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 Week that was...Market continued to hit new highs every week, Nifty touched 10,138 supported by better than expected earnings of index heavy weights, strong liquidity and on expectation of rate cut.  RBI’s 25bps rate cut to 6% was in line;…

Market rundown

Friday, 04 August 2017 17:15
 By  Vinod Nair, Head of Research, Geojit Financial Services Ltd  "Market started with a negative bias due to profit booking while later the trend changed with renewed buying on index heavyweights. The pharma sector continued to face US regulatory &…
Dr VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services As expected the RBI cut repo rate by 25 bp. The central bank has kept the FY 2018 GVA growth rate unchanged at 7.3 %. We understand that the rate cut…
 Market rundown by  Vinod Nair, Head of Research, Geojit Financial Services Ltd.  "Good results from index heavy weights continue to add liquidity while country’s largest PSU bank’s interest rate cut decision attracted investors to the banking stocks due to an…
 Week that was... Market witnessed vibrancy with Nifty touching all time record of 10k supported by better earnings from blue-chip companies, strong liquidity from domestic and foreign investors & benign inflation. Optimism on earnings growth and dovish tone from FED…
 Angel Broking, India’s top retail focused investing firm’s hero product ARQ, has outperformed yet again despite the cautious nature of the stock market since the past year. ARQ Midcap Stocks outpaced the benchmark Nifty Midcap 100 by 8.87%, delivering 42.66%…

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Business Digest January 2017

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