WPI

Indian stock market

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 …

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Stock market update

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 …

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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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indian stock markets

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

Indian equities 2018

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 …

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Equity markets

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 …

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SAMVAT

SAMVAT 2075…the mega sale is on

The Year that was… SAMVAT 2074 was a bad year for the markets as NIFTY was largely flat yoy. Markets were supported by domestic liquidity due to strong monthly inflows into equity mutual funds. Net inflows into equity MF in last 12 months were to the tune of Rs.1,20,000 cr. FIIs in contrast have been …

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Equity markets

Panic sets in equity markets…

Equity markets have corrected over 10% the last month with USD-INR hitting new highs and crude prices scaling multi year highs. Rupee depreciated to above Rs.74/$ for the first time on 5th October 2018. Departing from the trend of the last few months, both large & mid-caps have declined last month driven by a sharp …

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Indian equity markets

Rupee accelerates, Crude boils…

Indian equity markets remained subdued over the last month with the broader markets gradually declining as USD-INR hit new highs and crude prices inched up. Rupee depreciated to Rs.72.50/$ for the first time on 10th September 2018. With the NIFTY/SENSEX move being driven by top 10 stocks, there has been a large gap created with …

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SENSEX

SENSEX scaling new highs…

SENSEX crossed 38,000 for the first time ever on 9th August and the NIFTY also closed in on 11,500 levels as markets kept hitting new highs on a regular basis. The broader markets which took a beating over the last few months with many smaller companies falling by 25-30% are also gradually recovering.The current correction …

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