Markets could be range bound between the Nifty levels of 12,000 and 12,300 till the time there is greater clarity on the Chinese pandemic. The stimulus and the manufacturer support should be in their favour. Oil could be the interesting commodity Read more [...]

Tata Steel is likely to hit capital expenditure to the tune of Rs.9000 crore during the current year FY20. The outlays are largely to expand steel capacity to tap the rising steel demand. Nearly Rs.1367 crore will be for India operations, including the Read more [...]

Trigger for the Week How will it impact? AGR ruling by the Supreme Court to be the big trigger for the week The ruling is likely to favour Bharti Airtel and is likely to be loaded against Vodafone Idea on funding concerns High Read more [...]

Supreme Court AGR ruling may have opened a Pandora’s Box On 14 Feb, the Supreme Court came down heavily on telecom companies and the DOT. As they rush to adhere to the SC judgment, it could open a Pandora’s Box for the Indian economy. What happened Read more [...]

Finance Minister must clarify on REIT Tax to give it a boost When the Budget 2020 shifted the onus of taxation from DDT to the investors, one of the big worry was for the REITs. As per the new rules, investors in REITs and INVITs will also have to pay Read more [...]

CPI inflation at 7.59% may compel RBI to change its stance CPI Inflation for the month of Jan-20 came in at a 68-month high of 7.59%. This was largely driven by food inflation but core inflation has also chipped in with its own contribution. That could Read more [...]

News Announcement Impact Analysis IIP growth for December 2019 came in lower at (-0.30%) The IIP once again turned into negative territory after briefly jumping into positive zone in November 2019 As expected, the negative turn in Read more [...]

As we had mentioned in the report on Thursday, the financials bore the brunt of the fall after the sharply higher inflation almost ruled out any repo rate cuts in the next two policies. Rising NPAs are also a worry in banks. Despite the steep valuations, Read more [...]