Market cycle will bottom before the economic cycle!
July 2019 has been a tough month for the markets, the benchmark index ended 6% lower , this was one of the worst Julys in the past 17 years for the NIFTY, the pain was worse in the broader market…
Reverting back to technicals after a growth oriented budget!
We were presented with a growth-oriented budget, where the government has addressed some key issues like disinvestment, liquidity concerns for NBFCs, addressing problems of PSU banks, subsumed FDI and FPI limits, took certain steps to increase the free float in…
Budget 2019 – Has it given enough for markets to bottom out?
The government has definitely not ignored its vote banks in the budget. We were expecting some populism and in many ways it was a populist budget, but what stood out was the superior balancing act. Unlike earlier budgets, this time…