Expert Zone

India Markets Weekahead: Wait for a correction

August 28, 2016

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

Markets remained sideways in the absence of any major trigger and the Nifty ended the week lower by 1 percent at 8,592. The index failed to breach the 8,700-8,750 band yet again as caution prevailed ahead of a speech by Fed Chair Janet Yellen, who told a global monetary policy conference after Indian markets closed on Friday that the case for a rate increase in the U.S. had grown stronger.

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: Book some profits as markets will consolidate

April 17, 2016

(Any opinions expressed here are those of the author and not of Thomson Reuters) Brokers trade at their computer terminals at a stock brokerage firm in Mumbai January 6, 2015. REUTERS/Shailesh Andrade

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai January 6, 2015. REUTERS/Shailesh Andrade

India Markets Weekahead: Corrections are opportunities to buy

April 10, 2016

(Any opinions expressed here are those of the author and not of Thomson Reuters) Brokers trade at their computer terminals at a stock brokerage firm in Mumbai, August 25, 2015. REUTERS/Shailesh Andrade

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. REUTERS/Shailesh Andrade/Files

India Markets Weekahead: Time to start buying again

March 13, 2016

A screen displaying  Finance Minister Arun Jaitley presenting the budget is seen on a facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, February 29, 2016. REUTERS/Danish Siddiqui

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

India Markets Weekahead: Use gains to reshuffle portfolio

March 6, 2016

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

A confluence of positive factors, both global and local, led to a sharp rally in Indian stocks. The budget did not have anything positive for markets but it put to rest fears of re-introduction of a long-term capital gains tax which was worrying investors for the past month. From the panic lows of 6,850 on budget day, the Nifty rallied to end the week almost 6.5 percent higher.

Budget 2016: Hopes of market bounceback fizzle out

March 1, 2016

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

The wild gyrations in the stock market on Budget day were due to initial disapproval over inadequate measures taken to recapitalise banks and the seemingly unfair corporate tax treatment for large firms that form the bulk of market capitalisation.

India Markets Weekahead: China weighs, but Nifty could rise

January 10, 2016

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

Markets across the world had one of their worst opening weeks ever on rising concerns of a global economic slowdown led by China and geopolitical concerns in the wake of North Korea’s nuclear test. In India, the Nifty index ended the week at 7,601, down 4.5 percent.

India Markets Weekahead: Starting the New Year on a positive note

January 3, 2016

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

Markets inched up about 1 percent in a dull week with the Nifty closing at 7,963. The low participation was on account of holidays for major institutions and volumes remained low.

India Markets Weekahead: Bihar to decide near-term course

November 1, 2015

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

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai February 6, 2014.The Nifty saw losses every trading day during the week to close 2.8 percent lower at 8,065. Derivative contract expiry, disappointing September quarter earnings, worries that the BJP-led alliance may not do well in the Bihar election and indications of rate hike by the U.S. Fed in December contributed to market jitters.