@indiainpixels@indiainpixels seeing you shoot your shot with @paulg , i'll take my shot with you. I've been trying to fit Indian cultural concepts into economic and political spectrum as below. Have been on a big break but looking to be back in, have dm'ed you a couple of ideas, lmk! π€
With government also having a claim to VIβs assets, it is unclear how much money banks might be able to recover.
Banks with a significant exposure to VI might remain under pressure till there is more clarity on this front.
Comparison of monthly Nifty returns and IPO issue size this year show that they have a strong negative correlation. As investors withdraw or donβt invest money in secondary market when they are subscribing to IPOs, markets tend to underperform.
I agree with @andymukherjee70 column on the telecom mess up to 90% though my personal view is that if the government did nationalise Vodafone, it would make as much of a mess of it as it did with BSNL, MTNL ...