The Nifty maintained its upside momentum on Monday settling over the 10,500 mark as short covering continued in the market. Pharma stocks and some IT stocks benefited from the weak rupee. The INR continued to be under pressure as oil prices rallied Read more [...]

The Nifty and Sensex did not show any fireworks as the Nifty ended 40 points up, above the 10,500 mark. The market was helped by short covering with pharma stocks and Infosys driving markets higher. Auto and consumer stocks were under pressure. The immediate Read more [...]

Mutual funds prepare for the shock of institutional flows The month of September alone saw MF redemptions to the tune of Rs.3.14 trillion. That the redemption was carried out without too much of hiccups was a matter of satisfaction. But that raises a Read more [...]

Friday was the day of normalization with the Nifty, rupee and the bond yields showing return to stability. The Nifty bounced by over 237 points on Friday on the back of short covering support from traders. The markets also go some boost from the RBI promising Read more [...]

The sharp bounce on Friday may be largely misleading considering that the situation on the geopolitical front appears to be worsening after the US threatened sanctions on Saudi Arabia. This could alter the equations in the Middle East. The rupee Read more [...]

On October 11th, the Nifty effectively erased all the gains since the beginning of 2018. Nifty cracked by nearly 235 points as US treasury yields, Italian bond crisis and a China slowdown combined to spook the markets. The Sensex has lost 5000 points Read more [...]

After the deceptive bounce on Wednesday, Thursday saw the Nifty again going into losses in a big way. This time it was all about global cues as US Treasury yields and Italian bonds came back to haunt the global markets. The weak rupee continues Read more [...]

The Nifty bounced back on the SBI support for NBFCs, but global markets have taken deep cuts on Thursday. Rate-sensitive sectors like banks, NBFCs, automobiles and really drove the market higher on Wednesday. The Nifty rallied by close to 160 points on Read more [...]