Imagine that you are driving on the Expressway from Mumbai to Pune and you suddenly get a call from an old broker friend about a great momentum trading idea. As he explains the rationale, you quickly calculate that the stock could outperform in the short term. But there is a problem! Your trading account is …
Success, especially in businesses has traditionally been attributed to well-planned action. A well-thought plan and its implementation is then documented in full detail, with the intent of replicating the same model for begetting the same results. Digital, on the other hand, is a concept synonymous with innovation and change. In the digital world, technology advances …
Global Historical Perspective Options have been around for more than four decades, with present-day options trading taking place first in April 1973 on Chicago Board Options Exchange (CBOE) on a limited number of New York Stock Exchange-listed equities. Later, Options on futures contracts were introduced at the CBOT in October 1982. Since then, Options have …
One of the big economic stories of the last 3 months has been the strength of the rupee. In fact, back in December 2016 when the INR had touched a low of 68.77/$, most analysts had predicted a weakening of the INR towards the 72/$ mark. Surprisingly, the rupee strengthened and has gained sharply closer …
The equity market has been an interesting indicator of the way the Modi government has performed in the last 3 years. The market, being what it is, has always given more weightage to hope and expectations. Typically, markets have bought into hope, enhanced positions into expectations and sold into performance. The rally in the Nifty …
The Core Sector number for the month of March 2017 and the PMI Manufacturing number for the month of April; both surprised on the upside. The Jan-Mar quarter was the first full quarter after the impact of demonetization and the negation of the lag effects of demonetization was supposed to be over by the end …
The Ordinance to amend the Banking Regulations Act 1949, which was cleared by the Cabinet on 03rd May obtained presidential asset on May 05th. With the approval of the Ordinance, the Banking Regulations Ac t virtually confers unlimited powers on the Reserve Bank of India (RBI) to deal with NPAs. While the fine print of …
The government has gone ahead and announced a comprehensive National Steel Policy (NSP) 2017 outlining its vision for steel industry in general and facilitating the steel companies in particular. While the government has been supporting the steel industry over the last one year through import quotas and minimum import price (MIP) to protect them from …
The RBI / DoCoMo case continues to baffle with its twists and turns. On Friday, the 28th of April, the Delhi High Court has ruled that the RBI cannot intervene in a settlement between two consenting parties. In this case, both DoCoMo of Japan and the Tata Group have agreed for the compensation to be …
The minutes of the discussion of the Monetary Policy Committee (MPC) that concluded on 06th April were released on 20th April. Like the previous 3 MPC meetings in October, December and February, there was absolute consensus among the 6 members on the need to maintain status quo on rates. However, the MPC seems to be …
