Nifty started Monday more than 100 points in the positive but failed to sustain the gains as hints of the RBI paying $5.8 billion as a special dividend to the government again raised concerns over the government pressure on finances. Most PSU banks Read more [...]

There was some short covering on Friday on expectations that the trade deal could go through soon. But the worries over slowing Chinese growth still remain. The focus will continue to be on the domestic consumption plays. The market calls for caution Read more [...]

Nifty and Sensex showed a marginal bounce on Friday after a tough week as the indices reacted to the risk of a Chinese slowdown and the likelihood of a generous $35 billion farm rescue package. The advance/decline ratio was 2:1 on Friday, but IT remained Read more [...]

The government needs to urgently find ways to plug the GST gap For the month of November, the GST collections came in sharply lower at around Rs.92,000 crore. Barring April and October, GST collections never managed to touch the magic figure of Rs.1 Read more [...]

In the last one month we saw a sharp appreciation in the price of gold and the Yen. A 4% appreciation in these safe haven assets in a month is not regular. But more importantly, it is the mix of Yen and gold that is portentous. Gold crosses $1300/oz Read more [...]

In the last week, Jet defaulted on loans to banks in the midst of a major liquidity crisis. Out of its total debt burden of Rs.8500 crore, nearly 30% comes up for repayment in the next 1 year. That is where liquidity becomes so important. In a highly Read more [...]

News Announcement Impact Analysis Nifty and Sensex bounces on Friday after falling over 2.5% in the week Markets weakened on the back of weak economic data from China with metals being the major losers The proposed $35 billion farm Read more [...]

It was the second day of free fall in the indices. The Nifty and Sensex fall sharply on the multi-billion dollar farm relief package. Indices lost over 1% after there were reports of the government announcing an Rs.2.3 trillion farm revival package. The Read more [...]