Rajiv's Feed
Aug 30, 2011
via Expert Zone

Indian stocks: Paradise for value investors

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(The views expressed in this column are the author’s own and do not represent those of Reuters)

The BSE Sensex romance with the 16,000 level seems to have been rekindled, with the Sensex closing below it on August 26, after a gap of more than 18 months during which it touched a high of 21,109 (missing the all-time high of 21,207 by a whisker).

Jul 22, 2011
via Expert Zone

Price stability comes first for the RBI

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(The views expressed in this column are the author’s own and do not represent those of Reuters)

The job of a central bank is not enviable, at least not in a growth-obsessed economy like India. When it does not get hawkish enough, it gets termed as being “behind the curve”, and when it does get hawkish, we implore it to stop for fear of hurting growth.

Jun 4, 2011
via Expert Zone

Watch out for early signs of peaking inflation and slowing growth

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(The views expressed in this column are the author’s own and do not represent those of Reuters)

Indian equities, after recovering smartly during much of 2009 and 2010, have again started exhibiting high volatility over the last six months. At a global level, this time it is emerging markets which are leading the downside in equities. Even among emerging markets, Indian stocks have looked weaker.

Feb 22, 2011
via Expert Zone

Union Budget 2011: Relief to the common man, opportunity to the investor?

(The views expressed in this column are the author’s own and do not represent those of Reuters)

With the Budget less than ten days away from being presented in the Parliament, market is already rife with speculations about what the Finance Minister is likely to propose and what not. Though many people proclaim that over the years the Budget has become more of a non-event for the equity markets, the very same people can be seen putting their precious time and intelligence at work in trying to speculate what it may contain.

Nov 8, 2010
via Expert Zone

Earnings, RBI policy bring markets cheer, but will it sustain?

(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)

With real interest rates starting to move from negative to neutral, cost of capital rising and stock markets trading in the fair value plus zone, it will be tough to rake in substantial gains from equities in the near term. Prudence suggests that investors diversify their portfolio across asset classes and stagger their equity investments over the next 12-18 months.