Expert Zone

India Markets Weekahead: Overdue for correction

August 20, 2016

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

Markets in India continued to see consolidation for the sixth week in a row. Mid-cap and small-cap indexes outperformed the benchmark, gaining more than 2 percent for the week. The lack of triggers and an earnings season in line with expectations has led to markets trading sideways for the past few weeks. The rupee ended the week at 67.05 per dollar.

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.

India Markets Weekahead: Lack of positive triggers in the near term

September 29, 2013

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

Indian markets are in a corrective phase after RBI Governor Raghuram Rajan’s monetary policy review on Sept. 20 put a damper on investor expectations. If Rajan had played to the galleries, we would have seen a stock market bubble. The move from pessimism to euphoria — a rally of nearly 20 percent in less than three weeks — without any perceptible change in ground realities, would have led to a bull trap. Though participation levels were not high, FIIs had turned buyers and it would have been a matter of time before dormant market participants jumped into the fray.

India Market Weekahead – Volatility expected ahead of RBI policy review

September 15, 2013

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

After a rally of 500 points on the Nifty, markets consolidated at slightly higher levels to close at 5850 this week. It’s evident that hope keeps the market ticking — this time it was various measures by the new RBI governor, Raghuram Rajan,that cheered the markets.

India Markets Weekahead: Cash is king

September 1, 2013

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

Around mid-week, the Indian markets seemed akin to a sinking ship which saw unabated selling with Nifty hitting a low of 5,168 on Wednesday, before recovering sharply to close the week at 5,471 on the hopes of concrete action by the government to shore up the sentiments and the Reserve Bank of India’s moves to save the rupee.

India Market Weekahead – Inflation, FII inflows to be key

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.

Markets Weekahead: Not the right time to buy

April 28, 2013

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

The markets continued their winning streak in the past week, with the Nifty gaining another 1.52 percent to close at 5871 on Friday.

India Markets Weekahead: Time to wait and watch

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: Prudent to wait for the budget

February 23, 2013

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

India Markets Weekahead: New highs will be more robust

January 27, 2013

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