With Trump announcing an imminent signing of the trade deal, the enthusiasm is likely to hold markets in the positive. This is likely to be specifically positive for the metals sector, which are contingent on Chinese demand pick-up. Indian markets Read more [...]

The NCLAT has rejected a petition filed by the Income Tax Department against the approval granted to Reliance Jio to hive off its fibre business. The Income Tax Department had claimed that this demerger of Reliance Jio into 2 units would result in loss Read more [...]

The Nifty and Sensex did not correct sharply but the undertone was surely weak after the ruling BJP ended up on the losing side in Jharkhand. For the ruling party, it marks the loss of one more state in the Hindi Belt. Much of the pressure on the Read more [...]

Markets closed lower on Monday, although the damage to the index overall was quite limited. The markets opened in the green but dipped into the red after the Jharkhand election outcome gave clear indications of the BJP losing power in the state. However, Read more [...]

The bullish sentiments continued during the week with the Nifty and the Sensex scaling new highs. HDFC became the third stock in India after RIL and TCS to touch the $100 billion market level. During the week, the market cap accretion in 8 out of the Read more [...]

Trigger for the Week How will it impact? Outcome of Jharkhand state elections on 23rd of January Exit polls are projecting majority for INC/JMM alliance; which could be a setback for the reforms process Brent Crude prices stay Read more [...]

A glut of AMC shares can depress valuations as scarcity vanishes When the UTI AMC filed the draft red herring prospectus (DRHP) for its IPO, it was already anticipated. Like in case of other AMCs, the IPO of UTI AMC will be structured as an offer-for-sale, Read more [...]

What exactly is driving the BSE Sensex to new highs in December? The economy may be under pressure but the Sensex continues to make new highs and get closer to 42,000 levels. If you are wondering about the logic behind this rally, here it is. Reforms Read more [...]