NIFTY LOSES OVER 100 POINTS ON GLOBAL CUES

Posted on November 21, 2018 by Achiievers

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 [...]

RBI relaxation is likely to provide relief of Rs.35,000 crore

Posted on November 21, 2018 by Achiievers

RBI relaxation is likely to provide relief of Rs.35,000 crore to the government of India. In the meeting with the finance ministry on 19th November, the RBI decided to defer the full implementation of the “Capital Conservation Buffer” prescribed under Read more [...]

NIFTY CLOSES ABOVE THE 10,760 MARK

Posted on November 20, 2018 by Achiievers

Along with expected lines the Nifty closed in positive territory on hopes that the RBI/government differences would get sorted out. The meeting was largely productive and the markets should celebrate tomorrow. The outcome of the board meeting is Read more [...]

marathon meeting between the RBI and the Finance Ministry

Posted on November 20, 2018 by Achiievers

The marathon meeting between the RBI and the Finance Ministry lasted for over 9 hours and the good news for the market was that the meeting ended on a cordial note. The RBI has now agreed to make more finance available to NBFCs to address the liquidity Read more [...]

NIFTY INCHES CLOSER TO THE 10,700 MARK

Posted on November 19, 2018 by Achiievers

The positive tidings in the market sustained as the crude prices stayed weak and the exports showed some real push, although the trade deficit also rose. Markets were also positive on hopes of the trade war getting sorted out. All eyes will be Read more [...]

RBI was a net seller in dollars to the tune of $18.66 billion

Posted on November 19, 2018 by Achiievers

The all-important board meeting of the RBI has slated on Monday 19th November. Autonomy of the RBI has been a major bone of contention and two decision points will be keenly awaited. The RBI has been asked by the government to loosen up credit purse strings Read more [...]

Binani Cements

Posted on November 17, 2018 by Achiievers

Dalmia Bharat makes it complicated but also significant Among the various companies under resolution at the NCLT, the case of Binani Cements has been one of the most complicated. It has not only raised some serious questions about the role of the Committee Read more [...]

Rupee Recovers

Posted on November 17, 2018 by Achiievers

The question is whether the worst is finally over for the INR The last few weeks have been positive for the Indian rupee which recovered from an intraday low of Rs.75/$ to a six-week high of Rs.71.95/$. The rupee has shown tremendous strength on the Read more [...]

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Author: Achiievers