MARKETS MAY REACT TO US PROTECTIONISM

Posted on March 5, 2018 by Achiievers

After a long holiday weekend, Indian markets are likely to react on Monday to the import duties imposed by the US on steel and aluminium. The big overhang will be the possibility of a full-fledged retaliatory trade and currency war. The SGX Nifty Read more [...]

The GDP estimates of 2017-18 came out at 7.2% while

Posted on March 1, 2018 by Achiievers

The GDP estimates for the third quarter of 2017-18 came out at 7.2% while the full year projections came in at 6.6%. The GVA (excluding the impact of taxes and subsidies) is expected to be around 6.4%. The Indian economy is likely to end the fiscal year Read more [...]

GDP ESTIMATES ARE GOOD, BUT NOTHING GREAT

Posted on March 1, 2018 by Achiievers

GDP estimate at 7.2% should be a positive but full year estimate at 6.6% will surely dampen sentiments. Also the PMI-Manufacturing touching a 4-month low is not a very good sign. Markets may see some macro pressure on Thursday. We have been aggressively Read more [...]

ALL EYES WILL BE ON THE GDP DATA

Posted on February 28, 2018 by Achiievers

Even as the Nifty has held on to the 10,500 levels, despite the PNB fiasco taking its toll, the big story will be the GDP estimates for the fourth quarter. Any estimate that is 40-50 basis points higher than Q3 will be a big push for markets. Reliance Read more [...]

ACC and Gujarat Ambuja both are accepted that merger was the ultimate goal

Posted on February 27, 2018 by Achiievers

Both ACC and Gujarat Ambuja have confirmed that the merger plan mooted in May 2017 is currently being put on hold. While the companies accepted that merger was the ultimate goal, they were averse to committing to a merger at this point of time due to Read more [...]

As trading commences in the final week of February

Posted on February 27, 2018 by Achiievers

As trading commences in the final week of February, the data points to watch will be the Q4 GDP estimates, the PMI numbers for manufacturing, and core sector data for January and the auto sales data. Additionally, the rupee movement will also be closely Read more [...]

aftermath of the PNB fiasco over Nirav Modi

Posted on February 23, 2018 by Achiievers

The Indian rupee tumbled to a 3-month low of Rs.65.03 on Thursday as the banking crisis led to a run on the INR. The situation worsened when importers rushed for cover after it became clear that the Fed rate hikes could begin as early as March and go Read more [...]

The Monetary Policy Committee (MPC) minutes were made public on 21st Feb

Posted on February 22, 2018 by Achiievers

The Monetary Policy Committee (MPC) minutes were made public on 21st February. This refers to the detailed discussion of the members of the MPC ahead of the decision to maintain status on rates in the February monetary policy. With inflation way above Read more [...]

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