at the very Core of it all … is Content!
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 …
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 …
“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 …
30th May, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) How will the June series pan out? Amar Ambani, Head of Research at IIFL, expects the Nifty to trade in the 5,900-6,400 range. “Long rollovers in Nifty paved way for a positive finish to the May …
27th May, 2013 : Monsoons, RIL propel Nifty near 6100 levels The Indian equity market extended gains for the second consecutive trading session on the trot on news that the monsoon is likely to touch the Arabian coast in the next three days. The technical pullback resulted in the Nifty almost touching the 6,100 mark. …
The equity market ended in the negative, snapping a four-day winning streak. Starting off the week on tepid global cues, the market was gripped by profit-booking at higher levels. Intense selling pressure was seen in pharmaceuticals, consumer durables and oil and gas space. Last week’s outperformers — banking stocks — were under pressure in today’s …
The Indian equity market extended its rally for the fourth straight session even though the global rating agency Standard & Poor’s (S&P) affirmed BBB- rating for India with a negative outlook. Capital goods stocks which were underperformers in the current rally staged a comeback. Market buzz is that the government may kick-start activities to push …
The US dollar (USD) is seeing renewed strength and this strength is giving asset classes across the globe a new direction. Equities have rallied and oil prices have fallen over the last two years on the back of the USD strength. Indian equities and bonds are benefiting from the dollar strength. The Indian rupee (INR) …