The PSU banks were the star performers of the day with the Nifty crossing the 10,800 marks. Any news of a US-China trade deal is likely to benefit sentiments across the global markets including India. Watch out for two-wheeler stocks and they could Read more [...]

US markets continued its upward surge. Dow and the NASDAQ were stronger on hopes of the trade deal between the US and China. After a strong performance on Friday and Monday, the Dow and NASDAQ continued to grow above 100 points on Tuesday too. The big Read more [...]

Growth may be faltering in the second half of 2018-19; at least that is what the CSO statistics are telling us. The Central Statistical Organization (CSO) has pegged the full-year GDP growth estimates for India at 7.2% for the fiscal. The real growth Read more [...]

Nifty started Monday more than 100 points in the positive but failed to sustain the gains as hints of the RBI paying $5.8 billion as a special dividend to the government again raised concerns over the government pressure on finances. Most PSU banks Read more [...]

There was some short covering on Friday on expectations that the trade deal could go through soon. But the worries over slowing Chinese growth still remain. The focus will continue to be on the domestic consumption plays. The market calls for caution Read more [...]

Nifty and Sensex showed a marginal bounce on Friday after a tough week as the indices reacted to the risk of a Chinese slowdown and the likelihood of a generous $35 billion farm rescue package. The advance/decline ratio was 2:1 on Friday, but IT remained Read more [...]

The government needs to urgently find ways to plug the GST gap For the month of November, the GST collections came in sharply lower at around Rs.92,000 crore. Barring April and October, GST collections never managed to touch the magic figure of Rs.1 Read more [...]

In the last one month we saw a sharp appreciation in the price of gold and the Yen. A 4% appreciation in these safe haven assets in a month is not regular. But more importantly, it is the mix of Yen and gold that is portentous. Gold crosses $1300/oz Read more [...]