The markets initially fell on trade war fears but the bigger overhang appeared to be the IL&FS issue. With $12.5 billion of debt, the spill-over impact will be much bigger. Goldman Sachs downgrade of Indian equities saw most of the richly valued stocks Read more [...]

News Announcement Impact Analysis The IL&FS effect takes its toll on the markets during the week Mutual funds started offloading bonds of other NBFCs following the IL&FS fiasco IL&FS has borrowings to the tune of $12.5 Read more [...]

Overall, it is likely to make the capital markets a better place… In its board meeting last week, the capital market regulator, SEBI, made some significant announcements. The current SEBI chairperson, Mr. Tyagi, has been very particular about making Read more [...]

There may be few alternative options for the RBI When the RBI first hiked rates by 25 basis points in June most analysts accepted it as a one-off event. When it was repeated in August, it was seen as a front-ending for the full year. Now traders and Read more [...]

We just saw a brief display of what it could entail… When DSP Mutual Fund sold DHFL bonds on Wednesday at a yield of 11%, it represented one of the steepest discount sales in recent memory and the impact was obvious. Fearing payment troubles at DHFL, Read more [...]

Markets resume trading on Friday after a trading break on Thursday. The pressure is expected to continue and most long positions may choose to be a little wary ahead of the weekend. Use market bounces to play on the short side. Rupee did show some Read more [...]

Valuation worries hit companies across the board ranging from Bajaj Finance to Zee and IndusInd Bank. HDFC twins closed the day below the psychological 200 DMA mark. HDFC AMC and Reliance Nippon AMC lost heavily on lower TER worries. All markets were Read more [...]

After a bounce last week, the Nifty is back in sell mode. Nifty fell by (-99) points on Monday to 11,279 on PSU merger worries. A day after the merger of BOB, Dena Bank and Vijaya Bank, the banking stocks reacted negatively. The BOB stock was down more Read more [...]