TVS Motor (573.45 closed at the NSE): Buy; stop-loss on closing price basis below 550. Target for the next 5 weeks 630 – 650.  Prior to that 600 would be a resistance point to watch out for. Immediately, the range between 571 and 564 would Read more [...]

Analyst calls Are we missing the bigger picture; and this is happening globally? Over the last few quarters, we are increasingly seeing analysts being off the mark on quarterly earnings estimates. This is not only happening in India but also across Read more [...]

Weekly Capsule (Jul 03 – Jul 07) and Impact Analysis Major News Item Impact Analysis     Ø  Prime minister concludes a successful visit to Israel Ø  Mr. Modi is the first Indian prime minister to visit Israel without Read more [...]

 Midnight News Update – Jul 07th 2017   The minutes of the Federal Reserve showed clear signs of tightness as Fed members were getting increasingly worried about the slow pace of rate hikes. On Thursday there was a virtual bond price rout Read more [...]

 Midnight News Update – Jul 06th 2017   The MSEI decision to extend trading timings till 5 pm started with a bang but ended with a whimper. Obviously, with near zero volumes on most days, there was very little bargaining power or shock value Read more [...]

Midnight News Update –Jul 04th2017   Trading in corporate bond in the first quarter of the current fiscal year touched a record of Rs.4.34 trillion on the NSE and the BSE combined, a clear sign of the maturing of these markets. This marks Read more [...]

 Midnight News Update – Jul 03rd 2017   July 01st marked the first day after the official launch of GST and there was a mix of consternation, joy and confusion among the trading community. Products like smart phones and cars started offering Read more [...]

Monetary policy Are global central banks turning hawkish after a long time? After nearly 9 years of a consistently dovish stance by global central banks, there is finally a subtle shift that is happening. Key central banks have been becoming less dovish. Read more [...]