Market Recap: Last Friday on 1-sep, market again showed a sign of strength, however, the past week was mostly sideways in a narrow range. There was a tough fight between bull and bear. Most interestingly, past week action was just further confirmation of strengthening...

Market Recap Market resilient, defying sceptics (Yes, including me), as a surge at month end erased most of the month losses. Nevertheless, India GDP rate slowed to 5.7% in Q1 of 2017-18, perhaps on the back of de-stocking ahead of GST implementation and lingering...

Current Outlook: The market has been rising persistently ahead of earnings for over one and half years, and it is much overvalued. Nevertheless, bullish investors seem unconcerned. Historically, Nifty50 is considered to be undervalued if PE value is below 14, fair...

Summary: Last week I wrote: “we may see temporary bounce soon”, that is precisely what happened from Monday to Wednesday, Thursday was more or less flat, but on Friday selling resumed, attributed to Infosys, stock was being hammered approx 10% in a day on back of the...

Current Outlook: Broader market including major benchmark indices Nifty50, sensex and banknifty and across  the sectors like pharma, banking, auto and capital good witnessed a steep sell off in last week since 7-Aug to 11-Aug. It was the worst week of the year for the...