The Nifty bounce on Monday was not sustained as it corrected closer to the 10,300 levels on Tuesday. The Nifty has lost nearly 13% from its peak and now downsides appear to be open till the 9700 levels. The weak rupee should continue to be a big Read more [...]

The trigger was the JLR shutdown but auto and consumer stocks were weak across the board. The 47 point correction in the Nifty can be attributed to auto and consumer stocks. Tata Motors ended 13% down after Jaguar Land Rover (JLR) announced that it would Read more [...]

The Nifty bounce on Monday may be largely misleading as it was in the midst of a volatile day. The sectors like metals and banking are likely to stay under pressure on global slowdown concerns. With the RBI likely to impose additional maturity Read more [...]

It was a day of sharp gyrations on the Nifty as it recovered after a highly volatile day to close in positive territory. The realty and metal stocks came in for a sharp correction on Monday even as oil stocks showed a rebound. Banking showed positive Read more [...]

Nifty lost nearly 700 points and the Sensex lost close to 2200 points in the last week as oil prices and oil subsidies spooked the markets. The selling may continue although it could be a lot more tapered. The RBI decision to maintain status quo Read more [...]

It was a vertical fall for the indices and for the rupee during the last week. Nifty fell over 700 points and Sensex lost over 2200 points for the week. Markets were hit by the crisis at IL&FS, a weak rupee and the impact of the oil subsidy on downstream Read more [...]

Are we really getting too pessimistic about the market? It is hard to put your finger on any one factor that resulted in the sharp crack in the Nifty. The Sensex lost nearly 2000 point in a single week and shows no signs of stopping. It all began with Read more [...]

Is the sharp correction in OMCs a buying opportunity? If someone had spent the last two days of the previous week in Vipassana meditation, cut off from the world, they would be surprised to see the prices of OMCs. These stocks have just lost 25-30% in Read more [...]