Nifty and Sensex got a positive boost

  • Achiievers

For the third day in a row, the Nifty and Sensex got a positive boost. FII selling tapered on Monday and that improved sentiments. Nifty ended 72 points up above the 10,580 mark on oil push. Oil pushed the markets higher as Brent crude fell below the...

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NIFTY MAINTAINS MOMENTUM ON THE UPSIDE

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The Nifty maintained its upside momentum on Monday settling over the 10,500 mark as short covering continued in the market. Pharma stocks and some IT stocks benefited from the weak rupee. The INR continued to be under pressure as oil prices rallied...

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Nifty and Sensex did not show any fireworks

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The Nifty and Sensex did not show any fireworks as the Nifty ended 40 points up, above the 10,500 mark. The market was helped by short covering with pharma stocks and Infosys driving markets higher. Auto and consumer stocks were under pressure. The immediate...

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the day of normalization with the Nifty

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Friday was the day of normalization with the Nifty, rupee and the bond yields showing return to stability. The Nifty bounced by over 237 points on Friday on the back of short covering support from traders. The markets also go some boost from the RBI promising...

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MF redemptions

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Mutual funds prepare for the shock of institutional flows The month of September alone saw MF redemptions to the tune of Rs.3.14 trillion. That the redemption was carried out without too much of hiccups was a matter of satisfaction. But that raises a...

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RBI Intervention

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Why dollar forwards are gaining popularity at the RBI How does the RBI intervene to defend the rupee when it is crashing? For a long time, the only strategy was to sell dollars. In the last few years, the RBI is increasingly relying on rupee forwards...

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Inflation & Growth

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Inflation under control, but IIP growth remains the challenge During the week, the MOSPI announced two important data points. Inflation came in at 3.77% marginally higher than the 3.69% announced in the month of August. IIP growth, on the other hand,...

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Weekly Capsule (Oct 08 – Oct 12) and Impact Analysis

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News Announcement Impact Analysis IL&FS Board calls for a full audit of all group companies It has emerged that the actual subsidiaries and group companies may be closer to 350 rather than 150 The balance sheet of the company...

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