Indigo Airlines has warned that its revenues for the March quarter and the full year could take a serious hit due to the impact of the Coronavirus pandemic. According to the airline, they had seen a 15-20% fall in daily bookings as people were trying Read more [...]

The Dow Jones and other indices hit lower circuit on Monday for the first time since 1997 as it cracked 7% on opening. The Dow closed over 2000 points lower on Monday, cracking close to 8% in a single day. The NASDAQ was also down by almost 7% as most Read more [...]

With the Dow and the Nifty close to entering bear territory, the focus will be on whether the Indian markets can also bounce like the US and other markets. SGX Nifty, however, is showing signs of tepidness. For the Indian economy, the benefits Read more [...]

The Dow Jones started trading on Tuesday nearly 1000 points but the pressures of an economic slowdown were too strong and the Dow had given up nearly 90% of its early gains. The big boost to the markets came after Trump urged the US Fed to be more aggressive Read more [...]

The big Yes Bank shocker will weigh on most of the heavy weights during the current week too. Markets will be uncertain till there is clarity on the road ahead for Yes Bank. Expect selling on every bounce in the market. With INR getting close to Read more [...]

With the combination of Coronavirus and the Yes Bank moratorium battering the Indian markets, six out of the top 10 stocks lose Rrs.95,432 crore in market capitalization during the week. Reliance lose Rs.37,144 crore in value during the week and has now Read more [...]

Trigger for the Week How will it impact? Global spread of the Coronavirus will be the key driver for the week Deaths outside China are at s350 and India has reported close to 40 cases. That will be the overhang Read more [...]

The hefty Fed rate cut may compel RBI to also follow suit Emergency rate cuts are nothing new for the US Fed. They did it three times in 2001 and another three times during the Lehmann crisis. After a gap of nearly 12 years, Fed again cut rates by 50 Read more [...]