For the second time in three months RBI’s monetary policy announcement has led to a breakdown in the build up of a positive trend in the markets. A 25 basis points increase would have led to the continuation of the rally and we should have seen markets at around 6000/6100 for the Nifty by August […]
Read MoreAs the ancient saying goes, that is what has been happening in the financial markets since the beginning of the current month. After Greece, Portugal and Ireland got downgraded to Junk the speculators have now trained their guns on Italy and Spain, as a result of which we have seen extreme volatility in the financial […]
Read MoreThe month of June turned out to be a very interesting one for the markets where the markets sold off in the early part of the month due to negative news flow on global markets as well as the biggest concern over the last few months i.e. inflation. In the middle of the month there […]
Read MoreREUTERS CRB INDEX Most of the major events scheduled for this month are now behind us with the IIP data (downside surprise), inflation (upside surprise) and the RBI policy (no surprise) getting over today. Under the circumstances the movement of the markets till the end of the month again goes back to that of following […]
Read MoreThe month of May again turned out to be a boring one for the stock markets. The markets drifted down right from the beginning of the month and we saw a slow and steady decline in both the front line and broader indices in the first three weeks of the month. The drift in the […]
Read MoreOver the last 10 days we have seen a sharp sell off in commodity prices after an unprecedented run up since last May/June which saw the prices of most commodities rally anywhere between 40-100% plus. The rise in prices initially obviously was fuelled by a greater confidence on economic growth prospects as well as reducing […]
Read MoreThe much anticipated monetary policy by the RBI took place today where the Reserve Bank finally gave way to arm chair economists and hiked rates by 50 basis points as against an expected 25 basis points. The apparent reason for the same is to anchor inflationary expectations. However the reality is that this has been […]
Read MoreWith the results season now beginning to start in all earnest it is important to see how results have panned out till now and the key takeaways from the same. The most prominent results out till date have been from the Technology and the Banking segment. Technology sector results have been positive in general and […]
Read MoreWith inflationary pressures continuing to be high across the board and the huge upmove in commodity prices not showing any signs of cooling off it is important to see who is impacted by inflation the most and how the inflation of crude prices will impact various economies. At a price of USD 100 per barrel […]
Read MoreThe stock markets have bounced back quite smartly from the depths that they saw in the months of January and February. At the end of February when all hell had broken loose with most people expecting the markets to correct further and the Nifty and Sensex to reach 4800 and 16000 respectively, my view was […]
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