The first set of exit polls from some of the leading channels are pointing clearly towards an emphatic victory for the BJP in Himachal Pradesh and in Gujarat. This should come as a big relief to the equity markets as they were apprehensive that the actual Read more [...]

Passenger vehicles sales were up by nearly 14% for the month of November 2017.  This could also be attributed to the fact that the previous November was a weak month on the back of the demonetization that was undertaken last year. While car sales were Read more [...]

The first phase of the Gujarat elections concluded on 09th December in South Gujarat and Saurashtra with the rest of Gujarat going to polls on 14th December.  The final outcome of the polls is expected on 18th December with the Congress expected to put Read more [...]

The Monetary Policy Committee (MPC) on Wednesday maintained status quo on repo rates at 6%, largely in line with market expectations. The RBI also maintained its GVA growth guidance at 6.7% although it increased its inflation forecast higher by 10 basis Read more [...]