The IMF has lowered India’s full year GDP growth to 4.8% for the calendar year 2019. The International Monetary Fund has highlighted some very specific factors in the Indian context like the stress in the NBFC sector, weak growth in rural income, weak Read more [...]

It was a combination of stocks like TCS, RIL and Kotak Bank that pulled down the markets after results were lower than expectations. Kotak took a big hit as its gross NPAs crossed the 2.46% mark; 40 bps more than last year. There are some big expectations Read more [...]

Three heavyweights; HDFC Bank, RIL and TCS likely to drive the markets this week post results. While HDFC should be positive, TCS and RIL could be neutral to negative and that could set the tone for the market trajectory. The markets are expecting Read more [...]

News Announcement Impact Analysis Oil sector to react this week to RIL results and UBS oil report Oil stocks to react negatively to RIL’s lower GRMs but give thumbs-up for UBS upgrade of Oil and Gas stocks HDFC Bank likely Read more [...]

The markets did celebrate the Phase 1 of the trade deal but that did not last long as the concerns over growth came back to haunt Indian markets. Metals saw some correction on Thursday. Keep an eye on the pre budget expectations as the markets Read more [...]

The Securities and Exchange Board of India (SEBI) absolved the former head of NSE and 8 others in the co-location case. Two of the former CEOs of NSE had been indicted by the ED in the co-location case where NSE was alleged to have provided priority access Read more [...]

Brent crude prices eased further on Wednesday after the US Iran stand-off appeared to be mellowing down with neither side interested in an all-out confrontation. Oil can still hope for good news from a positive Phase 1 of the trade deal but the immediate Read more [...]

The stock markets were a tad cautious ahead of the trade deal between the US and China and the markets corrected after four consecutive days of rally in the market. Metals continued their rally on Chinese stimulus hopes. IndusInd Bank came under Read more [...]