With the elections announced and commencing in exactly a month, the markets may be preparing for a quick pre-election rally. At least, the FII buying appears to indicate confidence in the markets and that could take Nifty beyond 11,000. The weakness Read more [...]

The dates for the General Elections are finally out. The Election Commission announced poll schedule for 2019 General Elections on Sunday. The elections will be conducted in 7 phases starting on April 11th and ending on May 19th. Out of the 543 Lok Sabha Read more [...]

The FIIs are back with a vengeance into buying Indian equities Suddenly the FII buying appears to be back with a vengeance. In fact, since the third week of October, the FIIs have infused close to $3 billion into Indian equities. That is a sharp infusion Read more [...]

SEBI tightens the screws but it was long overdue The last board meeting of SEBI made two very far reaching changes for liquid funds. For long, liquid funds have been the preferring parking place for corporates to keep money for the short term. Not only Read more [...]

It is fair and justified that Arcelor Mittal gets Essar Steel The NCLT Ahmadabad bench has given its verdict on the Essar Steel case and it has gone in favor of Arcelor Mittal. Notwithstanding the fact that the Essar promoters were willing to pay a higher Read more [...]

News Announcement Impact Analysis Mutual funds see outflows of Rs.20,000 crore in the month of February Liquid funds saw the bulk of the outflows to the tune of Rs.24,509 crore during the month Income funds and balanced funds also Read more [...]

Weak cues from the global markets and weekend caution may pressure Indian markets on Friday. Most global markets were sharply down on Thursday and Asia is also under pressure on Friday early trades. The ECB decision to hold rates and also to ease Read more [...]

The European Central Bank has chosen to play it safe and stick to its dovish and cheap money policy. The ECB has rejected rate hikes and decided to infuse more cash into the system. For liquidity starved global markets, the good news could be that at Read more [...]