On Wednesday, the Nifty managed a bounce ahead of trading holiday on short covering. The Hang Seng and the SET were up by over 2% while Jakarta and the Shanghai Composite were up by over 1% on Thursday. SGX Nifty has shown positive trend on hopes of a Read more [...]

Tuesday almost looked like a repeat performance of the Nifty as it again fell by another 151 points on to 11,288 on global concerns. In fact, the Sensex has already lost 1000 points in just two sessions of trade. The worsening trade war situation and Read more [...]

The Nifty corrected over 150 points on Monday as the weak rupee at around 72.5/$ dragged the markets lower. Bond yields sharply higher at 8.16% also spooked the markets with the likelihood of a rate cut. Watch out for the RBI action points today. Read more [...]

It was a day of sharp correction in the Nifty as it cracked sharply by 151 points to 11,438 on rupee worries. Sensex was down by over 400 points. The Nifty fell sharply on Monday on the back of currency worries after the rupee crossed 72.5/$ in intraday Read more [...]

The Nifty finally showed some strength on Thursday and Friday after correcting for 6 days in succession. A lot will now depend on how the rupee and the bond yields behave and some stability at these levels should help. The positive for the markets Read more [...]

On the positive side, the Nifty bounced on Thursday and Friday after 6 days of correction. The Nifty still closed the week below the 11,600 mark. The Nifty has been facing resistance on the back of a weakening rupee versus the dollar as well as tightening Read more [...]

Gadkari’s projections may be ambitious… When Nitin Gadkari painted his picture of the future of Indian auto, it looked exciting and also a tad ambitious. Gadkari expects Electric Vehicles (EV) to constitute 15% of Indian auto sector by 2023 and 100% Read more [...]

  They are almost all from the tech sector According to a recent study done by Price Waterhouse Coopers, the global market capitalization of the top 100 companies has increased by nearly $11.5 trillion in the last 9 years since the financial Read more [...]