
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
A resurgent US dollar is the key feature of the current scenario and its value continues to drive other markets, from euro, yen to the INR. Most currencies continue to seek lower valuations against the greenback. This trend is likely to continue until the dollar peaks out by yearend at around 89 as opposed to 84.5 right now, says Sonali Ranade
If the dollar continues to rally as expected, commodities will continue to tank after a short counter-trend rally.The same holds true for precious metals, says Sonali Ranade
The crack in the equity markets is serious and portends a deeper correction ahead. The markets will almost certainly attempt to complete the interrupted up move next week, says Sonali Ranade
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances