Jane Street could do what they did because of the most fundamental flaw in the Indian stock market: a fragmented, fractured, fissured, fistula-ed liquidity stream, points out Shankar Sharma.
India on Tuesday evacuated over 1,100 citizens from Iran and Israel amid ongoing tensions between the two countries, taking the number of evacuees under Operation Sindhu to 3,170.
'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'
'He has been one of the clearest thinkers in the history of business.'
First Global's Vice-chairman Shankar Sharma said he had nothing to do with the market crash in early 2001 as alleged by the market regulator.
'The bull market cycle ran for five years. It's the end of that cycle.' 'The next cycle is a down cycle, and in that down cycle, you will see the Sensex falling from their highs of around 68,000 to maybe 40,000-50,000 at the bottom of the cycle.'
The bench observed that the appellant, Sharma, was on both sides of the trade, that is, he was the buyer as well as the seller, and the buy and sell orders were put into the system at almost the same time.
'Reduce your equity allocation, put that allocation into gold and fixed income.'
The communal violence in Sambhal that claimed four lives and left over 20 people injured has now sparked a debate over a purported rivalry between the Turk and Pathan communities, with political and administrative figures weighing in on the cause of the unrest.
Two days after violence broke out during a court-ordered survey of a Mughal-era mosque in Sambhal, Uttar Pradesh, life is gradually returning to normal with schools reopening and shops resuming operations. Internet services remain suspended and authorities continue to monitor the situation closely with restrictions in place on entry of outsiders and public representatives. The area around the Shahi Jama Masjid remains deserted, while the police investigate the violence and make arrests.
Benchmark Sensex and Nifty after gaining nearly 30% in 2014 are trading in negative this year
Several sitting MLAs are dropped by the BJP in the latest list.
The federal agency issued a summons to Vaibhav Gehlot (43) last week, asking him to appear before the investigating officer of the case at its headquarters on A P J Abdul Kalam Road here under the provisions of the Foreign Exchange Management Act.
The agency has also summoned Rajasthan Chief Minister Ashok Gehlot's son Vaibhav Gehlot for questioning in a case related to alleged contravention of the foreign exchange law, official sources said on Thursday.
Seerat Naaz's video appeal to the prime minister last week, which was shared widely on social media, prompted Director of School Education, Jammu, Ravi Shankar Sharma to visit the government school located in the remote Lohai-Malhar block.
'People trust India and Indians a lot more than they trust China and the Chinese.'
'The pitch for India is flat, the ball for India is old, the sun for India is out, and the bowlers are not bowling too well.' 'I think only we can get ourselves out.'
At a Madhya Pradesh cabinet meeting held in the temple town of Ujjain, Chief Minister Shivraj Singh Chouhan ceded his seat to Lord Mahakal's portrait, an act some former bureaucrats said was "unprecedented" in the history of the state and could have been avoided.
A suspended woman constable, purportedly figuring in two video clips while indulging in sexual activities with a Rajasthan Police Service officer before her six-year-old son, was on Sunday arrested by the Special Operation Group of the police.
After a stellar run that saw the frontline indices - the S&P BSE Sensex and the Nifty 50 - clock gains of around 21 per cent and 24 per cent respectively in calendar year 2021 (CY21), the year gone by in real sense belonged to the mid-and small-cap segments. Thus far in CY21, the mid-and small-cap indexes on the BSE have far outpaced the run in the frontline indices and notched up a gain of around 38 per cent and 61 per cent, respectively during this period. Though analysts expect the outperformance to continue in 2022, they caution against the multiple headwinds in the year ahead that may dent the overall market sentiment.
Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.
Given the impact Covid-19 pandemic had over the world economy, analysts expect global central banks, especially the US Fed, to keep the liquidity tap open, which, in turn, is likely to keep the equity markets, especially those in the emerging markets, buoyant.
Shankar Sharma of First Global says that earnings for HPCL, BPCL can quadruple, factoring in oil bonds.
Shankar Sharma-promoted First Global group has called off its acquisition of Way2Wealth Securities, a financial services company in the retail space, for non-compliance with certain clauses in the pact by the sellers.
Interview with Vice-Chairman and Joint Managing Director, First Global
Indians were happy to make money off corruption, and happily turned a blind eye to what lay beneath the boom, says Shankar Sharma.
'The only thing that is safe right now are government securities.'
Both indices are down nearly 9 per cent from their all-time highs in mid-January. A sharp reversal seems difficult this time as the peak impact of the virus is yet to play out.
A Delhi court on Thursday asked police to lodge an FIR against Maharashtra Navnirman Sena chief Raj Thackeray for allegedly branding Bihar natives as infiltrators in Mumbai and threatening them to throw out of the state.
Legendary composer Ravi Shankar Sharma, popularly known as Ravi, passed away on Wednesday evening at the age of 86.
If Gupta had given Raj Rajaratnam information that Goldman Sachs was going to get an investment from Warren Buffet (and suppose, if Rajaratnam had not sold an already long position in Goldman stock based on this material, non-public information), would this have amounted to a criminal offence on Gupta's part?
'The market was expecting the Budget to do more, given the domestic economic slowdown and global uncertainty. Over the next few days, the market is expected to absorb the volatility.'
Under the Income Tax Act (I-T Act), the income of a minor child is clubbed with that of one of his/her parent, whoever earns more.
The Securities Appellate Tribunal (SAT) on Friday banned Shankar Sharma, director and chief global strategist of broking firm First Global from trading in bourses for one year.
'The probability of this being a suckers' rally, where all kinds of beaten down stocks have begun to rally sharply, should be a time to be cautious and circumspect.'
Interview with Shankar Sharma,VC & Joint MD, First Global.
In a bid to tap the rural market, state-run Bharat Sanchar Nigam Ltd on Wednesday said it would provide rent-free telephones to customers in villages.
The Central Information Commission has held that Income Tax department need not furnish information to aggrieved parties on action taken by it till the investigations were completed.
'Investors need to diversify at least 30% to 50% of their liquid wealth across different markets, asset classes, and instruments across the world.' 'Do this with proper guidance and advice.' 'Global investing is complicated, but if done right, is extremely rewarding.'
Shankar Sharma of First Global expects global volatility to rise while he sees equities under pressure.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances