On the positive side, the Nifty bounced on Thursday and Friday after 6 days of correction. The Nifty still closed the week below the 11,600 mark. The Nifty has been facing resistance on the back of a weakening rupee versus the dollar as well as tightening Read more [...]

Gadkari’s projections may be ambitious… When Nitin Gadkari painted his picture of the future of Indian auto, it looked exciting and also a tad ambitious. Gadkari expects Electric Vehicles (EV) to constitute 15% of Indian auto sector by 2023 and 100% Read more [...]

  They are almost all from the tech sector According to a recent study done by Price Waterhouse Coopers, the global market capitalization of the top 100 companies has increased by nearly $11.5 trillion in the last 9 years since the financial Read more [...]

Will 8% be the new normal for the Indian bond markets? During the last one week, the 10-year bond yields decisively settled above the 8% mark. After touching a high of 8.06%, the bond yields settled around the 8.03% mark. What is material is that 8% Read more [...]

News Announcement Impact Analysis The rupee tested the level of 72/$ for the first time during the week The worries over the trade deficit and the CAD took the INR to beyond the 72/$ mark on importer buying of dollars However, the Read more [...]

The bounce in the Nifty on Thursday was driven more by short covering and a bit of value buying in pharma stocks. Consumer stocks essentially continued to be under stress on broad valuation concerns. Pharma continues to be the sole sector to stand Read more [...]

Nifty bounced by 52 bps to 11,537 after 6 consecutive down days and provided some relief to the markets. Finally, it was the smart performance put up by Reliance industries that added heft to the Nifty and enabled it to close in positive territory. Apart Read more [...]

With the INR moving within a whisker of 72/$ before closing at 71.77/$, the stock markets saw a sense of panic and long and leveraged positions were getting unwound. The consumer sector was the worst hit in the market correction. The big question Read more [...]