There may be fresh trouble brewing for Anil Ambani after banks opposed RCOM’s proposal to compensate Ericsson out of tax refunds. RCOM proposes to pay nearly Rs.260 crore out of the outstanding Rs.450 crore payable to Ericsson from tax refunds. SBI Read more [...]

The SGX Nifty on Monday came under pressure due to Trump’s decision to withdraw the special status to Indian imports. This is likely to impact Indian exports to the tune of $5.7 billion and is likely to negatively impact markets. According to Read more [...]

The border tensions escalated on Tuesday with Pakistan violating Indian airspace. While the IAF shot down an F-16 aircraft, it also lost a MIG in the process. The pressure on the markets could also continue on the back of higher crude. US crude Read more [...]

As the IAF struck targets across the LOC in the early hours of 26th January, the markets reacted in panic before recovering most of its losses. However, the markets did close weak on Tuesday, although the damage may be over. Banks and rate sensitives Read more [...]

IT companies may have a tough time against US visa policies. Trump’s immigration crackdown may mean that H1-B visas may become tougher. In fact, even Indian immigrants with specialized skills saw their visas getting rejected or getting caught up in Read more [...]

An innocuous Trump tweet coaxing the OPEC to go easy on supply cuts brought down oil prices sharply and also resulted in sharp gains for the Indian markets. The Sensex has now recovered more than 50% of the 1620 points lost in February. The SGX Read more [...]

Realty turned out to be a damp squib on Monday as they appeared to be unimpressed by the GST rate cuts announced in the Sunday GST Council meet. The GST Council had cut rates to 5% for under-construction property and to 1% for low-cost houses. However, Read more [...]

News Announcement Impact Analysis Sensex bounces over 550 points from lower levels in two days The bounce in the Sensex came after a nearly 1620 points correction in the Sensex over 9 days of selling The bounce can be largely attributed Read more [...]