Category: Economy, Markets and Macro Views

The Indian Industrial Production – IIP for APRIL-08 was 7% Vs 3.9% in MARCH-08. Led by mining up 8.6%, manufacturing up 7.5% while electricity came in at a poor 1.4%. The slowdown in industry coupled with a deceleration in service growth (mainly financing and insurance) is likely to result in overall GDP growth coming in at 7.7% in FY09 v/s 9% in FY08. (more…)

Yesterday we presented with India’s GDP growth under various governments from 1991 to 2008. Today lets analyze the “Bear Market” or “Market Correction” [Call it whatever you want to] since 1992 to 2008. Benchmark used in the Analysis is NIFTY. (more…)

Global factors combined with internal developments within India are a dent to investment in India in the near term. Apart from Fiscal Deficit and Inflation some other issues are likely to affect the financial market performance in the next few quarters.

After talking to few Analysts, most of them were of the opinion to wait and watch. An excerpt from the interaction is as follows.

RBI May Step In: Inflation above 9%, regardless of cause, could make the RBI raise the reserve rate by 50-100 bp in 2H08. Hike in Interest Rates is not ruled out if the official Inflation figure rises above 10%.

Subsidized Oil and Bonds: The government is likely to issue about Rs1 trillion worth of additional fiscal and oil bonds in FY09 versus FY08. Banks will have to absorb most of these bonds to liquefy their holders who need cash. (more…)

This site in its new form came to life 2 years ago on June 7th. Since tomorrow is a holiday for markets we thought of announcing it today.

As a birthday bash, we would like to give away an Excel Spreadsheet to track Live NSE Indices S&P CNX NIFTY, S&P CNX DEFTY, S&P CNX 500 , NIFTY MIDCAP 50, CNX NIFTY JUNIOR CNX MIDCAP, CNX IT, CNX 100, BANK NIFTY.

You can also get live stock quotes of companies in Nifty, IT, Banking, Midcap 50 and Junior Nifty.This is useful to employees of companies where they block NSE / Kotak websites.

Usage:
Enable Macros and Enable Auto Refresh and you are all set to keep track of the market.

For Readers who are Stock Researchers based on Technical Analysis, we are willing to provide access to NSE Cash Market Data from 1995 and NSE Derivates Market Data from 2001.

Two big brokerages have come out with conflicting reports on reliance Petroleum one with a BUY – Can’t Wait to Start and see cash flow while the other with SELL – on weak gasoline spread forecasts. What do you do now ? (more…)

We are presenting to you the YoY change in %ge of various asset classes comprising commodities, bonds, equity indices. Nickel and Zinc are the top losers in the last 12 months while Crude, Soyabeans and Corn are the biggest gainers. The BSE Sensex occupies the Median slot in the list, check it out (more…)