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On Eve Of 66 Yrs Of Independence We Stand At Rs. 66 Per $ Today


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[b] [size=5][url="http://www.firstpost.com/blogs/rupee-at-66-why-shorting-india-is-now-the-in-thing-for-hedge-funds-1063597.html"]Rupee at 66: Why ‘shorting India’ is the ‘in’ thing for hedge funds[/url][/size][/b]

[size=5]Hedge fund managers who typically frequent the same bars in upmarket areas of London, Hong Kong and Singapore greet each other with pleasantries that reflect their positions. One such pleasantry is “Short India” with beaming smiles that indicate a strong performance of their funds. Any fund manager not “Short India” is to be either excommunicated or sympathised with as that fund would be a severe underperformer.[/size]
[size=5]Not so long ago, the same fund managers were greeting each other with “Long India” pleasantries that indicated strong performance of their funds.[/size]
[size=5]Hedge funds have no loyalties and should not have any loyalties. Fund managers are paid for betting on the right trends and the more the leverage placed on a correct trend the more fees the fund manager gets paid. Obviously, fund managers betting on wrong trends lose assets.[/size]
[size=5][url="http://www.firstpost.com/wp-content/uploads/2013/08/Investors_AFP_lowres2.jpg"][img]http://www.firstpost.com/wp-content/uploads/2013/08/Investors_AFP_lowres2.jpg[/img][/url] [/size]
[size=5]AFP[/size]
[size=5] [/size]
[size=5]The right trend now globally is “Short India”.[/size]
[size=5]India has provided great returns to bears across assets. Sensex and Nifty are down 10 percent, the rupee is down over 18 percent while bond prices are down 10 percent from levels seen in April-May 2013. On a longer term basis, Sensex and Nifty and bond yields have almost stayed flat while the rupee is down over 45 percent against the USD.[/size]

Posted

[quote name='ManOnFire' timestamp='1377621040' post='1304170134']
}?. &J&
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Dentlo No. 1 ?

Rape ?, Economy ? , Politics ? , ..... ???? [img]http://lh3.ggpht.com/-iaOjlbCfNLI/UYa74Y0r4II/AAAAAAAAAUk/EGIJiKFu7AA/s150/PK.gif[/img]

Posted

[quote name='Betting Bangarraju' timestamp='1377625762' post='1304170634']
Dentlo No. 1 ?

Rape ?, Economy ? , Politics ? , ..... ???? [img]http://lh3.ggpht.com/-iaOjlbCfNLI/UYa74Y0r4II/AAAAAAAAAUk/EGIJiKFu7AA/s150/PK.gif[/img]
[/quote]


all the above }?.

Posted

[quote name='django' timestamp='1377625986' post='1304170655']


all the above }?.
[/quote]

Nuvvu Sallangundu....[img]http://lh3.ggpht.com/-iaOjlbCfNLI/UYa74Y0r4II/AAAAAAAAAUk/EGIJiKFu7AA/s150/PK.gif[/img]

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