In the aftermath of the Nirav Modi fiasco and the PNB fraud case, both banking stocks and diamond stocks came under a lot of pressure in the markets. The panic spread to companies like other diamond jewellers like Gitanjali Gems, which was locked in lower Read more [...]

That remains the million dollar question; how real is the market bounce from the Nifty level of 10,276 to above the 10,500 mark. The big overhang will be the US rate action going ahead, and that does not look favourable. There could be the big Read more [...]

At a time when markets were still recovering from the shock of the post-budget gyrations, the decision to bar further trading in SGX Nifty futures is an added problem for FPIs with open interest in SGX Nifty Futures. It is hard to say how the FPIs Read more [...]