Edelweiss : Vagaries of the market
Edelweiss Financial Services listed on the stock markets at around Rs. 1400 in 2007, which was at 75% premium to its offer price of Rs. 825. It subsequently made a high of Rs. 1608 on NSE. The chart below presents a snapshot of price performance and important fundamental parameters […]
USDINR approaches make or break price
USDINR approaches make or break price range that would decide its trend for coming weeks may be even months. A break of this price range would signal bearish trend however if it manages to hold above these levels (which to us looks unlikely) the prices would likely test the 2013 […]
RBI’s latest boost (or bust?) to real estate
PTI reports the latest RBI move to “boost” an already over-valued real estate market by lowering risk weights on select home loans ( up to 75 lakhs) and consequently higher Loan-To-Value ratio by up to 90%. To quote the article on Firstpost: “the banking regulator said in the case of ‘individual housing […]
Sensex and a market indicator: ET News
On a day the Sensex rallied over 500 pts (564 points to be exact) ET carries an article titled why it may fall to 22000 on its front page. The article points to the disbelief in the current rally which has traveled quite quickly from 24923 to current levels and […]
RBI 50 bps rate cut a surprise? Not really !
We are actually surprised that so many economists and market men are surprised that RBI under Rockstar Rajan went for a 50 bps rate cut. So we re-post the link to our 25th August post which illustrated the rock solid case for >25bps cut. Oh! we also predicted that the Federal […]
INR, Interest Rate Cut, Inflation and one trade that many retail investors aren’t aware of.
The RBI governor has been hesitant in cutting interest rates partly due to inflation scare and partly because the transmission of interest rate cuts hasn’t happened through banks. With retail inflation now sub-4% and wholesale inflation in negative territory, the governor has still sighted inflation as his primary concern, which […]
IndianInsight view endorsed by none other than RBI governor Rajan!
In our article published in june we made a case for real estate prices going softer. The same view has now been echoed by the superstar governor Rajan. Read here.
Understanding Pricing of Public Issue of Equity
Here is a video explaining the pricing of public issue of equity.