Expert Zone

India Markets Weekahead: Build your portfolio as markets consolidate

October 4, 2015

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

The Nifty closed a percent higher to end the truncated week at 7,951 after threatening to fall below crucial support levels prior to the Reserve Bank of India’s monetary policy review. The bigger-than-expected 50 bps repo rate cut surprised markets, resulting in a robust pull-back.

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.

Hyundai makes a grand move with the Grand i10

August 7, 2013

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