Economy

"Financial sector is the biggest stress point currently. There is no question that the finance sector is something we should worry about, the banking sector is stressed. The government really is not in a position to bail it out, so we are talking about a long process of attrition, that's going to be costly. … [Read more...] about Banking sector is stressed, govt in no position to bail it out: Abhijit Banerjee

"The expectations are high from the Budget as market participants pin hopes for additional measures from the government to revive the economy. This is likely to drive momentum in the markets in the coming sessions. Further, the earnings announcement from corporates would also induce stock-specific volatility," said Ajit Mishra, VP - Research, Religare Broking Ltd.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Earnings, global cues, pre-Budget expectations to drive markets this week: Analysts

A depository receipt is a foreign currency denominated instrument, listed on an international exchange, issued by a foreign depository to a domestic custodian and includes GDRs.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Govt likely to soon allow Indian cos to list overseas

Looking ahead, oil prices remain under pressure on expectations of lower demand and higher supply. As per EIA data, global oil inventories continue to rise during the year as well. The agency foresees global oil supply will be 1.6 mbpd and the expected consumption is 1.3 mbpd. … [Read more...] about Crude oil in Indian futures market rose 38% in 2019: Where is it headed now?

"Market is climbing higher taking support at the rising trend line since October of last year. However, the velocity is waning with every rise which makes the level of 12,050 in Nifty50 very crucial to sustain the upward trend. Any move below 12,050 levels should be seen as a beginning of a bigger correction, however, till that time traders can keep long and buy on declines with weekly lows as stops. Volatility will be high and therefore traders should be more cautious," Jimeet Modi said. … [Read more...] about Market Week Ahead: 10 key things that will keep traders busy this week