The Nifty settled at 10,325 levels after the credit policy announced a fairly dovish inflation and rate outlook as well as a robust growth outlook. However, the global trade outlook is still hazy with China threatening to retaliate on tariffs. While Read more [...]

Along expected lines the Monetary Policy maintained the status quo on repo rates at 6%. In addition, the RBI also guided lower CPI inflation at around 5.1% for the first half and 4.5% for the second half apart from higher growth guidance of around 7.4% Read more [...]

The sharp crack in the Nifty and the Sensex was accentuated by the Chinese announcement of retaliatory tariffs on over 106 items of US imports to the tune 25%. Markets across the globe went into panic mode. The markets are likely to be wary tomorrow Read more [...]

China struck back at the US imposing 25% tariffs on over 106 US import products ranging from pork to soybeans to cars and airplanes. This was in response to the US action to impose higher tariffs on Chinese imports to rectify the massive deficit of $375 Read more [...]

The Nifty and the Sensex bounced back on Tuesday and was ironically led by the same stocks that led the fall on Monday. However, the markets do not appear to be too convinced and this looks more like a dead cat bounce. Markets are likely to be Read more [...]

The 2 day meeting of the Monetary Policy Committee (MPC) will commence on 04th April and will culminate in the monetary policy on 05th April. While there is a virtual consensus on the status quo being maintained on repo rates, the markets will be interested Read more [...]