GDP

stock markets

Stock markets on a COVID booster dose

Even as the Indian economy gradually opens up, there has been a constant rise in daily COVID cases with the number now touching 1 lakh/day in India from ~60,000/day last month. This is in contrast to the global scenario which has seen a decrease in numbers over the last month. Thus India currently lies in …

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COVID count

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 …

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Is COVID-19 changing the dynamics of globalization?

I think we are going towards a new normal post COVID. Already damaged by the financial crash and the US- China trade war, the pandemic has dealt globalization another body-blow. When the world was hit by economic recession in 2008, global trade dipped by almost 10% in 2009 while there was a 3% decline in …

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budget 2020-21

Union Budget 2020-21- High expectations

The Union Budget 2020-21 was presented on 1st February 2020 amidst a very challenging economic environment. Although it was not acknowledged explicitly, the budget appears to have realized the fiscal limits. Not surprisingly then, it did not excite the market, where expectations were running very high. There were evidently a lot of expectations from the …

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stock markets 2020

Stock markets in 2020 starts off on a volatile note

Stock markets in 2020 started off on a volatile note as the frontline indexes hit new highs punctured by sharp decline in markets due to US-Iran tensions. For CY19 the NIFTY was up by 11.5% while SEXSEX was up by 13.8% for the full year. But the rally in NIFTY50 was a narrow rally. Top …

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economic slowdown

Markets hit peak but economic slowdown persists

Stock market Index- NIFTY/SENSEX hit all-time highs over the last month, though the broader markets remain significantly lower. Sensex moved above 40,000 while NIFTY scaled above 12,000 levels partly driven by strong FII flows. September quarter results have been declared over the last month & profits have mostly been on the higher side driven by …

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slowdown

Economic slowdown calls for a stimulus

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. Ever since the budget was presented on 5th July, major indexes have corrected ~10%, while the sell-off has been sharper in the broader markets. FII have been …

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election results

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 …

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