CPI Inflation for Jan-20 came in still higher at 7.59%, representing a 5-year peak in inflation. The sharp spike in inflation was largely on account of 13.6% food inflation with vegetable inflation crossing the 50% mark. The spike in inflation almost Read more [...]

The Nifty and the Sensex showed a sharp bounce on Tuesday despite a disappointing performance by the NDA in the Delhi assembly elections. Markets had already factored in the risk after the exit polls were announced. There was a sharp rally in PSU Read more [...]

The election outcome of Delhi was largely along the lines predicted by the majority of the exit polls. The Aam Aadmi Party (AAP) swept 62 out of the 70 seats in the Delhi assembly with the BJP taking the other 8 seats. For the second year in a row, the Read more [...]

The Nifty on Monday closed near to the 12,000 mark as the Chinese virus scare continued to hit the markets in a big way. Most of the auto and metal companies came under pressure on Monday. With weak auto numbers for January, the problems with the Read more [...]

Mutual funds flows for January 2020 turned in a positive show. The equity fund inflows were up by nearly 75% at Rs.7,877 crore while overall flows into mutual funds during the month was Rs.1.20 trillion taking the total average AUM of the Indian mutual Read more [...]

Mutual funds flows for January 2020 turned in a positive show. The equity fund inflows were up by nearly 75% at Rs.7,877 crore while overall flows into mutual funds during the month was Rs.1.20 trillion taking the total average AUM of the Indian mutual Read more [...]

There are lot of data points during the week with the CPI Inflation, IIP Growth and the WPI inflation data expected to be announced. In addition, most key PSU results are also expected. US macros including Fed testimony could be the key. Traders Read more [...]

The fine print of the budget had some more surprises in store. While employer contribution to CPF had been permitted in the new tax regime, the CBDT has put an upper limit of Rs.7.50 lakhs for employer contribution towards the long term retirement and Read more [...]