I have always been interested by sectoral analysis-wherein a company’s stock price moves in tandem with the sector/theme.
The sheer variety of stocks in India makes it possible to investigate themes/sectors which just have 2/3 names in it.
Take for instance, petroleum coke stocks.As shown in the table below, they appear to be tanking year to date (YTD).
| Symbol | Close on 31 Dec,2012 | Close on 17 July,2013 | Loss |
| GOACARBON | 92.55 | 61.05 | -34.04% |
| RAINCOM | 39.6 | 34.05 | -14.02% |
[gview file=”https://alphaideas.in/wp-content/uploads/2013/07/WebPPT-Q1FY14.pdf”]
Source:BlackRock
Some stuff I am reading today morning:
Namo Rs 5 gambit could be a winner (Firstpost)
FIIs plan to stay out of Rs40000 Crores PSU disinvestment (ET)
At Rs50000 Crore, Arcelor Mittal is India’s biggest FDI pullout (FE)
Reliance Retail hopes to prove modern retail is profitable in India (Mint)
Realty, gold soak up two thirds of household savings (BS)
Mumbai’s diamond hub loses its crown (MumbaiMirror)
Liquid Funds NAV falls (CapitalMind)
Guy that sells fake Twitter accounts makes big bucks (BI)
Sell signal from key market indicator (MarketWatch)
Blinded by correlations (CapitalSpectator)