Two major events jolted the Indian stock markets last week. First was the increase in Securities Transaction Tax in Futures and Options announced in the Union Budget. This triggered a strong sell-off on February 1 when Read More
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Foreign Portfolio Investors (FPIs) remained in a selling mode in January, withdrawing nearly ₹36,000 crore (about $3.97 billion) as global uncertainties persisted. Meanwhile, a higher securities transaction Read More
Nifty 50, Sensex and the Nifty Bank index have risen well from their support last week. Nifty and Sensex were up 1.1 per cent and 0.9 per cent respectively. The Nifty Bank index rose 1.95 per cent. All eyes Read More
Nifty 50 and Sensex managed to bounce back after witnessing a sharp fall initially on Monday. Both the indices remained broadly stable and rangebound all through the week thereafter. The indices closed the week on a Read More
Nifty 50, Sensex and the Nifty Bank index were all beaten down badly. Last week we had said that the benchmark indices can bounce back from their support. That view has gone wrong. Strong foreign money Read More