Short Selling

SEBI curbs on short selling may work, but it may be a tad too late During the week, the regulator stopped short of imposing a ban on short selling. Instead, it tweaked the MWPL limits and the margin requirements to discourage the creation of naked short positions. It may still work in curbing speculation but…

Yes Bank

Who is actually paying the price of the Yes Bank bailout? It has been a hectic 15 days for the depositors and investors in Yes Bank. The bank had come under an RBI moratorium on 06 March but it was rescued in less than 2 weeks. While the rescue is done and dusted, the question…

Private Banks

What explains the sharp fall in Private Banks in March? Between Jan-20 and March-20, the Nifty Private Bank index lost 38%. What was more surprising was that 30% out of the 38% correction happened in the month of March. What explains this sell-off in private banks? Economic slowdown worries The Coronavirus has put a cloud…

Repo Rate Cut

It’s time for the RBI to intervene and cut rates at the earliest In the immediate aftermath of the Fed rate cut in March-20, there were strong expectations that the RBI would follow suit. However, the RBI has chosen to go slow and avoided jumping into a rate cut. Is it really time for the…

Oil Glut

Saudi Arabia has triggered an oil war; but where will it end? The Vienna meeting between the OPEC and Russia failed to reach a consensus leading to Saudi Arabia adopting an Oil Flooding policy. What triggered this oil war and what could be the eventual outcome of this oil price war? Why the Vienna talks…

Sensex Crash

In the midst of the Sensex crash, don’t miss the silver lining The week was manic for the stock markets in more ways than one. Nifty and Sensex corrected almost 28% from peak levels before bouncing back from lower circuit. In the melee, one must not forget the silver lining in the cloud. Big global…