After a rally that took the Nifty past the 11,000 mark, Monday marked a return to reality. The higher inflation, sharply higher trade deficit all played a role in putting pressure on the Nifty. Weak pharma guidance also played its part. Nifty corrected Read more [...]

  Why the gap is widening in their valuations… When the TCS and Infosys results for the first quarter were announced in July 2018, the differences in valuations were a lot starker. While Infosys struggled with BFSI, TCS leveraged its BFSI Read more [...]

Twin challenges in the year ahead… From a macro economic perspective, the previous week was surely disappointing for the Indian markets. The reasons were not far to seek. On the one hand, CPI inflation touched the critical 5% mark for the month of Read more [...]

Consumption and exports could be the themes to watch out for… At a time when the world markets have been worrying about oil prices, a likely default on Italian bonds and trade wars between the US and China, the Nifty and Sensex have been scaling new Read more [...]

The day was literally dominated by TCS which gained more than 5% on a single day after its extremely encouraging annual results. Despite that markets closed almost flat on Wednesday. With the US expanding its trade war to China to $200 billion Read more [...]

Had it not been for TCS, the Nifty would have ended deep in the red on Wednesday. If TCS weight on the Nifty was more than its 4.3% based on free float, the Nifty would have really spurted. Nifty ended flat, aided by a 5% rally in TCS. The TCS stock reacted Read more [...]

Nifty closed at 10,947 after a sharp rally in stocks like Reliance, GAIL and Axis Bank added heft to the Nifty. Short covering also helped the markets to move higher during the day. The big data point in the next few days could be the price of Read more [...]

The pressure on the oil prices may be back with the latest developments in Norway. Brent Crude scaled $79/bbl as Norway shut oil production after its oil workers went on strike. It may be recollected that Norway runs a $1 trillion sovereign fund that Read more [...]