The 1031 points crash in the Dow could rub off in the week on the Indian markets too. Being expiry week, there could be aggressive offloading in the next couple of days, something traders need to be wary about. Metals could continue to be under Read more [...]

It was a virtual Black Monday for world markets. The Dow Jones Index corrected by over 1,000 points with the Dow and the NASDAQ down over 3%. German DAX was down by over 4% while the Italian markets were down by close to 6% on Monday. Even the Kospi of Read more [...]

With a series of news events, the markets could be tentative. The Trump visit will be critical and the key data points during the week like the F&O expiry, the core sector numbers, auto numbers and GDP data will be closely watched. The sectors Read more [...]

Creditors of Reliance Communications are expected to meet on 24 February to vote on Reliance Jio’s bid for assets worth Rs.4700 crore. The meeting will also consider a bid received from UV Asset Reconstruction Company. UV has made a much higher bid Read more [...]

Trigger for the Week How will it impact? Government likely to announce telecom fund for AGR This is likely to be a positive yet revenue-neutral deal for telcos to borrow and pay up their AGR dues MPC minutes clearly hint at Read more [...]

Chinese Coronavirus magnifies the problems for Indian pharma An elaborate report by CNN had clearly brought out that Indian pharma industry could be the most vulnerable to the Chinese Coronavirus pandemic. It only magnified the already existing problems Read more [...]

Sharp fall in savings rate could have long term consequences In the midst of all the chatter about the Coronavirus, the impending Trump visit and rising inflation; most readers missed out an extremely important data point. India’s savings rate has Read more [...]

MPC minutes show a clear preference for inflation over growth The MPC minutes announced by the RBI on 20th February showed consensus among the 6 members about the need to go slow on rate cuts. MPC has shown a clear preference for inflation control over Read more [...]