from Expert Zone:

Budget 2016: Hopes of market bounceback fizzle out

March 1, 2016

(Any opinions expressed here are those of the author and not of Thomson Reuters)

The wild gyrations in the stock market on Budget day were due to initial disapproval over inadequate measures taken to recapitalise banks and the seemingly unfair corporate tax treatment for large firms that form the bulk of market capitalisation.

from Expert Zone:

India Markets Weekahead: Hope rally ends, but not the India story

February 14, 2016

(Any opinions expressed here are those of the author and not of Thomson Reuters)

When markets came crashing down last week, it seemed like January 2008 all over again. A global rout, alarming slippages by public sector banks and disastrous corporate Q3 results pushed the Nifty down 6.8 percent, with mid- and small-cap stocks taking the brunt of the selloff. The triggering of margin calls also accentuated selling pressure and it seemed a number of long-term investors were throwing in the towel as the Nifty closed at 6,980.
Bombay Stock Exchange building is pictured next to police van in MumbaiSentiments across the globe dampened after the Federal Reserve said global economic turmoil and a massive selloff in equity markets could spook the U.S. economy. Crude touched a 12-year low on fears of higher stockpiles. The stock market risk-off resulted in a gold rally of 18 percent this year, driving prices to a high of $1,247 an ounce. Meanwhile, foreign portfolio investors pressed the sell button, offloading stocks worth $413 million. Support from domestic institutional investors was ineffective with shares worth $258 million bought during the week.

from Expert Zone:

India Markets Weekahead: China weighs, but Nifty could rise

January 10, 2016

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Markets across the world had one of their worst opening weeks ever on rising concerns of a global economic slowdown led by China and geopolitical concerns in the wake of North Korea’s nuclear test. In India, the Nifty index ended the week at 7,601, down 4.5 percent.

from Expert Zone:

India Markets Weekahead: Starting the New Year on a positive note

January 3, 2016

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Markets inched up about 1 percent in a dull week with the Nifty closing at 7,963. The low participation was on account of holidays for major institutions and volumes remained low.

from Expert Zone:

Markets Yearahead – Spotlight to be on India in 2016

December 27, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters)
The Bombay Stock Exchange (BSE) building is pictured next to a police van in Mumbai, India, August 24, 2015. REUTERS/Danish Siddiqui/Files

from Expert Zone:

India Markets Weekahead: Buy into the consolidation

September 13, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Markets displayed a spirited bounce-back after nearly four weeks of decline with the Nifty closing at 7,789, or 1.7 percent higher, on the back of supportive global cues and several reforms by the government.

from Expert Zone:

Markets Weekahead: Volatility to continue

July 12, 2015

(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)

from Expert Zone:

India Markets Weekahead: Time to wait and watch

July 4, 2015

(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)

from Expert Zone:

India Markets Weekahead: Don’t get carried away by near-term sentiments

May 31, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters)

The Nifty remained extremely volatile during the week to eventually end flat at 8,433. The sharp fall at the start of the week was due to extremely low volumes, which was compensated by a sharp bounce-back at the end on very high institutional buying.

from Expert Zone:

India Markets Weekahead: Bulls in control but no catalysts for next big move

May 24, 2015

(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)