Expert Zone

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.

No economic case for another rate cut soon

By Rupa Rege Nitsure
July 30, 2015

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

There is no doubt that India’s growth has not picked up in line with expectations. In fact, most activity indicators — whether it’s manufacturing growth, corporate earnings, power generation, passenger vehicle sales, exports growth or non-food credit offtake of commercial banks — have shown increasing weakness in recent months.

Markets Weekahead: Greek tremors could be felt in India

By Ambareesh Baliga
June 28, 2015

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

India Markets Weekahead: Get ready for a fire sale

By Ambareesh Baliga
June 7, 2015

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

What next after RBI cuts rate for third time in 2015?

By Aviral Gupta
June 2, 2015

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

The Reserve Bank of India (RBI) Governor Raghuram Rajan listens to a question during a news conference, after the bi-monthly monetary policy review, in MumbaiThe Reserve Bank of India (RBI) on Tuesday cut its benchmark repo rate by 25 bps to 7.25 percent while maintaining the cash reserve ratio (CRR) steady at 4 percent and the statutory liquidity ratio (SLR) at 21.5 percent.

India Markets Weekahead: Don’t get carried away by near-term sentiments

By Ambareesh Baliga
May 31, 2015

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

The Nifty remained extremely volatile during the week to eventually end flat at 8,433. The sharp fall at the start of the week was due to extremely low volumes, which was compensated by a sharp bounce-back at the end on very high institutional buying.

Markets Weekahead: Lighten positions, hold cash for opportunities

By Ambareesh Baliga
April 5, 2015

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