The election reverses were soon forgotten as the Nifty celebrated the appointment of Shaktikanta Das as the new RBI governor. Das is expected to adopt a more lenient approach towards banks, NBFCs and liquidity overall. Banks like Yes Bank, IndusInd Read more [...]

On a day when the Congress literally dominated the Hindi heartland of India, the stock markets almost appeared to be nonchalant as the Nifty crossed the 10,700 mark. Most stocks reacted positively to the combination of a decisive win in the three states Read more [...]

In a surprising day of trading, the Sensex closed nearly 200 points higher on a day when the RBI governor had resigned and the BJP had lose 3 of the key assembly seats of MP, Chhattisgarh and Rajasthan. The appointment of Shaktikanta Das as RBI Read more [...]

The assembly polls results may not have been great news for the ruling NDA. The BJP lost Rajasthan and Chhattisgarh by a wide margin and is still fighting to save its rule in Madhya Pradesh. The state of Telangana was a virtual no-contest with the TRS Read more [...]

If the SGX Nifty is any indication, we could see deep cuts. The sudden resignation of Dr. Urjit Patel is unlikely to go well with the markets. At the same time, the Nifty will also be influenced by how the assembly polls pan out. The NDF market Read more [...]

In a surprise move, the RBI Governor, Dr. Urjit Patel, submitted his resignation with immediately effect. Ironically, the decision comes exactly three days before the crucial meeting with the Finance Minister where the larger governance issues were to Read more [...]

Indian markets should worry about the inverted US Yield Curve In the last few months, Indian analysts and economists have spent a lot of time and ink worrying about the likely effects of a full-fledged trade war. Trade war is not even helping the US Read more [...]

OPEC is back to supply controls, but will it be effective The OPEC meeting on December 06th and 07th finally agreed upon the quantum of supply cuts. The total supply cut would be to the tune of 1.20 million bpd. Out of the cut, OPEC would contribute Read more [...]