Daily Market Analysis – 21st Apr 2021
Foreign Trade Policy: The government on Wednesday extended the existing foreign trade policy (FTP) for six more months amid the coronavirus outbreak. The current policy will now be valid up to September 30, 2021. The foreign trade policy is essentially a set of guidelines for the import and export of goods and services. Covid-19 was catastrophic for international trade. Exports...
Daily Market Analysis – 20th Apr 2021
Market Analysis on Banking Sector HDFC Bank India’s largest private sector lender HDFC Bank today reported an 18.2 percent year-on-year rise in net profit to Rs 8,186.51 crore for the quarter ended March. The lender reported a net interest income of Rs 17,120.2 crore, up 12.6 percent from a year-ago quarter. Analysts had expected the bank to report a 23 percent year-on-year rise in...
Daily Market Analysis – 19th Apr 2021
RENEWABLE ENERGY Market Analysis – Indian renewable energy sector is ranked fourth attractive market in the world. India has ranked fifth in wind power, fifth in solar power, and fourth in renewable power installation. Installed renewable power generation capacity has gained pace over the past few years, posting a CAGR of 17.33% between FY16-20. With the increased support of...
Chennai Super Kings CSK – Unlisted Stock
Overview of Chennai Super Kings: The Chennai Super Kings CSK is a franchise cricket team based in Chennai, Tamil Nadu which plays in the Indian Premier League (IPL) since its inception. The team is captained by Mahendra Singh Dhoni. CSK has won the IPL Tournament thrice and won the Champions League T20 Tournament twice. The franchise has served a two-year suspension from the IPL starting...
Daily Market Analysis – 16th Apr 2021
Market Analysis – Indian Pharmaceutical Industry According to Global Market Estimates, the Indian API market will grow rapidly at a CAGR of 8.57% during the 2020-2026 phase. The Indian drug industry is the world’s third-biggest and as far as volume is concerned then it’s the thirteenth biggest industry. The rapidly increasing rate of persistent infections, along with the rising...
RBI Monetary Policy
The Monetary Policy Committee is entrusted with the responsibility of deciding the different policy rates including MSF, Repo Rate, Reverse Repo Rate, and Liquidity Adjustment Facility. Monetary Policy Committee (MPC) has six members and the main objective of this body is to maintain price stability and boost up the growth rate of the country’s economy.The MPC also maintained an accommodative...
Daily Market Analysis – 26th Feb 2021
1. Petrol Diesel Price Rise India is the World’s Third- largest oil market and depends heavily on crude oil. India consumes nearly 211.6 million tonnes of oil every year. India does not have enough reserves. India depends on imports with some of the blame on the Organisation of petroleum exporting countries, and they have cut supplies but the demand is rising. Owing to this,...
Daily Market Analysis – 25th Feb 2021
Govt will monetize or modernize public sector: PM Modi Prime Minister Narendra Modi said India will “monetize or modernize” state-owned assets and that the government’s focus should be on public welfare schemes and development, rather than engaging in business. “The government will go forward with the mantra of monetizing or modernize,” “PSEs (public sector enterprises) should not...
Daily Market Analysis – 23rd Feb 2021
1. Rise in bond yields caused by short selling by traders As the recent rise in bond yields both in the domestic and the US markets has caused a frenzy in the stocks markets, short selling by market players may be a major reason for the rise in yields. The strategy of short selling involves the sale of a security which the seller has not yet purchased but borrows from others in the...