RKSV’s promotion this month will leave you at a loss for words. Consider it a 3-in-1 promotion that is so tempting, you will seriously begin to wonder whether we are insane. We’re not. Here’s how it works. If you sign up by September 30th: You get 30 days of free trading on the Dream Plan.Read More
So the market crashed! What do you do now? If you invest in SIPs, mutual funds or stocks then this guide is for you. We are going to bust some myths TradeAcademy style, this guide will talk specifically for the 24th August market crash. On the morning of 24th August I was speaking with Shrinivas,Read More
You might have noticed that we haven’t posted a lot of updates recently. As much as we’d like to write “we’ve been busy”, the truth isn’t quite that simple. The reality is that… We’ve been really, really, really busy!!! Here are 8 things that RKSV has launched/in the process of launching to get you excited about theRead More
The continued sell off in the Chinese markets has begun to cast its shadow over other countries, including India. Metal stocks were among the biggest losers. However many commodity-driven companies, involved in manufacturing finished goods are likely to benefit.
Pharma stocks are consistently gaining buyer’s interest. Government plans to set up Rs 500 crore venture capital fund to boost the domestic pharma industry. Also, the government has taken several measures, including setting up of an inter-departmental committee to look into export-related issues.
One indirect benefit of Greece vote is fall in crude oil prices, and second, as the dollar has strengthened, the possibility of US delaying its interest rate hike is increasing. Both these things are beneficial to India.
Global markets, including India, are eyeing the all-important outcome of Greece referendum. However Indian market will shift its focus to first quarter earnings & monsoon updates.
Indian telecom operators will roll-out nationwide MNP on July 3. Mobile Number Portability is boon for mobile phone users but likely to put pressure on telecom operators.
IT earnings may show seasonal uptick in Q1, but no big surprises are expected. Wage hikes & rising visa costs may mute earnings at IT majors.
On the domestic front, markets will focus on key data coming in on Wednesday especially June auto sales number. Also, Digital India launch by PM Modi to hog the limelight.
Several Indian companies have business interests in Greece and other European countries. These are likely to be adversely impacted with volatility and weakness in euro due to Grexit.
Q1 earning season, Monsoon session of Parliament & launch of Digital India programme will drive the markets in July. Monthly IIP, CPI & WPI numbers will also be keenly watched.