The US markets came under pressure after the Fed gave out a very hawkish tone on the rates front. Fed has hinted at another 2 rate hikes in 2018 and 3 more rate hikes in 2019. Indian markets could face pressure today at higher levels as the rate Read more [...]

The US Fed on Wednesday raised the Fed Funds rates by 25 basis points to the range of 175-200 basis points. This is the 7th rate hike by the Fed since Jan 2016. US markets reacted negatively to the Fed announcement since the outlook on inflation and interest Read more [...]

The Nifty closed to the 10,850 mark after the Trump-Kim deal raised hopes that the geopolitical risk in Asia would be largely reduced. Markets are likely to maintain the positive sentiments in the short term. With Sun Pharma Halol Plant getting Read more [...]

It was a day on which the May inflation and the April IIP came in higher. April IIP at 4.9% was largely supported by cement, automobiles and was backed by a 13% growth in capital goods demand. Both mining and manufacturing grew at 5.2% for April. The Read more [...]

After gaining nearly 90 points on the policy day, the Nifty gained another 83 points to get close to the 10,800 mark. It is likely to meet stiff resistance at these levels and may come down before resuming its up move. Global steel prices are again Read more [...]

It was a hectic day for global markets a day after the RBI hiked rates by 25 basis points. The Euro strengthened to a 3-week high after the ECB indicated that the stimulus unwinding may start sooner than anticipated. In the meanwhile, Turkey set the tone Read more [...]

The Nifty and the Sensex gave up its early euphoria as the spectre of a rate hike on June 06th kept the market on tenterhooks. Markets are worried that a rate hike combined with a hawkish view could push yields beyond 8%. The focus will be on the Read more [...]

As the RBI goes into a critical June policy, the room is still divided on the rate outcome. While half of the economists are still betting on a 25 bps rate hike on June 06th, the other half is still of the view that the RBI may give a hawkish note and Read more [...]