Today is the biggest political economic event of India the yearly govt. Budget 2017, It has been always the biggest sales event by the media and every year the projections, expectations are on the rise.
The following will be the reactions to the budget to be presented even before analyzing it .
- BJP – Path breaking, pro-farmer & will help the last person in the society.
- Congress – Anti-poor & will increase inflation.
- AAP – For the benefit of Adani & Ambani.
- CPI & CPM – Will serve American interest & will result in mass unemployment. Continue reading
Too many research analysts, TV analysts and Exit polls are riding on the India’s biggest event of 2014. Every one knows this is an event driven market and all wants to cash in the euphoria of the bull run.
The Indian market swing in the last 2 sessions discounting the BJP win for the elections. This market period has been quoted as the Mother of bull markets.
I do not know how many portfolios is in green or red. Whenever there is a big swing in the market the investors start anticipating and the analyst start guessing the bottom points. Emerging economies Indian Rupee and the stock market is the famous example now. Continue reading
If you are a keen follower of financial journalism and had been following the media, you must have heard the headlines stating For three days there was ‘profit booking’ in our markets. Today, ‘value buying’ emerged. I love these journos.
Next what the predictions for May 16-17th Sensex 24,000. What to say? Well just one line that market forecasters exists to make the astrologers look good. So Greed is good 😉
Now the worst scenario could be Hung parliament. 3rd Front. Consensus candidate Pranab Mukherjee. OR Ra Ga as PM. Sensex 19k in June 2014 Sensex 13k.
Knowing your time horizon before you make any investment is extremely important. This should allow you to keep market moves in perspective so you can align your risk tolerance with your actual portfolio needs. Continue reading
Yesterday FT did an interesting post on the 3 scenarios for the next government . The Good , The Bad and The Ugly directly impacting the economic scenario of India . The Fun fact: as many as 363 political parties participated in the 2009 general elections and only seven of them were national. India really does coalitions with gusto and there is a chance that anti-incumbwncy voting — embodied best perhaps by the anti-corruption poll-complicating AAP — might deny the BJP the seats they need to form the stable government apparently being priced in
The most interesting is to analyse the below scenario :
Caveat emptor : The above is subject to change if Congress is able to form the govt 😉