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 [...]

The sharp rally in the Dow and the NASDAQ on Friday should keep the hopes of the Nifty buoyant on Monday. The Nifty has already shown positive momentum bouncing sharply from lower levels on concerted short covering. The disbursal of the first tranche Read more [...]

The first preliminary details of the Draft E-commerce Policy have been announced today. The Draft e-commerce policy will, most likely, tighten the screws on e-commerce portals, The Draft e-commerce policy is expected to contain a series of conditions Read more [...]

Short covering in financials and metal stocks led to the Nifty closing in positive territory. However, global markets have been under some pressure and that could rub off on the markets on Friday. Traders are showing a preference to keep their Read more [...]

It may not be the end of the trade war but it sure looks like the beginning of the end of the trade war. China and the US have drawn out a plan to bring an end to the trade war. As another round of trade talks between the US and China came to an end, Read more [...]

The Nifty and the Sensex did show a sharp bounce on Wednesday supported by a bout of short covering a day ahead of the F&O expiry. Consumer stocks remained under pressure during the day. Metal stocks are seeing some buying interest in the market Read more [...]

The government will not aggressively recapitalize PCA banks. The government announced Rs.48,329 crore recapitalization plan for 12 PSU banks; most of which will be pumped into PSU banks under prompt corrective action (PCA). The government will infuse Read more [...]

Despite the forex and the money markets being closed on Tuesday, the equity lost most of their gains towards the end of trading. In fact, the Sensex lost nearly 500 points from the peak of the day on flat A/D ratio of 25:24. Tuesday should come Read more [...]