The Reserve Bank of India cut its benchmark interest rate by 0.25%. Often a rate cut in India leads to another leg up in stocks. However, this rate cut was widely expected and thus may not be a trigger for another up-leg. Our ratings on India remain Buy in the short-term and medium-term, and Strong
The market is printing -2% on good employment number from the USA and the VIX is only 8% up. Is there something that Volatility is not considering? Market’s Reaction To The Employment Data The market’s reaction to the employment data is bearish. The employment data shows that the economy is strong. The negative knee jerk
SP Futures Chart   MORNING CAPSULE: SHADES OF 2011-12 IN GOLD, MOMO CROWD BUYING AGGRESSIVELY ON INDIA SPECULATION  July 8, 2014  Our algorithms have been detecting aggressive buying of gold by the momo crowd in a pattern that is similar to the last quarter of 20011 to first half of 2012. Interestingly
Consider initiating positions in the International EFT India (INP) India has been running large current account deficit. Current account deficit simply means that imports have been exceeding exports. A big problem has been heavy imports of gold. The government is beginning to succeed in curbing the imports but there is still a long way to