It was a day when the dollar strength weighed on the rupee and the Nifty. With the Fed announcing strong growth guidance for the US economy, the hints are towards a stronger dollar and a weaker rupee. Trade wars are a worry too! Macros are likely Read more [...]

The Nifty level of 11,000 continued to be the big resistance. The redeeming sector of the day was upstream and downstream oil companies even as base metal and industrial metal stocks took deep price cuts in Wednesday trading. US Fed Chief’s statement Read more [...]

After the sharp correction on Monday, the index recouped almost all its losses as it scaled past the 11,000 mark. The Nifty was led by a rally in oil companies as well as short covering short covering. Nifty closed at 11,008 as weaker Brent Crude prices Read more [...]

The sharp crack by 0.75% on the Nifty was largely driven by pharma and banking stocks. But the real cuts were seen in the mid cap stocks with over 200 stocks touching their 52-week low levels. Markets are likely to continue to be weak ahead of Read more [...]

After a rally that took the Nifty past the 11,000 mark, Monday marked a return to reality. The higher inflation, sharply higher trade deficit all played a role in putting pressure on the Nifty. Weak pharma guidance also played its part. Nifty corrected Read more [...]

  Why the gap is widening in their valuations… When the TCS and Infosys results for the first quarter were announced in July 2018, the differences in valuations were a lot starker. While Infosys struggled with BFSI, TCS leveraged its BFSI Read more [...]

Twin challenges in the year ahead… From a macro economic perspective, the previous week was surely disappointing for the Indian markets. The reasons were not far to seek. On the one hand, CPI inflation touched the critical 5% mark for the month of Read more [...]

Consumption and exports could be the themes to watch out for… At a time when the world markets have been worrying about oil prices, a likely default on Italian bonds and trade wars between the US and China, the Nifty and Sensex have been scaling new Read more [...]