Expert Zone

India Markets Weekahead: Buy into the consolidation

By Ambareesh Baliga
September 13, 2015

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

Markets displayed a spirited bounce-back after nearly four weeks of decline with the Nifty closing at 7,789, or 1.7 percent higher, on the back of supportive global cues and several reforms by the government.

India Markets Weekahead: Testing times ahead as fear engulfs markets

By Ambareesh Baliga
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.

India Markets Weekahead: Data to drive stocks

By Ambareesh Baliga
August 30, 2015

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

A turbulent week saw the Nifty closing down 3.6 percent at 8,002, but this seems a marginal loss considering Monday’s intraday crash where the index touched a low of 7,667, its sharpest fall in 30 months. The week saw net selling to the tune of $1.9 billion by foreign portfolio investors with mid- and small-caps facing the maximum brunt.

India Markets Weekahead: Be greedy when others are fearful

By Ambareesh Baliga
August 23, 2015

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

Brokers trade on computer terminals at a stock brokerage firm in Mumbai

It was a week of contrasts with the Nifty trying to break above 8,500 levels during the first three days till cracks appeared on Thursday, which led to a sharp fall. Though the index recovered to about 8,300 from the lows of 8,235, there was an underlying fear that adverse international sentiments may have an overbearing effect on India’s markets.

Markets Weekahead: Short on cues, high on sentiment

By Ambareesh Baliga
August 16, 2015

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

The Nifty closed the week slightly lower at 8,518 but markets were volatile and threatened to break 8,350 levels before a spirited rally. Hopes of a rate cut by the Reserve Bank of India (RBI) ahead of its September monetary policy review and chances of a special parliament session for the Goods and Services Tax (GST) bill turned sentiment positive even as global cues remained weak.

India Markets Weekahead: Correction on the cards

By Ambareesh Baliga
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: Another opportunity to lighten commitments

By Ambareesh Baliga
August 2, 2015

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

Markets had a volatile July series expiry, and a spate of events like the monsoon session of parliament, the U.S. Fed meeting and June quarter results kept stocks edgy.

India Markets Weekahead: Parliament session holds the key

By Ambareesh Baliga
July 26, 2015

The Indian parliament building is pictured behind marigold flowers in New Delhi (Any opinions expressed here are those of the author and not of Thomson Reuters)

India Markets Weekahead: Better safe than sorry

By Ambareesh Baliga
July 19, 2015

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

Markets Weekahead: Volatility to continue

By Ambareesh Baliga
July 12, 2015

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