Expert Zone

India Markets Weekahead: Parliament holds the key

July 17, 2016

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

The Indian parliament building is pictured behind marigold flowers in New DelhiThe Nifty rallied past the psychological mark of 8,500 for the first time in 11 months to close at 8,541. Global markets were buoyed by better-than-expected U.S. jobs data and cheered the victory of Japan’s ruling coalition in the upper house election. PM Shinzo Abe is expected to unveil a fresh stimulus package to help the country’s stagnant economy.

India Markets Weekahead: Book partial profits and stay cautious

July 10, 2016

(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. India's benchmark BSE index fell more than 5 percent on Monday to their lowest in a year, as a rout in Chinese equities sparked widespread unrest in global financial markets. REUTERS/Danish Siddiqui - RTX1PEZF

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, August 24, 2015. REUTERS/Danish Siddiqui/Files

India Markets Weekahead: Nifty set to move higher

July 3, 2016

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

File Photo: A stock broker looks at a terminal while trading at a stock brokerage firm in Mumbai

India Markets Weekahead: Brexit – good time to invest in stocks

June 25, 2016

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

For stock markets, it’s always “expect the unexpected”. Most opinion polls on Britain’s EU referendum had been pointing towards a “Remain”, helping global markets rally mid-week with the Nifty touching a high of 8,270.

India Markets Weekahead: Global risks could dominate

June 11, 2016

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

The Nifty did not cross the 8,300 level despite early momentum, as negative cues from global markets and a rebound in crude oil prices dented sentiment this week. The index oscillated in the 8,150 – 8,300 range to settle at the lower end of the band, down 0.6 percent.

India Weekahead: Markets will look for global cues

June 5, 2016

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

A broker monitors share prices at a brokerage firm in Mumbai

Indian markets continued to consolidate and the Nifty ended the week 0.7 percent higher on the back of strong GDP growth numbers and above normal monsoon forecast. However, weak manufacturing and services data capped gains. Brent crude ended at $48 a barrel for the week while the rupee remained flat. FIIs were net buyers to the tune of $387 million.

India Markets Weekahead: Take some profits off the table

May 29, 2016

(Any opinions expressed here are those of the author and not of Thomson Reuters) A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai, March 4, 2015. REUTERS/Shailesh Andrade/Files

A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai, March 4, 2015. REUTERS/Shailesh Andrade/Files

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.