Money Morning…

January 19, 2015 0

Trade deficit in December hits 10-month low on falling crude prices India’s trade deficit narrowed to a 10-month low in December despite a contraction in exports as a slump in crude oil prices and lower […]

Rupee closes at 63.30 a dollar…

December 22, 2014 0

The rupee on Friday shed 19 paise against the dollar at 63.30 erasing it’s initial gains on account of strong demand for the US currency from oil companies amid flows in the domestic equity market.The […]

Money Morning…

December 18, 2014 0

GST Bill gets Cabinet nod; likely in Parliament this session – Positive for overall economy from medium term perspective. Major beneficiaries include i) Banks – SBI, HDFC Bank, Yes Bank, etc ii) Logistic companies – […]

Money Morning…

December 16, 2014 0

Credit growth at 4-month high belies IIP’s gloomy picture: The index of industrial production (IIP) has posted its worst showing in three years, but that’s sharply contradicted by loan growth data which is at a […]

Money Morning…

December 15, 2014 0

Indirect tax collections rise a modest 7.1% in Apr-Nov period: The Finance Ministry will be required to achieve 47%of the Budget target for indirect taxes, comprising customs and excise duties and service tax, in just […]

Market Outlook…

December 1, 2014 0

Last week, Nifty has traded in a very narrow band of 8350-8450 levels, to close at the levels of 8477. Earnings season has been mixed with some hits (Autos, Pvt banks, Cement, Pharma) and some […]

Rupee weakens to 61.77 on dollar demand…

November 18, 2014 0

The rupee was trading weak by 5 paise at 61.77 against the dollar at 4.07 p.m. local time due to fresh demand for dollar from importers, besides dollar’s gains against other currencies overseas. After opening […]

Rupee trading weak at 61.44…

October 31, 2014 0

The rupee was trading weak by 9 paise at 61.45 against the dollar at 4.03 p.m. local time. After opening weak by 19 paise at 61.54 in early trade due to dollar’s gains against other […]

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