News Announcement Impact Analysis Fiscal deficit spills by 50 bps on the upside for the next two fiscal years Budget has set fiscal deficit at 3.8% for FY19-20 and at 3.5% for the fiscal year 2020-21 Experts are concerned that even Read more [...]

The budget disappointed three of the largest constituencies of the market viz. banks, insurance companies and consumption stories. With no consumption incentives, the Sensex fell by close to 1000 points on Saturday. The overhang of the special Read more [...]

Union Budget 2020 disappointed the markets in many ways. The special trading session on Saturday ended with Nifty losing 300 points and the Sensex losing nearly 1000 points. The markets were disappointed by the fiscal deficit scaling up to 3.8%. But there Read more [...]

After a brief bounce, the markets were back to correction mode on Thursday with the Nifty closing just above the psychological 12,000 mark. It may be recollected that the Nifty had spent over a year trying to breach this mark on the upside. Budget Read more [...]

The Economic Survey 2020 will be released on Friday 31st January, a day ahead of the Union Budget announcement. Each year, the Economic Survey provides a review of the year gone by and the projections for the coming year and forms the basis for the key Read more [...]

After losing over 400 points, the Nifty did manage to recover but the undertone globally continues to remain weak. The virus has already caused over 150 deaths and the sanctions and advisories are now gradually increasing by the day. The big story Read more [...]

The virus pandemic in China saw a sharp acceleration with most of the large global airlines cutting down or totally cancelling flights to China. The death toll in the Virus Pandemic has already touched 150 and it is expected that over 20 nations are already Read more [...]

The worries over the Chinese Corona virus continued as the Nifty lost a little less than 400 points in the last 7 trading sessions. The concerns over the revenue / expenditure mismatch in the budget is also worrying markets. Most metal companies Read more [...]