Expert Zone
India Markets Weekahead: Continue to invest as Nifty consolidates
Indian markets experienced unabated selling pressure in the aftermath of the government’s demonetisation drive. FIIs turned net sellers to the tune of $986 million and the Nifty closed the week at 8,074, down 2.7 percent.
India Markets Weekahead: Amidst the pain, get ready to buy
Markets were bracing for the outcome of the U.S. presidential election on Tuesday, but it was Prime Minister Narendra Modi’s sudden announcement on demonetisation of 500 and 1000 rupee notes that really took markets by surprise. After a gap down opening, markets recovered as domestic institutions utilised the opportunity to deploy surplus cash, which also resulted in short-covering. However this was short-lived and a correction started on Thursday, with the Nifty closing below 8,300 on Friday.
In India with Theresa May
Today, the smog across Delhi is just a little bit lighter. Prime Minister Theresa May arrived yesterday on her first international trade mission to hear, and read, a devastating wave of frustration and hurt about how India views our tight visa controls on students. The comments from government officials to leaders of major corporations range from incomprehension to dismay. "They want our trade but not our children."
India Markets Weekahead: Finally in correction mode
By Ambareesh BaligaMarkets broke the Nifty band of 8,550-8,850, which had been held for more than three months, to close at 8,433 - about 2.2 percent lower for the week.
India Markets Weekahead: Opportunities galore for traders
The Nifty fell 0.6 percent during the week to end at 8,638 points, with mid-caps losing 1.4 percent. Corporate results kept investors busy but it was surprising to witness relatively lacklustre trading on a derivative expiry week.
India Markets Weekahead: Mood upbeat ahead of Diwali
Indian markets closed a tad lower than the psychological mark of 8,700 with gains of 1.3 percent at the close of a volatile week. The Nifty broke below the lower end of the 8,550 - 8,850 trading range before bouncing back the next day. We are back in the range we have been seeing for the last 13 weeks.
India Markets Weekahead: Stocks seen consolidating, investors will remain cautious
(Any opinions expressed here are those of the author and not of Thomson Reuters)
India Markets Weekahead: A correction is coming
(Any opinions expressed here are those of the author and not of Thomson Reuters)
India Markets Weekahead: Geopolitics to weigh more than economic data
(Any opinions expressed here are those of the author and not of Thomson Reuters)
India's monetary policy outlook: What's not to like?
Through the scorching heatwave and soaring food prices over the summer, we remained hopeful that inflation will fall. We’ve been saying for a while that reservoir levels were an important determinant of food prices. And given that early rains filled up India's reservoirs to near-normal levels by August, we were not surprised to see the subsequent sharp fall in food (from 8 percent year-on-year in July to 5.8 percent in August) and overall (from 6.1 percent in July to 5 percent in August) inflation.
Movie Review: Tum Bin 2
In “Tum Bin 2”, Neha Sharma plays Taran, a London-based woman whose world comes crashing down around her when her boyfriend Amar slips into a coma after a skiing accident in the Swiss Alps. Shekhar (Aditya Seal) enters her life, wins over Neha’s family with his charm and eventually finds a place in Neha’s grieving heart.