How much lower could crude go from current levels? As the OPEC meets in Vienna on the sixth of December, the big item on the agenda would be the falling price of crude oil. In the last 2 months the price of Brent has cracked from $86/bbl to $58/bbl; Read more [...]

What explains the sharp reduction in a number of brokers? Between September 2013 when the big bull market started and September 2018, it has been a time when the Nifty successfully scaled the 11,000 marks and the Sensex got closer to the 38,000 marks. Read more [...]

The RBI may hold the repo rates till March 2019 according to a report put out by Singapore based DBS Bank. The RBI had raised repo rates in two tranches in June and August policy meets but had chosen to maintain status quo in October. According to DBS, Read more [...]

Markets resume trading on Monday after a gap of 3 days and the immediate trigger will be the F&O expiry this Thursday. This is likely to keep the overall markets slightly volatile, especially banks, autos, and NBFCs. All eyes will be on the Read more [...]

FMCG stocks have shown a recovery from the lows of October although they are still 9% below the highs seen in August. The rise in the FMCG index is largely driven by a fall in input costs as the price of oil has again retreated from $86/bbl to a low of Read more [...]

It was largely weak cues in global markets that led the Nifty to close exactly at the 10,600 mark. Traders were cautious ahead of 2 clearing holidays this week and FIIs were also cautious which was evident from the cash market selling. As we had Read more [...]

On a trading day when banking and clearing operations were largely shut, the Nifty fell below the 10,600 marks. Even the Sensex lost over 250 points as the markets were a little jittery over the sharp fall in crude prices as an indicator of a global slowdown. Read more [...]

Weak cues from global markets led the Nifty sharply down by over 100 points on Wednesday. The Moody’s warning that PSU banks could get downgraded also worked against the market overall. The US markets saw a virtual carnage as tech stocks crashed Read more [...]