It was a day on which the price of Brent Crude shot up by 181 bps to $63.55/bbl on supply cuts by Saudi Arabia. After reporting 800,000 bpd lower in the month of January, Saudi Arabia had gone ahead and committed to further crude output cuts if required. Read more [...]

The overhang of domestic and global factors took the market down for the third consecutive day. The Sensex has now lost over 800 points in a span of just 3 trading sessions and the weakness continues to remain. All eyes will be on the US China Read more [...]

No prize for guessing; but retail inflation continues to trend lower. CPI inflation for the month of January 2019 comes in sharply lower at 2.05% as against 2.19% in December 2018. The CPI rate of 2.05% represented the lowest rate of inflation since June Read more [...]

The selling of Friday continued on Monday as the Sensex dropped 600 points in 2 days and the Nifty closed below the 10,900 levels. A market correction was driven by oil, banking, and auto stocks. The all-important trade talks between the US and Read more [...]

Global markets across Europe and Asia showed positive traction on BREXIT and trade resolution hopes. Opening after a gap of a week, China bounced by over 1% even as an uptick in Europe was driven by hopes that the BREXIT may be less disruptive. With the Read more [...]

The Rs.27,000 crore loss reported by Tata Motors took the stock markets sharply down. The markets also saw the overhang of global slowdown reality after the EU warned of slowing growth across the EU region. The ADAG fracas has not gone down well Read more [...]

During the previous week, the Nifty flattered but only to deceive as it closed below the psychological 11,000 mark. What is more is that nearly 16 stocks in the BSE-500 plunged by 60% in a single week. The Nifty had decisively crossed the 11,000 marks Read more [...]

The February monetary policy did spring a surprise. The general consensus in the market was that the RBI would shift its stance to neutral. However, the MPC went one step ahead. It not only shifted the stance to Neutral but also cut the repo rates by Read more [...]