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Thoughts on Valuations & Markets

Mar 21, 2017

5:01 am

Summary Valuation & Growth Nifty & CNX 500 Earnings Trends Sectoral Analysis Global Trump Promises Falling Like Dominoes Valuations and Global Recovery The Ides of March notwithstanding, nor earnings, nor the Fed and elections, equity markets have surged to new highs. Back in late November, we wrote that equities were at historically low valuations on…

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Teenagers and Senior Citizens

Mar 6, 2017

1:43 pm

Summary Economy Inflation is Rising Worldwide Key Areas Still Ailing in the Domestic Economy Outlook Moving to Neutral Bias on G-sec Rates Outlook unchanged on Equities If you aren’t confused, you aren’t doing it right – Howard Marks, Oaktree Capital Management Teenagers & Seniors Howard Marks from Oaktree Capital recently visited India and called the…

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Illusory Truths and Fact

Feb 20, 2017

2:07 pm

Summary Earnings Update Nifty & CNX 500 Earnings Trends Sectoral Analysis Outlook Moving to shorter duration on Fixed Income Outlook unchanged on Equities The Illusory Truth Effect Consider these statements. We only use 10 percent of our brains. Eating carrots improves eyesight. Vitamin C cures the common cold. Crime in the United States is at…

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Monetary Policy Update

Feb 8, 2017

1:33 pm

Rates unchanged at 6.25%; Shift from Accommodative to Neutral The Monetary Policy Committee (MPC) of the RBI, kept the key policy repo rate unchanged at 6.25%; which was decided unanimously by all the 6 members. The MPC reiterated the CPI target of 5% by Mar-17 while the medium term CPI target remains at 4% within…

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