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Ambareesh Baliga

India Markets Weekahead: Time for a consolidation

14 Oct 2018

Indian indices, already reeling from the IL&FS crisis, falling rupee and high oil prices, got another jolt from a selloff in U.S. stocks following President Donald Trump's scathing remarks against the Federal Reserve. Adding to investors' concerns was the IMF’s prediction that the global economy will grow at a slower pace of 3.7 percent compared to its earlier expectation of 3.9 percent. This deepened the cuts during the first half of the week. The Nifty, however, rebounded from the extremely oversold territory to end the week 1.5 percent higher.

India Markets Weekahead: Wait for consolidation before making a move

07 Oct 2018

Markets posted their worst week in 31 months, with the Nifty losing all the gains it had made in 2018 to end at 10,316. A confluence of factors including the RBI’s surprise decision to keep the repo rate unchanged, fears that the government will move away from deregulation of fuel, and the IL&FS fiasco led to an extended decline spanning five weeks.

India Markets Weekahead: Wait out the storm

30 Sep 2018

Markets ended in the red for the fourth consecutive week led by a sharp correction in financial services. Sentiment remained cautious after the government raised import tariffs on select goods and the RBI announced measures to ease liquidity concerns.

India Markets Weekahead: Stay calm, stay put

23 Sep 2018

India’s benchmark indices ended near two-month lows after an extremely volatile session on Friday triggered by panic selling in NBFCs, particularly housing finance firms, on fears of debt default.

India Markets Weekahead: Don’t mind the volatility

16 Sep 2018

Markets had a roller-coaster ride to extend their losses for a second week. Stocks fell sharply in the initial part of the week after the rupee hit a fresh low of 72.9 against the dollar.

India Markets Weekahead: Momentum to continue

09 Sep 2018

Markets snapped their longest stretch of weekly gains since January after the rupee declined to a fresh low, raising concerns about the outlook on economic and earnings growth.

India Markets Weekahead: Hold positions and look for profits

26 Aug 2018

Markets extended their winning streak to a fifth consecutive week as benchmark indexes again hit life highs. The Nifty ended up 0.75 percent at 11,557 while the mid-cap index outperformed and was up 1.5 percent.

India Markets Weekahead: Hold positions and ride this rally

19 Aug 2018

Markets extended their winning streak to the fourth consecutive week as expectations of easing trade tensions between China and the United States cheered traders. A largely positive earnings season added to sentiments and relieved market fears on the valuation front.

India Markets Weekahead: Time to ride the uptrend

12 Aug 2018

Markets edged higher with India’s benchmark indexes hitting fresh lifetime highs, although the marginal underperformance of mid-cap and small-cap indexes continued. Lingering trade war worries kept the mood cautious globally while SBI’s June-quarter results dampened sentiments. For the week, the Nifty ended up 0.6 percent to settle at 11,429.

India Markets Weekahead: Time to ride the bull rally

05 Aug 2018

Markets extended gains for the fifth consecutive week even as tepid global cues played spoilsport. In its policy review, the Reserve Bank of India raised repo rates by 25 bps as the fallout of rising inflationary pressure in the near future prompted the central bank to front-load its action.

World News

Turkey questions employees of Saudi consulate on Khashoggi

Turkish prosecutors investigating the disappearance of Saudi journalist Jamal Khashoggi questioned Turkish employees of the Saudi consulate in Istanbul on Friday, widening the hunt for clues in a case straining Riyadh's alliance with Western powers.