Do it yourself

Thought for the day “The superior man understands what is right; the inferior man understands what will sell.” -Confucius (Chinese, 551-479BC) Word of the day Solipsism (n) Extreme preoccupation with and indulgence of one's feelings, desires, etc.; egoistic self-absorption. (Source: Dictionary.com) Shri Nārada Uvāca By rejecting the Adarsh panel report, has CM Prithviraj Chavan just seeded the AAP in Mumbai? 2014 – Key factors to be watched Politics Growth Inflation Rates External trade Fiscal conditions Corporate performance    As suggested a day before , in our view 2014 will only be a prolongation of 2013. Contrary to the consensus, in our view we may not see break in any of the major trends until at least end of 3Q2014. We believe that both the corporate performance and macro fundamentals should continue to seek their respective trough for most ...

Thought for the day “If you're trying to summarize something for your 1-year-old, you put it in very simple terms. You only gradually complicate the explanation as they get older.” -Emma Donoghue (Irish, 1969 - ) Word of the day Turpitude (n) Inherent baseness or vileness of principle, words, or actions; depravity. (Source: Dictionary.com) Shri Nārada Uvāca Should Congress conserve resources for 2019 or spend all of it in 2014 itself? 2014 – Starting close to finish Imagine the reaction of a 100m race participant, who is allowed to begin the race from 75m mark! Assured of victory will he be delighted? Much ahead of competition will he be complacent (remember the classic hare and tortoise fable)? Or will he feel depressed and opt out of competition? Now imagine the reaction of a professional formula 1 driver, who is informed in middle of race that the priced money for the race has been reduced by 75%! Will he co...

Thought for the day “The Chinese seemed to be mourning Mao in a heartfelt fashion. But I wondered how many of their tears were genuine. People had practiced acting to such a degree that they confused it with their true feelings.” -Jung Chang (British, 1952 - ) Word of the day Repast (n) Something taken as food; a meal. (Source: Dictionary.com) Shri Nārada Uvāca Will Rajan preempt any pre-poll fiscal indulgence by hiking 50bps upfront? 2014 - War continues If you can look into the seeds of time, And say which grain will grow, and which will not, Speak. Shakespeare, Banquo -Scene III, Act I, Macbeth The post Lehman period has seen an intense war between the forces of “Greed” and “Fear” in the global financial and political fields. So far most of the battles have been won by Fear. Potent fears of yet another collapse, mostly kept investors under check. The torrents of liquidity emitted by central banks in US, ...

Thought for the day “What a good thing Adam had. When he said a good thing he knew nobody had said it before.” -Mark Twain(American, 1835-1910) Word of the day   Cusp (n) A point or pointed end. A point that marks the beginning of a change. (Source: Dictionary.com) Shri Nārada Uvāca Is Raghuram Rajan already frustrated with politics? Get back to the business, as usual Nifty has given up all the gains made in the wake of recent state assembly election results. The ‘gap’ (6260-6415) created at the opening on Monday, the 9 th December, has been completely filled yesterday. Incidentally, the opening level of Monday (6415) is also the highest ever level for Nifty. Technically, Nifty should correct a little more to fill up the ‘exit poll’ gap (6160-6262) of 5 th December also. A close below 6150 would however negate the entire up move, pushing Nifty back in neutral territory (5850-6300 with occasional violati...