Expert Zone

The future of health in India

September 21, 2015

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

India Markets Weekahead: Mid-caps will be in action amid consolidation

September 20, 2015

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

A trader works underneath a television screen showing Federal Reserve Chair Janet Yellen announcing that the Federal Reserve will leave interest rates unchanged on the floor of the New York Stock Exchange in New York September 17, 2015.  REUTERS/Lucas Jackson  The U.S. Federal Reserve’s decision to hold rates came as a relief for Asian markets, especially in India where the Nifty ended the week at 7,982, or 2.5 percent higher. However, U.S. and European markets corrected sharply on Friday due to Fed chief Janet Yellen’s comments over China’s economic slowdown.

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.

UAE an ideal trade partner for India

September 9, 2015

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

Prime Minister Narendra Modi’s trip to the United Arab Emirates (UAE) last month was important in many ways, not least because it was the first visit to the gulf country by an Indian premier in 34 years.

India Markets Weekahead: Testing times ahead as fear engulfs markets

September 6, 2015

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

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, August 24, 2015. REUTERS/Danish Siddiqui Markets had their worst weekly fall in about four years with the Nifty closing at a 13-month low of 7,655 amid weak global cues and disappointing domestic data. Even the government’s decision to waive retrospective imposition of a minimum alternative tax (MAT) affecting foreign funds failed to lift investor sentiments. Foreign portfolio investors continued to sell heavily, resulting in net outflow of $470 million.

India Markets Weekahead: Data to drive stocks

August 30, 2015

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

A turbulent week saw the Nifty closing down 3.6 percent at 8,002, but this seems a marginal loss considering Monday’s intraday crash where the index touched a low of 7,667, its sharpest fall in 30 months. The week saw net selling to the tune of $1.9 billion by foreign portfolio investors with mid- and small-caps facing the maximum brunt.

As China slows, India has what it takes provided it strengthens defences

August 27, 2015

There is a complex web of interconnectedness between a slowing China, a recovering India, a restless exchange rate, and elusive exports. However, as we parse through these, a single message emerges – structural reforms to strengthen domestic markets may more than offset possible disruptions caused by an economic slowdown in China.

India Markets Weekahead: Be greedy when others are fearful

August 23, 2015

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

Brokers trade on computer terminals at a stock brokerage firm in Mumbai

It was a week of contrasts with the Nifty trying to break above 8,500 levels during the first three days till cracks appeared on Thursday, which led to a sharp fall. Though the index recovered to about 8,300 from the lows of 8,235, there was an underlying fear that adverse international sentiments may have an overbearing effect on India’s markets.

Markets Weekahead: Short on cues, high on sentiment

August 16, 2015

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

The Nifty closed the week slightly lower at 8,518 but markets were volatile and threatened to break 8,350 levels before a spirited rally. Hopes of a rate cut by the Reserve Bank of India (RBI) ahead of its September monetary policy review and chances of a special parliament session for the Goods and Services Tax (GST) bill turned sentiment positive even as global cues remained weak.

India Markets Weekahead: Correction on the cards

August 9, 2015

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

Markets remained flattish throughout the week in the absence of any trigger after the RBI maintained status quo on repo rates, with the Nifty ending up around 0.4 percent at 8,564.