The upcoming RBI monetary policy meeting on April 04th and 05th is likely to maintain status quo on repo rates; at least that is what the market consensus is at this point of time. With hardening global crude prices and the potential for food prices to Read more [...]

The Nifty maintained its momentum ahead of the year end expiry with most mutual funds trying to keep their closing NAVS at attractive levels. Markets are likely to expire around these levels of 10,150-10,200 The sharp fall in bond yields on Tuesday Read more [...]

At a time when most of the brokerage houses continue to sing paeans for ICICI Bank, there is a lone voice of dissent in the form of Gautam Chugani of Alliance Bernstein. In fact, Bernstein has a price of target of Rs.220 on ICICI Bank which is nearly Read more [...]

The Monday bounce of over 470 points on the Sensex and 125 points on the Nifty was largely led by short covering ahead of the F&O settlement this week and a truncated banking and trading week. Be caution at higher levels. It may be premature Read more [...]

The Indian government has lined up a massive Rs.288,000 crore borrowing program for the first half of 2018-19. This is not only lower than the original estimate but is also likely to be of a lower duration. The Finance Ministry official met bond traders Read more [...]

Indian farmers could lose nearly Rs.14,500 crore this Rabi season due to low prices. On an average most crops were being sold at Rs.200 to Rs.600 below the Minimum Support Price (MSP) fixed by the government. This is the immediate assessment based on Read more [...]

News Announcement Impact Analysis US Fed hiked rates by 25 basis points along expected lines in its March meet This was the first policy announcement by Jerome Powell and the big triggers were jobs data and inflation Fed has projected Read more [...]

It was a disappointing opening day for the Nifty as it dipped below the support level of 10,141 and closed below the 10,100 mark. A fall below 10,000 opens further downside risks for the Nifty. A lot would hinge on the Confidence motion to be passed Read more [...]