A quick word on Unlisted vs Delisted Shares: Unlisted shares – shares which never got listed on an exchange in the first place. Still it is possible that an active secondary market exists in these shares. Example – Ratnakar Bank and Bombay Stock Exchange both of which...
Over the last few months, I have received far too many mails expressing views on value investing and stocks that are undervalued, often deeply undervalued in the opinion of the writers. One of the best comments I received came from a 65 year old lady, who wrote this:...
What markets do day to day is overwhelmingly driven by random chance. Ascribing explanations to short term moves is like trying to explain lottery numbers. It’s no secret that in the short term – investor sentiment is arguably the only driver of stock prices. Their...
This post is about some famous financial frauds in India over the last few years. These certainly are not the only ones and as in past, in future there will be more. Harshad Mehta (1990 – 92) Known as the big bull – is perhaps the most familiar name when it comes to...
In order to have one integrated policy on foreign investment, the Indian securities market regulator i.e. Securities Exchange Board of India (“SEBI”) has introduced the Foreign Portfolio Investors Regulations (FPI), 2014. The FPI Regulation, 2014 replace the existing...
Over the past few weeks the entire world’s attention has been focused on crude oil prices. Some countries are benefiting immensely from the recent meltdown in crude oil prices while others are being slowly driven towards bankruptcy. Countries Benefiting – All...
