It truly was an intriguing day of trade with the Sensex bouncing over 400 points from the lows of the day. With the war fears receding and oil prices falling, the Nifty and Sensex staged a smart bounce to close above 10,500 The markets continue Read more [...]

The Indian Meteorological Department (IMD) released its preliminary monsoon estimates for the year 2018 at 97% of the long term average (LTA). Normally, rainfall in the range of 96% to 104% of LTA is considered to be normal rainfall. April is the first Read more [...]

Over the last 6 months, there has been a sharp fall in the stock prices of downstream oil companies like HPCL, BPCL and IOC. In fact, BPCL has corrected 17% while IOCL has corrected 19% with the worst performer being HPCL, which has corrected 27%. For Read more [...]

After touching a high of 5.21% in December 2017, CPI inflation has been on a downtrend for the last 3 months in succession. For the month of March-18, CPI inflation came in lower at 4.28%. This is well within the RBI target of 4-5% inflation for the Read more [...]

It is now almost a month since the whistleblower allegations about conflict of interest at ICICI Bank first came out. In the meantime, the CBI has initiated its investigations and the Chairman of the Board has come out emphatically in support of the CEO. Read more [...]

A day after the US, France and UK launched targeted missile strikes on Syria; the attacks have been strongly condemned by Russia and China. In fact, Russia has also threatened with strong retaliation. The US strikes were a response to the alleged chemical Read more [...]

With the US, France and UK launching attacks on Syria, the situation becomes really delicate in West Asia. Markets could be under pressure on Russian retaliation pressure as well as a rise in crude oil prices. Infosys disappointed with a 300 basis Read more [...]