Nifty Observations

Sensex Vs Nifty-The generation gap

There was an interesting discussion at Atma about which index better represents the Indian market-the Nifty or the Sensex.

I find that the answer often depends on the age of the person. For old timers (above 40), the answer is the Sensex.They have spent the better part of their trading lives talking,dreaming and thinking about the Sensex.

For the young ‘uns, it is the Nifty.They trade F&O on the Nifty and can tell you its movement tick by tick.They will be hard pressed to even know what the Sensex levels are.

So when somebody asks you where the market is, the index you quote tells something about you as much as it does about the market !


Site Review:Track Stocks Smartly

The Indian financial blogsphere  is getting interesting with quite a few interesting blogs and sites out there.

One interesting site is Track Stocks Smartly. What this site does is collect data from NSE and BSE and posts it here in a very user friendly format.

Anyone using the NSE site knows what a pain in the neck it is to download their zip files, unzip it and then extract the relevant information.

This site is great for tracking bulk deals, insider trades, announcements and corporate actions.

Check it out for yourself !!


Weekend Mega Linkfest:Oct 20, 2012

Some interesting offbeat reads for the weekend:

Realty comes back to bite the Pawar family (Tehelka)

India was the aggressor in 1962, China was the aggrieved (Outlook)

When the loud get going (Caravan)

Ask him no questions-Analysis of Kurshid’s media conference (Newslaundry)

Cutting Narendra Modi some slack (ForbesIndia)

How to earn 7% in a savings account with no minimum balance (Moneylife)

No wars for water (ForeignAffairs)

Inside Osama’s last hours (VanityFair)

Rise of the stay at home phone sex operator (Atlantic)

Never say no to networking (HBR)

The scariest little corner of the world (NYTimes)

How a high speed train accident exposed China’s corruption (NewYorker)

A hike in Western China (DesignObserver)

Ganapati Mandals 2012 of Mumbai (Ghumakkar)

A Ferrari weekend (RishadSam)

Movies: Monsters I have known (JaiArjun)

Book Review:The Science of Yoga (IDreamBooks)

Book Excerpt: India Becoming (Open)

Mahinda Quanto Reviewed (TeamBHP)

Spoof:Kapil Sibal, Chidambaram win Nobel prize for Zero loss theory (UnrealTimes)


Mark Mobius’s one piece of advice

Guess a bubble in Frontier Markets will happen in a couple of years


Linkfest:Oct 19, 2012

Some stuff I am reading today morning:

Dalal Street makes a beeline for rising textile stocks (ET)

Cut Rates or risk calamity (FE)

Buy Walnuts (DailyReckoning)

Hedge Funds reach record size (Reuters)

The science of analysis and the art of trading (DynamicHedge)

New evidence outsourcing killed the American middle class (BusinessInsider)

A bias for real estate (PsyFi)