The Nifty bounced 200 points in 2 days even as the Sensex was up by 600 points in 2 trading sessions. There was across the board buying in banks, autos and metals, with IT the only sector on the losing side. Indian markets have ignored the negative Read more [...]

Even as Trump threatened with rollback of preferential treatment, Nomura has downplayed its impact. According to a note put out by Nomura, the US decision to withdraw the Preferred Tariff status to India will impact $5.7 billion of exports on paper, but Read more [...]

The SGX Nifty on Monday came under pressure due to Trump’s decision to withdraw the special status to Indian imports. This is likely to impact Indian exports to the tune of $5.7 billion and is likely to negatively impact markets. According to Read more [...]

There was a sense of optimism in global markets on hopes that the US and China may be really close to a trade deal. Analysts are now positive on a trade deal between the US and China happening as early as this month itself. The US will roll back its higher Read more [...]

There was disappointment in the quarterly GDP numbers announced on 28th Feb. India’s annualized GDP growth for December quarter came in at 6.6%, sharply lower than the consensus estimates of 6.9%. Economists are of the view that the data was indicative Read more [...]

The border tensions escalated on Tuesday with Pakistan violating Indian airspace. While the IAF shot down an F-16 aircraft, it also lost a MIG in the process. The pressure on the markets could also continue on the back of higher crude. US crude Read more [...]

There may be fresh trouble brewing for Anil Ambani after banks opposed RCOM’s proposal to compensate Ericsson out of tax refunds. RCOM proposes to pay nearly Rs.260 crore out of the outstanding Rs.450 crore payable to Ericsson from tax refunds. SBI Read more [...]

The SGX Nifty on Monday came under pressure due to Trump’s decision to withdraw the special status to Indian imports. This is likely to impact Indian exports to the tune of $5.7 billion and is likely to negatively impact markets. According to Read more [...]