Author Archives: Asmeet Shah

24 Jan 22, What a day!!

What a day!!! Nifty -2.86%Bank Nifty -1.97%Midcap -4.06%Small caps -4.78%Nifty 500 -3.26% Worst sectors: Real Estate -6.40% & then Metals -5.4%More

TCS Buy Back Calculations

TCS buyback calculations. But, I’ve seen messages from brokers offering clients margin funding to participate in this buyback. If this sees good uptake, the acceptance ratio will decline, perhaps significantly. Also, if the Premium becomes too high near the Record Date, probably more people will tender shares in buy back. Thus, acceptance ratio may decline.…More

COVID : The rise and fall in markets…

Lets go back to the start of the COVID crises; Businesses suffered huge losses People started losing their jobs Demand for everything dropped (low inflation) & The economy was at a standstill.What could have been done to revive the economy? As a central bank, the easiest way to ride through a crises of Low demand/inflation…More

IEX – Earnings Preview, Q1FY23 is crucial

IEX Reports earnings coming Monday (24th Jan) during market hours IMV, the results should be around ~100cr Evident from the below table, volumes and revenue do not have a linear relationship.This is cause IEX earns revenue from other avenues like RECs & Green Day Ahead etc. Q1FY23 is a crucial quarter for IEX. Phase 1…More

Sell off in Nasdaq

Dow is down 7% from the topNasdaq is down 15% Deep cuts. Brutal selloff #NASDAQ100, one year returns are down to just 2.5% This is despite Microsoft and Alphabet still being up 35-40% Selloff in the broader markets has been much more severe At 12% down this is the worst ever January for Nasdaq. 42%…More