at the very Core of it all … is Content!
27th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline In the June series, the Nifty plunged 7.3% while the Sensex declined 6.7%. The Indian equity market ended the June series today on a bright note with investors perhaps relieved that the series has ended. The June series had it all, a …
26th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline The Indian equity market which traded in a tight range for most part of the day, shed away its gains in the last half an hour of trade. Fears of a weaker rupee further impacted India’s precarious current account deficit once again …
25th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline Shanghai Surprise: Market does a trapeze on China concerns The benchmark indices closed off the day’s high on Tuesday amid huge volatility. It opened flat, bounced back, but failed to sustain thrice. However, a strong opening in Europe and a recovery in …
24th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) That sinking feeling….Nifty ends below 5600 The torrent unleashed by fears of an early rollback of stimulus along with weak economic cues culminated in benchmark indices getting the blues on Monday. It was a …
TGIF: Thank God Indices Flat! It was a highly volatile trading session. The markets started the day a little in the red and weakened briefly. Thereafter buying in select blue-chips kept the indices in green for major part of the day. The last hour and a half was extremely choppy with the main indices falling …
17th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) The indices started the week with smart gains extending its upswing for the second consecutive trading session. Ahead of the Reserve Bank’s monetary policy, the market traded flat with a slight negative bias. However, the benchmark …
“Although headline and core WPI inflation continues to decline sharply and are at multi-year lows, the RBI had no choice but to maintain status quo on the Repo rate front, on account of the 9% depreciation in the Rupee since 1st of May. The US Dollar has been strengthening, particularly against countries with high Current …
“It would by a tough policy decision to be made by RBI on Monday in weighing between accentuated growth slowdown, lower wholesale inflation on one side and stubborn food inflation, potential upside risks to inflation outlook due to rupee depreciation, heightened CAD financing risks on the other side. We think RBI has more justifiable reasons …
13th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) “Sun Pharma settled an ongoing litigation regarding generic pantoprazole pending in the U.S. District Court with lump-sum payment of US$550mn. The settlement is much higher than the provision of US$108mn done by Sun Pharma. Currently the …
12th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline “Reinforcing that economic activity remains anemic and that it would be premature to expect a quick turnaround, April IIP data came below market expectations and the May print. CPI for May at 9.31% was also disappointing as the street was expecting a …