The year 2017 saw a deluge of debt flows from FPIs. Nearly Rs.150,000 crore flowed into Indian debt in the full year even as FPI investments in equity remained tepid on valuation concerns. High yields and a signal from the RBI of a likely end of the rate Read more [...]

What exactly is driving this frenetic rally in metal prices… The meltdown in metal prices began around 2012 and metal prices globally were on a downtrend ever since. However, after bottoming out around late 2016, metal prices have almost recovered Read more [...]

Are we finally seeing signs of a recovery in the economy? Indian macro data flows have been mixed in the last few months. At times growth has faltered and at times inflation has been under control. Overall, it has been very difficult to judge which Read more [...]

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 [...]