Expert Zone

Illiquidity by design

By Pranjul Bhandari
January 29, 2016
A private money trader counts Indian Rupee currency notes at a shop in Mumbai August 1, 2013. India's central bank intervened in the foreign exchange market on Thursday to stop the rupee's slide toward a record low as its defence of the currency, built around draining cash from money markets, came under rising pressure.  REUTERS/Vivek Prakash (INDIA - Tags: BUSINESS) - RTX126TL

A private money trader counts rupee notes at a shop in Mumbai August 1, 2013. REUTERS/Vivek Prakash/Files

India Markets Weekahead: Stock up for the new year

By Ambareesh Baliga
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: Time to cherry pick as markets react to Bihar

By Ambareesh Baliga
November 8, 2015

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

The election result in Bihar would influence investors in the coming week. Voters have given a clear mandate to the “Mahagathbandhan” partnership of the Janata Dal (United), Rashtriya Janata Dal and Congress against Prime Minister Narendra Modi’s National Democratic Alliance. Market expectations of Modi’s alliance winning in Bihar were tapering over the last few days and exit polls also pointed towards a tightly fought election — but a rout had not been expected. A gap down opening on Monday is foretold.

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: 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)

The road ahead for Indian markets

By Aviral Gupta
May 11, 2015

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

India Markets Weekahead: Spring clean your portfolio and buy pedigree stocks

By Ambareesh Baliga
May 3, 2015

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

Why India may come out on top after Fed rate hike

By Aviral Gupta
March 17, 2015

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

India Markets Weekahead: Difficult to maintain momentum

By Ambareesh Baliga
January 4, 2015

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