As the Equity markets go in a sideways to a downward kind of move, its time to look at other investment avenues. Sriram Transport is coming up with non-convertible debentures offering upto 11.60 % interest.What are non convertible debentures?They are debt instruments offered by the company which offer you an annual interest of 11.60% payable annually. These bonds are traded on the NSE and which means you can sell them if you need the money immediately.How safe are they?The company is rated as AA by Rating agencies which means the company is pretty...
Saturday, 25 June 2011
Wednesday, 22 June 2011
Sunday, 19 June 2011
The Economic Times had a couple of articles over the week which caught my eye. These certainly were pointers to a slowdown last time around. Lets have a look at them.1. The ET had an article how many Real Estate agents had gone under and had shut shop. These folks had moved to other professions. The Real Estate Market was down in the dumps. Related to Realty 1 more transaction caught my eye.NCPA Apartments arguably the most prized address in Mumbai where people like Ratan Tata and Uday Kotak stay, a flat was sold for Rs 85000 per square feet.I...
Wednesday, 15 June 2011
Sunday, 12 June 2011
It was a range bound trading week with a slight negative bias. The trading range is narrowing and a break is imminent. This should give a move of 200-300 points.1. The coming week has the Inflation Data on June 14th, Advance Tax data on June 15th and the RBI Meet on June 16th where I expect key rates to be hiked by 25 basis points.2. The short term stochastic which are leading indicators and the MACD have given short term sell signals.3. The 61.8...
Saturday, 4 June 2011
The US Government has been printing dollars and pumping in money to keep its economy afloat. We had Quantitative Easing 1, 2 and 3 may be on its way. What would be the implications for Global Markets?1. QE-2 ends on June 30th. This means no more pumping of dollars and the Fed Balance Sheet begins to shrink. If there is no QE-3 expect the US market to collapse at least 20 pc and treasury yields to rise. The Dollar would strengthen and Gold and other commodities like Oil would flatten or have a slight dip2. There is a delay in announcing QE-3. Markets...
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