Categories
Linkfest:Sept 05,2013
Some stuff I am reading today morning:
Vinod Khosla:India is the best destination for investors (ET)
Statement by Raghram Rajan on taking office (RBI)
The message Raghuram Rajan delivered (Mint)
Rajan brings global stature to RBI (Bloomberg)
This is not your father’s emerging market crisis (Financialist)
Emerging Asia rout start of a multi year bear market? (MoneyControl)
The limits of fundamental analysis (CrossingWallStreet)
The goodfellas of Wall Street (DailyReckoning)
The overhyped rise of stay-at-home dads (Atlantic)
The Tech trade of the decade (DailyReckoning)
Common Sense Investment Management Founder busted (Dealbreaker)
Categories
India’s welcome to new RBI Governor
Hat Tip Harsha Prakash
Yesterday, the Nifty collapsed by around 4%.
The sector which was hit the hardest were private banks as can be seen from the table below:
| Symbol | Close on 2 Sept,2013 | Close on 3 Sept,2013 | Loss |
| YESBANK | 252.95 | 229.1 | -9.43% |
| AXISBANK | 864.3 | 782.85 | -9.42% |
| INDUSINDBK | 381.05 | 348.4 | -8.57% |
| FEDERALBNK | 248.05 | 230.1 | -7.24% |
| ICICIBANK | 826.6 | 783.55 | -5.21% |
| HDFCBANK | 589.5 | 562.55 | -4.57% |
| INGVYSYABK | 429.35 | 410.25 | -4.45% |
| KOTAKBANK | 627 | 600.65 | -4.20% |
| KARURVYSYA | 310.45 | 300.45 | -3.22% |
| DCB | 42.2 | 41 | -2.84% |
| KTKBANK | 78.9 | 77.05 | -2.34% |
| J&KBANK | 1080.5 | 1055.25 | -2.34% |
| SOUTHBANK | 19.75 | 19.3 | -2.28% |
| CUB | 39.85 | 39 | -2.13% |
| LAKSHVILAS | 61.55 | 60.95 | -0.97% |
| DHANBANK | 30.15 | 30 | -0.50% |