Expert Zone

Budget 2016: Boost internet infrastructure, digital transaction

February 24, 2016
Photographers take pictures of Apple's new laptop "Macbook Air" during its launch in India at a function in Mumbai February 12, 2008. "Macbook Air", which is priced from INR 96,100 (around $2,450), is the  world's thinnest notebook, according to an Apple press release. REUTERS/Arko Datta (INDIA) - RTR1WZNR

Photographers take pictures of Apple’s laptop “Macbook Air” during its launch in India at a function in Mumbai February 12, 2008. REUTERS/Arko Datta/Files

In defence of the defensives: Why IT, pharma stocks are not pariahs

April 21, 2014

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

Expectation that the ongoing general election will throw up a stable government has spurred a return to risk in domestic equities. The consequent rally has meant those favoured defensives of the sluggish times – information technology and pharma stocks – received a shearing.

India Markets Weekahead: ‚ÄéRide the election rally but skim the profits

March 23, 2014

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

The market began the week on a high note after an extended weekend but could not sustain the rally due to profit booking. The Nifty was at a high of 6570 on Tuesday but the rest of the trading days remained lackluster and it ended the week with a marginal loss – at 6495 after the extended trading session on Saturday.

India Markets Weekahead: Markets move into pre-election rally

March 9, 2014

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

A spectacular rally in the last few days has put the market in a pre-election mode, buoyant with hopes of a stable and reform-oriented government. Led by institutional buying and the resultant short squeeze, the markets rallied more than 3 percent in the last two trading sessions – closing the week at 6526, a record high for Nifty. The markets seemed to have moved into a new territory with metals, realty, banking, capital goods, infrastructure and energy sectors participating in the rally.