Time to get after the stakeholders who precipitated the fall of IL&FS The Parliamentary Panel on the IL&FS fiasco has made some scathing remarks about the role of LIC in the IL&FS story as well as the role of the credit rating agencies. It Read more [...]

The devil of pledged shares actually lies in the details In the last few weeks, we have seen a number of large companies getting hit by the sale of pledged shares. This is not the first time it has happened and has been seen before too. But the magnitude Read more [...]

News Announcement Impact Analysis India imposes 200% import duties on goods imported from Pakistan This was a reaction to the ghastly terrorist attack on CRPF Jawans on 14th Feb in which 44 personnel were killed In the aftermath Read more [...]

A combination of high oil prices and global uncertainty took its toll on the Indian markets as the Nifty dipped below the 10,750 marks. The big losers in the market were the oil marketing companies. The issue of pledged shares remains the one big Read more [...]

Terrorism reared its ugly head once again in Kashmir after a long gap. A Fidayeen (suicide) Blast killed more than 40 CRPF personnel in Kashmir; with many more critically injured. This was one of the worst terrorist attacks in Kashmir since 2001 and could Read more [...]

The market overall saw a market cap depletion of Rs.337,000 crore in the last five days with most of the damage visible in auto, banks and metal stocks. The indecision over BREXIT and the trade war remains an overhang. With the recent case of Apollo Read more [...]

It was a day on which the price of Brent Crude shot up by 181 bps to $63.55/bbl on supply cuts by Saudi Arabia. After reporting 800,000 bpd lower in the month of January, Saudi Arabia had gone ahead and committed to further crude output cuts if required. Read more [...]

The overhang of domestic and global factors took the market down for the third consecutive day. The Sensex has now lost over 800 points in a span of just 3 trading sessions and the weakness continues to remain. All eyes will be on the US China Read more [...]