It was a difficult day in the equity markets. The Nifty and Sensex lose over 1% on China PMI contraction worries. China’s manufacturing PMI falling below the 50 mark signalling contraction in output. There was a negative advance/decline ratio of 9:41 Read more [...]

The Nifty was up by 47 points and the Sensex was up by 186 points on a day when the Nifty closed above 10,900 and the A/D ratio was favourable. We maintain our first Nifty target of 11,000 being breached in January. The RBI has been making the Read more [...]

The year began with positive gains for the Nifty and Sensex. Both the indices ended in positive territory on the first day of the New Year. Nifty gained over 47 points and the Sensex gained nearly 186 points on the first day of the New Year. There was Read more [...]

Nifty closed almost flat on the last day of the year with annual returns on the index of about 4%. This may not look too impressive but it really good considering the -16% returns for the US markets and -13% for Germany DAX. The weak core sector Read more [...]

Core sector growth for the month of November 2018 came in at a 16-month low of 3.5% after reporting 4.8% growth in the previous month. The core sector growth is the collective average of 8 key infrastructure sectors are considered to be critical because Read more [...]

There was a mix of short covering and measured institutional support on Friday as Nifty again showed strength to close above the 10,850 mark. The markets may face its first signs of resistance only around the 11,000 mark. The government decision Read more [...]

The RBI extended the single window enhanced borrowing limit facility for NBFCs till 31st March of 2019. The limit for NBFCS had also been enhanced from 10% to 15% of capital funds in October immediately after the NBFC liquidity crisis that cropped up Read more [...]

What are the sectoral cues to watch out for in 2019? We have always heard the quip that the Indian consumption story is largely intact and should drive the markets. Year 2019 could actually see the consumer sector outperforming the other sectors by a Read more [...]