Along expected lines, the Fed hiked rates by 25 basis points, but what would really concern the markets will be the commitment to wind down the liquidity accommodation. That could crunch liquidity in the markets. With a rate hike and lower liquidity Read more [...]

Nifty again weakens marginally ahead of the possible Fed rate hike, which eventually resulted in the Fed hiking rates by 25 bps. On a volatile day, the Nifty did show some strength. However, it lost value in the last hour as autos and banks came under Read more [...]

The sharp bounce in the midst of volatility on Tuesday was largely an outcome of LIC giving an assurance of support to IL&FS. SBI too chipped in with support assurance to the bond markets. But larger market risks remain. The real threat could Read more [...]

Not just financials but even rate sensitives corrected sharply as the bond market fears spread to the equity markets. With little improvement in liquidity and IL&FS making another default, the situation is surely grim. Keep a watch on the debt Read more [...]

It was literally a Black Monday on Dalal Street. The Sensex crashes 536 points on Black Monday; loses 2000 points in 2 weeks. The pressure came from the rate sensitives as the markets started looking at most of the NBFCs and HFCs as vulnerable to any Read more [...]

Financials were the worst hit on Friday with stocks like Yes Bank and DHFL giving huge losses. There was heavy institutional selling and that could spill over to the coming week also. The real cues for the equity market on Monday will come from Read more [...]

The markets initially fell on trade war fears but the bigger overhang appeared to be the IL&FS issue. With $12.5 billion of debt, the spill-over impact will be much bigger. Goldman Sachs downgrade of Indian equities saw most of the richly valued stocks Read more [...]