Trying to hear what's not being said
April 28, 2026 Leave a comment
A month ago (and other posts since) I have quipped that #Indian equities (along with its currency and bonds) were trading at ‘extremes’.
Here is a study showing the 2 moments when the #NIFTY has simultaneously traded at the lower extremes which I call an ‘oversold quinella’.
April 27, 2026
December 12, 2023 Leave a comment
A warning sign for those allocating money towards the Indian equity market….
Reprising a November 28, 2023 note where I allude to the stretched extreme of India’s equity market and in particular the SENSEX Index,
the study below updates the most recent percentage figure that the SENSEX is trading above its 200 week moving average.
While Indian equity markets have resembled an ‘investible’ market over the past decade, there are times when to tune into the peaks and troughs when deploying capital there.
It seems to be a dance between mean reversion and mean convergence.
Anecdotally, folks are expressing interest in Indian equities.
Inversely, the Chinese equity market hasn’t resembled anything close to being investible for more than 15 years.
December 12, 2023
by Rob Zdravevski
rob@karriasset.com.au
rob zdravevski's blog 