ALL EYES WILL BE ON THE GDP DATA

  • Achiievers

Even as the Nifty has held on to the 10,500 levels, despite the PNB fiasco taking its toll, the big story will be the GDP estimates for the fourth quarter. Any estimate that is 40-50 basis points higher than Q3 will be a big push for markets. Reliance
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As trading commences in the final week of February

  • Achiievers

As trading commences in the final week of February, the data points to watch will be the Q4 GDP estimates, the PMI numbers for manufacturing, and core sector data for January and the auto sales data. Additionally, the rupee movement will also be closely
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Weekly Capsule (Feb 19 – Feb 23) and Impact Analysis

  • Achiievers

News Announcement Impact Analysis Minutes of the MPC clearly hinted at caution in raising rates MPC expressed uncertainty over rate hikes post Fed action considering that IIP was just showing green shoots The vote was 5-1 in favour
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aftermath of the PNB fiasco over Nirav Modi

  • Achiievers

The Indian rupee tumbled to a 3-month low of Rs.65.03 on Thursday as the banking crisis led to a run on the INR. The situation worsened when importers rushed for cover after it became clear that the Fed rate hikes could begin as early as March and go
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RBI has come under criticism for its audit of PNB books

  • Achiievers

Even as the RBI has come under criticism for its audit of PNB books, the central banker has gone ahead and appointed a high powered committee under eminent tax expert, Y H Malegam, to look into the reasons and prevent such frauds in the future. The committee
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