Page 5 - Debashis Basu

Perhaps it is time for India to introduce tort law and punitive damages

Those who cause bodily harm, property damage, or financial loss to others on their premises or due to their operations should be liable in law to provide financial compensation to the victim

Adani saga: The elephant in the room

The Adani group stocks don't need to keep going down and hit Hindenburg's estimate of fair value

Adani saga: Easy come, easy go

The story of "sudden volatility" isn't so sudden and starts in mid-2020, except that it was upward volatility then

The real gainers from F&O 'casino'

Whether they make or lose money, traders have to incur transaction costs, including brokerage, exchange fees, turnover fees, and securities transaction tax, etc.

Lessons from the biggest multibaggers

While banks are paying you 6-7 per cent per annum, every few years a handful of stocks can go up 100 per cent or more. Over 10 years some stocks can go up manifold

Pitfalls in second-guessing markets

The crystal ball can never anticipate all big events that move the market, and impact economies and countries. And yet, we have an insatiable desire to lap up forecasts

Bad loans & IBC: Going as expected

Indeed, the IBC has only proven how wide and deep corrupt banking practices in PSBs were

Finfluencers: Sebi's lost battle

The size, activity, and influence of these people have become so large that Sebi's onerous regulations for registered advisors look hopelessly ineffective, and those who follow them feel like losers

The FTX fraud and first principles

FTX, which was valued at $32 billion a few months ago and funded by the finest names of the global financial markets, suddenly declared bankruptcy on November 11

The stealth bull market

With the benefit of hindsight, India's stealth bull market is underpinned by some strong positives. The most important of these is earnings growth across different sectors

MF investments in loss-making tech stocks

Zomato, Delhivery, Nykaa, CarTrade-there is no chance of these companies making enough money to justify their lofty valuations. Why are mutual funds then putting investors' money at risk?

Tweaking IPO rules won't stop mispricing

Sebi has announced "stricter information disclosures" in an effort to bring down the "information asymmetry" between issuers and investors

Decoupling theory again

Our idea of Indian outperformance comes from comparing the S&P500, which is a dollar-denominated index, to the Nifty or Sensex, which are rupee-denominated indices

Time to change Sebi rules on advice

If you read Sebi regulations on investment advice, retail algos are illegal products

Rakesh Jhunjhunwala: A perspective

In fact, Rakesh's achievement was greater than that of Mr Simons, a mathematical genius who has a team of super-bright mathematicians and physicists to develop quantitative techniques

Regulating investment advice: Fintech vs Sebi

How do fintech firms deal with the physical process that Sebi demands? They can't

An old, new bull market?

Rising inflation, rising interest rates, and slow growth together act as a cold wet blanket on the stock market

'Rational man' regulation: A farce

People who circle junkyards for matching hubcaps will buy mutual funds without reading the prospectus

Listed firms can't act like start-ups

Start-ups don't care that mad-money funding comes to a hard stop after an IPO

Inflation: Looking beyond forecasts

It may be worthwhile to pay attention to what the markets are telling us, as they did during the pandemic, rather than rely on consensus forecasts