The markets opened weak on Thursday but there was hectic covering in the last hour and the markets only marginally in the negative. The markets reacted positively to the sharp fall in oil prices and strength in the rupee. The lower PMI Manufacturing Read more [...]

Growth slowdown may be real according to the Finance Minister, as mentioned it its Monthly Economic Report. In fact, the report hints at a slowdown in GDP growth in FY2019, especially in the fourth quarter. According to the Monthly Economic Report put Read more [...]

The markets recovered sharply on Monday closing almost flat after being deep in the red through the day. The positive growth numbers from the EU region and lower oil prices also aided a recovery in the markets. Indian markets return after a trading Read more [...]

Monthly core sector numbers finally showed some improvement for March 2019 at 4.7%. This figure represented the best core sector growth in the last 5 months. Core sector captures the growth in 8 core infrastructure sectors and has a weight of over 42% Read more [...]

Indian markets will function on Tuesday but will again be shut on Wednesday on account of May Day celebrations. Hence markets may remain slightly cautious on Tuesday in the midst of fairly thin trades. Markets may choose to remain cautious ahead Read more [...]

Indian markets have been profitable and global investors have skimmed nearly $50 billion out of India in the last year. FPIs and MNCs took out $49 billion out of India in the year 2018 via dividends and interest. This is double the amount of money that Read more [...]

News Announcement Impact Analysis US sanctions waiver for oil buying comes to an end on May 02nd, 2019 Effective that day, most countries like India, China and Japan cannot import Iranian oil anymore It is not clear whether China Read more [...]

During the last week, the rupee rapidly weakened against the dollar and went as low as 70.56/$. While oil prices were one of the reasons for the rupee slide, there was another more immediate reason for this rupee fall. It was the dollar swap auctions Read more [...]