Expert Zone

India Markets Weekahead: Time to deploy cash

May 22, 2016

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

Markets corrected in a volatile week on fears of a rate hike by the U.S. Fed as early as next month. The Nifty closed down 0.83 percent for the week at 7,750. Sentiment was also affected by SEBI’s decision to introduce tighter norms for P-Notes leading to concerns about future foreign equity inflows.

India Markets Weekahead: Nifty at 8,000 – the wait just got a little longer

May 15, 2016

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

The 8,000 mark remained elusive for the Nifty, although the index managed to gain 1 percent during the week despite Friday’s fall. Investors had initially cheered passage of the new bankruptcy law in parliament, but concerns arising over amendments to the country’s tax treaty with Mauritius weighed on bourses. Dismal headline inflation and industrial production numbers worsened sentiments. FIIs continued to be net buyers of shares to the tune of $89.53 million during the week.

India Markets Weekahead: Wait for the next leg of the rally

May 8, 2016

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

Markets continued to correct and consolidate at lower levels after a sell-off in global stocks. Disappointing domestic macro data and some dismal quarterly numbers also hurt sentiments. The Nifty fell 1.5 percent during the week to close at 7,733. FIIs were net sellers to the tune of $116.6 million.

India Markets Weekahead: Prepare for the next big move

May 1, 2016

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

 

The Nifty was volatile within a 150-point band during the week, failing yet again to cross the 8,000 mark and closing with a minor loss of 0.6 percent at 7,850. FIIs were net buyers to the tune of $252.48 million. The rupee remained flat, ending at 66.4 against the dollar.

India and China key partners in keeping Afghanistan stable

February 15, 2016

A U.S. soldier from the 3rd Cavalry Regiment shields himself from the rotor wash of a UH-60 Blackhawk helicopter after being dropped off for a mission with the Afghan police near Jalalabad in the Nangarhar province of Afghanistan December 20, 2014. REUTERS/Lucas Jackson/Files

What India needs to learn from the Pathankot air base attack

January 8, 2016

A security personnel stands guard on a building at the Indian Air Force (IAF) base at Pathankot in Punjab, January 5, 2016. REUTERS/Mukesh Gupta/Files

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

India Markets Weekahead: Time to book some profits

October 25, 2015

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

Indian shares marked their fourth consecutive week of gains with the Nifty adding 0.70 percent at 8,295, a notch below the crucial 8,300 levels. Encouraging corporate results and support from global indices helped markets stay higher.

India Markets Weekahead: Outlook positive, but stay cautious

October 18, 2015

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

A spirited rally late on Friday saw the Nifty close 0.5 percent higher at 8,238. The index otherwise traded in a narrow range of 8,100-8,200 throughout the week. A mix of disappointing corporate results on one hand and stimulus hopes in China and Japan on the other offset each other.

India Markets Weekahead: Worst behind us, but bull run not quite here yet

October 10, 2015

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

The Nifty closed the week up nearly 3 percent at a seven-week high of  8,189, comfortably above the psychologically important support level of 8,000. The rally was supported by global markets that turned bullish on expectations of U.S. interest rates remaining low for longer than previously thought, amid weaker-than-expected U.S. economic data and a surprise rally by commodities. Closer home, sound bites from New Delhi seem to suggest the government wants to be seen as being proactive to mend the economy.

India Markets Weekahead: Monetary policy to decide trend

September 27, 2015

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

Volatility marked the truncated trading week ahead of the derivative contract expiry, and a 3.5 percent drop for the Nifty early on followed by a spirited bounce-back midweek left a number of market participants confused. The index ended the week with a loss of 1.42 percent at 7,868.