Expert Zone

India Markets Weekahead: Continue to book profits and wait for a healthy correction

August 7, 2016

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

A man looks at a screen displaying news of markets update inside the Bombay Stock Exchange building in Mumbai

The passage of the goods and services tax (GST) bill in the Rajya Sabha was already factored in by markets, which explains the lack of stock movement after the landmark event. We instead saw profit-booking before a late recovery due to a policy rate cut by the Bank of England and hopes of an RBI rate cut. The Nifty gained 0.5 percent for the week while the Sensex ended flat. FIIs were net buyers to the tune of $376 million.

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: Nifty set to move higher

July 3, 2016

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

India Markets Weekahead: Look for bargains during the Christmas sale

December 13, 2015

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

The stock market remained weak with the Nifty closing 2.2 percent lower at 7,610 last week. Investors were on tenterhooks over the passage of the Goods and Services Tax (GST) bill in parliament. Global markets were watchful of the crucial U.S. Federal Reserve meet that will decide the course of a rate hike cycle. Chinese trade data exhibited weakness for the fifth consecutive month, adding to nervousness.

India Markets Weekahead: Stock up for the new year

December 6, 2015

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

The Nifty corrected sharply by about 2 percent for the week to close below the crucial 7,800 mark on heightened prospects of a U.S interest rate hike in the coming days. Sentiment was also hit after the rupee fell to its lowest level in more than two years as it headed towards 67 against the dollar. FIIs sold equities worth $382 million over the past five trading sessions while DIIs bought stocks worth $385 million.

India Markets Weekahead: We’ve reached the bottom, time to go long

November 22, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters) A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. Indian shares fell more than 2 percent on Monday, heading for their biggest daily decline in nearly a month as Greece looked set to default on its debt repayment this week, sparking concerns about foreign selling in emerging markets. REUTERS/Danish Siddiqui - RTX1I8E4

A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui/Files

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: Parliament session holds the key

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)

Budget 2015: An economist’s wishlist

February 27, 2015

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

Budget 2015: Be careful what you wish for

February 24, 2015

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