The Trump language has changed the mood of the market but the sharp bounce in crude indicates that the market has not taken the Trump threats too seriously. Markets are betting that even the US cannot afford a trade war. Most stocks came under Read more [...]

After manufacturing the pressure is showing in the service sector too. India’s PMI Services hits a 7-month low on the back of weak manufacturing PMI. The PMI Services for the month of April fell to 51 from 52 in the previous month. At above-50, the Read more [...]

Despite the strength in the banking stocks on Friday, the pressure on FMCG and IT stocks was a tad too strong for the markets to endure. In fact, had it not been for banking, the cuts could have been a lot deeper on Friday. FMCG and IT will continue Read more [...]

The IL&FS case appears to get murkier with the Corporate Affairs Secretary pointing at the role played by the IL&FS auditors in the recent fiasco. The CAS has confirmed that the IL&FS group auditors may have a lot of sticky questions to answer. Read more [...]

SEBI is absolutely correct on the need to regulate Debt Funds The SEBI chairman recently underlined the need to regulate debt funds and FMPs in a more stringent way. While the contours of such regulation were not spoken about, the statement was clearly Read more [...]

Why SEBI is correct in closer regulation of MNC royalty payouts While royalty payments are nothing new and most MNCs with a global parent do pay royalties, the quantum of royalties has come under question in recent times. Just a few months back, there Read more [...]

New Insider Trading rules create complications for pledged shares When the new insider trading rules of SEBI took effect on April 01st, it was seen as a normal move to bring about more transparency in insider trades and ensure better corporate governance. Read more [...]

  News Announcement Impact Analysis US Fed maintains status quo on rates in its latest Fed meeting The US status quo on rates was already indicated by the CME Fed Watch tool and it was just an affirmation While Powell hinted Read more [...]