The secondary market went negative for the third straight week, and honestly, that was on expected lines. Global geopolitical tension is still simmering, and both the dollar and crude oil have been swinging around in a volatile way. Those two factors matter enormously for the Indian economy, and that volatilityContinue Reading
By Dilip Davda Last week gave us a good sense of just how split this market has become. The secondary market marked its second straight negative week, and many expected that to put some brakes on the primary market. It hasn’t. If anything, the primary market is going unabated higher,Continue Reading
The mood at the start of this week is a constructive one. I am bullish on the economy, and the Prime Minister’s Independence Day address has only strengthened that view. In his speech, he announced a fresh set of growth measures for the Indian economy, and if these are carriedContinue Reading
Over the last two weeks, there has been a noticeable improvement in the market — both in the final week of July and the first week of August. The primary reason is that even as geopolitical tensions persist, there is no shortage of inflows into the market. The dollar isContinue Reading
