Category Archive For "News & Updates"
Will 2019 be better than 2018 for the economy?
2018 has been a rollercoaster year. Global trade-war, rupee volatility, crude oil prices, central bank policies, and liquidity concerns kept markets on the edge in 2018. Sensex witnessed a 5.9% growth throughout the year. On the sectoral front, all most all, except Banking, IT and FMCG have ended in losses. With 2017 being a wonderful …
RBI’s rate cut – Good or Bad for you?
The Reserve Bank of India in its bimonthly meeting in February 2019 has cut the benchmark policy rate by 25 basis points and is currently at 6.25%. With this rate cut, the central bank has changed its stance to ‘neutral’ from ‘calibrated tightening’. But what is repo rate and how is it determined. Firstly, RBI’s …
Weekly Market Update: 1% gains during the week for NIFTY and Sensex.
Date: 3/2/2019 Short Market Update: Nifty and Sensex gain 1% each during the week, thumbs up to the interim budget, Cobrapost unearths a scam, high unemployment rate in India, Chanda Kochhar to repay ICICI Rs350 crore, Revised growth rates show the economy grew at a faster pace Markets started the week on a weaker note …
Weekly Market Update: Markets remained weak.
Date: 25/1/2019 Short Market Update: Nifty and Sensex end in red, Piyush Goyal will give the interim budget this year, Airtel-Tata deal gets a green flag from NCLT, India to surpass China in oil demand, CBI books Chanda Kochhar in the Videocon case, Ravneet Gill to succeed Yes Bank’s, Rana Kapoor. Though markets had a …
Weekly Market Update: Minor gains for NIFTY and Sensex
Date: 19/1/2019 Short Market Update: Nifty and Sensex saw minor gains, weak IIP data can lead to GDP growth rate cuts, low retail and wholesale inflation set the stage for rate cuts by RBI, new pay rules for bank CEO’s by RBI, Finance Ministry and RBI to relax PCA norms, a new investor for Ola. …
8 Most Read Blogs on Upwardly in 2018
Here’s a list of the articles that our readers loved the most on our blog in 2018. Presenting 8 Most Read Blogs on Upwardly in 2018 Mutual funds performance in the last 20 years Though it has been published in the second half of the year, this articles has received the most love from our readers. This …
Weekly Market Update: Range bound week for NIFTY and Sensex
Date: 12/1/2019 Short Market Update: Nifty and Sensex saw a range-bound week, interim budget on Feb 1st, New changes to GST exemption limit, India retained its place as the fastest growing country, SEBI’s cyber attack on AMC’s. The Nifty started the week with three consecutive gain days but ended with two red days. On Friday, …
Looking Back at 2018 & Looking Forward to 2019
Hello! A look at 2018 – The year that was A year of reversals. Macro concerns, volatile crude oil prices, strong USD and rising yields drove most asset classes in the red. Geopolitical events tightened liquidity, state elections kept investors on the edge. Also, secular growth in the equity markets seen in 2017 gave way …
Weekly Market Update: Roller Coaster week for NIFTY and Sensex
Date: 6/1/2019 Short Market Update: Sensex and Nifty face a weekly loss, the rupee has maintained its stance, the expectation to fall in NPA in March 2019, 3 way bank merger swap ratio announced, mutual funds assets in 2018 rose by 5.54% After a roller coaster week, on Friday, markets ended higher, with BSE …
Fiscal Deficit Slippage
India is expected to miss its Fiscal Deficit target for FY 2018-19. For the first eight months of the FY18-19, India’s Fiscal Deficit reached 115% of the budgeted target. The target for FY18-19 was set at Rs 6.24 lakh crores, however, this target was breached and is currently at Rs 7.17 lakh crore. This is …