Four days after the Union Budget 2018, the overhang of the LTCG continues. The Sensex touched a 3-week low on Monday even as the equity indices fell for the fifth day in a row. Banks and capital goods took the worst hit while auto appeared to hold up Read more [...]

Will the carnage end on Monday is the big question. A lot will depend on whether there is any clarification on LTCG by the FM. Obviously the 31st March deadline is putting pressure on investors to push sales. On Friday there was selling from big Read more [...]

Sterlite Power plans to invest close to Rs.66,000 crore ($10 billion) to expand its power business in the domestic and the international markets. Sterlite Power sees immense potential in the transmission business especially after the government opened Read more [...]

Even as all attention was riveted on the Union Budget, the Nifty managed to hold the 11,000 mark despite going below the mark briefly. Unless there is anything negative in the budget we expect the level to hold. The big budget expectations will Read more [...]

A day ahead of the Union Budget 2018, the core sector growth for December turned in at 4% as against 7% in the previous month. The November core sector had been a little elevated due to the base effect of demonetization. The core sector represents the Read more [...]

The Dow Jones index cracked sharply as higher bond yields and the risk of falling healthcare margins led to an across the board sell-off in Dow stocks. Amazon and Berkshire announced a partnership to foray into the healthcare business to bring down healthcare Read more [...]