India’s fiscal deficit for 2017-18 touches 112% of full year target by Nov 2017 With 4 more months to go for the fiscal year, the government looks set to exceed the fiscal deficit target by 50 bps This will also compromise the 3% FRBM Read more [...]

After a strong start the Nifty and the corrected sharply on the back of very thin volumes. The trigger came when there was an unwinding of most of the positive trades of the last few days, especially among the ADAG stocks. With the likely modification Read more [...]

After a long gap the Core Sector number for the month of November came in at a healthy 6.8%. Core sector represents the 8 infrastructure sectors including coal, crude oil, natural gas, refinery products, steel, cement, fertilizers and electricity. This Read more [...]

Nifty ended the year at an all time high with the Reliance Jio and RCOM merger news likely to be the most positive for the markets. Now the Nifty may be headed higher towards 10,800 and 11,000 levels from here on. The rise in bond yields may be Read more [...]

Prime minister, Narendra Modi, had a high level meeting with 40 leading economists of India ahead of the Union Budget to explore ways to give a big push to growth. The forthcoming Budget on February 01st will be the fifth and final budget by the current Read more [...]

The Nifty stayed above the 10,600 mark but the Nifty showed signs of tiring at higher levels. However, the markets appear to be focusing on positives like the new industrial policy and likely growth revival. The decision to hike non-coke prices Read more [...]