Archive for July, 2018
07/31/2018
Taking the new public sector enterprises policy forward, the finance ministry has assigned the department of public enterprises to identify as well as seek Cabinet approval for the central public sector enterprises (CPSEs) to be privatised in the non-strategic sector. After the Cabinet approval, the department of investment and public asset management (Dipam) will execute
07/31/2018
NSE Nifty 50 has more than doubled from the lows of March 2020, hitting a record high of 15,432 earlier this week. The rally has been fueled by Union Budget optimism, foreign fund inflows, and buoyant global markets. Naveen Kulkarni, Chief Investment Officer, Axis Securities, tells Surbhi Jain of Financial Express Online that NSE Nifty
07/31/2018
By Nagaraj Shetti After showing a fine intraday upside recovery from the lows on Tuesday, Nifty continued with selling momentum on Wednesday amid volatility and closed the day lower by 154 points. The intraday upside recovery of mid part has failed to sustain and the weakness got intensified in the later part of Wednesday Nifty
07/31/2018
An anti-conversion bill proposed by the BJP government in Karnataka to prevent forced religious conversion of persons from Scheduled Caste, Scheduled Tribe communities, minors and women, to another religion has proposed a maximum punishment of 10 years of imprisonment. The Bill named the Karnataka Protection of Right to Freedom of Religion Bill 2021 has faced
07/31/2018
By Manish M Suvarna Even as state-owned banks are tapping the corporate bond market with additional tier-1 (AT-1) bonds, private banks have stayed away, as demand from mutual funds continues to be muted after the write-down of Yes Banks perpetual bonds last year. Some private banks are instead opting for overseas markets for fundraising, given
07/31/2018
By Kashyap Javeri The Indian equity markets, like most of the global equity markets, have been on a rollover last eighteen months. From the lows of March 2020, the large-cap indices have gained nearly 100-110% and the mid small-cap indices have gained by 150%-200%. In fact, if one looks at BSE Midcap Select Index which
07/24/2018
By Piyush Gupta After having hit their record highs in October, the equity markets have moved sideways in a small bout of volatility. Investors would be nervous of the market levels and the recent volatility. What if it is a bubble? What if there is a third wave? Should one exit while the going is
07/24/2018
Nifty futures tumbled 84 points or 0.47 per cent to 17640.50 on Singaporean Exchange, hinting at a heavy sell-off in BSE Sensex and Nifty 50. Technical analysts say daily charts show that the key support level for the Nifty is 17,580. It managed to close above its 15-day exponential moving average of around 17, 541
07/24/2018
By Bhavik Patel The Fed may have wrongly anticipated inflation to be transitory. Inflation is not transitory and that will be the most important thing in determining the direction of the economy and the markets. We are looking at global tightening and it is going to have major repercussions. I have already stated before, that
07/24/2018
As the release date of Allu Arjun starrer Pushpa: The Rise comes near, expectations about the film faring well on the box-office have risen. The film, which is slated for release on Friday, marks the coming back of actor Allu Arjun, director Sukumar, and music composer Devi Sri Prasad together. It is worth pointing out
