June 29, 2016

This Article was Published in Market Express

Though the Nifty index comprises 50 stocks, the top 10 enjoys a lion’s share. In 2005, the top 10 constituted nearly 60% of the index (in terms of market capitalization) while in 2015 it comprised 48%. Obviously the...

June 19, 2016

This article was originally written for CFA Institute and was published in various newspapers including Gulf News and Arab Times

The GCC is witnessing a period of rapid transformation as oil prices, which were once at a cushy $100 per barrel, has fallen below $50 o...

June 5, 2016

Let us accept it. The topic of oil price discussion has come to a tiring point now. Every other debate or discussion is around oil price predictions, outlook for oil price and predicting the future of GCC oil economies. Three questions predominate the narrative:

  1. Is...

May 9, 2016

In our day-to-day work we come across several situations where we face severe conflict of interest. If we are in a situation faced with a conflict of interest, ethics demand that we disclose and move away from the situation that creates the conflict. However  if you ar...

April 17, 2016

This Article was Published in The National

The fall in oil prices has strained Arabian Gulf countries’ cur­rency policy, and increased the cost of carrying a US dollar peg.

Most GCC countries are pegged to the US dollar to avoid currency fluctuation and elimina...

March 3, 2016

The year 2015 marked one of the worst years for oil prices and resulting government revenues; the backbone on which most of the GCC economies ride.

Oil: When will this slide end?

With the oil price hovering around $35 per barrel the question remains as to how much longer...

February 22, 2016

Human psychology is a powerful force and spoiler, especially in investing. We tend to glorify our successes and ignore mistakes or best give it a passing reference in coffee tables. Stock market investing is treacherous and requires strategy and monitoring. Even if you...

December 29, 2015

2015 is nearly over and hence time for introspection. Sensex is down 6% for 2015. However, what can be of interest is that it is down 13% from its All Time High (ATH) which was 29,681 achieved on 29th January 2015.

ATH is simply defined as the historic high for a stock...

December 15, 2015

Does it pay to invest in companies that enjoy high market share? How to measure the effect of market share?

In the online media communications industry, Google has a market share of 40%. Tencent Holdings has a market share of only 7%. Both have created extraordinary wea...

November 26, 2015

In one of my previous post, I argued for the need to distinguish between good sectors and bad sectors in portfolio investment. However, in the Indian capital market context, the availability and popularity of sector indices/ETF’s is still developing making it difficult...