Q2 GDP growth at 4.5% is the lowest level in the last 6 years The only good thing about the GDP growth of 4.5% for the September quarter was that the expectations were much lower. Most economists had pegged the second quarter GDP closer to 4.2% with Read more [...]

RIL crossing Rs.10 trillion market cap is significant in many ways During the week, Reliance Industries became the first even Indian company to scale market cap of Rs.1,00,000 crore and that was always on the cards. In fact, TCS is close behind and HDFC Read more [...]

Debt ETFs are a great idea but the big challenge will be indices The Securities and Exchange Board of India (SEBI) issued its draft norms for debt ETFs (exchange traded funds) on 29th November. This set the tone for the introduction of passive debt funds Read more [...]

News Announcement Impact Analysis Second quarter GDP growth came in at 4.5% and GVA growth at 4.3% The GDP growth was impacted by mere 2% growth in agriculture and a negative -1.1% growth in manufacturing This is the lowest GDP growth Read more [...]

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 [...]