brij srivastava

Indian Markets Tuesday Wrap-Up: Markets Make Up for Yesterday's Losses

Manmohan is truly man+mohan in hindi which translate into pleasing to the mind.Its nice to see a market bouncing back on air supply by Manmohan.
Lets wait for Pranab Mukerjee's budget...and if he's still a shade of himself as a FM 25 years back..........but heyyyyy...does it really matter?
US $ is still the staple food for many industries and big contributor to Indian economy..........and is worthless.
Hot gas fired balloon will defintely rise....... wait till the gas runs out.

India: The Bear Case

India creates billionaires overnight.This phenomenon needs a complete scrutiny.The answer lies in pricing of public issues by govt.agencies and also in rampant price rigging by operators (read:promoters).

Is India's Economy Overheating?

Mr.Sharma,thank you for the feedback. Auto sector slowdown as you term it maybe a caused by various other factors (including rate hike),the auto companies would never have gone for expansion knowing fully well the imapct of interest rake hikes.
Real estate in india has always been a black money play.Now lately with increased income with families due to salaries hitting roof,real estate is now coming to terms with clean money chasing clean properties.There has to be some gestation period for maket forces to apply.The fall in property prices is very well understood and what we have seen is just a begining.The cycle could last a period of ten years.
As for IT companies,the party is nearing its end...how long can a government flog its own currency to keep a certain sector flourishing?IT companies have had tax free run for too long now.Rupee is at its begining of its rising graph....no amount of government intervention can keep it suppressed for long.Even Dubai exchange is getting ready for rupee futures,wake up call.
Still i agree with you......it is a wait and watch situation...hope not for long though.Thanks

Is India's Economy Overheating?

Interesting poser Mr.Delfeld. My take is that indian economy can take a many more bouts of interest rate hikes in its stride. But is it required?..an answer to it lies with RBI.Well i hope they wait it out for another quarter or two before indulging in such an exercise. It seems they have their mind made up and we might see a hike more so on political compulsion.India has a new problem at hand....the increase in salaries of middle-class......whic... can more than handle/offset interest rates hike,if any.Some sectors will see an impact. Indian economy is definitely on a roll and rise in rupee will be there for years to come. So,any foreign investment in core sectors will reap high returns. Returns will multiply as rupee gets stronger.Subsidising exports is no answer from now on.Competition will now unleash the true character of indian exports.As of imports,indian masses do deserve cheaper foreign products and variety at their disposal.Expansion of internet and media has made indians aware of products available and worldwide flavour. So,i guess rupee needs to strengthen which incidently will have a positive political impact at ground level.

Is a Rising Rupee Really That Bad?

Sir, since independence we been taught that a strong dollar is good for us.So,what we have in india today is wealth is on the side of sectors/people involved with exports.The move from strong dollar to a strong rupee will have to be gradual and also be based on the mindset of policy makers of the day.I do foresee a clear shift to a strong rupee as india is now been touted as a high consumption place.Consumption patterns will need to be closely watched between US and India...one obese,the other starved.I wonder whether there is any need to watch fall in dollar,as rising rupee does not necessarily mean a fall in dollar.

Risk Versus Returns in the Indian Market: The Case for Bank Deposits

Dear Abhilash.......appreci... the pains taken to write this article..I can only add that investors always had a choice between fixed deposits and stocks,be it now or fifteen years back.Choice always yield results,comparatively.... results will vary with individual investors in stocks,but fixed deposits are relatively insulated.Even if next fifteen years forecast is skewed in favour of fixed deposits there will be even more investors flocking to indian stocks now than ever before.So cheer us up in ur next article on stocks.Well as they say,gentlemen prefer bonds...then stocks investors are not that gentle.

India's Market: The Worst May Be Yet To Come

Dear ketan,time now to take a position.Markets never become overvalued or undervalued,its due to perception.

India's Market: The Worst May Be Yet To Come

Sir,read your article with pleasure.I would like to submit that incase indian markets goes down further from here,then what u have left is skeleton stock market.In case of stock market desertion by local investors how long does fund managers spar with each other?Besides all the commercial activity is within the confines of a city called mumbai where everyone worth its salt is known to each other.So,as things stand any worsening of stock market indicies can have a deterimental effect on funds and flows(both in&out).Sudden fit of reversal trend and reversal trend has to stem now or else................go... forbid.

Indian Stocks Dip Following Anti-Inflationary Rate Increase: Time to Buy?

Gentleman.i am back again with indian budget passing off as an non event....what else can i say when the finance minister has nothing more to add ,give or take a few,which implies that even the central command is not expecting a lower side in economy.....I feel that per capita consumption of an average indian household is miniscule compared to west ,so,it would have to catch up implying a further expansion in economy.Interest rates worry and inflation worry are a bit sectoral here.Regards

Indian Stocks Dip Following Anti-Inflationary Rate Increase: Time to Buy?

Gentleman,i read your article and understood your views .It seems very theoritical and based on perception of the past regarding india.You would see that no amount of financial planning by the central authorities have made any impact on india's growth...it came on its own.I have seen with disbeleif myself when central authorities have been caught on wrong foot themselves.......it was too quick and too sudden.Stake sale by IFCI by govt to reveive it has come a bit too late but fetched handsome returns...rewards of lethargy.Please be informed that india is now driven by the enterprise of indians and not by beauritical central command.No amount of interest rate dabbling would affect the growth for another 15 years......because the income growth can more than handle it......financial sector is the only sector that will grow because the wheels of growth are oiled by it.