The year 2025 served as a defining stress test for Indian equity markets. A combination of global macro uncertainty, geopolitical tensions, volatile commodity cycles, shifting monetary policy expectations, and the imposition of a steep 50% tariff by the United States on select Indian exports created an environment where risk appetite was frequently challenged. Yet, despite […]
Read MoreJune turned out to be an extremely interesting month for the stock markets, marked by another unexpected event—the Israel-Iran conflict—which, despite initial concerns, ended swiftly and was absorbed by global markets. Surprisingly, markets performed well, with most global indices ending the month on a strong note. In the Indian context, the Nifty ended higher for […]
Read MoreThe much-awaited Liberation Day arrived two days ago, and the scale of tariffs imposed globally has taken many by surprise. The impact of these measures—both direct and indirect—is complex and not easily decipherable. They ripple across industries, countries, and supply chains. For instance, a company may not export directly to the USA but could […]
Read MoreThe Indian stock market made a sharp recovery in March despite ongoing volatility linked to global tariff concerns. After a steep decline in the first two months of the quarter—primarily driven by Foreign Institutional Investor (FII) outflows—March saw a reversal, helping the Nifty end the quarter flat. Similarly, the rupee remained stable, while government bonds […]
Read MoreThe month of February was a tough one for the Indian stock markets, with significant cuts across the board in both large-cap indices as well as small and mid-caps. While the initial reaction to the Union Budget was positive—given the significant tax break provided to the middle class, which is expected to boost consumption next […]
Read MoreWe are now coming to the end of the third quarter earnings season. Earnings in general have been subdued except for a few stocks and sectors that have stood out. Results of companies are finally a derivative from the growth of the economy in general and as economic growth has slowed down so has the […]
Read MoreAs we start of the new year there are a large number of dynamics at play which will determine the course of the Stock Markets in the year 2025. As we look back the year 2024 was one of two halves (atleast in the Indian Context). The first half saw a strong rally which ignored […]
Read MoreThe Month of November was a volatile month for the markets with wide fluctuations and the markets correcting nearly 12% from the top before bouncing back somewhat. Finally for the month the markets ended down by 0.31% and the Midcap Index was flat. The key event of the month was obviously the US Presidential Markets […]
Read MoreThe month of September was a surprisingly bullish month for the markets driven by easing action by the US Federal Reserve, Stable economic growth parameters and finally economic revival measures announced by the Chinese authorities which added to the positive sentiments. FII flows picked up significantly during the month of September and crossed the entire […]
Read MoreThe month of August was an extremely volatile month for the stock markets where the markets initially sold off due to the sharp yen appreciation and unwinding of the Yen carry trade and then immediately bounced back to end flat to positive for the month. The spike in volatility in the initial part of the […]
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