Markets

Pakistan currency, Pakistani rupee, pakistan demonetisation

Pakistani rupee free fall continues; tipped to plunge to 200 against US dollar

The IMF had warned Pakistan in 2017 that the currency was overvalued by as much as 20 percent. The country's economy is in the grip of a crisis with a soaring debt and rising inflation.

May 30, 2019

Alibaba plans to raise $20 billion in a blockbuster Hong Kong listing

Alibaba plans to raise $20 billion in Hong Kong listing

Alibaba is considering to raise as much as $20 billion through a secondary listing in Hong Kong, lining up a second blockbuster deal, following its 2014 $25 billion float in New York.

May 28, 2019

BJP 2.0 and markets: Investors with long-term view to reap great returns

After BJP's triumph in the Lok Sabha elections 2019, the market has given initial reaction to the political outcome and it may last for another couple of days.

May 27, 2019

Will proposed reforms in gold trade make buying of the yellow metal difficult?

Law changes will make online transaction mandatory for buying more than 5 grams of gold in the spot market; government plans to revamp the gold monetisation scheme (GMS) to make it more people friendly.

May 26, 2019

Market may pause for clarity on Modi 2.0 policy direction before resuming rally

A volatile week of Lok Sabha election results pushed Sensex to an all-time high of 40,124 points and Nifty 12,041, revealing the market's confidence in the incoming government; market awaits the return of FIIs for the next big rally

May 26, 2019

inflation, retail inflation, inflation for march 2017, india news, indian economy

Will consumption slowdown impact Indian economy?

A look at the historic performance of the FMCG sector (or consumer staples) reveals that it has been the silent star performer of the Indian equities market.

May 21, 2019

Nifty hits all-time high of 11,883 points on May 21 and Sensex 39,571

Sensex may hit 40,000 on election results day; indices hit all-time highs

Momentum from exit polls predicting Prime Minister Modi's return to power continues to push the market up even though volatility worries persist ahead of the counting day on Thursday

May 21, 2019

Sensex gains 100 points, Nifty over 11,850 as markets extend rally to 4th day

Sensex traded 126.99 points - or 0.32 per cent - higher at 39,479.66 while the Nifty was up 29.50 points - or 0.25 per cent - at 11,857.75.

May 21, 2019

Has PM Modi-led BJP exorcised ghosts of Vajpayee-led 2004 'India Shining' campaign?

The exit polls predict that the NDA could win between 267 and 354 seats in the 543-member Lok Sabha.

May 20, 2019

sensex at all time high, sensex at new high, indian stock markets, djia at record high, djia makes history

Market's exit poll boost could bring the bulls back if Nifty closes above 11,750

Volatility could return in days ahead within the Nifty consolidation range of 11,550-11,850 during the government-forming days; realty, PSU banks may gain further.

May 20, 2019

Sensex, Nifty hit record highs after exit polls predict sweeping victory by BJP

The S&P BSE Sensex jumped 1,032 points at 38,963 while the Nifty 50 climbed 308 points to 11,715 on Monday.

May 20, 2019

Timing of Trump's Huawei rap calculated to escalate US trade war with China

Executive order opens the door for putting Chinese telecom giant Huawei and affiliates on Entity List claiming they are engaged in activities contrary to US national security or foreign policy interest

May 16, 2019

Markets' pause deceptive after the Monday mayhem that erased $1.4 trillion

As Trump policy zigzags between a call for talks and more pain on China, the uncertainty may accelerate fall to lower bottoms after Wednesday's dead-cat bounce.

May 15, 2019

Claims for up to Rs 1 lakh crore may hit Anil Ambani-led RCom in bankruptcy case

Domestic and international lenders, operational creditors, government agencies, and telecom tower companies have started filing claims ahead of May 21 deadline.

May 13, 2019

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Sell-on-bounce guidance remains; market under pressure as futures premiums slim

Volatility is expected to rise further with only one more round of the seven-phase election remaining; traders watch global markets amid US-China trade war rhetoric.

May 13, 2019