The markets are broadly expected to react positively to the 25 bps rate cut by the US Fed largely along expected lines. On Wednesday, the aggressive short covering was already visible in the banking and auto sectors. The secondary effects of the Read more [...]

The Fed rate did come finally, although it was lower than anticipated. US Federal Reserve cut the Fed Funds Rates by 25 basis points with mildly dovish outlook. For the first time in nearly 10 years, the Fed cut the funds rate by 25 basis points to the Read more [...]

With V G Siddhartha no more, the stress about the future of the group will be on the markets. Apart from the price impact on the stock, it is also likely to hit banks and MFs for the Rs.10,000 crore exposure that the group has. Quarterly results Read more [...]

Changing from trusts to corporate for FPIs may be easier said than done according to Nandita Parker, the founder promoter of Karma Capital. Karma is one of the major FPIs operating in India. According to Parker, the change in FPI structure may not be Read more [...]

The global markets continued to reel under the spell of slowdown fears as Indian auto stock and metal stocks took deep hits. The metals stocks have come under pressure on China growth concerns, which is a key driver of prices. Quarterly of auto Read more [...]

After rallying for the last two weeks, bond yields on the benchmark 10-year bond, eased lower on Finance Minister’s call for rate cuts. In fact, on Monday the 10 year benchmark bond yields fell sharply after the finance minister, Nirmala Sitharaman, Read more [...]

Markets have reached a stage where it becomes hard to take a macro view and only a stock specific approach may really work in the Indian context. Nifty may still face resistance at higher levels. The big news for the week will be the Fed rate meet Read more [...]

In the Union Budget 2019, the Finance Minister announced plans for issue of $10 billion of sovereign bonds. Amidst the fanfare, the logic was perfect. By relying on foreign currency bonds, the government will hit two birds with one stone. On the one hand, Read more [...]