Some stuff I am reading today morning:
Govt kicks off banking reforms (Mint)
Titan’s Wedding Party (Forbes)
Interview with Uday Kotak (ET)
UDAN takes off (BS)
Cautious bourses raise margin money in F&O (BL)
Analjit Singh wants to raise money (Rediff)
D E Shaw-The first great Quant hedge fund (NYMag)
Stock Market reversals can cause recessions too (TRB)
Never smooth enough-A modern addiction (Seth Godin)
Investment Management Vs Financial Advice (CS)
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Source: Aditya Birla Capital Research
(Disclosure: I am market making in the shares of Suryoday Bank)
Yesterday, Suryoday Bank organized an event to celebrates it’s one year of banking operations.
Deepak Parekh,Chairman of HDFC was the Chief Guest on the occasion.This is perhaps not so surprising since the HDFC Group is a substantial shareholder in the Bank.
In a scintillating speech,Deepak Parekh mentioned that in his 50 years of working life, he has never been more optimisitic on India than he is now.
He also mentioned that as an One Year old, Suryoday Bank has grown from a baby to a toddler.This is a time for tremendous growth but also love and care.
Looking forward to fun and exciting times with this baby !
Some stuff I am reading today morning:
Modi in Davos (Quint)
India’s burgeoning middle class (Mint)
Can disinvestment raise 1 Lakh Crores? (Fortune)
Indigo gets it’s mojo back (MC)
Hotel occupancies hit 9 year high (Rediff)
Interview with Porinju Veliyath (ET)
Insider trading in Panacea Biotec (Gaurav)
10 Best Sector Mutual Funds for 2018 (My Investment Ideas)
Why does momentum investing work? (PragCap)
Highest Gap above 200 DMA (Crossing Wall Street)