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 [...]

It was a virtual Black Monday for world markets. The Dow Jones Index corrected by over 1,000 points with the Dow and the NASDAQ down over 3%. German DAX was down by over 4% while the Italian markets were down by close to 6% on Monday. Even the Kospi of Read more [...]

With a series of news events, the markets could be tentative. The Trump visit will be critical and the key data points during the week like the F&O expiry, the core sector numbers, auto numbers and GDP data will be closely watched. The sectors Read more [...]

Creditors of Reliance Communications are expected to meet on 24 February to vote on Reliance Jio’s bid for assets worth Rs.4700 crore. The meeting will also consider a bid received from UV Asset Reconstruction Company. UV has made a much higher bid Read more [...]

Trigger for the Week How will it impact? Government likely to announce telecom fund for AGR This is likely to be a positive yet revenue-neutral deal for telcos to borrow and pay up their AGR dues MPC minutes clearly hint at Read more [...]

Chinese Coronavirus magnifies the problems for Indian pharma An elaborate report by CNN had clearly brought out that Indian pharma industry could be the most vulnerable to the Chinese Coronavirus pandemic. It only magnified the already existing problems Read more [...]