Shriram Transport proposes to raise Rs.5,000 crore via 9.40% bonds. Shriram Transport will use the funds for business expansion as the company expects strong demand for loans in the aftermath of a strong monsoon estimate put out by the Met Department. Read more [...]

The trade war took its toll on the US Dow and on other Asian markets and that is likely to weigh on the Indian markets. Expect a cautious start with pressure at higher levels. The INR could come under pressure today after it became clear that China Read more [...]

HDFC Mutual Fund has finally got the nod for its proposed IPO. It will now be the second mutual fund AMC after Reliance Mutual Fund to come out with an IPO. Currently, 58% stake is with HDFC while 38% is with Standard Life of UK. The IPO may be launched Read more [...]

The Nifty comfortably settled above the 10,800 mark with a 1% rally on Friday after it became clear that the OPEC was going to bring supply back into the markets. India immensely benefits from lower oil prices. The week is likely to be dominated Read more [...]

Finally, there is cheer from the IMD on the monsoons front. IMD has projected the monsoon to bring cheer to Central India and North India in the next 2-3 days. In fact, June could see the normal monsoon onset on June 29th itself. As of the third week Read more [...]

The level of 10,800 continues to be a major resistance for the Nifty as most of the pharma stocks gave up some of their frenetic rally of the last few weeks. Oil continued to outperform the market ahead of the Vienna meet. India also retaliating Read more [...]

The saga of retaliatory tariffs on US imports and after the EU it is now the turn of India to impose these tariffs on US imports. Higher import tariffs will be applicable on 29 US products effective from August 04th. India has already appraised of the Read more [...]

The trade is not just between the US and China but EU too has entered the fray by imposing 25% tariffs on a host of American products to the value of $3.2 billion. A lot will now predicate on how the quantum increases. Markets on Thursday are likely Read more [...]