The big bull rally on Friday is likely to continue into Monday as the short covering could take the markets still higher. We expect the short covering in auto and banking stocks to continue with the positive sentiments in FMCG stocks. Oil prices Read more [...]

In the aftermath of the debt funds fiasco last year, SEBI announced stringent liquidity norms for liquid mutual funds. In a bid to make liquid funds safer, SEBI has now mandated that liquid funds must hold at least 20% of their assets in liquid form and Read more [...]

Fiscal impact of tax cuts may be big; but it will be worth the risk As the optimism around the tax cuts gives way to more reasonable analysis, it is time to evaluate the impact of the tax announcements on the fiscal deficit. Any tax cut is revenue foregone Read more [...]

FPIs now have a tax advantage over domestic investors on F&O As part of the tax rationalization for investors, the Finance Minister clarified on the buyback tax. The tax will not be applicable to companies that had announced buyback offers prior Read more [...]

A combination of corporate tax cuts and GST cuts give a big push The FM’s press conference from Goa, ahead of the GST Council meet, was like a path-breaking budget in itself. Here is how tax cuts dominated on Friday Corporate tax cuts The Finance Read more [...]

News Announcement Impact Analysis Finance Minister announces cut in corporate tax rates to 22% This will be the new formula that all corporates can opt for but they will have to forfeit all rebates and exemptions This formula will Read more [...]

The US markets reacted very tepidly to the Fed rate cut after the voting at 7:3 did not appear to be too convincing. Also the Fed did not provide any trajectory of future rate cuts and that left the markets disappointed. Banks and financials may Read more [...]

Fed cut the rates by 25 basis points but Wall Street was far from impressed. Nifty and Sensex bounced higher but Wall Street ended flat on Fed rate cut. The Federal Reserve cut the US Fed rates by another 25 bps resulting in an overall cut of 50 bps in Read more [...]