Valuations are much higher than the consensus earnings expectations warrant and also much too high in historical terms, says Devangshu Datta.
'It's amazing that a country that claims to be the world's largest democracy is getting into the business of micro-regulating personal and professional lives in this fashion,' says Devangshu Datta.
'Could robots vote for effective political leadership?' 'Arguably they could do this better than humans.' 'They are far better at fact-checking for obvious lies, and far better at gauging the sincerity of statements by analysing body language, facial movements and vocal tonality of speakers,' says Devangshu Datta.
Liquor sales will obviously be hit. So, will real estate prices at what used to be prime locations, close to major thoroughfares. Food and snack sales close to highways will also, in all probability, be affected.
Walmart is rumoured to be looking to listing Flipkart in a few years. At that stage, we'll get a better sense of what's going on in retail, says Devangshu Datta.
Mathematical problems can sometimes turn out to have real-world applications. This is true for the Riemann Hypothesis. Crypto-currency investors will heave a sigh of relief if the problem is unsolved since a proof could render their expertise obsolete, explains Devangshu Datta.
Investors who play follow-the-leader and invest wherever the Foreign Portfolio Investors are going may face painful losses.
Cash flow-based analysis should throw up businesses better able to survive the transient effects of a working capital crunch, says Devangshu Datta.
'In 1984, George Orwell dreamt up the concept of a dictatorship that worked on surveillance.' 'The reality of 2017 goes a long way beyond everything that Orwell imagined.' says Devangshu Datta.
'These problems teach us to think and assess information in a rational way.' 'That's all important at a time when a minister for education crudely humiliates a schoolteacher for giving the right answers,' says Devangshu Datta.
The Act envisages that the states and Centre will formulate specific rules for real estate regulation.
The ongoing experiments on Moon, Mars and elsewhere could translate into better crop yields and hardier plants that could thrive in inhospitable parts of the world, says Devangshu Datta.
After stripping Pluto of planet status in 2006, some astronomers want to reclassify it once again, says Devangshu Datta.
The government will have to get projects moving.
If you have an active trading account or have consumer loans or thinking of taking out a loan, consider investing in NBFCs, says Devangshu Datta
Despite the recovery to above $40 levels after hitting $28-29 in Jan, worries of over-supply in the face of weak demand remain.
'Political parties can play up different ideological aspects to fit individual voters.' 'For example, a party may present itself as business-friendly to one individual while it could target another voter by harping on communal fears.'
A small percentage of asset allocation to bitcoin seems like a reasonable gamble, as it could be a major gainer in an uncertain global environment, says Devangshu Datta.
Sounds good? This is science fiction but the science quotient is, so to speak, being enhanced, as the grasp of genetics improves, says Devangshu Datta.
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
These three industries might offer a roller-coaster ride and stocks would have to be held for a significant time.
The market is moving up because there is a high degree of speculative retail and operator action. This is rarely a situation sustainable for any lengthy period, says Devangshu Datta.
'The Indian market has all the factors at the moment: Over-valuation, over-confidence, reliance on some source of massive fund flows and massive scams.' 'The trigger for a collapse could also have arrived.' warns Devangshu Datta.
The longer a bear market lasts, the more the eventual returns are, says Devangshu Datta.
Stop-losses are mandatory to prevent losses going out of control
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
Devangshu Datta believes you should pick stocks trading at much lower valuations than the market average.
'No government will forego the usage of data of this order and nor will any private concern.' 'Unless, of course, there are strong safeguards to privacy.' 'Which is why that nine-member Supreme Court bench could make or mar everybody's future,' says Devangshu Datta.
Stocks below a certain size in terms of market capitalisation don't attract much institutional interest
'... because their parents wanted a boy.' 'But over 2 million women go every year due to sex-selective abortion, disease, neglect or inadequate nutrition,' says Devangshu Datta.
The market is clinging to support above the 8,000 mark and hitting resistance above 8,150.
'This looks like a long-term bear market and there could be mounting losses in the near-term,' says Devangshu Datta.
The IT slowdown directly threatens the well being of other industries as well as India's IT cities. This impact has not necessarily been factored in, yet.
'A fund investor could pick, say, three of the top active funds in any given category.'
'A string of prior losses, preferably humiliating ones, improves the chances of a World Cup win,' says Devangshu Datta.
There are many market phases when small second-rung stocks outperform big ones.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
'The economy is suffering (perhaps 'enjoying' is a better word) the lowest credit demand in decades; banks are struggling with stressed loans equivalent to near 10 per cent of GDP,' points out Devangshu Datta.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances