Expert Zone

India Markets Weekahead: A spirited rally may be a distant dream

By Ambareesh Baliga
June 23, 2013

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

The week began with the Reserve Bank of India (RBI) maintaining status quo on rates as expected at its mid-quarter monetary policy review. The trade deficit widened to $20.14 billion, a seven-month high and up 13.18 percent over the previous month. Gold seems to be the culprit again and government restrictions don’t seem to deter Indians from buying gold.

India Markets Weekahead – Volatility seen as RBI policy review in focus

By Ambareesh Baliga
June 16, 2013

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

Volatility is here to stay and trying to predict the markets on a daily basis is a futile exercise. It’s no better than tossing a coin.

India Market Weekahead – Inflation, FII inflows to be key

By Ambareesh Baliga
May 12, 2013

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

The bulls are back and their four-week winning streak saw the Nifty close at a 29-month high of 6107 on Friday, up about 2.75 percent for the week. Liquidity flows remain robust, fuelling the momentum despite political heat in New Delhi.

India Markets Weekahead: Time to wait and watch

By Ambareesh Baliga
April 14, 2013

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

A volatile week saw the Nifty closing 0.45 percent lower at 5528 after disappointing numbers from IT bellwether Infosys, which missed expectations on most parameters. The Bangalore-based company’s results also affected other IT stocks, with a number of them closing lower.

India Markets Weekahead: Beware the Ides of March

By Ambareesh Baliga
March 10, 2013

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

Markets ended budget week below support levels of 5800/5840 and just when the six-month rally seemed over for good, it made a spirited V-shaped recovery to close at 5946 on Friday, with gains of 3.95 percent. The Street is divided with some expecting this to be the beginning of a new rally with the market scaling highs that it missed in February; others see it as a strong pullback which will fizzle out soon.

Budget 2013: An opportunity missed

By Ambareesh Baliga
March 1, 2013

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

Nifty to consolidate after crossing psychological barrier of 6000

By Ambareesh Baliga
December 8, 2012

High drama in parliament and volatility in the markets, albeit within a tight range, summarizes the action for the week.

India Markets Weekahead – An opportunity to ride the rally

By Ambareesh Baliga
December 1, 2012

(The views expressed in this column are the author’s own and do not represent those of Reuters)

India Markets Weekahead – It’s a no trade zone for now

By Ambareesh Baliga
November 25, 2012

(The views expressed in this column are the author’s own and do not represent those of Reuters)

India Market Weekahead: Trading subdued but markets back on track

By Ambareesh Baliga
November 11, 2012

(The views expressed in this column are the author’s own and do not represent those of Reuters)