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Government finances are looking ugly and RBI is becoming more entrenched in funding the fiscal gap of the government, directly and indirectly. The combination of poor government fiRead More
FIIs/FPIs have bought Indian equity shares worth Rs. 252 billion in December 2019 and sold shares worth Rs. 0.43 billion in January 2020 (till 10th January 2020). The Nifty Index fRead More
The US-Iran conflict comes at a time when India is facing a sharp slowdown in the economy. RBI too has been maintaining an accommodative monetary policy that is keeping bond yieldsRead More
The airline industry is like a black hole into which mountains of cash disappear with no trace. Last year December, we’ve put out a note on return of profitability for airline compRead More
The sharp rise in system liquidity to levels last seen post demonetization 3 years ago is alarming and raises a big question on the state of government finances. System liquidity rRead More
FIIs/FPIs have bought Indian equity shares worth Rs. 252 billion in December 2019 and sold shares worth Rs. 5 billion in January 2020 (till 03rd January 2020). The Nifty Index futuRead More
Dear Advisory Client, Wish you a Very Happy New Year. The equity markets are entering 2020 on a high note, at record high levels. Markets have rallied against the backdrop of weakeRead More
RBI announced Operation Twist for the second consecutive week for an amount of Rs 100 billion, buying the 10 year benchmark bond, the 6.45% 2029 bond, and selling short end bonds. Read More
FIIs/FPIs have bought Indian equity shares worth Rs. 252 billion in November 2019 and bought shares worth Rs. 63 billion in December 2019 (till 27th December 2019). The Nifty IndexRead More
RBI is buying the 10 year bond and selling short end bonds, an action that is termed as “Operation Twist”. Twist was done by the US Federal Reserve to bring down long tRead More
FIIs/FPIs have bought Indian equity shares worth Rs. 252 billion in November 2019 and sold shares worth Rs. 34.67 billion in December 2019 (till 20th December 2019). The Nifty IndeRead More
Issue opens Wednesday, 18th Dec 2019 Issue closes:  Friday, 20th Dec 2019 Listing at: NSE, BSE Face Value – Rs.10 Price Band – Rs.177-178 Min Bid Lot – 84 Equity shares and in multRead More
FIIs/FPIs have bought Indian equity shares worth Rs. 252 billion in November 2019 and sold shares worth Rs. 14.22 billion in December 2019 (till 13th December 2019). The Nifty IndeRead More
CPI inflation for November was at a 40 months high of 5.54% largely on the back of rise in food prices. Core CPI inflation was at 3.4% to 3.6% signalling lack of pricing power giveRead More
The bond market took the surprise lack of rate cut by the RBI in its policy review last week, as a sign of the government showing higher than budgeted fiscal deficit for this fiscaRead More

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