Midnight News Update – Jul 12th 2017   The UP government became the first state government in India to make a provision of Rs.36,000 crore for the farm waiver bill via debt redemption. This is roughly 10% of the total UP budget of Rs.384,000 Read more [...]

TVS Motor (573.45 closed at the NSE): Buy; stop-loss on closing price basis below 550. Target for the next 5 weeks 630 – 650.  Prior to that 600 would be a resistance point to watch out for. Immediately, the range between 571 and 564 would Read more [...]

TVS Motor (573.45 closed at the NSE): Buy; stop-loss on closing price basis below 550. Target for the next 5 weeks 630 – 650.  Prior to that 600 would be a resistance point to watch out for. Immediately, the range between 571 and 564 would Read more [...]

Analyst calls Are we missing the bigger picture; and this is happening globally? Over the last few quarters, we are increasingly seeing analysts being off the mark on quarterly earnings estimates. This is not only happening in India but also across Read more [...]

Weekly Capsule (Jul 03 – Jul 07) and Impact Analysis Major News Item Impact Analysis     Ø  Prime minister concludes a successful visit to Israel Ø  Mr. Modi is the first Indian prime minister to visit Israel without Read more [...]

 Midnight News Update – Jul 07th 2017   The minutes of the Federal Reserve showed clear signs of tightness as Fed members were getting increasingly worried about the slow pace of rate hikes. On Thursday there was a virtual bond price rout Read more [...]

 Midnight News Update – Jul 06th 2017   The MSEI decision to extend trading timings till 5 pm started with a bang but ended with a whimper. Obviously, with near zero volumes on most days, there was very little bargaining power or shock value Read more [...]