However, a higher high from this rally will not negate a deeper correction to follow sometime in December, says Sonali Ranade
It is in the interest of all politicians, ruling and opposition who hope to grab power in the next elections, to resolve the subsidies mess here and now. But how can it be done? Sonali Ranade and Shaelja Sharma offer a checklist
While one must recognise that we are towards the end of a long bearish trend, there is little evidence of the capitulation that is necessary for a confirmation to the end, says Sonali Ranade
Right now, the 'Lower D' or LD segment -- which the industry defines as a sedan that costs between Rs 1.5 million and Rs 2 million, is longer than 4.5 metres, and powered by an engine of 1.8 litre or larger -- has barely three cars, all of which have been around for over a decade in India. Nevertheless, at least one foreign auto player is looking to bet big on the segment.
The right to enjoy the fruits of what one creates is at the heart of an individual's motivation to excel. When we defeat nature's way of motivating people, we defeat ourselves as a society, says Sonali Ranade
The best part of the collapse in the price of gold [bullish for India on its own merits] was in what it says for commodities in general but for crude in particula, says Sonali Ranade
In the decade that Narendra Modi has been chief minister, Gujarat has done well but so have other states. In fact, some have closed the gap with Gujarat, particularly in the last five years, argue Sonali Ranade and Shaelja Sharma
The market is skating on thin ice of an extension that can reverse on a dime, says Sonali Ranade
Temper greed with plenty of caution, warns Sonali Ranade
Mere portfolio investment inflows via FIIs should not be used as a pretext to allow an appreciation in the rupee, says Sonali Ranade
The critical points will unfold over the next two to four weeks, says Sonali Ranade
Given our long and disastrous history of regional satrapies, to allow central institutions to weaken further would be playing with fire, says Sonali Ranade
The US markets have had a nice four-year bull run from March 2009 that just doesn't seem to be ending. The markets are on an extension. That's not surprising after the severe crash in 2008. However, these extensions can terminate at any time without notice, says Sonali Ranade
As always buy into blue chips that are currently at lows, suggests Sonali Ranade
We will not know if the breakout is just a reactive pullback or the real thing for another two weeks or so, says Sonali Ranade
On the whole expect a very treacherous markets as the price levels could be driven purely by the technical play between bulls and bears as the new trend is established, cautions Sonali Ranade
Spend time accumulating good blue chips that indicate that prices have bottomed out, says Sonali Ranade
We are pretty much towards the end of a bear market in terms of wave counts and these are times to accumulate blue chips, not sell, says Sonali Ranade
The key to fighting Maoists lies in isolating them in urban areas and containing them in forested areas, says Sonali Ranade
Lo and behold the UPA magic. The share of the poor, in whose name all subsidy is created by liberal bleeding hearts, has shrunk from a little under half to just about one-third, write Sonali Ranade and Shaelja Sharma
The midcap space in the US is red hot. The Russel 200 Index that represents 2000 names in the US midcap space closed the week at 905.24. Recall, the same index topped at 856 in the bull market that ended in 2007. So in fact the midcap index has already made a new high some 5.7 pc over the 2007 peak, says Sonali Ranade
As politicians dismantle the levers of power, whether it is subsidies, allotment of land or spectrum, etc, they fear the prospect of losing the power of patronage much more than the power to extract rents therefrom, says Sonali Ranade
These are times to buy as prices crash; at your own pace, at your prices, says Sonali Ranade
As expected, the government did not move in time to grab the fleeting opportunity for POL sector reforms, writes Sonali Ranade in her weekly Market Notes
China has been trying to build lobbies of influence and mould public opinion in India since at least 2017, and large sums have been invested in the effort, reveals former RA&W officer Jayadeva Ranade.
For now the probability of the tradable rally remains very low, says Sonali Ranade
All the opportunities available to China were also open to us. The need is for the government to set up the right incentives to make those opportunities profitable for the private sector, the rest will follow, says Sonali Ranade
What can be said with certainty is that the changes that are necessary to the present mode of living will not be possible without the aid of religion or something like it, says Sonali Ranade
What can be said with certainty is that the changes that are necessary to the present mode of living will not be possible without the aid of religion or something like it, says Sonali Ranade
The methods being used by the government to window-dress the fiscal deficit will fool no one, least of all foreign investors or bodies like the IMF, warns Sonali Ranade
That the justice system, of which the police are a part, does not work for rape or other victims is no accident, writes Sonali Ranade
The depreciating Indian rupee creates new opportunities.
The only response from the government so far has been a 20 pc devaluation of the Rupee by stealth. In a roundabout way, this is the price we must all pay for as a tax on wealth, says Sonali Ranade
We as a species are hitting global constraints imposed by Earth's ecological and bio-systems that we don't know how to mitigate or resolve as a species, says Sonali Ranade
The budget is evidence that we have no strategic plans to successfully compete in the evolving world. If this government were running a business, the board would fire it without a second thought, says Sonali Ranade
Pragmatism, perseverance, patience, persistence -- and a lot of detailed work.
Musings on the world market trends.