News Announcement Impact Analysis Nifty and Sensex correct sharply on Friday after a 7-day rally Both the Nifty and Sensex were driven down by weak cues coming from the US Fed Most frontlines were down led by Auto, banking, IT and Read more [...]

Nifty trading is back of Friday after a break when the equity markets and the money markets were shut. Markets are likely to be cautious ahead of the long week end and an expiry next week. Traders must be cautious about downstream oil stocks that Read more [...]

Exactly 6 months after the NBFC crisis triggered by IL&FS, the same NBFC’s have become the biggest market for bank credit which has grown 48% year-on-year. Even as commercial lending is struggling to grow, it is NBFCs that are taking away a chunk Read more [...]

Exactly 6 months after the NBFC crisis triggered by IL&FS, the same NBFC’s have become the biggest market for bank credit which has grown 48% year-on-year. Even as commercial lending is struggling to grow, it is NBFCs that are taking away a chunk Read more [...]

The Nifty rally on Tuesday was led by IT stocks and banks. IT stocks gained sharply after the NASSCOM projected 9.2% growth in IT services for fiscal 2020. Most of the frontline IT stocks were in positive territory. Auto stocks continued to remain Read more [...]

In a surprising move, global investment bank Goldman Sachs upgraded Indian stocks to “Overweight”, exactly 6 months after downgrading to underweight. Goldman expects a stable government at the center post elections and that has driven the broker to Read more [...]

The global sentiments appear to be buoyant at Wall Street edged higher on the back of a rally in energy shares. US markets opened on a positive note ahead of an eventful week which includes the Fed Policy announcement and progress in the US-China trade Read more [...]

Nifty was driven higher by the oil marketing stocks which gained from expectations of higher crude prices and improvement in refining margins during the current quarter. RIL and IOCL were sharply higher on Monday. Auto stocks are likely to come Read more [...]