The RBI may hold the repo rates till March 2019 according to a report put out by Singapore based DBS Bank. The RBI had raised repo rates in two tranches in June and August policy meets but had chosen to maintain status quo in October. According to DBS, Read more [...]

Markets resume trading on Monday after a gap of 3 days and the immediate trigger will be the F&O expiry this Thursday. This is likely to keep the overall markets slightly volatile, especially banks, autos, and NBFCs. All eyes will be on the Read more [...]

FMCG stocks have shown a recovery from the lows of October although they are still 9% below the highs seen in August. The rise in the FMCG index is largely driven by a fall in input costs as the price of oil has again retreated from $86/bbl to a low of Read more [...]

It was largely weak cues in global markets that led the Nifty to close exactly at the 10,600 mark. Traders were cautious ahead of 2 clearing holidays this week and FIIs were also cautious which was evident from the cash market selling. As we had Read more [...]

On a trading day when banking and clearing operations were largely shut, the Nifty fell below the 10,600 marks. Even the Sensex lost over 250 points as the markets were a little jittery over the sharp fall in crude prices as an indicator of a global slowdown. Read more [...]

Weak cues from global markets led the Nifty sharply down by over 100 points on Wednesday. The Moody’s warning that PSU banks could get downgraded also worked against the market overall. The US markets saw a virtual carnage as tech stocks crashed Read more [...]

RBI relaxation is likely to provide relief of Rs.35,000 crore to the government of India. In the meeting with the finance ministry on 19th November, the RBI decided to defer the full implementation of the “Capital Conservation Buffer” prescribed under Read more [...]

Along with expected lines the Nifty closed in positive territory on hopes that the RBI/government differences would get sorted out. The meeting was largely productive and the markets should celebrate tomorrow. The outcome of the board meeting is Read more [...]