After a 6-day rally in the stock markets, one can expect some profit booking on Friday considering that the next week will also be the festival week for the Indian markets. Longs are likely to cover ahead of festive season. We continued to stay Read more [...]

For now it looks like the BREXIT deal is done and dusted; sans the requisite approvals. BREXIT deal has been signed between UK and EU and now starts the actual divorce. EU’s Jean Claude Juncker announced that 27 EU members had endorsed the BREXIT deal, Read more [...]

News Announcement Impact Analysis If the tax cuts announced have to be really meaningful, then MAT credits need to be addressed urgently. In fact, MAT credits of Rs.75,000 crore may be a big roadblock to lower tax rates. Even as the Read more [...]

It was a hardly a surprise that the Indian trade data for September showed sharp shrinkage due to the side effects of the trade war. The trade war and the slowdown in global growth are hitting Indian exports and imports. In fact, exports contracted 6.5% Read more [...]

Markets across the US and Europe came under pressure on Monday after concerns over the sustainability of the Phase 1 Trade Deal. With Trump driving for a hard bargain, Indian markets could also see pressure on Tuesday. We had mentioned about upstream Read more [...]

Inflation not only went up but went up more than anticipated. CPI inflation for September spurted to a 14-month high of 3.99%. This marks a sharp increase from the 3.21% recorded in August and also substantially higher than the Reuters consensus estimates Read more [...]

SIP collections continued to be the redeeming feature for the mutual fund sector in FY20. In fact, Mutual Funds garnered Rs.49,000 crore via SIPs in first six months of FY-20. Despite the concerns over mutual fund redemptions, the SIP inflows have sustained Read more [...]

News Announcement Impact Analysis Crude oil  prices cross above $60/bbl for the first time in October The sharp rise in crude prices was driven by OPEC chairman committing they were open to further supply cuts But the Read more [...]