GDP

markets festive mood

Markets in festive mood

Markets remained buoyant as NIFTY & SENSEX hit new highs with NIFTY above 18,500 & SENSEX above 61,000 for the first time ever. Liquidity remains strong both on the domestic front as well as foreign flows. The markets look over heated at the moment. We are in the midst of Q2 corporate earnings season & …

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stock markets high

Markets move from high to higher

Markets remained buoyant as NIFTY & SENSEX hit new highs with NIFTY above 17,400 & SENSEX above 58,000 for the first time ever. The markets have hardly been impacted by the 2nd wave of COVID. The markets look over heated at the moment & we feel corporate earnings need to catch up over the next …

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markets new highs

Markets scaling new highs

Markets remained buoyant as NIFTY & SENSEX hit new highs but failed to break out remaining range bound over the last month. NIFTY has been range bound between 15500-15950 levels. Liquidity remains strong especially on the domestic front. The markets have hardly been impacted by the 2nd wave of COVID over the last 3 months. …

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COVID

COVID rearing its head up- April 2021

Markets remained buoyant as NIFTY & SENSEX were up 71% & 68% in FY 21. This move has largely been driven by liquidity due to strong FII inflows over last few months. Although we are currently witnessing the 2nd wave of COVID with a sharp spurt in cases, mortality rates remain low, partly due to …

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oil on the boil

Oil on the boil – March 2021

Markets remained buoyant as both NIFTY & SENSEX hit new highs, SENSEX above the 50,000 mark while NIFTY is above 15,000. This move has largely been driven by liquidity due to strong FII inflows over last few months. Sentiments have further been boosted by declining COVID numbers & increased vaccination. FII have been buying heavily …

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Union Budget 21-22

UNION BUDGET 2021-22 – Driving growth

The Union Budget 2021-22 was presented on 1st February 2021 amid a challenging macro environment. With the first decline in nominal/real GDP in four decades, the Government had to walk the tightrope, which they seem to have done. Though there is no large fiscal stimulus, the absence of any tax hikes and better fiscal math …

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Budget expectations 2021

Budget Expectations – ‘unlike anything seen in the last 100 years’

This year’s Union Budget 2021, slated to be presented on 1st February 2021, is going to be completely paperless in the wake of the corona pandemic, as the Budget papers will not be printed and only the digital copies will be circulated. India’s Finance Minister Nirmala Sitharaman has described her upcoming budget as unlike anything …

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SENSEX 50k

Sensex close in on Mount 50k

Markets remain buoyant as both NIFTY & SENSEX hit new highs, SENSEX inching towards the 50,000 mark. For CY20 the NIFTY was up by 14.5% while SEXSEX was up by 15.5% for the full year. In between though markets corrected sharply in March 2020 as NIFTY fell to ~7500 while SENSEX dipped below 26000. Since …

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stock markets

Stock markets hit new highs

As the economy gradually opens up we are witnessing better economic data, stock markets are hitting all-time highs. There has been a gradual decline in daily COVID cases over the last few months. We have also seen steady progress in terms of vaccines by different countries as vaccines have already been launched in the UK, …

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