SUMANSPEAKS | ESTD 2006 | CAPITAL MARKETS INTELLIGENCE JUNE 2025 | MACROECONOMICS & GLOBAL FINANCE SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 sumanspeaks.blogspot.com Macro Currents | Currency Architecture | Geopolitical Finance The Multipolar Currency Dream Meets Economic Reality Why the rupee's march to global trade currency status will be measured in decades, not headlines Much has been written about the emergence of a multipolar currency system and the gradual erosion of US dollar dominance. The narrative is undeniably seductive: greater monetary sovereignty, reduced exposure to American sanctions architecture, and a s...
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Showing posts from May, 2020
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Sumon Mukhopadhyay
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Tit - bits Photo : Angel Broking How are you all? Hope you are doing fine. The Covid - 19 catastrophe has brought wanton sufferings to the people world wide and it will take some time for the things to be back to normal once again. Remain safe and healthy. Anyway, when I'm writing this report, the Asian bourses were trading mixed, while SGX Nifty was seen at 9,060.50, up marginally by 25 points. Since some time the Nifty has been trading in 8800/9300 ranges, which somewhat gives us the support and resistance of the trading pattern of the Indices. The trends of the for the short, medium and long term remain bearish. Only a close above 9590 can take Nifty near the intermittent high of 9889, however there is more tendency to break 9000 and test 8800/8700/8420 ranges. Havijg said that I have taken a bullish view on Commodoties and the price action in 2008 and 2020 has lot of similarities. Stimulus package, unleashed worldwide ...
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Sumon Mukhopadhyay
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Tit - bits The Indian bourses witnesses mild bouts of volatility due to weekly F&O expiry, yesterday. The Sensex closed the day 114 points, or 0.37%, up at 30,932.90 while the Nifty finished with a gain of 40 points, or 0.44%, at 9,106.25. The markets have risen only due to the announcements of relief packages, world wide. However, the real situation is very bad, with the construction works virually coming to a standstill and retail outlets remaining closed. There are no expert orders, while the railways and government employees are draining out public funds by sitting at home and drawing up salaries. All these happened due to sudden implementation of Lockdown, by NaMo government -- another Tughlaq - ian move after Demonetisation. Never in the last 70 years, did India fare so badly, in most of the economic indicators. Today, I saw media headlines that Nepal has started to talk tough with India....😂😂 After Pakistan and ...
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Sumon Mukhopadhyay
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Tit - bits Photo : Motley Fool After a long hiatus I have decided to upload the blog again. In view of too much uncertainty regarding Covid - 19 epidemic and my preoccupation with other facters of life took me away from blogging. Anyway, the Indian bourses last week fell over 1%, primarily due to the resurgence of trade war between the US and China -- the latter vowing to retaliate the US actions and rising number of COVID-19 cases coupled by a hotch potch Rs.020 lakh crore stimulus package, which failed to cheer up the bulls. There is an old proverb: "Sell in May, and Go away". According to my analysis and understanding, the Indian markets are likely to witness intense selling pressure in the coming days due to a jump on Covid - 19 cases during the last few days. The Nifty will most likely break the supports at 9000/8700/8420. Since, the short, medium and long term indicators are showing more inclined towards the bears, the trader...
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Sumon Mukhopadhyay
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The Tale of a Democracy Headed by a wondering PM Even though Indian government has balkanized the country into colored zones, the dense fog of Mumbai's Lockdown - solitude lay bare in every chink and keyhole of the metropolis, beguiling the effect of an ongoing catastrophe and rallying around the argument that viruses are bereft of any nationality. The streets are blanketed by a smoke of calmness Photo : The Indian Express and defeaning silence; except, when they get punctuated by folks who had either dropped down from apartments or from nearby slums, and sallied out to buy essentials or when a separate peal of wheezing sound emanating from a speeding automobile, tears that tranquil canopy and reverberates against the closed shutters of shops. It seems the ghost of weather has sat in a mournful meditation on the threshold of life and death. Meanwhile, USA's economic and military prowess are proving inadequate to stave off the ruinous threa...
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WINNING STROKES: THINK DIFFERENT: Please STOP investing in companies by simply looking at their past quarterly/annual results. More quickly you do away with this BAD habit, the better it will be for your investment philosophy. Please remember a debt free company (zero liability) which is closed, has tremendous value, unlike what an Old Analyst from Bombay is trying to make us understand. How will the markets behave today?? This portion only to the Paid Groups.... My Mom (mother) is seriously ill (who is suffering from Cancer) and hence the services to the Free and Paid Groups might be affected in the days to come... Galada Power and Telecom Ltd, which was recommended yesterday to the Paid Group through an SMS and then to the Free Group, hit the upper circuits. The company has 4 acres of land in Uppal , whose current market price is around Rs.24--Rs.28 Cr. However, what is the latest development in the company?? This portion only for the Paid Groups. Sanguine Media Services Ltd hit ...
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Sumon Mukhopadhyay
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Turnaround Play? 3i Infotech Bets on ₹100-Crore Rights Issue to Power Growth. ~Sumon Mukhopadhyay. ------------------------------------ Introduction: Founded in 1993 and headquartered in Mumbai , 3i Infotech Limited is a global IT services provider with over three decades of expertise in digital transformation. With a workforce exceeding 4,300 professionals and a client base spanning India, North America, the Middle East & Africa (MEA), and Asia-Pacific (APAC) , the company operates across three strategic verticals: 🔹Infrastructure Services (cloud and cybersecurity), 🔹 Application-Automation-Analytics , and 🔹 Business Process Services . In FY25 , 3i Infotech posted consolidated revenues of ₹725.75 crore (India: ₹335.80 crore; US: ₹287.34 crore; MEA: ₹74.98 crore; APAC: ₹27.63 crore) and achieved a net profit of ₹25.3 crore , marking a significant turnaround from a ₹313.6 crore loss in FY24 . To reinforce this recovery, the company has proposed a ...