News Announcement Impact Analysis GDP for Dec-19 quarter improves to 4.7% from 4.5% in Q2 The bounce in GDP was largely driven by a bounce in agriculture production on the back of a good Rabi crop However, manufacturing continued Read more [...]

With the Dow losing nearly 10% in a week, the Indian markets fear a weekend Black Friday. Even the F&O expiry short covering was tepid and that is likely to continue in terms of sentiments on Friday also. Dow lost another 1100 points on Thursday Read more [...]

Nifty and Sensex fell for the fifth day in succession on Thursday with the Chinese Coronavirus spreading to more countries. The markets did manage to pick up marginally towards the end on the back of short covering in pharma and select metal stocks. However, Read more [...]

The correction continued for the fourth successive session even as traders are expecting some short covering on Thursday being the F&O expiry day. There could be some covering in sectors like pharma and metals. Even as the US markets showed Read more [...]

Brent crude prices fell to a one year low below the level of $53/bbl on Wednesday as the risk of the Coronavirus spreading raised the fears among the oil traders. There were reported cases of the virus in Europe and the Middle East and the IMF has already Read more [...]

Despite a smart opening, the Indian markets failed to hold higher levels as the Nifty closed below the 11,800 mark while the Sensex is still holding above the 40,000 mark. Any Sensex fall below 40,000 could actually trigger a sharp fall in markets. Read more [...]

In a subtle way, Donald Trump put the onus of the trade deal on India. He hinted that the trade deal was more likely towards the end of the current year. However, he also underlined that Indian tariffs were among the highest in the world. It was a clear Read more [...]

The 1031 points crash in the Dow could rub off in the week on the Indian markets too. Being expiry week, there could be aggressive offloading in the next couple of days, something traders need to be wary about. Metals could continue to be under Read more [...]