Just yesterday, RBI announced the names of Systemically Important Banks of India. To put it simply, these are those banks whose failure will lead to catastrophic consequences for the country and its people, that is, us. This concept of Systemically Important Banks (or SIBs) gave me an interesting idea about our own personal finances. Now it may sound a little […]
PSU Banks are Losing Hell Lot of Money!! 1st Quarter Portfolio Update
Shares of PSU banks have been bleeding for some time now. And unfortunately, some time back I had created a portfolio for tracking PSU banking stocks for next 5 years. Though it has only been 3 months, the fact is that the news is not good. 🙁 The portfolio is down 11.90% compared to Nifty’s […]
Large Cap Nifty Stocks – Returns since our call in December 2011
Important: Don’t miss the last paragraph. When we wrote Large Cap Nifty Stocks available at deep discounts in December 2011, we were very excited to find a number of great companies available at very cheap prices. And since the world as well as Indian economy hadn’t fully recovered, it was really common sense that one […]
Large cap Nifty Stocks available at deep discounts
On 25thNovember 2011, Nifty closed at 4710 – A level 26% lower than highs of 2007-2008 and 2011. So does it mean that all 50 stocks that make the index are following a similar trend? Before answering this question, I would like you all to know that Nifty is made up of stocks of 50 […]
