Stock markets racing up with Covid numbers
With the economy opening up gradually we should see improved activity, but increasing COVID 19 numbers daily remain a concern.
FII
COVID count on the rise
Although the Indian economy has gradually opened up over the last couple of months, there has been a constant rise in daily COVID cases with the number now touching 30,000/day in India. This is in contrast to the global scenario which has seen a decrease in numbers over the last month. In addition there has …
Uneasiness persists in markets
Stock market Index- NIFTY/SENSEX sustained at significantly high levels, though the broader markets remain subdued. Markets have largely remained range bound over the last month but the euphoria seen in the index levels do not reflect in stocks beyond the top 10-15 stocks. Liquidity remains strong as seen from the oversubscription in IPOs over the …
Will the festive season bring some cheer to stock markets?
Stock markets have been largely range bound over the last month, though the broader markets have continued with its subdued performance largely due to consistent selling by FPIs. The government has taken several measures to boost the economy, such as corporate tax rate cuts & roll back of tax surcharge, but it has failed to …
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One flag, one nation, one constitution
There has been a major sell-off in the Indian markets over the last month largely due to consistent selling by FPIs due to higher tax implication post budget. Thereafter the major topic of discussion has been how the government revoked article 370, which grants special status to Jammu & Kashmir on 5th August 2019. Ever …
Stock market update: Second Term Calling…
The NDA led by the BJP came back to power for the second term on 23rd May 2019, this time with a bigger mandate as the BJP on its own won in excess of 300 seats. NIFTY touched an all-time high of 12,103 while SENSEX touched a high of 40,312. Both the NIFTY & SEXSEX …
All eyes on election results- Who will cross the magic figure?
All eyes will currently be on the outcome of the election results on 23rd May 2019. Markets have been volatile for the last month as 7 phase polling continues. Last month NIFTY touched an all-time high of 11,856 while SENSEX touched a high of 39,487. Historically it has been seen that election outcome turns out …
All eyes on election results- Who will cross the magic figure? Read More »
Terorist attacks & counter attacks
Positive profit growth outlook, steady mutual fund flows, reasonable valuations & inflation trajectory remaining stable augurs well for the markets. Low IIP numbers & GST collections though remain a concern. Short term investors should remain cautious as markets could be extremely volatile in the next couple of months leading up to the election outcome but any intermittent volatility should be used as an opportunity by patient investors with medium to long term outlook to accumulate good quality stocks
2018- Reality check for indian equities
The year 2018 proved to be a tough one for Indian equities with the SENSEX clocking minor gains of 6% as against 28% in 2017. On the contrary the BSE 500 posted 3% negative return against a gain of 36% in 2017. For broader markets, the year proved a dampener as the BSE Midcap index plunged 13% and Small …
Equity markets in election mood
Equity markets have largely been range bound over the last month between 10,200 and 10,800. Though frontline stocks have largely been in a range, mid & small cap stocks have continued on the downward trend. This has been specially been happening in PSU stocks. With Congress doing better than expected in the just concluded state …