ML: How did you come into this field?
SN: I started my career with Standard Chartered Bank, after passing out from IIM Ahmedabad. Then I was with Citibank for a few years. Till then, I was more like an interested onlooker in the stock market. I was not a regular investor. But in 1993, a head-hunter called and I got an opportunity to move to Hong Kong as an investment advisor for a fund...
As many as 16 stocks have been downgraded to B
Gainers
A range of decisions helped public sector banks face the tornado that hit Indian equity markets last fortnight. The cut of CRR by 250 basis points, raising interest on several categories of foreign deposits to attract foreign money and the positive outlook given by rating agencies helped Bank of India and Punjab National Bank rise 4%...
There were more losers than gainers amongst our momentum stocks. Nestle doubling its investment was the only good news in an otherwise bleak scenario.
Gainers
Among the momentum stocks, three of our A-grade stocks have fared well. Hero Honda, up 8%, remained the top performer during the fortnight. Hindustan Unilever went up 5%; Kohinoor Foods remained flat.
Losers
Among the worst...
