Reliance Results in Graphs. I think this is the best way to view these things.
Revenues are up, Profits are down.
Posts Tagged ‘Charts’
2011: FIIs Sell, DIIs Buy
Last year has been quite about foreigners running out the door, while domestic institutions have been buying.
And if you want to see the scale, let's invert the FII figure and track them together:
FIIs sold over 26,000 cr. worth of cash securities, which is about $5 billion.
International Index Comparison: 2011
The Nifty was the worst of everything in 2011. I will not need to say anything after you see these:
And BRIC:
And just us in Asia:
Yes, we've all gone down this year, but the Nifty underperformed everyone else for most of the year. May 2012 be relatively less screwed up.
2011: The Market Snapshot
And to continue with the 2011InCharts theme, we have the market snapshot since the highs of 2008:
(Click for larger pic)
We're at a 16.75 P/E and near recent lows - and below both long-term moving averages. Sectors in 2011:
Rea; estate was destroyed by over half; infrastructure by 39%. Banks and Midcaps were down over 30%, and the only sector that looked good was FMCG, up 8.4%. A bad year for everyone except those selling soap and toothpaste!
NSE Volumes at a 5 year Low
With a turnover of just 5138 cr., December 26, 2011 has taken volumes to a (near) five year low.
(You have to ignore Diwali Mahurat trading days, the big upper circuit day in May 2009 and a few saturdays of test trading by the NSE)
The chart says it all. Markets are dying.
Chart Of The Day: Liquidity Of The Banking System
I spoke of the Marginal Standing Facility recently, and today we take a look at liquidity in terms of how much banks are borrowing from the RBI overnight:
Over the weekend the Repo requirement was 1.73 lakh crores, a very very high amount. (total deposits in the system are about 57 lakh crores, so this is 3% of that, which is quite high). RBI expects that repo be 1% of total deposits (called “Net Demand and Time Liabilities”) to be “comfortable”.
However, it is not uncommon for liquidity requirements to spike in December, since much of the money that is paid as advance tax sits in the Government account with RBI and needs to be spent to come back into the system. The current situation may just be temporary.
The MSF has been seeing offtake recently as well – as discussed, it is beyond repo as well. Announced one day after (unlike Repo/Rev Repo which are announced the same day), the MSF has reached nearly 10,000 cr. of borrowing.
Market Snapshot: 4% recovery from 2 yr lows
A quick post about how the markets have done over the last few days, in both reaching a two year low (lowest since August 2009) and then doing a 4% recovery over two days.
(Click to enlarge)
The slope of the 50 and 200 DMA are now down and it looks like the index is headed downwards. Strong technical support exists at 4,500 but nowadays strong is a relative word; news flow can be much stronger.
Chart Of The Day: Long Term Market Cap To GDP
Market Capitalization to GDP isn’t really a comparable figure, since one is a measure of wealth and the other dynamic measure of transactions in a year. Yet, it’s useful to see valuations in comparison with where they were earlier.
(GDP figures from RBI quarterly database, Marketcap from NSE/BSE)
We are at levels last seen in 2008, and earlier, in 2005. Note that in the earlier bubble – 1999-2000 – we were at less than 60% of GDP. Much of India Inc. has listed in the last decade, so it’s not very surprising. It does show though, that 60% is not uncharted territory.
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