As we had mentioned in the report on Thursday, the financials bore the brunt of the fall after the sharply higher inflation almost ruled out any repo rate cuts in the next two policies. Rising NPAs are also a worry in banks. Despite the steep valuations, Read more [...]

SEBI has launched a new surveillance system to prevent misuse of the shares of clients in the broking account. SEBI had observed in the Karvy case that client shares were pledged as collateral by the broker and that had caused untold hardships to clients Read more [...]

Indices are likely to come under pressure on Thursday as the weekly options expiry combined with the weak macro data could take its toll. Inflation came in higher at 7.59% while IIP growth came in lower at (-0.30%). Rate sensitive stocks like banks Read more [...]

CPI Inflation for Jan-20 came in still higher at 7.59%, representing a 5-year peak in inflation. The sharp spike in inflation was largely on account of 13.6% food inflation with vegetable inflation crossing the 50% mark. The spike in inflation almost Read more [...]

The Nifty and the Sensex showed a sharp bounce on Tuesday despite a disappointing performance by the NDA in the Delhi assembly elections. Markets had already factored in the risk after the exit polls were announced. There was a sharp rally in PSU Read more [...]

The election outcome of Delhi was largely along the lines predicted by the majority of the exit polls. The Aam Aadmi Party (AAP) swept 62 out of the 70 seats in the Delhi assembly with the BJP taking the other 8 seats. For the second year in a row, the Read more [...]

The Nifty on Monday closed near to the 12,000 mark as the Chinese virus scare continued to hit the markets in a big way. Most of the auto and metal companies came under pressure on Monday. With weak auto numbers for January, the problems with the Read more [...]

Mutual funds flows for January 2020 turned in a positive show. The equity fund inflows were up by nearly 75% at Rs.7,877 crore while overall flows into mutual funds during the month was Rs.1.20 trillion taking the total average AUM of the Indian mutual Read more [...]