The US passing a House Bill supporting the protestors in Hong Kong and indicting China for human rights excesses has not gone down well with China. Global markets are worried that this could impact the trade deal. The all important GDP data would Read more [...]

It was a mixed day in the markets. The Indian markets closed in positive territory with the Nifty and the Sensex above their psychological levels. Reliance also became the first Indian company to scale the market cap of Rs.1 trillion. But the trade deal Read more [...]

After a brief correction, the Nifty and the Sensex managed to scale its psychological levels once again. The rally was driven by a mix of short covering and optimism over US-China trade deal likely in early January. GDP estimates are already coming Read more [...]

With the second quarter GDP announcement just a day away, the estimates are coming in the range of 4.2% to 4.7% for the second quarter. However, the economists and the analysts are now downgrading the growth prospects for the third and fourth quarters Read more [...]

Tuesday marked a day of new highs for the Nifty and the Sensex but also saw the markets giving up gains at higher levels. During the day, the Nifty scaled the 12,100 mark and the Sensex scaled 41,000 but failed to sustain above the levels. Despite the Read more [...]

The bulls led the markets higher on Monday after there appeared to be clarity on the global front. The trade deal showed genuine signs of progressing while the Conservatives appeared to have an edge in the UK elections All eyes will be on the GDP Read more [...]

Markets closed with a sharp rally on Monday with the Nifty settling above the 12,070 mark and the Sensex also at an all time high. The rally was largely driven by telecom stocks as well as heavyweights like Reliance and SBI. On the global front, there Read more [...]