Trade Deficit

The deficit number could be getting out of control

The total trade deficit for the first 7 months of the current fiscal year came in at a whopping $88 billion. What is worrying about the Indian economy is that this is a full 60% higher than the trade deficit reported for the corresponding period last year. There are 3 key implications of this sharply higher trade deficit. Here is how…

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Infosys Buyback

What you need to know about the November 30th buyback

The stock price of Infosys has been on an uptrend in the month of November and is up by nearly 10%. The immediate trigger appears to be the buyback of shares which opens on 30th November. Here is what you need to know about the Infosys buyback and how it impacts your holdings of Infosys if any.

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Bankruptcy Code

The IBC gets a facelift, but will it defeat the entire process?

The President of India gave his assent to an Ordinance to make amendments to the Insolvency & Bankruptcy Code (IBC). While the bill could have been passed in the Winter Session starting on December 15th, the banking resolution is obviously a race against time. What are the reasons for this amendment and how will it make the process better? Above all, will it amount to throwing the baby with the bathwater?

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Common mistakes investors make when investing in stocks

So, finally, you opened your trading account and you are ready to start investing in the market. You are all set with the famous story of how Wipro converted Rs.10,000 invested in 1981 into Rs.550 crore in 2017. Actually, it is not just Wipro but there are scores of other companies who have created tremendous wealth over the last few years. Stocks like Britannia, Lupin, Eicher Motors, TTK Prestige, ICIL etc are some of the companies that have created unbelievable wealth over the last 10 years. Understanding wealth creation begins by getting your basics about investing right. That means, you first need to understand the investing mistakes that you need to religiously avoid… Continue reading

Trading Rule – “It is not necessary to be always right in the market”

THE NEXT TIME YOUR FELLOW TRADER BOASTS HOW OFTEN HE IS RIGHT IN THE MARKET, ASK HIM WHAT HE DID WITH HIS VIEW. BEING RIGHT TOO OFTEN HARDLY MATTERS. WHAT YOU DO WHEN YOU ARE RIGHT IS MORE IMPORTANT THAN BEING RIGHT. THE MARKET IS A COMPLEX GAME AND MOST PEOPLE ARE LIKELY TO BE WRONG AT TIMES. THAT IS NOT MATERIAL. WHAT MATTERS IS WHAT YOU DID WHEN YOU WERE RIGHT. IF YOU COULD PREDICT THE MARKET TO PERFECTION BUT DID NOT HAVE THE GUMPTION TO TAKE A POSITION IN THE MARKET, IT IS ABSOLUTELY POINTLESS. FOCUS ON RESULTS!

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