Quarterly Updates

Entries for tag "monthly market update"

Market Update - Dec 2017

Market Update

With the 2018 budget season around the corner, many expect a populist budget tone from the government. The reason for a populist budget are two-folds: Government is on a back-foot after their relatively narrow margin of victory in Gujarat. There is a clear indication of rural unrest post demonetisation and multiple years of poor monsoons. Added to this is the 2019 election which is just 18 months away. This means …

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Market Update - Nov 2017

Market Update

It’s the first time in 14 years that India’s credit rating has been upgraded by an international agency of repute. Moody’s upgraded India’s sovereign rating from the lowest investment grade of Baa3 to Baa2. It has also changed the outlook from stable to positive. It is on the expectation that continued progress on economic and institutional reforms will, over time, enhance India’s high growth potential. A rating upgrade for India …

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Monthly Market Update - October 2017

Market Update

Indian markets are inching up, and is touching its new highs. With the earnings season all around, the key focus is on how the corporate results will pan out this quarter. Since it’s the first quarter after the GST rollout, investors are waiting for corporate earnings numbers. So far, there has been no negative news flow to disrupt markets lately. However, stocks may see a correction if foreign investors continue …

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