The Nifty did manage a late recovery on Thursday although it was still in negative territory as the rupee weakening to around 70.85/$ spooked the equity markets. Being the last day of the week, markets are likely to be under pressure. The big story Read more [...]

The Nifty corrected close to half a percentage point on Wednesday after the rupee showed signs of weakness. Stocks like Reliance Industries, that had led the rally, saw a sharp correction. Expect pressure on markets at higher levels. Even as Brent Read more [...]

Finally, some sanity returned to the Nifty on Wednesday. Nifty corrected 40 basis points on Wednesday to close at a level of 11,692. Even as oil counters like ONGC and GAIL were among the top gainers during the day, some of the leaders of the recent rally Read more [...]

The Nifty showed strength even as the INR showed signs of stabilizing at around the 70/$ mark. Metal stocks led the rally on Tuesday even as Reliance and Maruti added a lot of heft to the market. With the Brent crude prices getting close to $77/bbl, Read more [...]

The Nifty closed within striking distance of the 11,700 mark on Monday as a mix of short covering across counters took the markets up sharply. Metals and power were the gainers as a tempered Fed statement helped sentiments. With the Turkish Lira Read more [...]

It was a day of all-time high for the Nifty as it closed 1.17% higher at a record level of 11,691 on Monday The rally was almost across the board with stocks ranging from Hindalco to Bharti to Power Grid and private banks keep the Nifty aloft. There was Read more [...]

The week is likely to see a higher degree of volatility domestic and FII positions reacting to the hawkish noises coming out of the Central Bankers’ meet at Jackson Hole. Markets could react negatively to Fed cues. Indian banking stocks could Read more [...]

The banks have had a long weekend and may have a big task when they come back on Monday. Banks face an Rs.3.80 trillion deadline on 27th August for NPAS, mostly from the power sector. This is the total amount of NPAs involved in the 70 stressed accounts Read more [...]