Expert Zone

India Markets Weekahead: Volatility to continue in results season

By Ambareesh Baliga
July 7, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

After a spirited rally the previous week, the Nifty moved in a band of 150 points between 5750 and 5900, ending with modest gains of 0.53 percent at 5868. It may seem small but the extreme volatility within this band caught traders on the wrong foot.

Chinese general warns India even as Antony visits Beijing

By C. Uday Bhaskar
July 5, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

India’s Defence Minister A. K. Antony is in Beijing on an official visit and a provocative curtain-raiser was provided by a retired major general of the People’s Liberation Army (PLA) who cautioned India not to “provoke new problems and increase military deployments at the border area and stir up new trouble.”

Where the rupee is headed after 60

July 2, 2013

(Rajiv Deep Bajaj is the Vice Chairman and Managing Director of Bajaj Capital Ltd. The views expressed in this column are his own and do not represent those of Reuters)

An Indian pivot in Afghanistan after troop drawdown

By S K Chatterji
July 1, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Notwithstanding Afghan President Hamid Karzai’s disinclination to participate in talks, the Taliban retain the ability to calibrate violence levels in large parts of the country. But even if an understanding is reached with the Taliban, it does not hold the promise of lasting peace. Breakaway factions will find support and funding to continue bloodletting.

India Markets Weekahead: A spirited rally may be a distant dream

By Ambareesh Baliga
June 23, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

The week began with the Reserve Bank of India (RBI) maintaining status quo on rates as expected at its mid-quarter monetary policy review. The trade deficit widened to $20.14 billion, a seven-month high and up 13.18 percent over the previous month. Gold seems to be the culprit again and government restrictions don’t seem to deter Indians from buying gold.

Making the most of a mini-crisis

By Hartmut Issel
June 20, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

It all looked promising at the beginning of the year: the Indian rupee, like other Asia ex-Japan currencies, was appreciating against the dollar, to an extent on par with the Chinese yuan and just behind the Thai baht and Malaysian ringgit. Then came chatter in early May that the Federal Reserve was near gradually ending its money-printing program. The selloff in the rupee was rapid, and the currency lost more value than most of its Asian peers.

Indian insurers can now go international

By Deepak Yohannan
June 18, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Global insurers have been participating in the Indian insurance market for nearly 12 years. We may soon see the trend reversing.

Hard currency status a wishful dream for the rupee

By R Rajagopal
June 18, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

A hard currency is one that is globally accepted as an exchange currency for trade. It is also expected to remain less volatile in the short term and indicate long-term stability through its purchasing power. The perceived strength and confidence in a currency is also a function of its country’s political milieu, fiscal and trade balances, the policy of its central bank and future economic outlook.

India Markets Weekahead – Volatility seen as RBI policy review in focus

By Ambareesh Baliga
June 16, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Volatility is here to stay and trying to predict the markets on a daily basis is a futile exercise. It’s no better than tossing a coin.

Why the RBI should cut rates again

June 10, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

In May, the Reserve Bank of India (RBI) had hesitatingly cut the repo rate by 0.25 percent, which made no impression on the stock market or commercial banks. That was because both expected the cut to be more substantial. But the RBI had not obliged.