Entries Categorized as 'Yahoo'

The School Of Hard Knocks

Date January 30, 2012

I write at Yahoo: The School Of Hard Knocks Many of us desire to make money from the stock markets, because it doesn’t seem to take a lot of skill. After all, like a casino, all you need is one good trade. That’s what we read about — the success stories of investing talk about [...]

The Irrelevance Of The Sensex

Date January 25, 2012

At Yahoo, I write on the Irrelevance Of The Sensex: In a recent trader meet, a speaker asked on stage where the market closed last. Answers were “4714″ and other figures around the 4700 number, but the speaker was looking for another answer. It dawned on us soon that he was looking for the Sensex, [...]

The Year 2011

Date December 28, 2011

From my year-end piece at Yahoo: 2011 would be best forgotten by the Indian markets. Stocks have fallen around 25%, making it the second worst year in market history, after 2008’s drop of 52%. The rupee has fallen another 20% against the dollar. Petrol prices are so high that pumps now sell it in ink [...]

What To Make Of The Great EU Announcement

Date December 15, 2011

From my piece at Yahoo. Twenty six of the 27 European nations decided to move forward with "tighter integration" and a closer "fiscal union" which seems to have cheered markets tremendously. (The lone dissenter was the UK.) These grandiose statements provide way too little detail in exactly how such a pact would work, and be [...]

Buying Back Our Deficit

Date December 9, 2011

(From my Yahoo Piece) The government has not been able to divest public sector company shares in the market, due to depressed investor sentiment as markets have fallen over 20% in the year. The lack of this "extra" revenue means that total government receipts — or "income" — have fallen 18% compared to last year [...]

Fishing For A Bailout

Date November 23, 2011

From my piece at Yahoo! Much has been made of the fall from grace of Kingfisher Airlines. The King of Good Times — the Kingfisher brand byline — is a Pauper of Bad Times, it seems. The largest airline by market-share (according to its own investor presentation, Oct 2011), Kingfisher recently cancelled a large number [...]

The Derivative Alternative

Date November 9, 2011

(From my article at Yahoo) While derivatives have been called weapons of mass destruction and worse, they can provide alternative methods to participate in the markets. To a bystander, these instruments seem complex — and some indeed are so, with SEBI now requiring brokers to ensure that investors are financially capable of handling themselves before [...]

The Savings Account Battles Begin

Date October 30, 2011

(From my post at Yahoo) In a new notification, the RBI has provided for a complete savings bank rate deregulation, in which banks are allowed to set their own rates for savings bank deposits. A savings bank (SB) deposit is what is called a checking account abroad, which you can write cheques against, and where [...]

Give us our Daily Tickers

Date October 21, 2011

I make the case at Yahoo for a common stock ticker set. Have you heard of RELIANCE? Yes, that Ambani company. The fellows that keep arguing about how much gas they’re producing. But it’s also called RIL. And RELIND. Or RELI. Whoa, you think. These are the same company? Why so many names? Or, in [...]

Infosys Q2 results beat expectations: An analysis

Date October 15, 2011

(My Yahoo Piece on Infy results) Infosys announced Q2 results (September 2011) today, beating expectations substantially. Revenues were up 8% from last quarter to 8099 cr. and Net profits up 9.73% from last year, to 1906 cr. The stock is up 5% and has lifted the index up with it, with both the Nifty and [...]