Finance Minister must clarify on REIT Tax to give it a boost When the Budget 2020 shifted the onus of taxation from DDT to the investors, one of the big worry was for the REITs. As per the new rules, investors in REITs and INVITs will also have to pay Read more [...]

CPI inflation at 7.59% may compel RBI to change its stance CPI Inflation for the month of Jan-20 came in at a 68-month high of 7.59%. This was largely driven by food inflation but core inflation has also chipped in with its own contribution. That could Read more [...]

News Announcement Impact Analysis IIP growth for December 2019 came in lower at (-0.30%) The IIP once again turned into negative territory after briefly jumping into positive zone in November 2019 As expected, the negative turn in Read more [...]

As we had mentioned in the report on Thursday, the financials bore the brunt of the fall after the sharply higher inflation almost ruled out any repo rate cuts in the next two policies. Rising NPAs are also a worry in banks. Despite the steep valuations, Read more [...]

SEBI has launched a new surveillance system to prevent misuse of the shares of clients in the broking account. SEBI had observed in the Karvy case that client shares were pledged as collateral by the broker and that had caused untold hardships to clients Read more [...]

Indices are likely to come under pressure on Thursday as the weekly options expiry combined with the weak macro data could take its toll. Inflation came in higher at 7.59% while IIP growth came in lower at (-0.30%). Rate sensitive stocks like banks Read more [...]

CPI Inflation for Jan-20 came in still higher at 7.59%, representing a 5-year peak in inflation. The sharp spike in inflation was largely on account of 13.6% food inflation with vegetable inflation crossing the 50% mark. The spike in inflation almost Read more [...]

The Nifty and the Sensex showed a sharp bounce on Tuesday despite a disappointing performance by the NDA in the Delhi assembly elections. Markets had already factored in the risk after the exit polls were announced. There was a sharp rally in PSU Read more [...]