Archive for July 2009
I am watching the following stocks traded on the Indian markets closely. I will consider taking medium term(1-2 years horizon) positions in these stocks after 10-20% falls in prices.
The List
Reliance Industries – Petroleum Refining and Petrochemicals
Tata Motors - Automobiles and parts (cyclical)
Tata Steel – Metal (Cyclical)
Tata Consultancy Services – IT
Infosys – IT
ICICI Bank – Finance [...]
There seems to be fairly widespread concern that a poor monsoon may hold back a quick economic recovery in India. Monsoon winds bring rainfall to much of India between June and September every year. The agricultural sector depends heavily on the monsoon for rainfall to irrigate fields since the irrigation system in India is at [...]
According to Rupya.com, DBS Bank, a Singapore based bank pays 8.5% p.a, the highest interest rate on fixed deposits (2 year maturities) in India followed closely by YES Bank, which pays 8.25% p.a. Public sector banks such as State Bank of India and Andhra Bank pay 7.25% p.a . It is also interesting to note [...]
In this context, leverage is simply the practice of using borrowed money to make investments. Let us suppose that you have a strong feeling that a particular stock(say the stock of Goldman Sachs) is going to increase in value. You also want to earn insane amounts of money by investing in that stock but only [...]
The Indian markets have had a roller-coaster ride over the last 5 months or so. From the early 8,000 levels in March to the mid- 15,000s in mid-June to the early 14,000 s as of today. What a ride! In less than 6 months, we witnessed the euphoria after the election results, the disappointment of [...]
