Monthly Archives: May 2006

If India has big plans, global money is available: Andy Xie

Managing Director of Morgan Stanley, Andy Xie also feels that India’s growth rate will slowdown to 6.5%-7% rather than the 8% being touted by Indian policymakers. At a time when the Indian equity markets are facing a crisis of confidence, … Continue reading

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The real Culprit: Not FIIs !!

There is a strong consensus that India is vulnerable owing to the large mass of FII investment in the country. The evidence is, however, increasingly falling into place about a rather different set of ground realities. FII inflow is seen … Continue reading

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Stockmarkets: From 'trading' to 'safety'…

Source: EM …it is all in the ‘margin’. One of the reasons for the latest decline in Indian equities, apart from the ‘FII selling’, was margin covering, whereby stock buyers sold on every opportunity to minimise their losses so as … Continue reading

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4 Things to Watch Out for as Markets Bite Back

A sharp drop in global stocks reminds investors of the dangers that have been lurking beneath calm waters. A guide to these threats by Peter Gumbel/ Time/ Paris Click here to download the report.

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India: An 'external' view…

Source: EM After being in surplus from FY01 to FY04, India’s current account ran into a deficit in FY05, with the latest numbers showing deficit of US$ 13.5 bn. In this article, we shall try to understand the reasons for … Continue reading

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'The market should decline to between 6,000 and 9,000'

Marc Faber publishes a widely-read monthly investment newsletter “The Gloom Boom & Doom Report” report which highlights unusual investment opportunities. He is the author of several books including “Tomorrow’s Gold – Asia’s Age of Discovery” which was first published in … Continue reading

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The FCCB Trap

by Niranjan Rajadhyaksha/ BW On 16 February 2006, Ranbaxy Laboratories raised $440 million from global investors through an issue of foreign currency convertible bonds (FCCBs). A little more than a month later, it used part of this money to acquire … Continue reading

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