Nifty and Sensex fell for the fifth day in succession on Thursday with the Chinese Coronavirus spreading to more countries. The markets did manage to pick up marginally towards the end on the back of short covering in pharma and select metal stocks. However, Read more [...]

The correction continued for the fourth successive session even as traders are expecting some short covering on Thursday being the F&O expiry day. There could be some covering in sectors like pharma and metals. Even as the US markets showed Read more [...]

Brent crude prices fell to a one year low below the level of $53/bbl on Wednesday as the risk of the Coronavirus spreading raised the fears among the oil traders. There were reported cases of the virus in Europe and the Middle East and the IMF has already Read more [...]

Despite a smart opening, the Indian markets failed to hold higher levels as the Nifty closed below the 11,800 mark while the Sensex is still holding above the 40,000 mark. Any Sensex fall below 40,000 could actually trigger a sharp fall in markets. Read more [...]

In a subtle way, Donald Trump put the onus of the trade deal on India. He hinted that the trade deal was more likely towards the end of the current year. However, he also underlined that Indian tariffs were among the highest in the world. It was a clear Read more [...]

The 1031 points crash in the Dow could rub off in the week on the Indian markets too. Being expiry week, there could be aggressive offloading in the next couple of days, something traders need to be wary about. Metals could continue to be under Read more [...]

It was a virtual Black Monday for world markets. The Dow Jones Index corrected by over 1,000 points with the Dow and the NASDAQ down over 3%. German DAX was down by over 4% while the Italian markets were down by close to 6% on Monday. Even the Kospi of Read more [...]

With a series of news events, the markets could be tentative. The Trump visit will be critical and the key data points during the week like the F&O expiry, the core sector numbers, auto numbers and GDP data will be closely watched. The sectors Read more [...]