On Thursday, the Sensex lost nearly 250 points from the peak to close almost flat as the pressure of F&O expiry pushed the markets lower. Markets have also been a tad cautious ahead of the G-20 Summit. SEBI norms for pledged shares and mutual Read more [...]

The progress of the rainfall continues to be extremely tardy. The weak monsoon report for the week raises the spectre of slower growth. Indian monsoons were below average for the fourth week in succession with hardly any rainfall over the Central and Read more [...]

Focus largely shifts to the G-20 Summit over the week end wherein the leaders of the US and China will be meeting to resolve the trade dispute. Trump has hinted at a resolution and that is what the markets would be betting on. Oil prices rallied Read more [...]

To protect the interests of the tyre industry in India, India has decided to impose countervailing duties (CVD) on large radial tyres from China. Radian tyres have for long been afflicted by cheaper Chinese tyres and the government obliged the tyre industry Read more [...]

Ahead of Pompeo’s visit to India, the Commerce Minister has sounded a warning bell to the ecommerce players. According to a report in The Hindu, Commerce Minister Piyush Goyal, has dissuaded ecommerce giants like Flipkart and Amazon from offering steep Read more [...]

With the US imposing sanctions on the Iranian supreme leader, it takes the battle to a different level. With limited options in front of the US, they had no choice but to target individuals in the government for sanctions. Metal stocks came under Read more [...]

When the going gets tough, it is time for gold. That is surely playing out in global markets as gold climbed to a 6-year peak with geopolitical tensions leading to risk-off demand for gold. The gold prices rallied sharply and crossed the $1400/oz on Monday. Read more [...]

The coming week is likely to be volatile on the back of the forthcoming G-20 Summit as well as the F&O expiry during the week. Oil prices and Middle East tensions will also keep the markets volatile. FMCG stocks could come under pressure as Read more [...]