As global geopolitical tensions escalate and crude oil prices edge higher, Kotak Mahindra Asset Management Company’s Managing Director Nilesh Shah has warned that any sharp spike in crude oil or disruption in supply could have a negative impact on Indian equity markets. “Indian equity and rates market is like a man having average temperature as … Read more
The middle class swooned with delight at the tax cuts in the budget, but the stock markets barely moved. Why so? Because finance minister Nirmala Sitharaman‘s speech about a bright future was silent on the sharp, continuing fall of Indian stock markets and the rupee ever since it became clear that Donald Trump was going … Read more
Seth R Freeman of GlassRatner Advisory & Capital Group, says yesterday showed some reaction to serious worries about Trump’s tariff plans. It’s still not clear which tariffs will be put in place immediately. He isn’t starting them with China just yet. Instead, he is using the threat of tariffs to pressure Colombia into taking back … Read more
MUMBAI: A clear mandate for the Bharatiya Janata Party in three key northern states of India is all set to rejuvenate Dalal Street bulls and take markets higher when trade resumes on Monday. Following the assembly elections in Chhattisgarh, Madhya Pradesh, Mizoram, Rajasthan, and Telangana, exit polls had suggested BJP taking a lead in MP … Read more