After a sharp rally on Tuesday, it was a disappointing day for the Nifty and the Sensex as it corrected nearly 450 points from the peak. Autos and Pharma stocks took a major hit in trading on Wednesday. Oil has again closed at the psychological Read more [...]

Two months ahead of the onset of the South West Monsoon, there seems to be good news from the weather office. The Med department has predicted robust monsoon in 2019 subject to El Nino effect The IMD is predicting a very low probability of an El Nino Read more [...]

Despite slowdown fears in the global economy, Brent Crude prices hardened on Tuesday but faced resistance at $68/bbl and closed lower. While the price of Brent did manage to scale past the $68/bbl mark, it hit resistance at 68/bbl but still closed 94 Read more [...]

In line with the global cues, the markets bounced back smartly on Tuesday with the Sensex more than recovering the losses of Monday. The banking and financials continued to dominate the Nifty on the upside. Oil continues to be the big question Read more [...]

On a day when the Nikkei cracked by over 3%, the Nifty and the Sensex also felt the pain as the fears of a global economic slowdown came back to haunt the markets. There was selling across the board, especially in financials. The big story globally Read more [...]

Some question markets over high-value consumer demand in India. The latest Emerging Consumer Survey conducted by Credit Suisse saw India ranking top in consumer sentiments. However, most Indians are not optimistic about high-value items like homes, cars Read more [...]

After a sharp correction in the markets on Friday, the Indian markets could again face pressure as it closed below the psychological level of 11,500 on Friday. Asian cues have not been too encouraging and that is likely to rub off. After the US Read more [...]

The trade war may have received a new dimension as China has refused to ease curbs on tech firms, despite US demands. This announcement comes from China notwithstanding the fact that one more round of trade negotiations was just about to begin. China Read more [...]